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☆ Elon Musk is being mocked by Meta's AI chief over attempts to recruit workers for xAI
▼ + stars: | 2024-05-27 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Meta's AI chief Yann LeCun mocked Elon Musk on X over his xAI recruitment drive. LeCun criticized Musk's AI predictions and claims of free speech absolutism. AdvertisementElon Musk is getting dragged by Meta's AI chief on his own platform. Yann LeCun, Meta's leading AI scientist, poked fun at Musk on X on Monday over his attempt to recruit AI workers for his $24 billion firm xAI. The pair have been embroiled in a fresh spat since Musk's xAI announced Sunday that it had raised $6 billion in a Series B funding round.

Persons: Yann LeCun, Elon Musk, LeCun, —, Musk's xAI, Musk, Elon Musk didn't Organizations: Service, Business, Twitter

Kyiv CNN —The air at the Ukrainian military recruitment office where a 30-year-old hairdresser is being interviewed is filled with anxiety. “The time has come,” he told CNN. “The desire to fight the enemy is very important, in addition to training, equipment and preparedness,” he told CNN. If shelling starts on the frontline, I think I will be confused and will only create problems for others,” he told CNN. Andrii Demchenko, the spokesperson for the Border Guard Service of Ukraine, told CNN his officers detain people trying to cross out of Ukraine on daily basis.

Persons: –, ”, baring, Yurii Sodol, Yaroslav Galas, Daria Tarasova, Volodymyr Zelensky’s, Ukrainian Armed Forces Oleksandr Syrskyi, Dmytro Kulibaba, Galas, “, Diego Herrera Carcedo, I’m, Ukraine doesn’t, ‘, ’, ” Galas, Andrii Demchenko Organizations: CNN, Da Vinci, Joint Forces, 128th Mountain Assault Brigade, People, Ukrainian Armed Forces, 114th Territorial Defense Brigade, Armed Forces, Getty, Border Guard Service of, Border Service Locations: Kyiv, Ukraine, Russian, Russia, Ukrainian, Avdiivka, Kreminna, Anadolu, Robotyno, Belarus, Donetsk Oblast, Europe, Border Guard Service of Ukraine, Romania, Hungary

☆ Cisco's AI-powered approach to hiring top talent is attracting 'quiet candidates' and making recruitment faster
▼ + stars: | 2024-05-23 | by ( Chris Stokel-Walker | ) www.businessinsider.com time to read: +5 min

It has started using AI to help improve recruitment outreach and the broader hiring process. This article is part of "CXO AI Playbook" — straight talk from business leaders on how they're testing and using AI. For "CXO AI Playbook," Business Insider takes a look at mini case studies about AI adoption across industries, company sizes, and technology DNA. Connecting with these so-called quiet candidates was an early use case for artificial intelligence at Cisco, Katsoudas said. Cisco is also using AI to schedule the interviews and meetings that follow.

Persons: —, We've, Francine Katsoudas, Katsoudas, Cisco Katsoudas, personalize, Zohra Yafai, we've Organizations: Cisco, Service Locations: San Jose , California

☆ India’s startups are creating more jobs, but more investments still needed to boost employment
▼ + stars: | 2024-05-23 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +1 min

India's startup ecosystem is poised for promising growth as the country works toward boosting economic growth and entrepreneurship — but more jobs are needed to combat high levels of unemployment. India's unemployment rate rose to 8.1% in April compared to 7.4% the previous month, according to the Centre for Monitoring Indian Economy. The number of startups in India jumped 37% in April compared to a year ago, leading to a 14% increase in the number of jobs from startups, latest employment trends data from Foundit showed. The report highlighted that the IT services sector had that most job opportunities, and more than 50% of new startup jobs were catered toward fresh university graduates. While India's push to be self-sufficient in manufacturing and IT is giving young people more career routes and choices, more needs to be done to combat India's high youth unemployment, Garisa said.

Persons: Chandra Garisa, Garisa Organizations: Centre, Monitoring, CNBC Locations: India, Foundit

☆ A British retail firm is revealing interview questions in advance to help make its hiring process fairer
▼ + stars: | 2024-05-22 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +1 min

Would you feel more prepared for job interviews if you knew which questions were going to be asked? John Lewis, a 160-year-old retail giant based in the U.K. with 80,000 employees, has revealed interview questions for job candidates on its website in advance to make the hiring process more equitable. Bullett explained that it will give candidates the opportunity to prepare and "confidently demonstrate what they can do." People are divided on whether this development is beneficial because there isn't a standardized process for interviews, Khyati Sundaram, CEO of recruitment platform Applied, told CNBC Make It. But she warned that revealing job interview questions in advance isn't a "silver bullet" and there are some caveats.

Persons: John Lewis, you've, Lorna Bullett, Bullett, Khyati Sundaram, Sundaram Organizations: John, CNBC

☆ He moderated r/Ukraine, shaping how the world sees the war. Now he has to fight in it.
▼ + stars: | 2024-05-21 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Read previewA man who spent two years moderating one of the internet's most influential sources of information on Ukraine is being called up to fight against Russia. Mykola Sokalskii, a 39-year-old film producer from Kyiv, started live-streaming on Reddit in 2020 after the pandemic began. Speaking to Business Insider, Sokalskii said the subreddit "skyrocketed" in popularity on Russia's full-scale invasion in 2022, swelling from 80,000 members to 906,000. "But that's just the way things are, and that's also the way you can portray war. Ukraine's parliament also passed a bill earlier this month that would allow the country's military to recruit prisoners to fight .

Persons: —, Mykola Sokalskii, Sokalskii, Sokalskii —, that's, Skolskii, he'd, Zelenskyy, Narciso Contreras Organizations: Service, Russia, Business, New York Times, 42th Brigade, Anadolu, Getty Locations: Ukraine, Kyiv, Russia, Germany, Ukraine's Donetsk Oblast

☆ Jamie Dimon says a BofA banker's untimely death sparked questions inside JPMorgan: 'What can we learn?'
▼ + stars: | 2024-05-20 | by ( Reed Alexander | ) www.businessinsider.com time to read: +5 min

At the time, Dimon said, the priority was to understand "what we do know, what can we learn from it." Dimon's comments come as the investment-banking industry grapples with the surprising deaths of not one but two deaths at BofA this month. "We're aware of these stories, and they are tragic and incredibly sad," Rohrbaugh continued, calling it the "job" of bank leaders to look after employees' health on the job. AdvertisementCurrent and former employees at BofA told Business Insider that 100-hour workweeks were not unusual at the bank. Earlier this month, a BofA spokesperson told BI of Lukenas' passing: "We are very saddened by the loss of our teammate.

Persons: Jamie Dimon, JPMorgan Chase, Leo Lukenas III, Robin Leopold, Dimon, Troy Rohrbaugh, Rohrbaugh, Lukenas, headhunter Douglas Walters, Adnan Deumic, cardigan, Reed Alexander Organizations: Service, JPMorgan, Bank of America, Business, New York, Medical, BofA, Reuters, GrayFox, Bloomberg, Wall Locations: America's, BofA, London

Read previewWall Street is investing big in artificial intelligence — and that's good news for machine-learning engineers and other tech talent. Hirsch said that investment banks are hiring AI engineers to build in-house tools that they can use "across their trading, research, and risk-management functions." The 8 banks reviewed are JPMorgan Chase, Bank of America, UBS, Citibank, Barclays, Deutsche Bank, Goldman Sachs, and Morgan Stanley. We pulled data for roles containing keywords like "AI," "data science," "machine learning," and "prompt." AdvertisementCheck out data-science and AI salaries for JPMorgan, Goldman Sachs, Citi, Bank of America, and other investment banks:

Persons: —, JPMorgan Chase, Jamie Dimon, Dimon, Gil Perez, Giancarlo Hirsch, Hirsch, Goldman Sachs, Morgan Stanley Organizations: Service, JPMorgan, Business, Deutsche Bank, Wall, of Foreign Labor, JPMorgan Chase, Bank of America, UBS, Citibank, Barclays, Department, Labor, Citi Locations: America

☆ A rural Kansas county wants remote workers to move there. It's giving new residents $4,500 cash, an internet stipend, and fresh eggs.
▼ + stars: | 2024-05-19 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Read previewLincoln County, Kansas is recruiting new residents. But local community leaders are hoping to attract remote workers and grow the local economy by offering new residents $4,500 cash, a $500 credit toward high-speed internet, a gym membership, and a monthly basket of farm-fresh eggs. These programs were launched in West Lafayette, Indiana; Ellsworth County, Kansas; Tulsa, Oklahoma; and more. To qualify, remote workers must be employed full-time, make at least $50,000 annually, and reside outside Kansas before moving. The program is marketed and monitored by Make My Move, an Indianapolis-based company that helps communities connect with remote workers through cash and perks.

Persons: —, Lincoln, Kelly Gourley, who'll, Gourley Organizations: Service, Business, Lincoln, Innovation Center, Innovation, Northwest Kansas Business, Economic Development Foundation, Kansas counties Locations: Lincoln County , Kansas, Wichita, West Lafayette , Indiana, Ellsworth County , Kansas, Tulsa , Oklahoma, Kansas, Indianapolis, Northwest Kansas, Northwest, Lincoln, Atlanta, Dallas, Memphis , Tennessee

☆ Russia is finally getting serious about its war, and it spells trouble for Ukraine
▼ + stars: | 2024-05-18 | by ( Jake Epstein | ) www.businessinsider.com time to read: +12 min

Much of the war in Ukraine has gone poorly for Russia. But Russian President Vladimir Putin's war machine looks very different today than it did at the start of the conflict. The Russian military continued to suffer from other problems in the first year of fighting, racking up troop and equipment losses while failing to capture significant amounts of Ukrainian territory. AdvertisementThe following month, a top US official and general said, respectively, that the Russian military was "almost completely reconstituted" and had "grown back" to its pre-war strength. The employment of glide bombs to support ground maneuver is the primary example of how Russia's military is successfully learning from its past shortcomings, Barros said.

Persons: —, Vladimir Putin's, Putin, Vladimir Putin, Miguel Diaz, Canel, Maxim Shemetov, George Barros, Russia's, Stringer, They've, Chris Cavoli, Andrei Belousov —, Sergei Shoigu, Barros, It's, Andrei Belousov, VYACHESLAV PROKOFYEV, Oleksandra Novosel, Biden, Sergey Pivovarov, Mick Ryan, Jack Watling Organizations: Service, Business, Cuban, Institute for, Ukraine, REUTERS, Allied, US European Command, Sputnik, Security, Defense, Getty, JSC, UA, PBC, 42nd Separate Mechanized Brigade, Russian, Kharkiv, Royal United Services Institute Locations: Russia, Moscow, Ukraine, Ukraine —, —, Russian, Kharkiv, Kherson, Robotyne, Ukraine's Zaporizhzhia, Soviet, Shevchenkivskyi, Avdiivka, Washington, Russia's Rostov, Australian, Kyiv

☆ BofA banker whose death shook Wall Street was looking for new job and willing to take a lower salary for better hours, recruiter says: report
▼ + stars: | 2024-05-16 | by ( Kelsey Vlamis | Reed Alexander | ) www.businessinsider.com time to read: +3 min

Related storiesA new report from Reuters released Wednesday raised more questions about the hours Lukenas may have been logging leading up to his untimely death. Walters said Lukenas told him he was putting in more than 100 hours a week at Bank of America. "He made a comment saying like, 'Hey, I'll trade hours of sleep for a 10% (pay) cut,'" Walters told Reuters. Walters said he told Lukenas that was excessive, even by Wall Street's standards. Prior to Lukenas' death, he had been participating on deal work related to UMB's $2 billion all-stock acquisition of Heartland Financial USA — a transaction that was announced in late April.

Persons: —, Wall, Leo Lukenas III, Lukenas, Douglas Walters, Walters, GrayFox Organizations: Service, of America, Army, Bank of America, Business, Reuters, New, Office, GrayFox, BI, Heartland Financial, Vets Locations: New York

☆ 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

☆ Wall Street internship guidebook: How to nail a summer analyst program — from the dress code to leaving with a full-time offer
▼ + stars: | 2024-05-16 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +2 min

Snagging a summer internship at a leading investment bank is not just a fun summer job — it's often the starting point for a career on Wall Street. Wall Street internships are not easy to land, as BI has previously reported. Goldman Sachs, for example, accepted just 1.5% of candidates into its 2022 summer internship class out of more than 236,000 applications worldwide. Interns who perform well tend to be offered a full-time job as an entry-level investment banker upon graduation. We have advice from executives at top firms like Goldman Sachs as well as former interns on how to prepare for and make the most of the Wall Street summer internship.

Persons: — it's, Steve Sibley, Ivy League university's, Goldman Sachs Organizations: Service, Indiana University's Kelley School of Business, Ivy League Locations: Snagging

☆ The US Army says it wants to recruit more psychological warfare 'nerds'
▼ + stars: | 2024-05-12 | by ( Cameron Manley | ) www.businessinsider.com time to read: +5 min

AdvertisementIn late 2021, the Army Special Operations Command leaders and special forces recruiters had a problem: they needed more enlistees for their Psychological Operations groups. Experts in persuasion and influence, psychological warfare, or PsyOp, soldiers don't often fit the stereotypical mold of an Army recruit. US Army via GettyThe video aims to recruit future PsyOps soldiers and show applicants what their jobs will entail." The US Ghost Army deceived the Germans using inflatable tanks, radio deception, disguises, and impersonations. This photo provided by the Ghost Army Legacy Project shows inflatable tanks in March, 1945.

Persons: —, they're, Steve Crowe Organizations: US Army, Service, Army Special Operations Command, Psychological Operations, Army, 8th Psychological Operations, Fort Liberty, Associated Press, US, Getty, Special Forces Recruiting Battalion, US Ghost Army, Ghost Army, National, AP Locations: Fort, Fort Liberty , North Carolina, China, Russia, Ukrainian, Crimea, Russian

☆ Saudi Arabia's Neom is looking to fill 262 job vacancies. The roles show just how futuristic the megacity could be.
▼ + stars: | 2024-05-12 | by ( Polly Thompson | ) www.businessinsider.com time to read: +7 min

Saudi Arabia's sprawling megacity, Neom, is billed as a chance to live in the "new future." AdvertisementOfficials say Neom will be a "cognitive city." The chosen candidate will control and operate the fish laboratory, ensuring high standards of fish welfare and supporting surveillance and investigation activities into fish health and disease control. Developers have said they want the island resort Sindalah to act as an "exclusive gateway to the stunning Red Sea." An image showing a nighttime view of mountains in the region in northwest Saudi Arabia where planners say Neom will be built.

Persons: —, Neom, Prince Mohammed bin Salman's, Neom's Organizations: Service, Tech, NEOM Community School Locations: Saudi, Saudi Arabia, Tabuk, Sindalah, Gulf, Aqaba, Neom, Oxagon

☆ The US Army's new plan to counter Russia and China has a glaring problem, experts say
▼ + stars: | 2024-05-11 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

The 2024 Army Force Structure Transformation would be the Army's fifth major reorganization since 2003. The most striking aspect of the Army's plan is the large number of new units, for counter-drone protection as well as air and missile defense. In addition, there would be nine counter-small UAS batteries tasked with destroying small drones, and four more Maneuver Short Range Air Defense (M-SHORAD) battalions to stop manned aircraft, helicopters and drones. Monica K. Guthrie/US ArmyThe Army is also basing its plans on untried weapons, such as the Long-Range Hypersonic Missile and air defense lasers. China and Russia have much stronger air and missile forces than the regional opponents the army has faced for the last generation."

Persons: Monica K, Mark Cancian, Cancian, Michael Peck Organizations: Service, US Army, 2024, Army, Business, Congressional Research Service, Congress, Air Defense, Domain, Forces, CRS, Special Operations Forces, Security Force, Guthrie, Energy, Center for Strategic, International Studies, US, Nuclear Forces, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, China, Soviet Union, Ukraine, Forbes

☆ In 1968, protests forced Columbia University to change graduation. Here’s what happened next.
▼ + stars: | 2024-05-11 | by ( Chelsea Bailey | ) edition.cnn.com time to read: +8 min

CNN —Columbia University’s graduating class of 1968 was no stranger to protests. Graffiti on a blackboard at some point after protests began on April 23, 1968 at Columbia University in New York. Activist Mark Rudd, center, president of Students for a Democratic Society, addresses students at Columbia University on May 3, 1968. Students supporting the Columbia University sit-in and counter-demonstrators engage in a short-lived free-for-all outside Low Library at Columbia University on April 29, 1968. Although it took Columbia University years to recover and reestablish trust between the administration and the student body, several key changes emerged after the 1968 protests.

Persons: Dr, Martin Luther King Jr, Grayson Kirk, John the Divine, Neal Boenzi, Kirk, ”, Mark Rudd, King’s, – Kirk, Richard Hofstadter, Hofstadter, ” Hofstadter, Stephen Smale, University's Organizations: CNN, Columbia, Cathedral, St, Columbia University, New York Times, US Marine Corps, Columbia Spectator, Democratic Society, Hulton, Institute for Defense, Spectator, Bettmann, Morningside, Sun, Hamilton Hall, Police, AP, New York City Police Department, Low Library, University Senate, University Locations: Vietnam, Gaza, New York, Columbia, Harlem, Morningside, Bettmann, Berkeley

☆ Work Culture in Norway: Strict Working Hours and No Online Shopping
▼ + stars: | 2024-05-10 | by ( Megan Carnegie | ) www.businessinsider.com time to read: +7 min

There's a mentality that you should strive to have a life outside work by working set hours and having boundaries. Deep work is the defaultAt work, Norwegians are working, and deep work is expected of everyone. I've set up my notification systems so that only important things come through outside work hours. Talking of work outside work is not taboo, but you don't want to be the guy who can't shut up about work. You get used to this dynamic where time is precious and hate it when someone's late outside work.

Persons: —, Sondre Kvam, Norway that's, they're, there's, I've, she's Organizations: Service, VR, Companies Locations: Norway, Norwegian, Oslo, Sweden

☆ Prisoners in Ukraine to be granted parole for military service
▼ + stars: | 2024-05-08 | by ( Radina Gigova | Olga Voitovych | ) edition.cnn.com time to read: +4 min

CNN —Some Ukrainian prisoners will be able to apply for early parole and join the army under a new law aimed at boosting Kyiv’s manpower in its fight against the Russian invasion. The new law requires that convicts join the military of their own free will. Those who leave the military before their contract is up face additional prison terms of between five and 10 years. Shuliak said those released on parole to serve would have the status of “military personnel,” and therefore be subject to the same restrictions governing their behaviour. Contracts can be terminated in some circumstances, such as ill health or if the former prisoner commits a new crime.

Persons: Volodymyr Zelensky, Kostiantyn, ”, Olena Shuliak, Shuliak Organizations: CNN, Russian, Verkhovna Rada, Organization of State Power, Self, Government, Regional, Urban, National Guard Locations: Russian, Ukraine, Russia

☆ These are the top business-development execs competing to hire elite portfolio managers at hedge fund giants Citadel, Millennium, Point72, and more
▼ + stars: | 2024-05-08 | by ( Alex Morrell | ) www.businessinsider.com time to read: +34 min

Unlike business development in corporate America, which focuses on growing a company's prospects with partners and clients, hedge fund BD teams specialize in scouting, evaluating, and wooing investment talent. AdvertisementFew have been involved in hedge fund BD longer than Jennifer Blake, Balyasny's global head. The fund's BD department remains in close contact with PMs after they join as a resource and advisor. Vernon Yuen/Getty Images$61 billion AUM2,200+ employeesAdvertisementKen Griffin's Citadel has outperformed not just its immediate rivals but every other hedge fund. He runs a team of about 20 as head of business development in the Americas, the largest region of the largest player in this space.

Persons: —, Griffin's, Izzy Englander's, Goldman Sachs, Headcount, execs, Dmitry Balyasny, Brendan McDermid, Jennifer Blake, Balyasny's, Morgan Stanley, Dmitri Balyasny's, Blake, it's, Federico Chavarria, Balyasny, Dave Matz, Smith Hanley, Alistair Jacobs, Dave Black, Peter Appel, Federico Chavarria MD, Andrew McHugh, Jules Biolsi, Michael Platt, he's, BlueCrest, Michael Grad, Grad, Jake Lindsay, Mungo Strachan, BlueCrest's, Brevan Howard Brevan Howard, Alan Howard, Ringo Chiu, Brevan Howard, Alan Howard's, Aran Landy, Brevan, Abu, It's, Landy, Howard, Peter Hornick, David Abbou, Jonathan Candy, Gregoire Vidal, Vidal, Tim Williams, Andy Silver, Gautam, Ken Griffin, Vernon Yuen, Ken Griffin's, Griffin, Matt Giannini, Giannini, headhunter, Matt, I've, — Thomas DeAngelis, Lindsay Previdi, Rice, Dore, Eleanor Sharkey, Melinda Urban, Mark Hansen, Julian Ulmer, Mathur, Adam Sharkie, Michael Page, Eisler, Edward Eisler, Sam Wisnia, Chris Milner, Milner, Hilary Curran, Hilary Curran Global, Rebecca Zisser, Michael Gelband, Hornick, Jeff Gelband, Mike Tiano, Eric Han, Garrett Berg, Liu, APAC Blackstone, Euan Shand, Kevin Carroll, Emily, Needham, Ostendorf, Ben Levine, Stefan Renold, LMR, Marcus Fairhurst, He'd, LMR's, Izzy, Ronda, Singh, Mark Meskin, Justin Gmelich, Steve Keller, Benjamin Williams, Madhvani, Paritosh Singh, Ben Williams, Kristina Tully, Steven Cohen, Point72, Shayanne, Steve Cohen's, Harry Schwefel, Chandler, Steve Cohen, JT Shields, They're, Schwefel, Alyssa Friedman —, Chandler Bocklage, Reid Murphy, Jae Yang, Japan Goldman Sachs, Alyssa Friedman, Jackie Dai, Gabriel Sanders, Ajay, Steven Schonfeld, Michael Nagle, Steve Schonfeld's, Ryan Tolkin, Schonfeld, doesn't, Akshay Aggarwal, Alex Burns, Ryan McCort, Colin Lancaster, Mitesh, Sameer Buch, Brittany Lynch, DMFI, Goldman, Verition, Nicholas Maounis, Josh Goldstein, Brian Townes, Townes, Elizabeth Xiang MD, Vir, Steve Satenstein, Chris Svoboda, Will England, Thomas DeAngelis, DeAngelis, Jonathan Brenner, hasn't, Maureen Reed, John Sullivan, Brenner, Walleye's Organizations: Service, Management, Wall, Business, Balyasny, Balyasny Asset Management, Quadra Advisors, SAC, Macquarie, BD, UBS, Grad, Financial Times, Michael, Lascaux, Howard BD, Brevan, Argentum Advisors, BH Digital, McKinsey & Company, JPMorgan, Ken Griffin's Citadel, Citadel, Citadel's, decamping, Chicago, Citadel BD, Walleye Capital, of Surveyor, Millennium, Capital, Credit, Ashler, Rice, Deutsche Bank, LMR Partners, London, Dore Partnership, Soros, Soros Fund, Ronda Churchill, Bloomberg, Getty, Guggenheim, Industry, MLP, Americas Guggenheim, Americas Citadel, SAC Capital, SEC, Point72 Academy, Citigroup, BD Energi, Japan, EMEA, APAC BNP, Schonfeld, PAAMCO, KKR, DMC Partners, Topwater, LinkedIn, New, New Holland Capital, BD —, Walleye, Lehman Brothers, Hutchin, Putnam Investments, ~$ Locations: America, Asia, Balyasny, Blackstone, New Holland, Abu Dhabi, BlueCrest, Europe, Graticule, ExodusPoint, Hornick, Freestone, New York, Schonfeld, Brevan, he's, Aberdeen, Hong Kong, Zurich, Glasgow, Dubai, Americas, Point72, quant, Verition, London, Greenland, Minnesota, Citadel

☆ This is what one of Facebook's first employees says he learned working for Mark Zuckerberg before getting fired 9 months in
▼ + stars: | 2024-05-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewNoah Kagan, an early Facebook employee, may have worked for Mark Zuckerberg for only nine months, but he says the brief stint taught him a lot about Zuckerberg's management style. Then I got fired," Kagan wrote in an X post on Tuesday before launching into what he said were the "10 non-obvious lessons" he picked up from Zuckerberg. Kagan joined Facebook as a product manager in 2005, the same year Zuckerberg dropped out of Harvard University to run the company full time. Representatives for Kagan and Zuckerberg didn't immediately respond to a request for comment from Business Insider sent outside regular business hours. Zuckerberg told employees in January 2023: "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work."

Persons: —, Noah Kagan, Mark Zuckerberg, Kagan, Zuckerberg, uPGrc5aq6V — Noah Kagan, Mark, he's, Zuckerberg didn't, Meta Organizations: Service, Facebook, Zuckerberg, Business, Harvard University, Harvard, LinkedIn, Business Insider, Meta

☆ 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

☆ Top New York official asks Best Buy about its commitment to LGBTQ groups after conservative pressure
▼ + stars: | 2024-05-02 | by ( Matt Lavietes | Brooke Sopelsa | ) www.cnbc.com time to read: +8 min

The New York state comptroller sent a letter to Best Buy last week questioning whether the company changed its commitment to inclusivity and supporting LGBTQ groups. The comptroller's office manages the state's $207 billion public pension fund, which has invested in Best Buy. He also denied that the NCPPR pressured Best Buy to stop supporting LGBTQ groups in general. "This contentious and vast disagreement between radical gender theory activists and the general public has nothing to do with Best Buy selling electronics." Peck did not ask Best Buy to stop its donations to the HRC, saying in the email, "We understand that it's unrealistic for Best Buy to leave HRC in the near future because of their political clout."

Persons: Thomas DiNapoli, Corie, Barry, J, Patrick Doyle, DiNapoli, Scott Shepard, Shepard, Trevor, Carly Charlson, Charlson, Eric Bloem, Bloem, Ethan Peck, Peck, Marina Rizzo, hadn't, Rizzo Organizations: NBC News, Securities, Exchange Commission, National Center for Public Policy Research, Best, NBC, NCPPR's Free Enterprise, SAGE, GLAAD, Human Rights, SEC, NCPPR's Free Enterprise Institute, HRC, PRIDE Locations: York, States

☆ Army National Guard hasn't paid out enlistment bonuses to thousands of soldiers, alarming House lawmakers
▼ + stars: | 2024-05-02 | by ( Steve Beynon | ) www.businessinsider.com time to read: +5 min

House lawmakers criticized the National Guard over enlistment bonuses owed to more than 13,000 soldiers. AdvertisementA bipartisan group of House lawmakers is demanding answers from the Army National Guard on its plans to pay delinquent enlistment bonuses to the thousands of soldiers who are owed. A US soldier with the Oklahoma National Guard stands watch along a perimeter fence near the US Capitol in Washington, DC. US Army National Guard photo by Sgt. AdvertisementThe backlog was particularly inflamed by two 10-month outages of the Army National Guard Incentive Management System, or GIMS, which manages bonuses.

Persons: —, Daniel Hokanson, Ruben Gallego, Mike Waltz, Trent Kelly, they're, Thomas Alvarez, It's, isn't, Anthony Jones, Kelly, Hanna Smith Organizations: National Guard, Service, Army National Guard, Guard's, Democrat, Florida Republican, Republican, Guard, Idaho National Guard, Operation Spartan, US, Oklahoma National Guard, US Army National Guard, National Guard Bureau, US Army, Air National Guardsmen, Civil Disturbance Unit, Capitol Police, US Air National Guard, Staff, Army National Guard Incentive Management Locations: Arizona, Florida, Mississippi, Asia, Washington , DC

☆ College students desperate for jobs are getting scammed online by criminals posing as tech recruiters
▼ + stars: | 2024-05-01 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +4 min

College students are increasingly targeted by job recruitment scammers, the FTC warned. Scammers use fake listings and pose as recruiters to steal money and identities. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. But they can also target a college student's identity or bank information. AdvertisementThe Wall Street Journal recently interviewed students who had encountered scammers during their job hunts.

Persons: —, scammers, Murray Organizations: FTC, Service, Street, Microsoft, Murray Resources Locations: Houston

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