Tag: Employment
Robinhood CEO admits his RTO call was wrong and now says execs must be in the office 5 days a week: ‘Your manager is going through more pain than...
The peaceful days of fielding emails from the couch are coming to an end—at least for executives at Robinhood.
The CEO of the $100 billion...
A third of CEOs plan to axe jobs over the next year—and a majority now say they’ll pass on new tariff costs to their customers
American CEOs are feeling slightly more confident as they enter the second half of 2025—but not optimistic enough to grow their headcount as they...
AI-driven layoffs are on the rise as the job market shrinks for recent grads
No more new hires if AI can do the job.
That’s what Shopify CEO Tobi Lütke told staff in a memo earlier this year. And...
Gen Z is ditching college for ‘more secure’ trade jobs—but office admin jobs are still the safest bet for non-grads
Gen Z are ditching degrees in droves and landing trade jobs. They’re finding themselves in six-figure careers that tap into their desires for more...
Labor department’s data upset may have sealed the deal for a base rate cut
Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but last week’s revisions to...
North Korean IT worker infiltrations exploded 220% over the past 12 months, with GenAI weaponized at every stage of the hiring process
Terrifying new fronts have emerged in a highly successful employment- fraud scheme in which trained North Korean operatives get jobs at companies around the...
‘Draconian, unethical’ and ‘soul-killing’: Citi takes leaf out of Goldman’s loyalty oath playbook
Citigroup is hopping on the loyalty oath trend, asking its newest class of junior investment bankers to disclose whether they have accepted future job...
Porsche CEO seeks fresh cost cuts, warning business model ‘no longer works’ in post-Trump, new China world
Once the envy of the entire German auto industry, Porsche is drifting deeper and deeper into its biggest crisis in decades.
In a letter to...
Jensen Huang says AI isn’t likely to cause mass layoffs unless ‘the world runs out of ideas’
Jensen Huang is not an AI doomer, but he said developing tech could cause job losses if humans can’t come up with new ideas.
As...
Gen Z are ‘overemployed,’ holding down 5 jobs and earning over $3k a day—and it’s totally legal
As news of Soham Parekh, the software engineer who has been accused of working for several Silicon Valley startups at the same time, spreads...
