Tag Archives: felt

Alphabet CEO Sundar Pichai announced mass layoffs at Google on Friday.AP A laid-off Google engineer said his “spidey-senses” detected incoming job cuts at the company. Zac Bowling told Insider he’d been laid off before and was familiar with the build-up. He said Google’s severance email was “cold,” “faceless,” and made him feel “isolated.” A laid-off Google engineer said his “spidey-senses” detected incoming job cuts at the company — and the “cold” severance email that followed left him… Source link

The Federal Reserve reported financial well-being last year reached the highest levels since at least 2013, underscoring the impact of economic stimulus that also led, in part, to high inflation. About 78% of the roughly 11,000 households surveyed by the Fed reported either “doing okay” financially or “living comfortably,” the highest level seen since the Fed began the survey in 2013. The report noted that household strength was particularly high among parents, due in part to the 2021… Source link

As the Biden administration pitches its $2 trillion infrastructure proposal and the corporate tax hike that would fund it, Commerce Secretary Gina Raimondo has become the team’s unofficial CEO whisperer. Raimondo, a former Rhode Island governor who previously worked in venture capital, says she’s talked to “dozens and dozens of CEOs” about the proposal to raise the corporate tax rate from 21% to 28%. She says when all is said and done, corporate America might not be as universally… Source link