Thursday, 16 May 2024

Cognizant names Rajesh Nambiar as Chairman and Managing Director of India

U.K.’s Young and Minority Furloughed Workers Are Losing Jobs Now

British young people and minorities whose jobs were spared by the government’s wage subsidy program in the spring are being laid off now.

About a fifth of young people who were furloughed have now lost their jobs, according to a survey by YouGov for the Resolution Foundation. A similar percentage of Black, Asian and minority ethnic workers have also been cut. Only a third of the young who were let go have been able to find new work, the think tank said Wednesday.

The report highlights the government’s challenge as it tries to fight a resurgence of coronavirus with localized restrictions while preventing a new spike in unemployment. Chancellor Rishi Sunak is introducing new support measures that are less generous than those offered the spring, and joblessness is already rising.

“The true nature of Britain’s jobs crisis is starting to reveal itself,” said Kathleen Henehan, a researcher at Resolution. “Worryingly, fewer than half of those who have lost their jobs during the pandemic have been able to find work since.”

Of all the workers furloughed, about half have returned to their jobs full time, while a third remain partially furloughed and a 10th are out of work altogether. The findings indicate that the jobless rate reached 7% in September, and as much as 20% among 18-24 year olds, meaning Britain is facing the highest youth unemployment in four decades.

Singapore Expands List of Travelers Able to Isolate at Home

Singapore will allow travelers from more countries to spend their mandatory 14-day isolation period upon arrival in the city at their place of residence from November, the Ministry of Health said in a statement.

Travelers from Estonia, Fiji, Finland, Japan, Norway, the Republic of Korea, Sri Lanka, Thailand and Turkey who arrive in the city-state from November 4 will be able to isolate at their place of residence. Individuals who opt to stay at their place of residence for their self-isolation period will be subject to close monitoring of their whereabouts via electronic means and physical spot-checks, the ministry said.

The expanded list comes as Singapore seeks to cautiously reopen its borders to international travel and revive activity in key sectors. After emerging from a two-month partial lockdown in June, the economy has gradually reopened with daily virus cases steadily declining in recent weeks to low single digits or zero.

Singapore will also stop paying for stays at dedicated self-isolation facilities from January next year for citizens and permanent residents, the ministry said.

All incoming travelers will also be responsible for inpatient medical bills from Jan. 1 if they develop Covid-19 symptoms within 14 days of arriving in the country.

Donald Trump’s Campaign Website Hacked And Defaced

The campaign website of President Donald Trump’s reelection campaign was hacked and then defaced for a period on Tuesday, but a spokesman said that there was no access to sensitive data.

Tim Murtaugh, communications director for the campaign, wrote on Twitter, “Earlier this evening, the Trump campaign website was defaced and we are working with law enforcement authorities to investigate the source of the attack. There was no exposure to sensitive data because none of it is actually stored on the site. The website has been restored.”

According to Tech Crunch, the campaign’s “About” page was taken over by what appeared to be a crytocurrency scam. A message read that the “world has had enough of the fake news spreaded daily by President Donald J. Trump.” The hackers message was taken down within minutes.

It is unclear how the hacker or hackers accessed the Trump campaign site.

In July, Twitter was hit by a hack of high profile accounts of figures such as Joe Biden, Barack Obama, Bill Gates, Jeff Bezos and Mike Bloomberg. That caused the social media platform to shut down high profile accounts for time as the investigated the source of the cyber attack. It also was a scam to collect around $300,000.

 

Cognizant names Rajesh Nambiar as Chairman and Managing Director of India

Nasdaq-listed IT firm Cognizant has appointed Rajesh Nambiar as the Chairman and Managing Director of India and a member of Cognizant’s Executive Committee effective November 9, 2020.

He joins Cognizant from Ciena, a networking, systems, and software company, where he currently serves as Chairman and President of Ciena, India.

“In the repositioned and elevated role of the India Chairman and Managing Director, Rajesh will strengthen our brand positioning in India and enhance our relationships with relevant Indian government agencies, chambers of commerce, universities, the media, and key policy-making bodies, including NASSCOM,” said Brian Humphries, CEO, Cognizant. “Rajesh will also serve as the Executive Committee representative of our nearly 200,000 associates in India,” he added.

In a statement issued by Cognizant, Mr. Nambiar said, “My priority is to build upon Cognizant’s rich legacy of innovation, industry leadership, and client-centric employee culture to help the company engineer modern businesses that improve everyday life.”

Mr. Nambiar’s background includes more than a dozen years with IBM and 18 years with Tata Consultancy Services. At IBM, he was the general manager and global leader for IBM’s application services business, with oversight of an $8 billion global P&L. He also served on the board of IBM India and as a member of The National Association of Software and Service Companies (NASSCOM) Executive Council while at IBM.

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