Feb 1, 2016 - HSBC said to freeze salaries, hiring in 2016 in battle to cut costs

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Sree Vijaykumar From the Editor's Desk Y Combinator recently put out a job ad for a researcher for a 5 year research project on 'Basic Income'. The idea is to see how people behave if given a basic income (no questions asked) which takes care of their basic needs. Do they sit around and play video games? Will they be happy and fulfilled? Or will not having the fear of being able to eat enable them to do something bigger and better? All interesting questions. While YC is looking at this because it believes machines will one day do most of our white collar jobs as well, there is a more urgent and perhaps more important need to study Basic Income as a subsidy tool for the poor. This article examines some of that, including experiments being done in Finland and Utrecht (Netherlands) - Comment HSBC said to freeze salaries, hiring in 2016 in battle to cut costs HSBC is in the midst of a drive to boost profitability and returns to shareholders, and is pushing through with plans for annual cost savings of up to $5 billion by 2017 Advt:Affordable Housing Schemes in Dubai with Post hand over payment plans Affordable Housing Schemes in Dubai with Post hand over payment plans Nine disruptors we should keep an eye on These nine people are good at what they do, and now they want to try difficult new things. They represent the values we’ve tried to instil in Mint Manufacturing to help drive GDP in India: Suresh Prabhu Suresh Prabhu said that for India to become $20 trillion economy large part of country's GDP should comes from manufacturing. 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Small is Big: Kids' segment to drive big growth in organised furniture retail This relatively niche and nascent segment is growing in the range 45-50% TradeBriefs Publications are read by over 10,00,000 Industry Executives India Business Brief | India Retail News | India Food Brief | India Telecom Brief | India Finance Brief | India Software Brief | India Digital Brief | India Ecommerce Brief | India Franchise Brief | India HR Brief | India Logistics Brief | India Construction Brief About Us  |  Advertise Privacy Policy    Unsubscribe You are receiving this mail because of your subscription with TradeBriefs. Our mailing address is GF 25/39, West Patel Nagar, New Delhi 110008, India