Happy And Succeeding In The Future Of Work
Don’t Panic: How To Protect Yourself From A Possible Recession
You may soon start hearing pundits talk about the dreaded term “recession.” It’s one of those words used by finance people that comes across as ominous and foreboding. When people discuss recessionary times, it conjures up fears of long lines at the gas station, a fading economy, high inflation, job losses and general malaise.
Career Experts Offer Advice For People Who Are Worried About Layoffs
An influx of companies is announcing layoffs and downsizing. The rationale for the decisions is due, in part, to economic and geopolitical events. There was a huge pent-up demand for workers once the economy reopened, along with a surge in spending as people left their homes to dine out, shop in stores, attend events and travel.
Is Tech’s Hot Job Market Flaming Out?
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 reports and corresponding stock sell-offs.
Stocks Drop As Inflation Worries Weigh On Markets
U.S. stocks dropped Thursday, extending a streak of volatility in a market driven by worries that the Federal Reserve will hamper growth in its effort to bring inflation under control.
The SEC Is Investigating Elon Musk Over His Late Disclosure That He Had Purchased Twitter Stock, A Report Says
The Securities and Exchange Commission (SEC) is investigating Elon Musk over his disclosure of buying up Twitter shares ahead of his announcement that he wanted to buy the company, The Wall Street Journal reports.
The Toxic ‘Cut-Throat’ Culture That Drives Out Workers
When Anthony was called into a meeting room at work, he expected the worst. Following a market downturn, lay-offs at his Hong Kong firm were imminent; the investment banker was aware his job was at risk. “Cuts were coming, but no one was sure if their job was on the line – it was a secret management kept from us.”
“Boss Loss” Is Looming: What Is It, And How Does It Impact The Future Of Work?
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.
The Key to Retaining Young Workers? Better Onboarding
It is no news that hiring right now is incredibly difficult. Labor shortages are widespread, young workers are expecting higher starting wages, and after employers hire and train a new employee, the risk that they will jump ship for a better paying job is rising fast. The cost of turnover is high, but it has always been higher than many employers realize and it’s probably bad for your firm’s bottom line.
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 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.