by Jack Kelly | Jul 26, 2022 | Business
Michael Burry, the fund manager of “The Big Short” fame, accused the Biden administration of moving the goalposts on what constitutes a recession – and denying the US economy is days away from officially being in one. “The White House would...
by Jack Kelly | Jul 26, 2022 | Business
When Adam Ma, 38, landed his most recent job as an associate director of product development at Wayfair, a few months ago, he found precisely what he was looking for in a new job. And it wasn’t ping-pong tables and free popcorn. “First, more compensation. With...
by Jack Kelly | Jul 26, 2022 | Business
Generation Z is relatively new to the workforce, but is having an outsized impact on the preoccupations of many managers. The expectations of this generation—sometimes defined as anyone born 1997 onward—often loom large in conversations about the future of offices,...
by Jack Kelly | Jul 26, 2022 | Business
Sometimes, vacation isn’t all that restful — say, when the emails and Slack messages just keep coming, and you can’t help but look, or feel obligated to. Now, a few companies are offering a new perk to fight burnout and give employees a real break from their work:...
by Jack Kelly | Jul 26, 2022 | Business
Lowe’s is instituting a major change — a four-day workweek — as an antidote to what workers said were ever-shifting schedules that left them burnt out. Lowe’s adapting the four-day week for associates marks yet another major company to try the four-day workweek....
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 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...
