The institute plans to open 100 new centres through franchising and hire more than 700 tutors to improve the teacher-to-student ratio. The investment will go towards integrating new technologies, as well as content creation
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Previously, Barclays has cut bonuses and jobs in its retail and investment banking businesses in recent years to cut costs
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The hiring areas will be engineering, design, luxury, digital, data analytics, marketing and sales
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The company employs approximately 50,000 people across the UK, Europe, India and South Africa, and potential layoffs represent less than 2 per cent of its workforce
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The 5% reduction in the workforce comes after financial difficulties began following the collapse of a $2 billion deal with Saudi government-funded company Savvy Games Group
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The company is expected to cut 40 to 50 jobs in its corporate and investment banking division, making the bank the latest major financial firm to cut staff amid a deal drought that has lasted more than a year, as per reports
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The restructuring came in response to a financial loss in the defense and space division, which was attributed to a 300-million-euro charge related to unspecified satellite developments
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The scammers are using the name, trademark and logo of the Airports Authority of India with a view to tarnish the image and reputation of AAI.
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