Happy And Succeeding In The Future Of Work
If Companies Follow The Lead Of Elon Musk And Mark Zuckerberg, Middle Managers Are The Next Layoff Victims
Middle managers are the next target in corporate layoffs. In an earnings call, Meta CEO Mark Zuckerberg pointed out the proliferation of managers within the organization, claiming it creates unnecessary bloat and spiraling costs. According to reporting by the Verge, Meta is making 2023 the “year of efficiency,” which is a socially acceptable term for getting rid of highly paid managers that have built up large fiefdoms without adding value.
If You Say These Things In An Interview, You Won’t Get The Job Offer
Traditional career advice generally focuses on what a candidate should say in an interview, but often leaves out what landmines and behaviors to avoid. To make a great first impression, there are certain taboos a job seeker should refrain from mentioning in their initial meeting with a prospective employer. Interviewers want candidates interested in the company and the job they applied for. As thousands of people have been laid off recently, hiring managers get that job hunters will shotgun their résumés everywhere to get a foot in the door. They may not care about the organization, its mission, corporate culture and products and services, but just want a job.
FTX Wants Politicians, PACs to Return Donations—And May Sue to Recover Funds
FTX told the political world Sunday the bankrupt crypto exchange wants its money back, after millions of dollars flowed into the hands of candidates and action committees under the direction of founder and former CEO Sam Bankman-Fried or others in his regime. FTX’s newly-appointed CEO John John Jay Ray III, who was installed to oversee the exchange’s Chapter 11 bankruptcy after it collapsed in November, had previously said that donations linked to the exchange should be returned.
Half Of Manhattan Workers Are Back In Offices, Study Finds
More and more Manhattan office workers now have at least one day where they absolutely cannot wear pajamas, a new study found. Roughly half — 52 percent — of Manhattan’s workers were in the office during the average workday as of late January, according to a Partnership for New York City survey. That number stood at 49 percent in September, another survey by the group found.
Study Finds Six-Figure Earners Also Living Paycheck-To-Paycheck
In 2022, the economy proved as volatile as ever, with less disposable income and greater unpredictability. According to the Bureau of Labor Statistics’ Consumer Price Index, inflation in the United States peaked at 9.1 percent in July 2022 and dropped to 7.1 percent by November 2022. A new study found that more people are having to spend all their income on necessities, and they are counting on their next salary to meet the costs they’ll incur until then.
Here’s Where The Jobs Are For January 2023
The U.S. economy added far more jobs than expected in January, boosted by a jump in leisure and hospitality employment. That one service sector saw an increase of 128,000 jobs in the month, led by 99,000 positions at restaurants and bars alone, the Bureau of Labor Statistics said in a report released Friday. Employment at hotels continued to rise, edging up 15,000 for the month. Still, employment in leisure and hospitality remained well below pre-Covid pandemic levels.
Where Will All The Laid-Off Tech Workers Go?
Tech layoffs have become a fact of life over the last year and especially so in the last few months, as tech firms big and small exact layoffs to reckon with their slowing growth after seeing record profits during the pandemic. What’s less certain is just where these tens of thousands of tech workers will go next.
Quiet Hiring: The New Trend In Talent Management
Quiet Hiring is rapidly gaining popularity for the numerous benefits it offers both employees and employers. Quiet Hiring refers to organizations filling skill gaps by empowering their existing employees to develop their careers and upskill or reskill, rather than hiring externally for those skills. This not only serves as a cost-cutting strategy, but it also allows employees to build meaningful careers within the organization which increases both retention and overall employer approval rates.
Book Jack Kelly As Your Next Keynote/Guest Speaker
Contact us if you would like to book Jack Kelly for your next in-person or virtual corporate event, seminar or conference.
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, as well as the host of Happy And Succeeding In The Future Of Work and cohost of the Blind Ambition podcast.