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This brings us nearer than ever to the point the place we are able to create “intelligent enterprises” where techniques and processes help each other to complete menial and mundane duties in the most efficient way possible. Here’s why wage hikes are declining for techiesSalary hikes for technology employees switching jobs have decreased by virtually half compared to the previous fiscal yr. The decline is due to top IT exporters decreasing their intake amidst a slowdown in global demand for tech companies. The IT sector has transitioned from a job seekers’ market to an employers’ market.

It is thought to be the biggest partnership of China’s Belt and Road Initiative . It elevated to over $62 billion over time, and a minimum of $25 billion was invested in cash-strapped Pakistan. Keep abreast of great company, monetary and political developments around the globe. Stay knowledgeable and spot rising dangers and opportunities with unbiased international reporting, expert Business News commentary and evaluation you can trust. Efforts to merge the two banks have involved brutal job cuts, designed to cut prices and to avoid duplicating roles throughout the model new group. UBS bosses confirmed they’d slashed more than 4,000 jobs between July and September, bringing total job losses to 13,000 up to now this year.