The company made the announcement after demand for its recruitment products has been affected by the COVID-19 pandemic.
Subsidies will be reduced under the extended program, which is expected to help about 1 million workers and last till 2021.
If internet inequality is not adequately addressed, millions around the world could find themselves without a job, warned Microsoft president.
From January to May 2020, more than one-quarter of businesses have closed down because of COVID-19, according to a new report.
A surge of employment after the reopening of Australia's economy was not enough to offset the increase in the number of jobseekers.
The integrated resort operator said the vast majority of local staff have been retained while all affected workers will get a “fair compensation”.
The Philippines is set to have the highest unemployment rate in Southeast Asia this year, according to the latest report.
In his upcoming new book, Laurence Smith charts the top 10 things leaders should do to turn crisis into opportunity.
Despite the record unemployment rate, there are signs of economic recovery in the Southeast Asian country.
COVID-19 drove Singapore’s economy into a 41.2% contraction in the second quarter of 2020, as the government warns of a long recovery ahead.
Household spending continues to decline as a constricted Japanese labour market sees real wages dropping at its fastest rate in five years.
It will also help companies in Singapore meet manpower needs by mobilising workers from firms with excess manpower.
The Thai Chamber of Commerce expects more jobs to be on the line, as the economy is expected to contract by 5%-8% this year.
More than 29,000 businesses have had to suspend operations in Vietnam in the first half of 2020, reported the General Statistics Office of Vietnam.
61% of businesses in the region expect a significant or worse decline in annual revenue in the wake of COVID-19, new survey shows.
The latest survey also revealed that Singaporeans had to work outside of their usual hours such as evenings and weekends during the work-from-home period.
The International Air Transport Association (IATA) warns that the aviation industry’s recovery will be long and challenging.
Despite the jobs saved, Malaysia's unemployment rate is expected to increase in the coming months due to the impact of the COVID-19 pandemic.
The job cuts, affecting a mainly Singapore-based workforce, will come from across all parts of the business.
100 flights will also be grounded for a year as the Australian carrier grapples with economic fallout from C0VID-19.
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 Indonesian government also predicted 4 million to 5.5 million people will lose their jobs this year due to the COVID-19 pandemic.
Developing countries in Asia-Pacific will combine for a meagre 0.1% growth this year, said the Asian Development Bank in a new report.
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.
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.
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.