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Tet gifts were sent to more than 6,000 workers at Conteccons’ construction sites. Photo by CIS Lao Cai Project The program, starting on January 4, is expected to reach nearly 60 construction sites across the country. In the first week of 2023, Tet gifts were sent to more than 6,000 workers at Coteccons' projects including Vinhomes Grand Park (District 9, Ho Chi Minh City), Lancaster Legacy (District 1, HCMC), CR8 – 2B&3 (District 7, HCMC), Dolce Penisola (Quang Binh), Diamond Crown (Hai Phong), Vinfast Automobile Assembly Workshop (Hai Phong), Vinhomes Smart City, Nam Cuong Villa area (Hanoi), Six Senses (Dong Nai), Hyatt Sapa, CIS (Lao Cai). Besides giving Tet gifts, the program also offers haircuts at construction sites and free rides for workers to travel to return to their hometown. "All these activities are to support workers when the Tet holiday is coming. This is a meaningful gift and a message calling for the society to recognize the contributions of these … [Read more...] about Coteccons brings Tet to 12,000 construction workers

Google's parent Alphabet Inc is cutting about 12,000 jobs as it faces "a different economic reality", it said in a staff memo, doubling down on artificial intelligence (AI) and axing staff who support experimental projects. The job cuts affect 6% of its workforce, and follows thousands of layoffs at tech giants including Amazon.com Inc, Microsoft Corp and Meta Platforms Inc who are downsizing after a pandemic-led hiring spree left them flabby in a weak economy. Shares in Mountain View, California-based Alphabet, which boosted its workforce by nearly a third through 2020 and 2021, rose 4% on Friday. They had fallen 30% in the past 12 months, echoing a 24% slump in the broader tech industry. Sundar Pichai, Alphabet's boss since 2019, said in the memo on Friday that he took "full responsibility" for the decisions that led to the layoffs. Pichai, whose pay was recently tied more closely to performance, said this was a moment to "sharpen our focus, reengineer our cost base and … [Read more...] about Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI