by Christine Moukazis | Oct 3, 2022 | Latest News
Layoffs are in the air in San Francisco. What’s happening: Local tech companies — big and small — have announced staff reductions in recent weeks amid an uncertain economic landscape. Twilio and DocuSign, both publicly traded companies with around 7,500...
by Christine Moukazis | Oct 3, 2022 | Latest News
JPMorgan Chase & Co. is reportedly planning to add another 2,000 tech engineers to its payroll by the end of 2022 despite widespread concerns over the cooling global economy. Lori Beer, the megabank’s global chief information officer, told Reuters this week...
by Christine Moukazis | Oct 3, 2022 | Latest News
A recession is a very real possibility. As the Federal Reserve aggressively raises rates to combat persistent inflation, the tough stance could come at a price. Already, falling stock markets have wiped out more than $9 trillion in wealth from U.S. households. Fed...
by Christine Moukazis | Sep 26, 2022 | Latest News
For nearly two decades, top-tier tech companies like Google and Facebook (now Meta) were known for their rapid hiring, luxurious perks, and corporate cultures of abundance. But now, as rising inflation, the war in Ukraine, and other macroeconomic factors have caused...
by Christine Moukazis | Sep 26, 2022 | Latest News
Critics call it bossware. Technology used to surveil workers, already widely adopted in lower-wage industries, is growing popular in the white-collar world — managers track keystrokes, mouse clicks and even take screenshots of monitors. Why it matters: The uptick in...
by Christine Moukazis | Sep 26, 2022 | Latest News
If you’ve ever considered picking up and moving to an island, now might be the time to do it. The Italian island of Sardinia will pay you 15,000 euros, or $14,767.88, to move there. Why? Depopulation. Since so many young people are moving abroad for work, the...
by Christine Moukazis | Sep 19, 2022 | Latest News
A good deal of the American workforce feels uncomfortable sharing the state of their mental health with their bosses, according to a recent survey conducted by Modern Health and Forrester Consulting. Through an online survey, which began in June 2022, Forrester polled...
by Christine Moukazis | Sep 19, 2022 | Latest News
Despite a combination of inflation, the Fed’s interest rate hike, recent hiring freezes by IT giants and widespread layoffs in the tech sector, it would seem tech workers are pretty confident about their near term prospects. Over half (57.1%) of employees...
by Christine Moukazis | Sep 19, 2022 | Latest News
Jamie Dimon may have been off by a year, but New York City’s offices are finally starting to fill up. In May 2021, the JPMorgan chief executive predicted that the percentage of workers in offices in the city would be back to normal by the following fall. “Yes, the...
by Christine Moukazis | Sep 12, 2022 | Latest News
Mark Zuckerberg’s poor leadership skills are slowly dragging Meta toward failure, a Harvard expert says. Zuckerberg’s shortcomings as CEO are “continuing to derail” the tech giant formerly known as Facebook, according to Bill George, a senior fellow at Harvard...
