Happy And Succeeding In The Future Of Work
U.S. White-Collar Remote Workers May Lose Their Jobs As Companies Hire Globally To Cut Costs
Remote workers may be at risk. Working from home became the norm during the pandemic. As the economy reopened, people demanded to continue working remotely, as it offers a better work-life balance. When micromanaging bosses called for staff to return to the office, workers pointed out the success of remote work. Productivity was at a high level, the economy held up well, stocks were flying, and plenty of jobs were available. By all accounts, employees put in longer hours during the week and worked weekends.
‘Quick Quitting’ Could Offer More Money And Faster Career Growth
Quick quitting is becoming a fast-growing trend, according to LinkedIn’s new Workforce Report. The data from LinkedIn indicates that workers in the United States are leaving their jobs after only being with the company for a short stint of time. Many are quitting in just under a year.
SEC Charges Kim Kardashian for Unlawfully Touting Crypto Security
The Securities and Exchange Commission today announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. Kardashian agreed to settle the charges, pay $1.26 million in penalties, disgorgement, and interest, and cooperate with the Commission’s ongoing investigation.
Ex-CEO of Bankrupt Crypto Lender Celsius Withdrew $10M Weeks Before Company Froze Customer Accounts
Alex Mashinsky, the embattled founder and former CEO of Celsius Network, removed $10 million from the now-bankrupt crypto lender weeks before Celsius halted customer withdrawals in June, the Financial Times reported, citing unnamed sources.
Americans Are Suffering From ‘Recession Fatigue,’ Report Finds
A recession is a very real possibility. As the Federal Reserve aggressively raises rates to combat persistent inflation, the tough stance could come at a price. Already, falling stock markets have wiped out more than $9 trillion in wealth from U.S. households. Fed Chairman Jerome Powell also warned the central bank’s upcoming moves to fight soaring prices may cause “some pain” ahead.
JPMorgan Plans To Hire 2,000 Tech Workers By Year’s End
JPMorgan Chase & Co. is reportedly planning to add another 2,000 tech engineers to its payroll by the end of 2022 despite widespread concerns over the cooling global economy. Lori Beer, the megabank’s global chief information officer, told Reuters this week the firm is recruiting to fill a few thousand tech roles worldwide for positions in several areas, including data science and cybersecurity.
Tech Layoffs Afoot In San Francisco
Citing the unstable economy, Meta CEO Mark Zuckerberg announced a hiring freeze in an all-hands meeting last Thursday, and said that for the first time in its 18-year history, the company would look to reduce its staff in 2023, Bloomberg reported. The cuts will make Meta “somewhat smaller” by the end of next year. The downsize will be a result of letting roles go unfilled when people leave or by trying to “manage out people who aren’t succeeding,” Zuckerberg said, according to Bloomberg.
Tiktok failed to load.Enable 3rd party cookies or use another browser
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.