Happy And Succeeding: For Those Who Have Blind Ambition To Achieve Great Things
Our Weekly Roundup
Tech CEO Applauds An Employee Selling Off Their Pet Dog To Accommodate Return-To-Office Push
Meet the new hero of hustle culture: James Clarke, CEO of Clearlink, a Utah-based digital marketing company. This champion of capital had his grindset on lock in a video call with employees last week. “I challenge any one of you to outwork me, but you won’t,” he told his staff in a virtual meeting meant to address a forced return-to-office for Clearlink workers living within 50 miles of the company headquarters, as first reported by Vice News.
SEC Chair Gensler Declines To Say If Ether Is A Security In Contentious Congressional Hearing
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler refused to say whether ether (ETH), the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday. Over the course of the marathon hearing, Gensler fended off questions about whether his agency was pushing too hard on proposed rules, providing too little time for public feedback on these rules, how it was approaching crypto companies hoping to operate in the U.S. and a host of noncrypto questions, including proposed disclosure requirements around climate change and audit trails.
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MillerKnoll CEO Sparks Backlash After Telling Employees To “Leave Pity City” Over Lack Of Bonuses
The CEO of a high-end office furniture company is sparking a backlash over a video in which she exhorts employees to “Leave Pity City” after some asked about staying motivated in the absence of a company bonus. Andi Owen, whose company MillerKnoll sells the iconic Herman Miller Aeron chair, along with other upscale furniture, responded in a 1 minute, 21-second video clip that some social media users blasted as “unhinged,” “nasty” and “toxic.” Owen make the remarks as part of a 75-minute online meeting with workers, according to Vice.
Taylor Swift Did Her Homework On FTX, Dodged A Bullet, Says Lawyer Suing Tom Brady, Shaq
Taylor Swift was one of the only celebrities who did their due diligence on crypto exchange FTX, according to the lawyer suing the now-bankrupt company’s celebrity promoters. Attorney Adam Moskowitz has gone after basketball legend Shaquille O’Neal, football star Tom Brady, “Seinfeld” creator Larry David and more than a dozen other FTX promoters in a class action lawsuit that accuses them of promoting the sale of unregistered securities.
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If You Answer ‘Yes’ To These Questions, It Is Time To Find A New Job
The current job market is not so great if you are a white-collar professional. The tech sector alone shed more than 170,000 jobs this year. The job loss contagion has spread across most industries. Many companies have put in place hiring freezes to curtail expenses. Summer is fast approaching, which is one of the slowest hiring seasons, due to vacations and a general slowdown in business activities.
Meta Lays Off Tech Teams, Battering Employee Morale: ‘Why Should We Stay At Meta?’
Meta Platforms Inc on Wednesday carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a “year of efficiency.” Meta in March became the first Big Tech company to announce a second round of mass layoffs, which it said would take place in three main batches over several months and impact 10,000 employees.
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As Fears Of Banking Crisis Surged, Members Of Congress Sold Bank Shares
On March 10, as fears were swirling over the health of the nation’s banks, an investment account belonging to the children of Rep. Jared Moskowitz, D-Fla., sold shares of Seacoast Banking Corp. worth $65,000 to $150,000. Two days later, with the government working to control the crisis, Moskowitz said in a television interview that he had attended a bipartisan congressional briefing on the tumult. And on March 13, as investors fretted over the failure of Silicon Valley Bank and two other, smaller banks, Seacoast Banking shares fell nearly 20%.
Disney Planning More Layoffs Next Week As It Aims To Slash 7,000 Jobs
Disney is reportedly planning thousands of job cuts next week, which will include slashing 15% of its entertainment division. According to Bloomberg, the cuts will impact several areas within the entertainment division such as TV, film, theme parks and corporate teams. Every region Disney operates will be affected, with impacted personnel notified as early as April 24, the report noted.
Coinbase Could Move Away From U.S. If No Regulatory Clarity: CEO Brian Armstrong
Coinbase (COIN) CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer. “Anything is on the table, including relocating or whatever is necessary” he said after former U.K. Chancellor George Osbourne asked whether he could see Coinbase leaving the U.S. at Fintech Week in London.
How To Give Your Two Weeks’ Notice Without Burning Bridges
You’ve accepted a new job, and you’re filled with anticipation. This new opportunity offers you a significant bump in pay, better benefits, a work-life balance and more room for growth. However, one task looms over your head like a dark rain cloud. You’ve cleared the background check for your new employer, and now has come the time to give your current boss your two weeks’ notice.
The Blind Ambition Podcast
The Blind Ambition with Jack Kelly provides a candid look into the top companies in business and tech. Go behind the scenes with industry and workplace leaders and explore work culture, what it takes to land a role at these companies, and how to build, scale and thrive in your career. Hosted by Jack Kelly and Rick Chen and presented by the professional social network Blind.
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Media Inquiry
Jack Kelly is available to discuss a broad range of topics, including, but not limited to: the job market, the state of recruiting, trending news stories and career advice. He has appeared on CNBC, MSNBC, NBC, FOX, CBS, BBC and NPR. Jack has been quoted in the the Wall Street Journal, Washington Post, Economist, INC., New York Post and more.
About Jack Kelly
Jack Kelly is the CEO, founder, and executive recruiter at one of the oldest and largest global search firms in his area of expertise. He has personally placed thousands of professionals with top-tier companies over the last 20-plus years. Jack is passionate about advocating for job seekers. In doing so, he founded a start-up company, WeCruitr, at the beginning of the Covid-19 pandemic. The mission of WeCruitr is to help people in need and make the job search more humane and enjoyable. As a proponent of career growth, Jack shares his insider interviewing tips and career advancement secrets as a Senior Contributor for Forbes. He also covers timely topics related to corporations, high-profile people, Wall Street, politics and other important matters. The pieces offer insight into the news and how it may impact your career. Jack is the author of Happy and Succeeding in Your Job Search and How To Get A Job In Tough Times, as well as the host of Happy And Succeeding In The Future Of Work and cohost of the Blind Ambition podcast.