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 | 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 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 10, 2022 | Business, Latest News
Amazon has fired two employees tied to an organizing campaign that resulted in the company’s first unionized warehouse in the U.S. Mat Cusick and Tristan Dutchin told CNBC they were fired by Amazon in recent days. Both Cusick and Dutchin have been working with the...
by Bhatt Unnati | May 10, 2022 | Business, Remote Work
Elon Musk took to Twitter on Friday to offer a sense of his vision for the social media platform, after the acquisition goes through, also offering a sense of what its employees can expect, with regard to work life under his leadership. Musk’s comments accompanied a...
by Bhatt Unnati | May 5, 2022 | Business, Latest News
Elon Musk is expected to serve as a temporary CEO of Twitter for a few months after he completes his $44 billion takeover of the social media company, sources told CNBC’s David Faber. An SEC filing on Thursday revealed Musk secured approximately $7.14 billion in...
by Bhatt Unnati | May 4, 2022 | Business, Latest News
Companies added far fewer jobs than expected in April as the struggle to find workers to fill open positions continued, payrolls processing firm ADP reported Wednesday. Private payrolls increased by just 247,000 for the month, well below the 390,000 Dow Jones...
by Bhatt Unnati | May 4, 2022 | Business, Latest News
Barring a messy, last-minute divorce, Elon Musk is on track to own Twitter (and yes, mea culpa). The mercurial, brilliant entrepreneur offloaded around $8.5 billion of Tesla stock this week as he prepared to pay for his $44 billion side project. And soon, he’ll be...
by Bhatt Unnati | May 3, 2022 | Business, Latest News
Twitter CEO Parag Agrawal fielded heated feedback from employees during a Friday meeting over Elon Musk’s recent purchase of the company, according to Reuters. The feedback came during an internal town hall, which Reuters gained access to. “I’m tired of hearing about...
by Bhatt Unnati | May 2, 2022 | Business, Latest News, Remote Work
In an open latter to CEO Tim Cook, the employees from the Apple Together group said the move back to in-person working would “change the makeup” of the workforce and would result in recruitment and staff retention relying on people’s personal...
