2023, the year of layoffs
Al Jazeera
Despite widespread layoffs few CEOs took meaningful pay cuts and could actually get raises in the year ahead.
Carlin Putman of Houston, Texas worked at AIG for more than two decades. Earlier this year, she lost her job. She was devastated.
But the writing was on the wall for months as the company tried to cut costs.
“No matter how much work we had, it was working off of bare bones,” Putman told Al Jazeera English.
Late last year, the insurance giant announced it would lay off hundreds of employees, including Putman.
“When you are reporting to the board, the less headcount you can show that looks better for them,” Putman said.
Global lender says it will release about $333m to crisis-hit nation as signs of economic recovery emerge.
At least four people have been killed in the attack on the Basta neighbourhood, according to the Health Ministry.
A series of unexplained incidents causing damage to pipelines and cables in the Baltic Sea has occurred in the past two years. Could this be a new form of underwater warfare?
The hedge fund manager will be responsible for implementing president-elect’s pledges to cut taxes and raise tariffs.
Cola Gaza offers its drinkers an ‘apartheid-free’ alternative as they boycott big-name brands.
These were the key developments on the 1,003rd day of the Russia-Ukraine war.
Defectors from Myanmar’s military and police are learning skills that could put them on a new path after years of war.
World Health Organization says 226 health workers, patients killed in Lebanon since start of Israel’s war on Hezbollah.
UN health agency says its decision is ‘based on the rising number and continuing geographic spread of cases.’