It makes up about 5% of the country’s workforce, with their salaries cut by up to 25% as a result of cost-saving measures.
The last time the unemployment rate in Australia broke 7% was in October 2001.
Deloitte is the latest company to announce job cuts in Australia, joining the likes of PwC and KPMG.
This comes three months after cutting 25% of its senior management pay and all budgeted salary increases for the year.
The airline is hoping that the allowance will help boost the morale of its employees, having already halved their summer bonuses.
Four Asian countries make the International Trade Union Confederation’s list of top 10 worst countries for working people.
The Indonesian government also predicted 4 million to 5.5 million people will lose their jobs this year due to the COVID-19 pandemic.
The airline's latest decision to cut several work benefits, particularly health welfare, has proven to be the last straw for its employees
Developing countries in Asia-Pacific will combine for a meagre 0.1% growth this year, said the Asian Development Bank in a new report.
The average budget for well-being programs has also increased to $4.9 million in 2020, up 36% over 2019.
In April, the bank had called a halt on the proposed layoffs, saying it did not want staff to be unable to find work elsewhere.
The e-commerce giant will also be making the technology open source to help other businesses ensure social distancing for their employees.
Businesses in South-east Asia, Australia and Newland are prioritising improving ICT and security resilience for business continuity plans.
The payment will enable them to get the equipment they need to enhance their home office setup and cushion any financial impact from the pandemic.
Their top reason for doing so is that being an entrepreneur would give them more opportunities, according to a Randstad survey.
In a blog post, Anthony Tan, Grab’s CEO and co-founder, said this will be the last round of layoff across the organisation this year.
In the NTUC LearningHub Employer Skills Survey report, 2 In 3 employers identified upskilling in digital competencies as a business imperative.
Singapore will enter Phase 2 of its reopening on June 19, although employers should continue to allow workers to work from home.
Despite filing for bankruptcy with outstanding debts of 200 billion baht, Thailand's national carrier said there will be no layoffs for now.
The latest labour market report released by MOM reveals total employment fell by 25,600 in Q1 2020, the largest quarterly contraction on record.
Time spent learning on LinkedIn platform increased 144% in March and April, when Singapore entered into a ‘circuit breaker’ phase.
That will be three times the annual usual number of jobs created as the government looks to help Singaporeans cope with the pandemic.
We spoke exclusively to companies in the region to find out how they are ensuring a safe return to the workplace for their employees.
A new KPMG survey indicates that 69% of workers in Malaysia want to continue working from home post MCO.
Among a lineup of new training and career support initiatives is a new training programme developed in collaboration with Ngee Ann Polytechnic.
Businesses that are considered high risk such as live music venues and theme parks will also be allowed to reopen.
Even as businesses and workplaces reopen, 59% of employees in Singapore said they are not comfortable with returning to their offices.
The majority of employees from India’s top three IT companies are continuing to work from home as India’s Unlock 1 phase kicks into effect.
Zoom CEO Eric Yuan said he will not have a single office if he starts his company today as he can hire talent from all over the world.
Organisations and businesses are welcome to nominate themselves and anyone else worthy of this ultimate prize of dedicated HR service provider.