Happy And Succeeding In The Future Of Work
The Boom Times Are Over—Here’s What Will Happen Now
The party’s a blast until all of the alcohol and food are taken away and the music stops. This is where the United States is now. The Federal Reserve Bank tipped over the punch bowl. No longer will the U.S. have historically low inflation rates. Whether the U.S. is in a recession or not, it’s clear that Americans are in for a period of austerity. As this plays out, the dynamics between employees and employers will dramatically change. Companies will likely start clamping down and wielding their power.
How Elon’s Bizarre Twitter Takeover Saga Could Have Just Been A Cover For Him To Sell $8.5 Billion In Tesla Stock
Elon Musk on Friday announced he was backing out of his $44 billion Twitter acquisition bid, blaming the social media platform’s alleged lack of transparency regarding bots on the site. As both sides prepare for a lengthy court battle, some Twitter influencers are floating an alternate theory for the change of heart: The bots were never the problem, merely a vehicle through which to covertly sell Tesla options that were about to expire.
There’s Another Type Of Inflation To Be Concerned About: Corporate-Title Inflation
Businesses are now in cost-cutting mode. Corporate-title inflation has crept into the workplace and is rising precipitously. Layoffs, hiring freezes and concerns about a recession are spooking C-suite executives. In addition, they are worried about the Federal Reserve Bank raising interest rates, making it harder for companies to gain access to cheap capital as they did back in 2021.
What To Say In An Interview After Being Downsized Or Worried About Losing Your Job
Nearly 50,000 people, primarily in the tech space, have been laid off in 2022. This doesn’t include major corporations in other sectors. Inflation is out of control, prices are soaring and there is concern over being baited into a World War. Jeremy Siegel, a professor at the Wharton School of the University of Pennsylvania, said in a CNBC interview that the United States is already in a recession.
Google Reportedly Offers To Break Up Company To Fend Off Possible U.S. Antitrust Lawsuit
Google has reportedly proposed splitting parts of its business that auction and place ads on websites and apps into a separate entity under the Alphabet holding company. “We have been engaging constructively with regulators to address their concerns,” a Google spokesperson wrote in an email to Search & Performance Marketing Daily. “As we’ve said before, we have no plans to sell or exit this business, and we’re deeply committed to providing value to a wide array of publisher and advertiser partners in a highly competitive sector.”
Why Your Boss Is Burned Out And Looking For A New Job
It’s easy to lampoon your boss. Almost everyone complains about their manager saying they are terrible at their jobs, wonder how they got the position, and couldn’t care less about the workers. They are perceived as sucking up to senior leadership, taking credit for everything good, and quickly blaming the employees when things go wrong.
Actionable Advice For Young People Starting Out Their Careers
Without asking, parents, family, neighbors and everyone else will offer young adults their unsolicited opinions and advice about their job search and career. They mean well. Unfortunately, although their intentions are honorable, their guidance is sometimes questionable. Here is some contrarian takes on what people starting their careers should do. Be prepared; your parents and relatives may disagree.
Revolut Executive Resigns Amid Growing Tensions With Regulator
One of Revolut’s UK regulatory chiefs has stepped down from her role amid growing tensions between the fintech firm and the Financial Conduct Authority over its sluggish progress on towards a banking licence.
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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, as well as the host of Happy And Succeeding In The Future Of Work and cohost of the Blind Ambition podcast.