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☆ 3 tips for writing an effective resume summary, says ex-Nvidia recruiter: 'Leave out the years of experience'
▼ + stars: | 2024-05-20 | by ( Gili Malinsky | ) www.cnbc.com time to read: 1 min

Former Google and Nvidia recruiter and current HR consultant Stefanie Fackrell knows how to write a resume that will catch hiring managers' eyes. Include a line at the top about what kind of work scenario you're looking for, for example: remote, hybrid, on-site. And before you even begin writing your resume, make sure to keep a separate list of your work accomplishments to cull from on a regular basis. Fackrell also has advice when it comes to writing your professional summary, or the section at the top of your resume that sums up your experience before you get into each specific title and your accomplishments within it. "I'm always impressed with people that can really package it very well," she says.

Persons: Stefanie Fackrell, Fackrell, I'm Organizations: Google, Nvidia

☆ 7 tips for looking for a job in government contracting, according to recruiters
▼ + stars: | 2024-05-19 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

Business Insider talked to three recruiters in the field to learn the best practices for getting a job in the industry. Make sure your clearances are up to dateMany government contracting roles require clearances, which can vary depending on the role and may also expire over time. Reach out to recruiters directlySince many government contracting opportunities have specific requirements, it can make a big difference to speak with a recruiter directly to find out what you need to do for that specific job. The site allows users to browse through thousands of open roles, many of which have contact info for recruiters. Grussendorf recommends reaching out to recruiters, talent acquisition at staffing agencies, or direct employers and telling them the job and salary range you're looking for to stay on their "candidate hot list."

Persons: —, Matt Grussendorf, Grussendorf, Lauren Irizarry, you've, Irizarry, it's, Quadesha Bynum, Bynum Organizations: Service, Business, Judge, —, Recruiting, Group, D.C, Employers Locations: Seattle, Southern California , Alabama, Denver

☆ 7 tips to help you get a job in government contracting, according to recruiters
▼ + stars: | 2024-05-19 | by ( Ana Altchek | ) www.businessinsider.com time to read: +7 min

While lower pay in government jobs is sometimes viewed as a drawback of the sector, contracting companies tend to pay better than the federal government, and opportunities in this field are also increasing. Business Insider talked to three recruiters in the field to learn the best practices for getting a job in the industry. Make sure your clearances are up to dateMany government contracting roles require clearances, which can vary depending on the role and may also expire over time. Reach out to recruiters directlySince many government contracting opportunities have specific requirements, it can make a big difference to speak with a recruiter directly to find out what you need to do for that specific job. The site allows users to browse through thousands of open roles, many of which have contact info for recruiters.

☆ Senior Google engineer's top career tips include 'do it, then do it right, then do it better'
▼ + stars: | 2024-05-18 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +4 min

Read previewAddy Osmani, a senior Google engineer, recently celebrated his 12th anniversary at the search giant and used the occasion to share his top career tips in a blog post. This story is available exclusively to Business Insider subscribers. Related storiesOsmani also encourages people to start by sharing the manta: "First do it, then do it right, then do it better." One CEO previously told Business Insider that communication was the most important skill that employees lacked. It can have drastic consequences: one HR VP previously told BI that burnout got so bad that she ended up being taken out of the office on a stretcher.

Persons: —, Addy, that's, Osmani, Mele Organizations: Service, Business, Osmani, Communication, Harvard

☆ Jobseekers and Recruiters Are Both Using AI in Hiring. It's Chaos.
▼ + stars: | 2024-05-16 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +11 min

They can now add AI recruiting systems to that pile. It turns hiring into a depersonalized process, it inundates hiring managers, and it reinforces weaknesses in the system it's designed to improve. AI is supposed to fix this mess, saving companies time and money by outsourcing even more of the hiring process to machine-learning algorithms. Platforms like LinkedIn and ZipRecruiter have started using generative AI to offer candidates personalized job recommendations and let recruiters generate listings in seconds. Several seasoned recruiters told me they hadn't incorporated AI into their workflow beyond auto-generating job descriptions and summarizing candidate calls.

Persons: Josh Holbrook, Holbrook, I've, Rik Mistry, Ian Siegel, —, ZipRecruiter, weren't, it's, Tatiana Becker, Becker, Pallavi Sinha, Sinha, Kerry McInerney, Danielle Caldwell, chatbot, Caldwell, Mclnerney, Peter Laughter, who's, Bonnie Dilber, Dilber, Aki Ito, Sandra Wachter, Wachter, David Francis Organizations: Business, Society for Human Resource Management, LinkedIn, Unilever, Google, BI, Microsoft, University of Cambridge, University of Sussex, Berkeley Haas Center for Equity, Gender, Leadership, Black, University of Oxford, IBM, Talent Tech Labs Locations: Alaska, HireVue, Humanly, Portland , Oregon, Zapier

☆ In-N-Out Burger is one of the 10 best-led companies in America, says new report—a workplace culture expert isn't surprised
▼ + stars: | 2024-05-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The In-n-Out logo is displayed on the front of an In-n-Out restaurant on October 28, 2021 in Pleasant Hill, California. The new ranking doesn't surprise LaShawn Davis, a leadership and workplace culture expert who founded and runs consulting firm The HR Plug. Davis has worked in human resources for more than a decade, and says it's clear why In-N-Out Burger rivals those tech companies when it comes to leadership and culture. "It starts with the CEO," Davis tells CNBC Make It. In-N-Out's CEO is Linsi Snyder, 42, who took over her family's business at age 27 after a series of family deaths.

Persons: Burger, LaShawn Davis, Davis, Linsi Snyder, Snyder, NBC's, Lynsi Snyder, Lynsi Torres, Rod Association's Lucas, Bob Johnson, —, Forbes —, Daniel Zhao, who've, Zhao Organizations: Nvidia, CNBC Locations: Pleasant Hill , California, Burger, Redding , California

☆ Dell to start handing out red flags to staff who don't come to the office enough, and some employees feel 'tracked like kindergarteners'
▼ + stars: | 2024-05-15 | by ( Polly Thompson | ) www.businessinsider.com time to read: +8 min

Dell started monitoring attendance on May 6 and will make the data visible on each hybrid employee's profile on HR platform Workday this week. Dell's memo states: "As the next step in implementing our Hybrid Work Policy, we will track onsite presence using badge swipes for hybrid-designated team members." The color by their name will be considered for performance evaluations, rewards, and compensation, Dell told employees. Staff who opted to remain remote during the company's overhaul of its hybrid work policy, which was first announced in February, will not be monitored. AdvertisementDell's HQ in Round Rock Texas, where staff attendance will be monitored.

Persons: —, Michael Dell, Dell, Brandon Bell Organizations: Service, Business, Dell, Dell Technologies, Staff, BI, Google, Deutsche Bank Locations: Round Rock

☆ Only looking for remote jobs? Here’s how to include that on your resume
▼ + stars: | 2024-05-14 | by ( Gili Malinsky | ) www.cnbc.com time to read: 1 min

Post-pandemic, people are looking for all sorts of work arrangements. More than half, 54% of U.S. workers with remote-capable jobs have a hybrid work model, 27% work exclusively remote and 20% work on-site full time, according to Gallup. As a jobseeker, when you're writing your resume, you'll want to include your most relevant accomplishments and some keywords from the job description as they pertain to your experience. But you can also take your resume as an opportunity to let a prospective employer know if you want to work remote, on-site or hybrid. It's never too early to let a potential employer know what kind of work model you're looking for, says Stefanie Fackrell, an HR consultant who's worked in recruiting at companies like Google and Nvidia.

Persons: Stefanie Fackrell, who's Organizations: Gallup, Google, Nvidia

☆ 1 in 3 senior execs say a return-to-office mandate is pushing them to quit
▼ + stars: | 2024-05-14 | by ( Tim Paradis | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. That earlier survey also found that 19% of non-exec workers would likewise quit if forced to pick up their commute again. AdvertisementOgawa said the findings were also notable because high-up executives are often the people tasked with implementing RTO mandates. That's a big drop from a prior survey in 2023, when 62% of CEOs held that expectation. Advertisement"They might not be looking to retain folks who wouldn't want to come back to the office," she said.

Persons: —, they'd, Gartner, Caroline Ogawa, execs, Ogawa, That's, Paul Knopp, Erik Bernard, What's, RTO Gartner's Ogawa, we've Organizations: Service, Gartner, Business, KMPG, KPMG US Locations: IT, Australia

☆ The boss of a $3 billion software company slams RTO mandates, saying they rob workers of the sense of being adults
▼ + stars: | 2024-05-13 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

Sarah Franklin, CEO of HR software platform Lattice, is letting workers stay fully flexible. "The data is pretty clear that mandates don't increase productivity," Franklin told Fortune. While some tech companies are mandating workers back to the office, Franklin believes the future of work is hybrid. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . "The data is pretty clear that mandates don't increase productivity," Franklin told Fortune, "the focus for us at Lattice is carrot, not stick."

Persons: Sarah Franklin, Franklin, Fortune, — Organizations: Service, Big Tech

☆ Careers site Indeed to lay off 1,000 workers
▼ + stars: | 2024-05-13 | by ( Dominick Reuter | Alyshia Hull | ) www.businessinsider.com time to read: +2 min

Careers site Indeed will lay off roughly 1,000 employees, or 8% of its workforce. In a memo, CEO Chris Hyams said the company is profitable, but not set up for sustainable growth. Hyams said the cuts are more targeted than last year's across-the-board reduction of 2,200 workers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementCareers site Indeed says it will lay off roughly 1,000 employees as it looks to simplify its organization.

Persons: Chris Hyams, Hyams, —, Mark Zuckerberg's, " Hyams Organizations: Service, Business, Market, Facebook, Meta

☆ MDMA therapy could be legalized by summer. Why are so many advocates sounding the alarm?
▼ + stars: | 2024-05-13 | by ( Anna Silman | ) www.businessinsider.com time to read: +52 min

Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.

Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, —, Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper

☆ Tesla, Google, and Microsoft won't stop laying people off. Here's why that could backfire.
▼ + stars: | 2024-05-12 | by ( Tim Paradis | ) www.businessinsider.com time to read: +7 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The recent quip on Blind came from a worker at a large tech company commenting on word of more job cuts at Google. There's little doubt that for some tech workers, this gallows humor feels spot-on after waves of layoffs at some of the industry's biggest names — including Google, Microsoft, and Tesla. Elon Musk told staff last month that Tesla will lay off 10% of its workers. Advertisement"They think that their brand is bulletproof," Cascio said, referring to big-name tech companies.

Persons: —, Elon Musk, Tesla, Sundar Pichai, Pichai, Sandra Sucher, Harvard Business School who's, Wayne Cascio, who's, Cascio, Rich Otto, he'd, Harvard's Sucher, Zers, Caroline Ogawa, Ogawa, That's, Gartner's Ogawa Organizations: Service, Google, Microsoft, Tesla, Business, Bloomberg, Harvard Business School, University of Colorado, LinkedIn, Gartner, Social Locations: University of Colorado Denver, Silicon

☆ Goldman Sachs and American Express are among the leading companies for working parents in 2024, new study shows
▼ + stars: | 2024-05-10 | by ( Brandon Gomez | ) www.cnbc.com time to read: +3 min

With no federal oversight of workplace benefits like paid leave and caregiving policies, corporate leaders are being asked to take the lead. Goldman Sachs , American Express , Deckers Outdoor, S&P Global and Splunk are the top companies for parents in 2024, according to Just Capital's research. The "indirect costs" are the loss of productivity during an employee's leave, temporary replacement and cost of administering a paid leave program. "Paid parental leave is an expensive proposition," said Yvette Lee, an HR knowledge advisor at SHRM. Lee said the investment in paid parental leave and similar policies may make sense in the long run.

Persons: Alison, it's, Goldman Sachs, Lauren, Mario Washington, SHRM, Yvette Lee, Lee Organizations: Just Capital, CNBC, American Express, P, P Global, Society for Human Resource Management Locations: SHRM

☆ Barclays upgrades a little-known biotech stock that it says can more than double
▼ + stars: | 2024-05-10 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Barclays thinks Relay Therapeutics stock can benefit from progress in drug tests to get a proposed breast cancer treatment approved, boosting the stock. Relay stock has slumped 40% in 2024. "We believe the 2H update will help show the superior efficacy/safety profile for Relay's PI3Kalpha (RLY-2608) over existing PI3Kalpha inhibitors like alpelisib and inavolisib," Lawson said. Barclays sees a 70% chance of positive data emerging from an expanded Phase 1 study of RLY-2608 (+fulvestrant) in advanced HR+/HER2- breast cancer. That outcome, "all else equal, could potentially drive the stock up $5 while negative data could drive the stock down $2," the bank said.

Persons: Peter Lawson, Relay's, Lawson Organizations: Barclays, Therapeutics

☆ Tesla executive says he's resigned as recent layoffs hurt morale and throw the company 'out of balance'
▼ + stars: | 2024-05-09 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Rich Otto, former head of product launches at Tesla, said he resigned last week. The executive said the recent Tesla layoffs have thrown the company "out of balance." Otto's departure follows six other senior-level Tesla executives leaving in recent weeks. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The recent layoffs that are rocking the company and its morale have thrown this harmony out of balance and it's hard to see the long-game.

Persons: Rich Otto, —, Tesla, he'd, Otto, Elon Musk Organizations: Tesla, Service, LinkedIn

☆ Why Wall Street is transfixed by a BofA banker's untimely death
▼ + stars: | 2024-05-08 | by ( Reed Alexander | Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

The untimely death of a 35-year-old Bank of America associate has sparked a conversation across Wall Street over working conditions. "And to at least just start having those conversations as to how they can make junior bankers work life much better because it's been long overdue. At BofA, 100-plus hour weeks logged by junior bankers aren't unusual, said current and former employees, who questioned whether the firm's system for flagging excessive amounts of work was actually effective. But some junior bankers felt dismayed by an apparent lack of written communication from bank leaders about the incident, this person added. Crushing exhaustion, heightened demandsThe former BofA investment-banking analyst, who was not on Lukenas' team, quit in 2023 after two years.

Persons: Leo Lukenas III, BofA, Lukenas, it's, Goldman Sachs, Lukenas —, —, UMB, Christopher Perkins, Perkins, Les Lukenas, Green, Leo, Reed Alexander, Emmalyse Organizations: Service, of America, Wall, Army, Green Beret, Special Forces, Reuters, New York Office, Business, Bank of America, Investment, Goldman, Heartland Financial, Inc, FIG, Citigroup, Veterans, BI, LinkedIn, Green Berets, Army Special Forces Locations: BofA, London, Wall, ebrownstein@businessinsider.com

☆ Former students say a California school district 'ignored and concealed' sexual abuse
▼ + stars: | 2024-05-08 | by ( Matt Drange | ) www.businessinsider.com time to read: +14 min

Three former students have filed suit, saying a SoCal school district failed to protect them from "rampant" sexual abuse. AdvertisementA group of sexual abuse survivors have filed suit in Los Angeles Superior Court, saying their high school district failed to protect them from predatory teachers for years. Administrators failed to properly supervise employees, the lawsuit claims, and repeatedly "ignored and concealed the sexual abuse of minor students." "It's about protecting the interests of the school district over protecting children." After leaving a job as PE teacher in the Lake Washington School District outside of Seattle, Scott Nelson was coaching basketball in the Issaquah school district.

Persons: —, Clara, Wing Chan, Alex Rai, Jane Doe, Eduardo Escobar, Escobar, I've, Michael Carrillo, Carrillo, Mark Abramson, Edward Zuniga, Chan, Rai, Edwin Reyes Villegas, Villegas, David Pitts, Pitts, Cindy, Ross Perry, Pitts didn't, didn't, Kristy, Sofia Hernandez, EMUHSD, Lee, William Riddell, Riddell, Lee couldn't, they'd, Jason Miyares, Erin Sucher O'Grady, Sucher O'Grady, Tony Arnold, Eric Burgess, she'd, David Brobeck, Brobeck, he'd, Nicole Miller, Burgess, Scott Nelson, He'd, Nelson, Lax, Matt Drange Organizations: Business, Rosemead, Service, Los Angeles Superior Court, Southern, Los, Los Angeles County Sheriff's Department, El Monte Union High School District, Business Insider, LA County Probation Department, Gabrielino, Ceanothus, High School, Fairfax County Police, Virginia Attorney's, Virginia, Fairfax County Police Department, Clayton High School, Laguna Beach High School, Laguna Beach Unified School District, Associates, Lake Washington School District, Issaquah, of Education, Los Angeles County Sheriff's, Temple City Locations: Los Angeles, Southern California, LA, California, Loudoun County , Virginia, Spokespeople, Fairfax, Louis County , Missouri, Laguna, Rosemead, Seattle, Issaquah, Lake Washington, Temple

☆ A 78-year-old receptionist fired a month after she was recognized as a top employee wins $78,000 in age-discrimination settlement
▼ + stars: | 2024-05-07 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA retirement community in Columbus, Georgia, fired a 78-year-old receptionist because of her age shortly after she was taken to hospital with high blood pressure, a federal agency says. The worker, who had been a receptionist since 2007, was fired in February 2022, the EEOC said in the lawsuit. She was released two days later, the EEOC said, and doctors later told her it was the result of dehydration. AdvertisementThe Age Discrimination in Employment Act forbids age discrimination against people aged 40 or older, including in hiring and termination decisions.

Persons: —, BrightSpace, didn't, Brian Hendricks Organizations: Service, Retirement, US, Employment, Commission, Business, Employees, Covenant, CBS News, Bureau of Labor Statistics Locations: Columbus , Georgia, Louisiana

☆ Don’t forget to do this one thing before writing your resume, says ex-Nvidia recruiter
▼ + stars: | 2024-05-07 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

When you're writing your resume, you'll want to highlight your most relevant accomplishments to the role you're applying for. These will help prove to the employer that you have what it takes to succeed on the job. Then, "you need to think through your Rolodex of accomplishments" and pick out the most relevant ones, says Fackrell. 'Keep a running list of accomplishments'Fackrell recommends keeping "a running list of accomplishments" so you never forget how you've been able to contribute to your teams. "If you just want to have a list of accomplishments and then create your resume from that, I think that's great."

Persons: Stefanie Fackrell, who's, Fackrell, you've Organizations: Google, Nvidia

☆ Here are Monday's biggest analyst calls: Nvidia, Apple, Amazon, U.S. Steel, Micron, Disney, Citi & more
▼ + stars: | 2024-05-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are the biggest calls on Wall Street on Monday: Morgan Stanley initiates EHang Holdings as overweight Morgan Stanley said it's bullish on shares of the Asia autonomous aerial vehicle company. Morgan Stanley downgrades Victoria's Secret to underweight from equal weight Morgan Stanley said it sees "underappreciated downside" for the lingerie company. Citi downgrades Peloton to neutral from buy Citi said in its downgrade of the stock that it has "limited visibility." Morgan Stanley upgrades U.S. Steel to overweight from equal weight Morgan Stanley said in its upgrade of U.S. Steel that it likes the company's "transformational investments." Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's sticking with its overweight rating on Apple after analyzing the company's quarterly 10-Q report.

Persons: Morgan Stanley, it's, Baird, Morgan Stanley downgrades, Wells, Bausch, Lomb, Apple, Johnson, MLCO, Moffett, Melius, inferencing, JPMorgan Organizations: EHang Holdings, EH, Deutsche Bank, Disney, Deutsche, Micron, Citi, Comerica, CMA, Steel, U.S . Steel, Apple, Services, UBS, JCI, Barclays, Resorts, Nvidia, Broadcom, AMD, Microsoft, JPMorgan, Group, Bank of America, Santander Brasil, of America Locations: Asia, U.S

☆ More Americans are feeling a six-figure salary can't afford them a middle-class lifestyle
▼ + stars: | 2024-05-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at people who feel like a middle-class salary doesn't equal a middle-class lifestyle . The big storyMiddle-class meltdownMichael Raines"Lately, I'm getting the feeling that I came in at the end. AdvertisementBusiness Insider's Jennifer Sor has a report on the people making over six figures who think the middle-class lifestyle they dreamed of isn't realistic for their salary . AdvertisementMarco Bottigelli/Getty, Yevgen Romanenko/Getty, Maskot/Getty, Tyler Le/BILet's address the elephant in the room: A six-figure salary is still a lot of money. Words like "AI Infrastructure" and "generative AI" point to more money heading to Nvidia for its popular H100 GPU chip.

Persons: —, Michael Raines, I'm, It's, Tony Soprano bemoaned, Jennifer Sor, Vincent, it's, Marco Bottigelli, Yevgen Romanenko, Tyler Le, Jenny Chang, Rodriguez, Warren Buffett, Buffett, Shruti Gandhi, Dalton Caldwell, James Cham, Hemant Taneja, Jenny Lefcourt, Nick Little, Sam Altman, Alice Zhang, Serena Williams, Jack Dorsey, Dorsey, — Dorsey, Bluesky, Alyssa Powell, Katie Notopoulos, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, Business, Pew Research Center, nab, Adobe, Wall, Hamptons, Nvidia, Genomics, Serena Ventures, Fortune, Starbucks Locations: New York, Zillow, Santa Barbara , California, Berkshire, Bluesky, London, Chicago

☆ Workday Has Become the Most-Hated Workplace, Business Software
▼ + stars: | 2024-05-06 | by ( Matt Alston | ) www.businessinsider.com time to read: +13 min

Every HR professional and hiring manager I spoke with — whose lives are supposedly made easier by Workday — described Workday with a sense of cosmic exasperation. "Workday does not have oversight or control of our customers' job application processes.") If candidates hate Workday, if employees hate Workday, if HR people and managers processing and assessing those candidates and employees through Workday hate Workday — if Workday is the most annoying part of so many workers' workdays — how is Workday everywhere? (Workday's "customers choose the frequency at which they conduct reviews, not Workday," said the spokesperson.) "HR software sucking" is a big tent.

Persons: you'd, Workday's, —, David Duffield, Teladoc, UKG, Cory Doctorow, It's, He'd, Matt Alston's, Stone Organizations: Fortune, Netflix, Goodwill, Spotify, Washington Post, Ohio State University, FedEx, Nintendo, Honda, LinkedIn, IBM, Oracle, Bank of America, Automation, Rippling, Systems, Facebook, Wired Locations: San Francisco, Amazon's, It's, Bonusly, Maine

☆ The new power figures in hedge funds do not manage money
▼ + stars: | 2024-05-05 | by ( Matt Turner | ) www.businessinsider.com time to read: +4 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On the agenda:But first: Why Wall Street is so happy to see the job market slowing down. New data from Vanguard shows a two-tier job market: one divided between a blue-collar boom and a white-collar recession. Also read:AdvertisementiStock; Rebecca Zisser/BIThe portfolio-manager whisperersThe new power figures in hedge funds do not manage money.

Persons: —, it's, Brian Rose, It's, Christie Hemm, Jan Sramek, Goldman Sachs, Reid Hoffman, Marc Andreessen, Alyssa Powell, Stefano Spicca, Jenny Chang, Rodriguez, Rebecca Zisser, whisperers, Gates Organizations: Business, Service, Federal Reserve, Fed, UBS Global Wealth Management, Big, Silicon, California, Vanguard, Microsoft, Big Tech Locations: Austrian, Solano County, Napa, Sacramento, California, Silicon Valley, New York City

☆ The UK could need an Israeli-style Iron Dome air defense system, says former US national security advisor
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +5 min

Read previewFormer US National Security Advisor General HR McMaster has said the UK must prepare for possible future conflicts by building an Israeli-style Iron Dome air defense system. Indeed, the UK is considering developing its own Iron Dome air defense system amid growing tensions with Russia and its allies. The Israeli modelMissiles launched from the Iron Dome defense system attempt to intercept a rocket fired from Gaza strip. Related storiesIsrael's short-range Iron Dome is a mobile all-weather air defense system that has been in service since 2011. Aside from internal discussions on an Iron Dome, the UK is in talks to join Europe's aerial defense system.

Persons: —, McMaster, Adm, Sir Tony Radakin, Michael Clarke, Clarke, MAHMUD HAMS, Rishi Sunak, Israel, Aleksey Zhuravlyov, Putin, Vladimir Solovyov, I've, T6GN35UGtG — Anton Gerashchenko Organizations: Service, US National Security, McMaster, LBC, Business, Britain's Armed Forces, Iron, Getty, UK, Newsweek, Design, Sky, UK Ministry of Defense, NATO Locations: United Kingdom, United States, Israel, Russia, Europe, China, Iran, North Korea, Gaza, AFP, London, Ukraine, British, Russian, Baltic

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