by Christine Moukazis | Jan 3, 2023 | Latest News
The Great Resignation is an economic trend we’ve seen throughout 2022. However, with an imminent recession, many have become worried about the future of hiring. Large, profitable tech companies have reported layoffs this year, with more job cuts expected. But although...
by Christine Moukazis | Dec 16, 2022 | Latest News
Goldman Sachs is planning to cut as many as 4,000 “low performing” staffers as it looks to shed costs during a profitability crunch, according to a report Friday. Top brass has reportedly asked managers to identify struggling employees for potential cuts, Semafor...
by Christine Moukazis | Dec 12, 2022 | Latest News
EY has told its US staff they will not be getting holiday bonuses this year, becoming the latest large firm in the financial and professional services sectors to signal a challenging economic outlook. The news was delivered on Friday in an all-hands meeting at the Big...
by Christine Moukazis | Dec 12, 2022 | Latest News
Apple will no longer bar employees from speaking out about workplace harassment and discrimination issues, as first reported by the Financial Times. The company shared the news following a review of Apple’s non-disclosure agreements (NDAs), which previously excluded...
by Christine Moukazis | Dec 12, 2022 | Latest News
A leaked email sent by Elon Musk to Twitter staff shows that he threatened to sue employees who leak confidential information to the media. Musk’s emails and other internal communications have repeatedly been leaked to media outlets since he bought the company...
by Christine Moukazis | Dec 9, 2022 | Latest News
The wave of tech layoffs this year is adding to shockwaves in the private markets, as many workers look to sell their company stock just as valuations are collapsing. Why it matters: Say goodbye to the golden age of employee stock options. This is part of a big...
by Christine Moukazis | Dec 9, 2022 | Latest News
Hundreds of journalists and other employees at The New York Times began a 24-hour walkout Thursday in what would be the first strike of its kind at the newspaper in more than 40 years. Newsroom employees and other members of The NewsGuild of New York say they are fed...
by Christine Moukazis | Dec 5, 2022 | Latest News
After two years of Covid-related cancellations and the desire of many companies to bring remote workers back together, the office party is staging a comeback. About 42% of companies say they are planning an in-person holiday party this year, up from just 13% a year...
by Christine Moukazis | Nov 28, 2022 | Latest News
We’ve heard of quiet quitting, the Great Resignation and seen the upheaval in a tight labor market during the pandemic. But digging deeper into the workforce psyche reveals a greater issue at hand. A new Workforce Institute at UKG survey based on 10 countries, shows...
by Christine Moukazis | Nov 28, 2022 | Latest News
The chief executive and other senior leaders at Adidas discussed the potential fallout from its relationship with Kanye West as far back as four years ago, according to a report from The Wall Street Journal. During a 2018 presentation to the Adidas executive board, a...
