Every day, it seems, there is a new announcement of a company forced to do layoffs - most notably in the tech and media sectors. With layoffs comes the threat of a disgruntled employee taking important company information with them when they go. How can companies minimize the risk of data exfiltration by current or ex-employees?
Massive layoffs are a huge opportunity for bad actors and someone who has just been laid off may be a prime target for an incentivized offer for information. Experts say, 'Organizations have spent most of their resources on protecting themselves from external cyber threats. But what happens when the adversary has a set of keys and can stroll right in?
Today's Headline in NewsHours
0:00 Intro.
00:47 Layoffs can increase security risks.
01:30 Layoffs can lead to decreased morale creating opportunities for bad actors.
02:15 Protecting data during layoffs is crucial.
03:04 Samsung will not replace Google with Bing on its smartphones.
03:45 Tesla seriously considering setting up production base in India.
04:30 Blue Origin wins $3.4B NASA contract to build spacecraft for Moon missions.
05:20 Twitter testing new product with influencers and celebrities.
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#varindia #newshour #Layoffs #OpportunisticBehavior #BadActors #JobLoss #Unemployment #WorkplaceChallenges #EconomicImpact #BusinessEthics #CorporateResponsibility #WorkforceReduction #CareerTransition #EmploymentIssues #JobMarket #LaborForce #HumanResources #OrganizationalChange #Economy #Job.
Every day, it seems, there is a new announcement of a company forced to do layoffs - most notably in the tech and media sectors. With layoffs comes the threat of a disgruntled employee taking important company information with them when they go. How can companies minimize the risk of data exfiltration by current or ex-employees?
Massive layoffs are a huge opportunity for bad actors and someone who has just been laid off may be a prime target for an incentivized offer for information. Experts say, 'Organizations have spent most of their resources on protecting themselves from external cyber threats. But what happens when the adversary has a set of keys and can stroll right in?
Today's Headline in NewsHours
0:00 Intro.
00:47 Layoffs can increase security risks.
01:30 Layoffs can lead to decreased morale creating opportunities for bad actors.
02:15 Protecting data during layoffs is crucial.
03:04 Samsung will not replace Google with Bing on its smartphones.
03:45 Tesla seriously considering setting up production base in India.
04:30 Blue Origin wins $3.4B NASA contract to build spacecraft for Moon missions.
05:20 Twitter testing new product with influencers and celebrities.
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https://www.facebook.com/VARINDIAMagazine/
https://twitter.com/varindiamag
https://www.instagram.com/varindia/
https://www.linkedin.com/company/14636899/admin/
https://in.pinterest.com/varindia/
https://varindia.tumblr.com/
Visit on https://varindia.com/ to know more
Labels & Copyrights :- VARINDIA
#varindia #newshour #Layoffs #OpportunisticBehavior #BadActors #JobLoss #Unemployment #WorkplaceChallenges #EconomicImpact #BusinessEthics #CorporateResponsibility #WorkforceReduction #CareerTransition #EmploymentIssues #JobMarket #LaborForce #HumanResources #OrganizationalChange #Economy #Job
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In other news Friday, Bank of America, the nation's largest bank, said it will eliminate 3,500 jobs by the end of September following a string of other cuts announced earlier this year. Also, a suicide bomber struck a Sunni mosque in Pakistan, killing nearly 50 people.
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Headhunters across the country are seeing an unprecedented jump in the resumes of mid-management IT professionals with firms reporting a spike of anywhere between 15% to 90% with one firm witnessing an increase of as much as 250% over the previous year.
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#microsoft #microsoftlayoffs #techcompany
Microsoft Layoffs: माइक्रोसॉफ्ट 11,000 कर्मचारियों को दिखाएंगे बाहर का रास्ता
Microsoft Corp plans to cut thousands of jobs with some roles expected to be eliminated in human resources and engineering divisions
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Microsoft Layoffs: माइक्रोसॉफ्ट 11,000 कर्मचारियों को दिखाएंगे बाहर का रास्ता
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Indian Industry is witnessing massive layoffs and hiring freeze
Indian Industry is witnessing massive layoffs and hiring freeze
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During and post Covid, several companies doubled their sizes — including some small tech firms that hired crazily because the world was going towards digitization. “Now, when it starts becoming more ‘unit economics–driven,’ it will become an opportunity for some companies to cut their unnecessary load, and demand may also slow down, given the overall global macroeconomic scenario. Hence, employers are forced to re-adjust their cost structures to the available demand.”
Tech layoffs are skyrocketing and several enterprises are opting for mass layoffs and freezing hirings to maintain the profit ratio by tightening their belts and they are in a good faith that everything will go on-line, digital is going to drive the market on their own terms but creating a global scenario as the uncertainties in the market and challenging global macroeconomic conditions. Thousands of employees have lost their jobs in the country and are sharing their bitter layoff experience.
Job cuts are hitting the tech sector hard after years of unbridled growth. Facebook parent Meta, Twitter, Shopify, Salesforce, Stripe and CISCO have laid off thousands of employees to weather the rough macroeconomic conditions. The past few months have been difficult for people working in the private sector in India, particularly for employees of tech companies.
It’s not just the startups that are laying off people, but also storied IT services organizations. Amazon will continue to lay off employees in the coming year. Thankfully, there is no such prospect of recession in India.
Experts believe this might be just the beginning of job cuts in India. Startups with unicorn status including Byju’s Unacademy, Meesho, Ola, Blinkit, Cars24 and others, have laid off thousands of people in their workforce.
Secondly, organizations have been bullish and anticipating a higher valuation and a lot of inflow of funds from venture capitalists. Probably the organizations could not anti
Technology video | 164 views
The ongoing #RussiaUkraineWar has contributed to the layoffs in the job market as it has made the market more volatile. This is clearly visible from stock market volatility. A potential economic recession is a big red flag. With inflation soaring in most parts of the world, leading to a crisis in the job market as well. The International Monetary Fund has cited forecasts for global GDP growth in both 2022 and 2023 as gloomy. These measures involved increasing the interest rates.
We have seen how the U.S. multinational companies including tech giants Amazon, Meta, Intel, Twitter, Citi, Morgan Stanley and Adobe, announced massive layoffs. These developments are bound to have an impact on India’s export prospects, especially in the information technology sector. The Indian IT services firms are among the largest employers in the organized sector and any global economic trend is bound to have an impact on their growth projections.
The attrition rates or the number of employees per 100 quitting on their own, of the top two firms, TCS and Infosys, show that these rates are still high, which means that there is enough business for the sector for competitors to draw away employees with promise of higher salaries. For instance, all top companies except Wipro saw a rise in revenue and net profit.
The news of layoffs in the Indian start-up front is predominantly in Edtech, or the educational technology front. During the pandemic, there was a surge in demand as people were in lockdown, and were spending a lot of time on the internet. The overall consumption saw an upsurge following which the companies went to increase their output to meet the market requirements.
As the demand is coming back to pre-Covid levels and seeing the debt bubble almost about to burst and fearing recession, Managements during a recession look critically at headcount numbers to cut costs and protect profit margins as they are accountable to investors.
Experts
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My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa
Home Bar Accessories - https://amzn.to/3LedEOv
Glassware - https://amzn.to/3KRPSrf
Ice mould - https://amzn.to/3EWlecr
Disclaimer:
The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.
About The Channel:-
If you love homestyle cocktails, reviews of Alcohol, Drink kn
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