After several major technology companies announced layoffs due to macroeconomic headwinds in the last few months, Google is now under the spotlight as news reports this week predict that the company will cut at least 10,000 jobs. The forecasts are based on a report from the Information, which said that under the Google Reviews and Development (GRAD) program, launched earlier this year, managers have been told to allocate a low performer rating to at least 6% of… Source link
Read More »Russia-Ukraine may stir dreaded ‘stagflation’ beast from slumber: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 23, 2022 The risks of oil zeroing in on $100 Believe it or not, the current Russia-dominated news cycle has at least a couple of bright spots. The good news is that geopolitical events, like the one that sent the S&P 500 Index reeling into correction territory on Tuesday, tend to move the market in decisive yet mercifully short… Source link
Read More »Google’s treatment of AI ethics researchers continues to stir up controversy – TechCrunch
You’ve landed on the web version of the weekly Human Capital newsletter. Sign up here to get this in your inbox every Friday at 1 p.m. Welcome back to Human Capital. A lot happened this week pertaining to on-demand companies like Uber, Postmates, DoorDash and Instacart, and their respective gig workforces. Meanwhile, New York’s attorney general hit Amazon with a lawsuit over its warehouse labor practices and Twitter made some new commitments to increase diversity at the leadership… Source link
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