Category: Turnover

Wave of Employee Turnover Hits China’s IT Industry

February 3, 2023
Asia & PacificBytedanceChinaChina Business & EconomyChinese RegimeGlobal Expansionnational intelligence lawsocial controlSpecial TopicsTechTech NewsTencentThreat from Communist ChinaTikTokTurnoverUS-China relationsWorld
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China’s IT industry has seen a wave of resignations and layoffs since last year, affecting the Chinese communist regime’s online censorship. Former employees believe political reasons and economic factors are behind the wave of employee turnover. Liu Jiang (pseudonym), a former employee of ByteDance, which is the parent company of TikTok, told The Epoch Times…

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1 in 5 Australian Workers Changed Jobs in the Last Year

February 18, 2022
AustraliaCCP VirusCOVID-19employeeemploymentTurnoverWorld
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Research has found that one in five Australians have changed jobs within the last year and nearly a quarter are considering leaving their jobs. Of those considering changing jobs, more than one in three said the COVID-19 pandemic was a big factor in their decision. “There are a number of theories why the ‘Great Resignation’…

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Russia Files Court Cases for Fines on Annual Turnover of Google, Meta

December 3, 2021
Business & EconomyCompanieseconomic policieseconomyEuropeGoogleInternationalLocal NewsMedia & Big TechmetaNorthern CaliforniaRegional-Local NewsRussiaSocial MediaTechTech NewsTurnoverUSUS NewsWorld
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MOSCOW—Russia’s state communications regulator Roskomnadzor has filed cases against U.S. tech firms Google and Meta that could see fines imposed on their annual turnover in Russia, a Moscow court said on Friday. Roskomnadzor in October threatened both Alphabet’s Google and Meta’s Facebook with fines based on a percentage of their annual turnover for a repeated…

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