US jobs

Coronavirus impact: How the Covid-19 job cuts played out in the US

In all, 701,000 jobs were reported lost last month, the Labor Department said on Friday, but even that massive number - the largest since the financial crisis 11 years ago - did not capture the true depth of the losses because the monthly survey was conducted too early in March. Apr 5, 2020
Reserve Bank of India

Coronavirus scares: Contingency planning on top of the agenda for global financial firms

Large financial institutions and corporates are ramping up their contingency planning efforts to combat the spread of coronavirus amongst its staffers, which include telling them to self-quarantine for 14 days if exposed to someone suffering from the virus, deep cleaning of offices and splitting operations such that some staff can work-from-home in affected regions. Mar 12, 2020