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2 mins read
Even with a big rate cut, Big Tech will be cautious about another hiring spree
Businesses had to make difficult decisions to downsize after the pandemic – and "those battle wound…
Geoff Weiss
4 mins read
Love him or loathe him, Elon Musk is a champion of efficiency and could save the US government a fortune
Elon Musk will lead a new department to make the US government more efficient. He plans to cut spen…
PTI
2 mins read
Elon Musk is hiring for DOGE. Here's what he's looking for.
Elon Musk's Department of Government Efficiency seeks "Top 1%" talent to tackle government waste, d…
Grace Eliza Goodwin
4 mins read
Worries about the election could be cutting into some workers' productivity
Election stress can impact workers' productivity. One expert says managers should be sensitive to p…
Tim Paradis
2 mins read
Citadel Securities hires 20-year Microsoft vet in a new tech leadership role
Herb Sutter is a leading expert in C++, a critical coding language for the giant market maker.
Bianca Chan
5 mins read
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
The Federal Reserve cut interest rates by 25 basis points. But Trump's tariff proposals raise conce…
Dan DeFrancesco
3 mins read
Americans are probably getting another interest rate cut this week — just days after the election
It's likely that the Federal Reserve will cut interest rates by a quarter point on Thursday, closin…
Ayelet Sheffey,Madison Hoff
2 mins read
The good, bad, and ugly of life after rate cuts
The Fed won its fight with inflation, but there's still work to be done.
Dan DeFrancesco
3 mins read
Klarna only needs half its staff, because AI lets the buy-now-pay-later company 'do much more with less'
In May, the CEO said Klarna had saved millions by "spending less on photographers, image banks, and…
Lian Kit Wee
2 mins read
Netflix's new gaming chief shakes up the division with a hire from Epic and layoffs
Netflix's new games president, Alain Tascan, appointed Jeet Shroff in a VP role. The company also c…
Lucia Moses
4 mins read
Meta layoffs are the latest sign that constant job cuts are the new Big Tech normal
Recent layoffs at Meta point to a tech industry playbook of making recurring cutbacks. Yet these re…
Tim Paradis
1 min read
Dell's job cuts aren't over yet
The company said in an SEC filing on Tuesday that it plans to limit external hiring and reorganize …
Nora Redmond
2 mins read
$3 billion startup Sword Health cuts some physical therapists as it ramps up AI to treat more patients
Sword Health is trying to use AI to get its physical therapists to treat more patients, according t…
Rebecca Torrence
2 mins read
AI is coming for Wall Street: Banks are reportedly weighing cutting analyst hiring by two-thirds
"The easy idea is you just replace juniors with an AI tool," a Deutsche Bank chief strategy officer…
Jennifer Sor
4 mins read
AI is the latest job recruiter, and it could cut bias in hiring
Artificial intelligence can help us recruit and hire people across industries. It might be fairer t…
Tim Paradis
6 mins read
We heard from over 750 people who have recently struggled to find work. Here are their biggest frustrations with getting hired.
From recent high school graduates to retirees in their 70s, readers shared with BI their frustratio…
Noah Sheidlower,Jacob Zinkula…
2 mins read
Big 4 giant EY delayed start dates for some new hires for the 2nd consecutive year
EY said the deferred start dates for some new staff reflected "the current M&A environment and our …
Polly Thompson
2 mins read
Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says
"We see this weakening labor market dynamic across a number of different data points: low hiring ra…
Filip De Mott
2 mins read
Hiring activity up 12% in July, most sectors report double-digit growth, says a Naukri.com report
Most sectors reported healthy double digit growths, with pharma/biotech (26 %), FMCG (26 %), real e…
PTI
3 mins read
It'll be a while before you feel today's interest-rate cuts
The Federal Reserve finally cut interest rates, but it could take time to see the relief reflected …