salaries

The company behind a phone app for determining a food’s nutritional value has amassed $32 million in debt and still owes back pay to two dozen ex-employees as it shuts down. Opsis Health, of Highlands Ranch, filed for Chapter 7 bankruptcy March 15, less than one year after it launched Plateful, the company’s signature phone app. Chapter 7 requires a company to liquidate its assets and distribute them among those it owes money to. Plateful allows users to scan 1 million foods, then assigns those foods both a nutritional…

Troubled edtech major Byju's said on Sunday that it has paid a portion of the salaries for February to about 20,000 employees, reported news agency IANS. According to the report, the company has promised to pay the remaining balance once it is allowed to use the funds from the rights issue. Further, the company said the salaries will be reflected in the employees' accounts by March 11.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate…

They believe AI can improve productivity by 51% if leveraged to its full potential across all functions. Workers, too, believe the use of AI in their jobs can push productivity up by 50%.Asked how AI would help daily work functions, 64% of employers pointed to task automation while 60% cited improved workflow and outcomes. Another 59% said it would enhance communication and 49% said it would augment innovation and creativity. In terms of the departments that would benefit most from AI, 91% pointed to IT, while 89% and…

Embattled edtech Byju’s founder Byju Raveendran told employees on Saturday that the company is still unable to process salaries, as it is unable to utilise the funds raised as part of the rights issue.In an internal memo, he blamed a select few investors, and added that the amount raised through the rights issue is locked in a separate account.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of…

Byju's founder Raveendran has expressed concern over the company's current financial situation, stating that they are unable to pay salaries due to a dispute with investors.He said, "Byju's unable to pay salaries as rights issue funds locked in separate account amid dispute with investors."Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of BusinessISB Product…

Exploring different programming roles and  their average salaries There are many different programming roles available in the ever-changing tech industry, and each one has its own set of duties and requirements. Both seasoned developers and aspiring IT workers gain from knowing the specifics of these positions and what kind of pay they typically command. We’ll examine a range of programming professions in this in-depth analysis, illuminating the numerous career pathways and typical pay that go along with…

The move comes “in connection with other expense reduction actions being taken by the management team,” the company said. The move comes “in connection with other expense reduction actions being taken by the management team,” the company said. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all…

Byju Raveendran, the founder and chief executive of cash-strapped edtech Byju’s, told employees the company has credited January's salaries as of Sunday.ET spoke to employees, across senior and junior roles, who confirmed the development.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisit“I…

Credit: Unsplash/CC0 Public Domain Local newspapers are key to keeping residents informed about civic affairs, and the threat of negative media coverage keeps nonprofit leadership salaries in check, according to new University at Buffalo School of Management research. Published in the Journal of Accounting and Public Policy, the study found that when a newspaper…

The IT services industry continues to be the top CEO paymaster in India despite business headwinds in the past two years, going by FY23 numbers when seven out of the 10 highest earning CEOs in the country were from this sector.Their salaries ranged from Rs 29 crore to Rs 82 crore, an ET analysis of data from BSE 500 companies showed.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM LucknowIIML Executive Programme in FinTech, Banking…