Happy And Succeeding In The Future Of Work
Instead Of Crying Crocodile Tears, CEOs Must Do These Things To Avoid Mass Layoffs
Last week, Braden Wallake, CEO of HyperSocial, a small marketing start-up, posted a picture of himself crying on LinkedIn, in response to having to downsize staff. Wallake wrote, “We just had to layoff a few of our employees.” He took full responsibility for his company’s downturn, “I’ve seen a lot of layoffs over the last few weeks on LinkedIn. Most of those are due to the economy, or whatever other reason. Ours? My fault. I made a decision in February and stuck with that decision for far too long.”
Whole Foods CEO Says ‘Socialists Are Taking Over’ In The U.S. And Young People In Liberal Cities ‘Don’t Seem Like They Want To Work’
Whole Foods CEO John Mackey said he feared “socialists are taking over” in the US and that young people “don’t seem like they want to work.” The cofounder of the supermarket chain made the statements in a podcast that was released on Wednesday with Reason magazine, a monthly libertarian publication. “They’re marching through institutions,” Mackey said in the interview in response to questions around the labor shortage and the influence of the pandemic on Whole Foods.
Google Executives Threaten Workers With Layoffs, Say ‘There Will Be Blood On The Streets’
Last month, Alphabet Inc announced a hiring freeze due to global economic uncertainty. According to a new Business Insider report, the company doesn’t seem to be rolling back the hiring freeze, and employees are jittery about the decision. Senior executives in the Google cloud sales department are telling their employees to shape up, warning that layoffs may occur if results don’t meet expectations, according to Business Insider.
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JPMorgan CEO Jamie Dimon Rips Remote Work And Zoom As ‘Management By Hollywood Squares’ And Says Returning To The Office Will Aid Diversity
JPMorgan Chase CEO Jamie Dimon blasted working from home and Zoom as “management by Hollywood Squares,” using the dated TV show reference on a call with the bank’s wealthy clients last week to reiterate his long-held preference that workers return to the office, Yahoo Finance reports.
Job Unhappiness Is At A Staggering All-Time High, According To Gallup
Despite fears of a recession, the U.S. remains in the midst of the Great Resignation with job dissatisfaction at an all-time high. The U.S. Department of Labor issued data in July confirming that the job market continues to be characterized by ample job opportunities and high levels of voluntary resignations, revealing that even after two years since the pandemic first began, millions of workers continue to leave their jobs each month.
Why Crypto Firms Should Embrace Regulations And Compliance
The crypto industry has come a long way since the launch of Bitcoin in 2009. From Bitcoin being criticized as a gimmick in the early days to crypto market surpassing US$3 trillion in value last November, there have been significant milestones reached in crypto with increased mainstream adoption — we have seen countries such as El Salvador and Central African Republic accepting Bitcoin as legal tender, luxury brands like Gucci and Balenciaga starting to take crypto payments, and the creation of new financial products around crypto such as Bitcoin futures.
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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.