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SVB employees to receive 45 days of employment at 1.5 times pay, reports say | CNN BusinessThe US Federal Deposit Insurance Corporation offered Silicon Valley Bank employees 45 days of employment and 1.5 times their salary, reports say. Our tax dollars 'at work'. 'Advanced dividend payout' for uninsured depositors Why didn’t the financial wizards know about SVB’s poor financial position. My point is, we think they have all the answers but they don’t. Are there other banks in similar positions? Shush! Nobody wants to panic because that wouldn’t be good for a lot of reasons. $$$$$$$$$$$$$$$$
Source: CNN - 🏆 4. / 95 Read more »
Immigration barriers are forcing U.S. companies to outsource and relocate employeesA new report found that 81% of companies transferred foreign national employees to an office abroad and 80% of companies relocated employees to work remotely overseas, both because of visa-related issues in the U.S., in the past year. tanyakaushal00 USCIS updated, 'Options for Nonimmigrant Workers Following Termination of Employment,' since laid off H-1B workers 'wrongly assume that they have no option but to leave the country within 60 days.' USCIS published guidelines for Entrepreneur Employment in the USA.
Source: YahooNews - 🏆 380. / 59 Read more »