There has been much heated discussion over the hot job market—lengthy discourse around the war for talent and Great Resignation trends creating one of the wildest job markets we’ve ever seen. From the March and April 2020 depths of despair—as millions of Americans lost their jobs—it’s hard to wrap your mind around the fact that businesses now can’t find enough workers to meet the insatiable demands at their companies.
Could Elon Musk End World Hunger With 5 Billion? 5 Questions, Answered
Elon Musk hinted on October 31, 2021, perhaps jokingly, that he might be willing to donate $6 billion of his fortune to pay for hunger relief. But there was a catch: the United Nations would have to prove that it can solve world hunger “right now.” His comments responded to a challenge U.N. World Food Program director David Beasley lobbed at Jeff Bezos and Musk—to “step up now, on a one-time basis” to help solve world hunger.
Wendy’s Employee Says Staff Quit En Masse In Viral TikTok
In a TikTok that has now received over 1.5 million views, a former Wendy’s employee detailed the saga that he says led to him and 17 of his coworkers to quit on the same day, a trend becoming all-too-familiar as the Great Resignation continues to whittle down the workforce.
Morgan Stanley Boss To Young Bankers: You’re ‘Nuts’ If You’re Not In The Office
Young master of the universe-in-training without a spouse or kids? Get back to the office. That appears to be the common refrain of Morgan Stanley’s execs as the bank’s leaders continue to beat the drum to get people to return to in-person work. “If you’re 21 to 35, you are nuts not to be in the office all the time,” Chris O’Dea, a Morgan Stanley managing director, said on a conference call last week.
A New Bill Would Limit Employers’ Use Of A.I. Hiring Tools To Recruit New York City Applicants
Job candidates rarely know when hidden artificial intelligence tools are rejecting their resumes or analyzing their video interviews. But New York City residents could soon get more say over the computers making behind-the-scenes decisions about their careers.
U.S. Workers Are Realizing Life’s More Than Just a Job
If you’re the type of person who finds fulfillment and meaning from your job and can’t shut up about it at the bar, congrats, but it seems you’re among a dwindling minority. At least that’s the sense from a recent massive Pew survey which found a 7% decline in U.S. adults who said they derive meaning and purpose in life from their jobs. That’s down from 24% who said their occupation or career gave their life meaning in Pew’s previous 2017 survey.
CEOs Are Joining The ‘Great Resignation’
CEO turnover spiked in the first half of 2021, as companies tapped new talent to navigate the aftermath of the Covid-19 pandemic and stressed-out chief executives sought a career change, a study from recruiting firm Heidrick & Struggles found. The findings illustrate how CEOs are not immune to the exhaustion that has swept hundreds of millions of workers worldwide since the onset of the pandemic and has pushed many to consider a new job or lifestyle in a wave dubbed “The Great Resignation.”
Elon Musk Has Been In Hot Water With The SEC Over His Tesla Tweets—Now Tesla Has Hired A New Lawyer—From The SEC
Elon Musk has taken on a new tactic to tackle his run-ins with the Securities and Exchange Commission (SEC): If you can’t beat ‘em, hire ‘em. Musk’s EV company Tesla has hired David Misler, former trial attorney for the SEC and federal prosecutor in the fraud and public corruption section of the U.S. Department of Justice, as its new managing counsel.
Ripple CEO Confident About Beating SEC Charges
In an interview with CNBC, Ripple CEO Brad Garlinghouse stated that the questions being posed by the judge appointed for the case bode well for the San Francisco-based company, with a final ruling on the matter coming next year. “We’re seeing pretty good progress despite a slow-moving judicial process,” Garlinghouse stated. “Clearly we’re seeing good questions asked by the judge. And I think the judge realizes this is not just about Ripple, this will have broader implications.”