Business

T-Mobile to lay off 7% of workforce

Bellevue, Washington-based T-Mobile announced Thursday it plans to shed 5,000 roles, or nearly 7% of its workforce. The company will inform all laid-off employees by the end of September.

Business

Researchers examine AI's role for improving government services

Many countries are exploring the potential of artificial intelligence (AI) to improve their operations and services, and China is no exception. Still, not all AI techniques are suitable for every government service or process, ...

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Employment

Employment is a contract between two parties, one being the employer and the other being the employee. An employee may be defined as: "A person in the service of another under any contract of hire, express or implied, oral or written, where the employer has the power or right to control and direct the employee in the material details of how the work is to be performed." Black's Law Dictionary page 471 (5th ed. 1979).

In a commercial setting, the employer conceives of a productive activity, generally with the intention of generating a profit, and the employee contributes labour to the enterprise, usually in return for payment of wages. Employment also exists in the public, non-profit and household sectors. To the extent that employment or the economic equivalent is not universal, unemployment exists.

This text uses material from Wikipedia, licensed under CC BY-SA