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☆ Job anxiety is gripping the once-cushy Big Tech industry
▼ + stars: | 2024-02-18 | by ( Matt Turner | Jordan Parker Erb | ) www.businessinsider.com time to read: +4 min

On the agenda today:AdvertisementBut first: Job anxiety is gripping the once-cushy Big Tech industry . ReutersDispatchA Big Tech reckoningWondering what happened to the free lunches and merch in Big Tech? The acronym, which stands for Zero Interest Rate Phenomenon, has become Silicon Valley shorthand for a changed workplace. Whereas before Big Tech companies couldn't hire quick enough, now it's laser focused on reducing layers . AdvertisementBut amid increased competition, an end to cushy perks, and the risk that they might wake up one day to find their office badge no longer works, many working in Big Tech feel … well, a little less special .

Persons: Gen, Aki Ito, she'd, Gen Xers, David Vades Joseph, Rob Dobi, doomsayers, they're, Jake Epstein, Scott Stapp, Matt Turner, Dan DeFrancesco, Jordan Parker Erb Organizations: Business, Big Tech, Reuters, Microsoft, Meta, BI Boomers, US Navy, Navy, Phoenix Locations: Big Tech, Big, Red, New York

☆ Corporate America's loyalty problem is on display in Big Tech
▼ + stars: | 2024-01-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at how there's no more loyalty in corporate America between employers and their workers. Business Insider's Aki Ito, who has covered workplace trends better than anyone, dove into the deterioration of loyalty in corporate America. The best example of the deterioration of loyalty in corporate America these days is in Big Tech. AdvertisementOne year later, Big Tech's layoffs are back and could become the new normal, Business Insider's Peter Kafka writes. However, the best representation of the growing employee-employer chasm in Big Tech is at Google.

Persons: —, hustleharder, Insider's Aki Ito, they're, Insider's Peter Kafka, Kali Hays, BI's Eugene Kim, Ashley Stewart, Long, Sundar Pichai, BI's Hasan Chowdhury, Brian Moynihan, Moynihan, Laura Labovich, Asher, Emerson, Bill O'Leary, there's, Frederic J . Brown, haven't, Christian Dior, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb Organizations: Service, Big, Workers, Amazon MGM Studios, Big Tech, Google, OsakaWayne, Investment, New, Bank of America's, Fed, Washington, Getty, Meta, OpenAI Mafia, Shoppers, Spotify, Couture, United Airlines, The, Business Locations: America, Big Tech, Big, Bethesda, That's, Paris, New York, San Diego, London

☆ Employee burnout at AWS is reminiscent of another top firm's push to get bigger
▼ + stars: | 2023-11-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

AdvertisementIn today's big story, we're looking at the growing tension at AWS with rising employee burnout. Just like OpenAI's ChatGPT or Google's Bard, Amazon Q is a generative AI chatbot users can talk to like a human. Amazon Web Services, which developed Amazon Q, announced the new product under the fanfare of its annual event in Las Vegas, AWS re:Invent. Business Insider's Eugene Kim, our resident Amazon expert, has a report on the growing tension and burnout among AWS employees. Jon Krause for InsiderThe burnout at AWS reminds me of another company at the top of its field facing turmoil: Goldman Sachs.

Persons: —, you've, Taylor, Pena Popo, Noah Berger, Bard, Insider's Eugene Kim, ChatGPT, Jon Krause, Goldman Sachs, Goldman, David Solomon, haven't, BI's Dakin Campbell, Bethany McLean, Goldman aren't, Goldman's, Sylvain Gaboury, Patrick McMullan, Slaven, The New York Times Elon Musk, Tesla, They've, Joe Santagato, Elon Musk, Drazen, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Spotify, Getty, Web Services, Microsoft, Goldman, Slaven, The New York Times, Amazon, Business, American Express, Federal, Paris, Paralympic, Kroger, Dell Locations: Las Vegas, Austin , Texas, New York City, San Diego, London, New York

☆ Three Reasons to Take Social Security Early
▼ + stars: | 2023-11-14 | by ( Debbie Carlson | ) www.wsj.com time to read: 1 min

One financial planner says he has had clients claim Social Security early to fund long-term-care insurance. Illustration: Kiersten EssenpreisConventional wisdom holds that retirees are financially better off delaying their Social Security benefits to get a fatter payout. You can receive your full benefit once you reach full retirement age—around 66 or 67, depending on what year you were born. You can also start as early as 62, but that means a much smaller payout. The math is complex on how big the haircut is, but it can be roughly 30% annually for people who start at 62, versus waiting for full retirement age to receive full benefits.

Persons: Tim Steffen, Baird Organizations: Social, Security Locations: Milwaukee

☆ Startup workers are on edge
▼ + stars: | 2023-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at why startups that have navigated multiple rounds of layoffs have left their workers feeling defeated. It's a question more and more startup employees are contemplating amid a historic downturn in the industry coupled with a pullback in VC funding. But as Insider's Samantha Stokes and Madeline Renbarger detail, employees are on edge nowadays because of the threat of multiple layoffs in a short time. Why work for a corporate entity and be a cog in the wheel when you can get hands-on experience at a startup? AdvertisementAdvertisementiStock; Rebecca Zisser/InsiderBut just because layoffs are a necessary evil of the startup industry, that doesn't mean employees' concerns aren't warranted.

Persons: —, Jamie Dimon isn't, JPMorgan's Jamie Dimon isn't, Samantha Lee, Samantha Stokes, Madeline Renbarger, Samantha, Madeline they've, Rebecca Zisser, Severance, Jamie Dimon, David Rosenberg, Myriam, Airism, Arantza Pena Popo, Chris Rondeau, it's, Katy Perry, Pablo Picasso, Kiersten, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, What's, JPMorgan, EV, Microsoft, TikTok, IBM, Boeing, Meta, Mattel Locations: Southern California, New York City, San Diego, London, New York

☆ Goodreads for Movies? Where Insiders Go for Deep Dives on Films, Podcasts, and Even Wine
▼ + stars: | 2023-09-01 | by ( Lina Abascal | ) www.wsj.com time to read: 1 min

STARRY-EYED Though there are plenty of places to leave reviews online, some services let their users find communities of others who love the same things. Illustration: Kiersten EssenpreisYOU MIGHT HAVE tried Goodreads, the ratings and reviews app that has become an essential resource for readers who want to maintain a catalog of books they have finished and discover their next page-turner. But what if, instead of your next read, you’re looking for your next watch, listen or drink?

☆ Presupuesta cuánto gastar cuando sufras mal de amor
▼ + stars: | 2023-08-11 | by ( Lauren Larson | ) www.nytimes.com time to read: 1 min

Presupuesta cuánto gastar cuando sufras mal de amorEs probable que después de terminar una relación gastemos más. Entonces, ¿por qué no hacemos un presupuesto para no sufrir luego co las deudas? Share full articleCredit... Illustration by Kiersten Essenpreis

They fired their financial advisor and decided to manage their investments independently. "Investing in index funds had been around for decades but had been cast as a boring, predictable, and lazy approach to investing. While Julien's financial advisor wasn't intentionally malicious, Julien was shocked to learn that his financial advisor wasn't legally obligated to make recommendations in his best interest. That's index funds — kind of boring, but a safer place for your cash over the long run. "When you're investing in index funds, you're betting on the fact that overall a given index will continue to deliver favorable results," the couple writes.

But rental real estate isn't a part of their long-term plan. The couple also bought a move-in-ready condo in Marietta, Georgia, in 2014 for additional rental income. Below, the six reasons the Saunderses sold their properties, and why they're relieved they weren't landlords at the height of the pandemic. The couple soon started to notice that their creator income surpassed their income from rental properties. Seeing how much they could earn as creators, it just didn't make sense to keep pouring their energy into managing rental properties.

☆ Personal finance expert and 'Financial Grownups' podcast host Bobbi Rebell shares her top personal finance books for money security and preparing for retirement
▼ + stars: | 2022-09-24 | by ( Jennifer Streaks | ) www.businessinsider.com time to read: +6 min

Rebell, who has previously worked in various reporter roles, specializes in personal finance topics. "I was always fascinated with money — but from a personal finance perspective — so I took the leap to get into financial journalism," Rebell tells Insider. "I found that all of the financial news coverage focused on the economy and the stock market, but I knew there was a place for personal finance," Rebell says. "I was offered the opportunity to write a personal finance column and it really resonated with readers." Here are her four favorite personal finance books that will help you become a smarter investor.

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