Most of the women running the biggest U.S. companies saw their pay increase last year, even as the pandemic hammered the economy and many of their businesses.

WASHINGTON President Donald Trump is preparing to direct the federal government to overhaul its hiring to prioritize a job applicants skills over a college degree, administration and industry officials say. The federal government is the nations largest employer with 2.1 million civilian workers, excluding postal service employees. Ivanka Trump predicted the change in federal government hiring would create a more inclusive and talented workforce. We are modernizing federal hiring to find candidates with the relevant competencies and knowledge, rather than simply recruiting based on degree requirements, she told The Associated Press in a statement. The White House isnt eliminating degree requirements altogether but instead will stress skills in jobs where having a degree is less important.

WASHINGTON President Donald Trump is preparing to direct the federal government to overhaul its hiring to prioritize a job applicants skills over a college degree, administration and industry officials say. The federal government is the nations largest employer with 2.1 million civilian workers, excluding postal service employees. Ivanka Trump predicted the change in federal government hiring would create a more inclusive and talented workforce. We are modernizing federal hiring to find candidates with the relevant competencies and knowledge, rather than simply recruiting based on degree requirements, she told The Associated Press in a statement. The White House isnt eliminating degree requirements altogether but instead will stress skills in jobs where having a degree is less important.

Change from last year: 338%Her pay vs typical company worker: 604 times, up from 165Overall ranking: No. Virginia M. RomettyIBM$19.1 millionChange from last year: 9%Her pay vs typical company worker: 354 times, up from 319Overall ranking: 57___5. David ZaslavDiscovery$45.8 millionChange from last year: -65%His pay vs typical company worker: 578 times, down from 1,511Overall ranking: No. Shantanu NarayenAdobe Inc.$39.1 millionChange from last year: 38%His pay vs typical company worker: 266 times, up from 200Overall ranking: No. Larry J. MerloCVS Health$36.5 millionChange from last year: 66%His pay vs typical company worker: 790 times, up from 618Overall ranking: No.

The Journal said IBM's job cuts could number in the thousands, citing an unnamed person familiar with the company's plans. These would be IBM's first big layoffs under Krishna, who on April 6 replaced outgoing CEO Ginni Rometty. It worked to strengthen its cloud computing business under Rometty but has struggled to compete with top cloud rivals Amazon, Microsoft and Google. The fact that IBM has been here before gives me perspective and confidence, Krishna said at the Think conference for IBM clients and developers, held remotely this year. I believe history will look back on this as the moment when the digital transformation of business and society suddenly accelerated."