hiring

The United States is bracing for a potential acceleration in inflation, with a significant depreciation of the dollar now identified as a key contributing factor, according to a new analysis by Torsten Sløk, the chief economist at Apollo. What Happened: As per Sløk’s analysis, a 10%...

A top-ranking executive at Meta Platforms Inc. has leveled accusations of dishonesty against Sam Altman, the leader of OpenAI. What Happened: The allegations pertain to claims of $100 million signing bonuses offered by Meta to lure leading AI researchers away from OpenAI. Andrew Bosworth,...

April’s better-than-expected job openings data hinted that businesses were looking past the tariff-induced tension. However, the Bureau of Labor Statistics (BLS) called it "little changed" as analysts assessed its impact on the stock market. What Happened: Job openings rose to 7.391 million...

Meta Platforms Inc. (NASDAQ:META) is said to be maintaining a clandestine ‘do not rehire’ list of its former employees, who are barred from rejoining the company, irrespective of a vice president’s endorsement. What Happened: A recent report has revealed that a former engineer at ...

In the face of a predicted slowdown in retail sales growth this holiday season, Target Corp. (NYSE:TGT) has announced its intention to recruit approximately 100,000 seasonal employees. What Happened: Target’s hiring strategy is consistent with its approach over the last three years. This...

The unveiling of ChatGPT at the tail end of 2022 was a disruptive moment for the world of work. It was immediately clear AI holds massive potential for business, but what about the downsides?  When Goldman Sachs reported in March 2023 that AI could potentially lead to the automation of 300...

Tim Cook-led Apple Inc. (NASDAQ:AAPL) and Elon Musk's own company, Tesla Inc. (NASDAQ:TSLA) are skipping emails and hiring talent via direct messages on X, formerly Twitter. What Happened: Musk's attempts to turn X into the "everything app", including scouting talent and hiring them, seem to be...

Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms Inc. (NASDAQ:META) poach the most talent from other big tech companies, accounting for one out of every four employees at these two companies. What Happened: A new survey has shed light on just how intensely Google and Meta...

After facing discontinuation of services in its Indian operations and conducting multiple rounds of layoffs in 2022 continuing into 2023, global crypto exchange, Coinbase Global Inc (NASDAQ: COIN) has now indicated signs of hiring in India for its product and tech roles. What Happened:...

Leading consulting firms globally, including McKinsey and BCG, have decided to maintain their starting salaries for new graduates at 2023 levels in the U.S., a shift from the previous trend of increasing wages. This change comes as competition for jobs becomes more intense. This...

Alibaba’s Taotian Group, part of its retail platforms, has announced a significant recruitment drive targeting fresh graduates, Business Insider reports. The company has listed over 2,000 job positions across cities like Beijing, Shanghai and Hangzhou. These roles span various sectors,...

Tesla Inc (NASDAQ: TSLA) is recruiting temporary workers for a three-month test-driving program for their electric vehicles.  What Happened: Vehicle operators will be responsible for gathering valuable data on the performance of Tesla's systems, per a job listing. For the temporary...

The latest U.S. labor market report showed a remarkable rise in non-farm payrolls in May, with a surprising gain of 339,000. This marks the strongest pace of employment growth since January 2023. This surprising jump also bucked projections of a decline in job growth to 180-190,000...

Several big tech firms laid off workers earlier this year and Microsoft Corp (NASDAQ: MSFT) was one of them, cutting 5% of its workforce in mid-January. The company also began slashing compensation offers, and probably for good reason. Data shows Microsoft flashed fat checks in the employees...

Tesla Inc. (NASDAQ: TSLA) has commenced recruitment for Giga Mexico, the EV giant’s latest flagship Gigafactory in Nuevo Leon. What Happened: Job postings on Tesla’s career website showed the EV maker has commenced hiring for its new and upcoming Mexico Gigafactory. See Also: Best...