'No more hiring, more layoff soon in Meta': Mark Zuckerberg says to employees
Zuckerberg mentioned during the last Meta earnings call that "Our plan is to steadily reduce headcount growth over the next year. Many teams are going to shrink so we can shift energy to other areas." In May, Zuckerberg announced a hiring freeze affecting certain segments of Meta.
Sep 30, 2022, 12:01 PM IST
Global Economy - Communication breakdown?
Since the Fed began raising rates in 2015, the difference between long- and short-term US yields has shrunk to levels not seen since before the 2008 financial crisis, reaching 67 basis points -- its flattest in a decade -- in the past week.
Nov 10, 2017, 17:25 PM IST
ICICI Bank Q1 profit falls 8%, provisions rise
Net non-performing loans as a percentage of total loans fell to 4.86 percent at end-June from 4.89 percent at March-end, but rose compared with 3.01 percent a year earlier.
Jul 27, 2017, 18:00 PM IST
China removes 75% cap on loan-to-deposit ratio
Facing economic downturn, China today removed 75 percent loan-to-deposit ratio stipulation for its commercial banks to improve liquidity and imposed USD 2.5 trillion as ceiling for local governments to control the spiralling debt.
Aug 29, 2015, 20:23 PM IST
