Pakistan
Uber fires over 3,700 Employees
Quratulain Y Azher Karachi, May 06, 2020: The management of the world’s biggest App-based taxi service, Uber, has announced to fire 3,700 employees and permanently close 180 driver service centers as part of the of cost-cutting measures in the wake of coronavirus pandemic that suspended its services in different operating countries. The reductions will affect…
Shahzad Dada moves to UBL from Standard Chartered Bank
Karachi, May 06, 2020: Shahzad Dada has stepped down as the President and CEO and Director of Standard Chartered. He will remain to serve his bank for one more month on the notice period. His resignation has been accepted by the board of directors, according to the official announcement. Shahzad Dada took the decision to…
Careem fires over 500 Employees
Karachi, May 05, 2020: The management of Careem has announced to fire 536 employees due to suspension of its services in different countries including Pakistan. The co-founder and CEO Careem Mudassir Sheikha made this sad announcement in an official letter to the staff members. According to him, 536 of our colleagues who make up 31%…
Admissions in IBA would not be done through Tests in 2020
Quratulain Y Azher Karachi, May 05, 2020: IBA Karachi has also devised a mechanism wherein case IBA admission tests do not take place due to the prevailing Covid-19 lockdown. In this case, the admissions would be offered through interviews of shortlisted candidates. As the threat of Coronavirus looms over the academic future of students, the…
JS Bank and Partners Supply Personal Protective Equipment to Indus Hospital
Karachi, May 04, 2020: In its effort to build capacity in the national healthcare system, JS Bank and its partners have donated Personal Protective Equipment (PPE) worth Rs. 7.35 Million to Indus Hospital. The support package will be used for procurement of Personal Protective Equipment (PPE) kits including Face Shields, N95 Medical Grade Masks, Latex…