You’ve probably heard of “quiet quitting,” the trend that saw employees doing the bare minimum of work and silently checking out of jobs they didn’t enjoy but financially needed. Then came “loud quitting,” which is essentially what it says: making a lot of noise about why they’re walking. But now, workers are so frustrated with
Workers are clinging to their jobs as they watch employers lay off staffers in droves. But unlike other leaders, Melanie Dulbecco, the CEO of flavored syrup giant Torani, doesn’t buy the idea that cutting employees is always necessary. “It’s very easy for us to say layoffs are not our approach. I think layoffs are a
It’s official: Tesla and SpaceX are in talks. Independent board members at the two Elon Musk-led companies have formed special committees to hash over a possible merger, Musk told investors during SpaceX’s third-quarter earnings call Tuesday. “These special committees consist of independent directors, and because I’m a conflicted party, I can’t actually be in the
Weight-loss drugs are becoming a popular employee perk, with almost a third of workers saying they’d switch jobs to get GLP-1 coverage. Now, Bank of America is spending $250 million or more yearly on the drugs for its staffers—and CEO Brian Moynihan says the upsides are well-worth the eye-watering cost. “What we see is a
You’re not imagining it. Getting a job right now really is harder than it used to be. That’s because Greenhouse CEO Daniel Chait has crunched the numbers on the job market, and they’re brutal: for every 10 open roles on his hiring platform alone, there are 2,539 applicants fighting over them. His advice for standing
Employees have long been sold the idea that working hard and outperforming their peers would lead to sizable pay hikes and title upgrades. But now, some companies are ditching merit-based wage bumps in favor of “peanut butter raises”—and it’s hurting employee morale. Around 36% of U.S. companies say they gave out standard, across-the-board pay increases
