by Christine Moukazis | May 16, 2022 | Latest News
An internal memo distributed to Netflix employees advises them that if they are offended by the streamer’s “content breadth,” they should quit. The reference appears to be in response to Dave Chappelle’s controversial stand-up special, “The Closer,” which prompted...
by Christine Moukazis | May 16, 2022 | Latest News
Goldman Sachs emerged as one of the strongest advocates of a post-pandemic return to the office this year, but the fight for talent could be forcing the investment bank to reverse course and offer employees more time away from their desks instead. In an internal memo...
by Bhatt Unnati | May 12, 2022 | Business, Career Advice, Latest News
The workforce hasn’t yet seen the full scope and force of the Great Resignation – and even the most senior leaders of companies plan to leave their jobs soon, a new report from KellyOCG – the outsourcing and consulting group of global staffing provider Kelly, finds. ...
by Bhatt Unnati | May 12, 2022 | Career Advice, Latest News
It is no news that hiring right now is incredibly difficult. Labor shortages are widespread, young workers are expecting higher starting wages, and after employers hire and train a new employee, the risk that they will jump ship for a better paying job is rising...
by Bhatt Unnati | May 12, 2022 | Business, Latest News
In the last two weeks, Netflix, Meta, Robinhood and Uber all initiated hiring freezes or layoffs. Privately backed startups like Cameo and Mural laid off big chunks of their workforce. And Amazon, Alphabet and Apple joined Netflix and Meta with disappointing earnings...
by Bhatt Unnati | May 12, 2022 | Career Advice, Latest News
When Anthony was called into a meeting room at work, he expected the worst. Following a market downturn, lay-offs at his Hong Kong firm were imminent; the investment banker was aware his job was at risk. “Cuts were coming, but no one was sure if their job was on the...
by Bhatt Unnati | May 11, 2022 | Career Advice, Latest News
Inflation is a top concern for many Americans, and experts say it might be time to bring it up to negotiate a raise. The consumer price index, a broad-based measure of prices for goods and services, increased to 8.3% in April and remains at a nearly 40-year high,...
by Bhatt Unnati | May 11, 2022 | Latest News, Remote Work
Workers in the Big Apple are refusing to giving up the comforts of working from home, with just eight percent of the workforce back in the office five days a week, a new survey revealed. At least 28percent of Manhattan office employees have continued to work fully...
by Bhatt Unnati | May 11, 2022 | Business, Latest News
The automotive retailer Carvana Co. announced it will be laying off over 2,000 workers, about 12% of its workforce, in efforts to align expenses with sales. Following a $506 million loss in the first quarter, Carvana is cutting back on expenses — starting with staff....
by Bhatt Unnati | May 11, 2022 | Career Advice, Latest News
More than 4 million workers are quitting their jobs each month in the U.S. alone. One reason is that people are increasingly reexamining what they want out of their job and career. In an October 2021 Gartner survey of 3,515 employees, 65% reported that the pandemic...