Aerospace & DefenseIsraeli carrier El Al to slash jobs as deepens cost cuts
Steven Scheer
3 minute read
An El Al Israel Airlines Boeing 737-900ER airplane takes off from the Adolfo Suarez Madrid-Barajas airport as seen from Paracuellos del Jarama, outside Madrid, Spain, August 8, 2018. REUTERS/Paul Hanna/File Photo
El Al Israel Airlines (ELAL.TA) said on Thursday it was cutting 1,900 jobs as part of a broader plan to recover from the impact of COVID-19, even as its net loss narrowed in the first quarter due to steep cost-cutting measures.
Israel s flag carrier reported an $86 million loss in the January-March period, versus a net loss of $140 million a year earlier. Revenue slid 64% to $117 million, while expenses such as salaries and jet fuel dropped 54%.
TechnologyAmazon.com faces five new racial, gender bias lawsuits
Jonathan Stempel
3 minute read
The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo/File Photo/File Photo
Amazon.com Inc (AMZN.O) was hit on Wednesday with five new lawsuits by women who worked in corporate or warehouse management roles, and accused the online retailer of gender bias, racial bias or both.
The women, ages 23 to 64, accused Amazon of favoring men over women in career growth, allowing supervisors to denigrate them, and retaliating after they complained.
Two plaintiffs are Black, one is Latina, one is Asian-American and one is white. They filed their lawsuits in federal courts in Arizona, California, Delaware and Amazon s hometown of Seattle.
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SHENZHEN, China, May 20, 2021 /PRNewswire/ As smart homes get more complex due to advances in technology and consumer behaviors, it is always a race to get platforms to catch up. In February 2021, RPMAnetworks, a fast-growing IoT solutions provider in UAE, adopted a new collaborative effort with Tuya Smart (NYSE: TUYA), a leading global IoT Cloud platform, extending their distribution channel of various smart homes products in the GCC markets and beyond.
RPMAnetworks is the local leader in designing, implementing, and operating IoT solutions together with its cloud-based LINC Connect and enabling IoT and Machine-to-Machine communications with its LINC Air solution.
Islamabad
May 20, 2021
Rawalpindi : Minister for Interior Sheikh Rashid Ahmed on Wednesday said that 80 per cent construction work of Mother and Child Hospital (M&CH) has been completed while remaining hopefully would be completed within six months.
Talking to the media during a visit along with Special Assistant to the Prime Minister (SAPM) on Health Dr Faisal Sultan to inspect the ongoing work at the site, he said the 400-bed hospital will be the first state-of-the-art facility of its kind in the country to have modern cancer treatment centre.
The minister said two city mega projects include Nullah Leh and Mother and Child hospital would be completed soon.