Wall Street Has Been Quietly Cutting 20,000 Jobs In 2023
The top banks in the United States have been quietly cutting 20,000 employees throughout 2023, and more job losses are coming, according to CNBC. The layoffs on Wall Street are a worrisome sign of the continuing broader economic challenges facing the U.S. As the Federal Reserve raised interest rates and withdrew all quantitative easing policies to combat inflation, job losses were factored into the plan. Fed chair Jerome Powell acknowledged Americans would feel “some pain.”
How To Prepare For A Downturn In The White-Collar Job Market
When the economy is challenging, and you are trying to find a new job or advance within your company, you must actively prepare for the worst-case scenario. Taking proactive steps, such as learning new skills, working on your communication and soft skills, taking online learning courses, becoming the much-needed go-to person in the office and other related actions, will help you make it through tough times.
Over Half Of Employees Have No Idea How Their Companies Are Using AI
If AI is taking over the workplace, exactly how it’s doing that is still a mystery to the majority of workers. Over half of employees (54%) say they have no idea how their company is using AI, according to a new survey conducted by UKG, a human resources and workforce technology company. That’s despite the fact that the majority of C-suite leaders (78%) say that their company is using artificial intelligence today, according to UKG.
The Blind Ambition Podcast
The Blind Ambition with Jack Kelly provides a candid look into the top companies in business and tech. Go behind the scenes with industry and workplace leaders and explore work culture, what it takes to land a role at these companies, and how to build, scale and thrive in your career. Hosted by Jack Kelly and Rick Chen and presented by the professional social network Blind.
The Pros And Cons Of Including Your Address On Your Résumé
With communication about the hiring process primarily taking place through the exchanges of emails or telephone calls, your physical address is not a necessary component of your résumé. Job applicants can get away with simply providing the geographic region in which they reside, including the city and state, and their email address and phone number. Since your home address is sensitive data, you must carefully weigh the pros and cons of including it on your résumé, and only abide by what you are personally comfortable doing.
From The Jersey Shore To Silicon Valley: How Two Tech Companies Are Reimagining Recruiting, Job Descriptions And Interview Questions With AI
To many people, it might come as a surprise that southern New Jersey, located 15 miles west of the Jersey Shore beaches, boasts a top tech company. iCIMS—short for Internet Collaborative Information Management Systems—is a cloud-based human resources and recruiting software company that provides recruiting solutions to organizations. The company, founded in 2000 and headquartered at Bell Works in Holmdel, New Jersey, has around 1,4000 employees and a roster of top-tier clients, including Microsoft, Target, IBM, Tiffany & Company and Morgan Stanley.
What Is The Difference Between Blue-Collar And White-Collar Jobs?
“Blue-collar” and “white-collar” jobs are two distinct classifications of employment that differ in terms of the type of labor involved, the work setting and the level of education required. Blue-collar jobs tend to entail manual labor and working with hands and tools, while white-collar jobs comprise office, administrative and managerial work. Blue-collar work generally occurs in factories, warehouses, outdoors, construction sites and people’s homes, while white-collar workers are stationed at a desk.
Let's Go Live with Jack Kelly
Senior workers are experiencing the juniorization of jobs, erosion of middle management, relocation of jobs to lower-cost locations and an unconscious bias in the hiring process.
In this LinkedIn Live, I am joined by Manny Rivera, an accomplished CMO, who has worked at big companies like Salesforce, Aon, AstraZeneca, PepsiCo, Kodak and Coca-Cola, to discuss how older workers are facing ageism and being pushed out of the job market.
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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 and How To Get A Job In Tough Times, as well as the co-host of the Blind Ambition podcast.