by Christine Moukazis | Mar 1, 2024 | Latest News
Ghosting has unfortunately become commonplace in the hiring process, and one of the biggest pain points for job seekers in today’s labor market. Job ghosting refers to the practice of suddenly ceasing all communication with a candidate, in hopes that the applicant...
by Christine Moukazis | Dec 27, 2023 | Latest News
The world’s biggest banks reportedly slashed more than 60,000 jobs in 2023. It was a year in which investment banks suffered their second year in a row of declining fees amid a downturn in dealmaking and companies going public, the Financial Times (FT) reported...
by Christine Moukazis | Dec 18, 2023 | Latest News
More than 40% of workers are burned out—and yet only about half feel their company’s leadership cares about their well-being. It’s readily apparent that employee health and satisfaction are at a stark low. While taking time off to disconnect from work, rest, and...
by Christine Moukazis | Dec 18, 2023 | Latest News
Lamborghini, the luxury automaker, has agreed with its union to adopt a four-day workweek for its production employees, a historic agreement that reduces hours without cutting wages. The deal between the Italian automaker and the union is the first agreement of its...
by Christine Moukazis | Dec 18, 2023 | Latest News
Adobe and Figma, the cloud-based design tool, will terminate their planned $20 billion merger in light of regulatory hurdles, the companies said Monday. In a statement, the two companies said, “there is no clear path to receive necessary regulatory approvals...
by Christine Moukazis | Dec 18, 2023 | Latest News
Citigroup told most of its employees that they can work remotely the final two weeks of December, CNBC has learned. Workers can log in remotely from anywhere in their country of employment from Monday to Dec. 29, a Friday, making this week the last in-person...
by Christine Moukazis | Dec 11, 2023 | Latest News
European Union policymakers agreed Friday on a comprehensive regulation for artificial intelligence, the AI Act. Why it matters: This makes the EU the first governing body to pass AI legislation of the sort. The big picture: “European policymakers focused on...
by Christine Moukazis | Dec 11, 2023 | Latest News
The truth comes out eventually—often in an exit interview, when well-meaning managers conduct surveys and ask all the tough questions now that there are no strings attached. This is a time for former employees to say how things really were. But why wait for that...
by Christine Moukazis | Dec 11, 2023 | Latest News
Mark Cuban. Billionaire entrepreneur, owner of the Dallas Mavericks, and one of the sharks on Shark Tank. He’s also a boss who has employees. Lots of them. And like all bosses, they look for good employees who’ll stick around. In Cuban’s case,...
by Christine Moukazis | Dec 11, 2023 | Latest News
State Street, the financial services company based in Boston, is laying off about 1,500 employees. Vice Chairman and Chief Financial Officer Eric Aboaf shared the news about “headcount reductions” last week at the Goldman Sachs US Financial Services...