DIRS.INFO The most relevant business & tech news

☆ Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how
▼ + stars: | 2024-11-16 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Now, ValueAct has engaged another titan of the market, Meta Platforms, announcing an approximately $1 billion dollar position in the company. With the stock price up about 56% in 2024, ValueAct still sees significant untapped value in Meta. ValueAct has shown at Microsoft and Salesforce that it is very good in helping companies trim fat and build muscle. The AI spending, while concerning to some in the market, can be the muscle that strengthens Meta's core FoA business. It should more than justify Meta's AI spend.

Persons: ValueAct, Mason Morfit, Mark Zuckerberg, OpenAI's GPT, Meta, Martha Stewart Living, Ken Squire Organizations: Reality Labs, Facebook, Microsoft, Meta, RL, Spotify, OpenAI, Adobe, New York Times, Expedia, Century Fox, KKR, 13D Locations: Salesforce

☆ What does work wellbeing have to do with business success? Everything, pretty much.
▼ + stars: | 2024-10-01 | by ( Sponsor Post | ) www.businessinsider.com time to read: +6 min

Indeed's new Work Wellbeing 100 demonstrates that companies with higher work wellbeing collectively outperform stock market benchmarks. Here's a quick overview of the Work Wellbeing 100 index, along with new data that shows the current state of wellbeing at work — plus strategies for what your company can do to improve its Work Wellbeing Score. Building upon this massive dataset — the world's largest study of work wellbeing — Indeed has collaborated with the University of Oxford to create The Work Wellbeing 100, an index of the top 100 publicly traded companies ranked by the Work Wellbeing Score. As detailed in Indeed's first-ever Global Work Wellbeing Report, only 22% of respondents say they're thriving at work, even though the benefits of work wellbeing are more apparent than ever. Discover your company's Work Wellbeing Score and explore strategies and resources from Lead with Indeed to enhance your wellbeing initiatives.

Persons: We've, —, Here's, Russell, Emmanuel De Neve, hasn't, LaFawn Davis, Davis Organizations: Delta Air Lines, Accenture, NIKE, University of Oxford, Nasdaq, Research, Insider Studios Locations: Oxford, Canada

☆ Why moves by Amazon and comments by Jamie Dimon don’t threaten an end to remote work benefits
▼ + stars: | 2024-09-25 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +4 min

But for two key reasons, these kinds of public proclamations don’t signal a broader demise of remote work benefits. Flex work options are too popular to ditchWhile an individual company may decide to backtrack on its remote work policies, the numbers suggest that’s not happening widely. Workplace consulting firm Gallup found in May that among full-time employees in remote-capable jobs, 53% work a hybrid schedule, 27% work exclusively remotely and 21% work on site. As of August 31, job postings on Indeed.com that specify hybrid and remote work have dipped a half percentage point year over year. It also found that HR leaders say hybrid work models help attract and retain talent.

Persons: Jamie Dimon, Andy Jassy’s, Jassy, ”, ’ ”, Chris Williams, “, ” Williams, Gallup, Nick Bunker, it’s, Williams Organizations: CNN, JPMorgan Chase, Microsoft, Board Locations: “, Seattle

☆ College AI degree programs are booming. Are they worth the cost?
▼ + stars: | 2024-03-02 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +3 min

Computer science is not a new major at top schools, but with AI jobs in high-demand, there's a growing list of colleges and universities offering a four-year "AI" degree specifically. These programs generally move beyond the foundations of computer science to home in on topics such as machine learning, computing algorithms, data analytics and advanced robotics. Purdue University offers an AI undergraduate major, while many colleges and universities offer AI classes within their computer science department, even if there's not a dedicated major. The rise of AI-specific degree programs comes as companies are short on talent for this fast-developing field. According to the Georgetown University Center for Security and Emerging Technology, AI degrees have bucked the general trend in education since 2011, with positive degree conferral growth versus negative growth across all degree areas.

Persons: Carnegie Mellon, there's, Kerem Koca, Maria Flynn, Jobs, master's Organizations: University of Pennsylvania, Artificial Intelligence, Carnegie, Purdue University, Georgetown University Center for Security, Emerging Technology

☆ 35-year-old's design side hustle brought in $414,000 last year—and she only works on it 5 to 10 hours a week
▼ + stars: | 2024-02-22 | by ( Mike Winters | ) www.cnbc.com time to read: +5 min

Last year, Chisom Okwulehie's architectural design business, Juntero, brought in $414,000 in revenue. While Juntero's first sales were mostly one-off graphic design gigs, the company soon attracted bigger projects, like floor plans for small businesses. By the end of 2021, Juntero had garnered $55,000 in revenue. Getting started: 'I've always been a hustler'In early 2021, Okwulehie had just given birth to her daughter and was looking to secure more income for her family. With Juntero, however, she's able to do more design work for residential projects.

Persons: Okwulehie, Juntero, I've, Chisom Okwulehie, Zach Green, John F Organizations: Port Authority of New, CNBC, Port Authority, Kennedy International Locations: Port Authority of New York, New Jersey, Cliffside Park , New Jersey, Upper Nyack , New York, New York, Harrison , New Jersey, China, Texas, Juntero

☆ Target fired me after I let a worker buy a Stanley cup. The emotional and financial toll have been severe.
▼ + stars: | 2024-02-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +6 min

Target fired me after I allowed one of my baristas to buy a Stanley x Starbucks cupI never even bought a Stanley cup for myself — I hate the cups if we're being honest. Getting fired emotionally destroyed me because I'd spent the past eight months putting all of my time and energy basically rebuilding the store’s entire Starbucks team. I would go on Indeed.com and apply for every single job that I qualify for — and jobs I was overqualified for. Now I'm going to look at every single job as a means to an end. I'm going to make sure I read every single page of that employee handbook, and if there's something I don't understand, I'm going to get clarification on it.

Persons: Nikcole Smith, I'd, I’ve, Burger King, I’d, I've, I'm, they've Organizations: Starbucks, Target, Stanley, Business, Medicaid, Walgreens Locations: Baltimore , Maryland, Indeed.com, Burger

The consulting firm offers a variety of services for mostly residential projects, including architectural and interior design. In 2023, Juntero worked with about 60 clients and brought in $414,000 in revenue — all while Okwulehie maintained her full-time job at Port Authority. Last year, Okwulehie earned a roughly $126,000 salary from Port Authority and paid herself $37,500 from Juntero. Zach Green | CNBC Make ItIn 2017, she took on the role of architect at Port Authority, working her way up to senior architect in 2022. "I still see myself working at Port Authority full-time," she says.

Persons: Chisom Okwulehie, Ikenna, Okwulehie, Zach Green, John F, Juntero, Perkins Eastman, Harrison, Slack, it's Organizations: CNBC, Port Authority of New, Port Authority, Kennedy International, Nigerian, Columbia University, San Francisco Bay Area, San Francisco High School of, Arts, University of Southern, New, San Francisco Airport, Amazon Prime, federal Public Service Locations: Port Authority of New York, New Jersey, Cliffside Park , New Jersey, Port, New York, Harrison , New Jersey, Juntero, New York City, San Francisco Bay, Harrison, University of Southern California, China, Texas, Upper Nyack , New York, United States

☆ What’s My D.E.I. Training?My Own Life.
▼ + stars: | 2024-02-04 | by ( Roxane Gay | ) www.nytimes.com time to read: +5 min

Would you tell us how you are prepared to work effectively with colleagues and external stakeholders from backgrounds that are different from your own, and to contribute to our commitment to D.E.I.? I am not comfortable disclosing personal information (such as a non-visible disability, background as an immigrant, queer identity, etc.). I commended their commitment to D.E.I., not least because of the range of expertise and complementary skills it brings together. Do some research about different ways to answer this question, and think through how you can answer them using your own voice and perspective. But if there is something worth preserving in this relationship, tell your friend how her comments make you feel.

Persons: ”, “, you’re, she’s, you’ll

A person walks on the day of the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 19, 2024. REUTERS/Denis Balibouse Denis Balibouse | ReutersThe 2024 World Economic Forum in Davos, Switzerland will wrap Friday. Here are some of takeaways from Davos after our week talking to business leaders and government officials at the conference. Experts see no U.S. recession in 2024Overwhelmingly, economic experts and executives privately said they don't expect a U.S. recession in 2024. China fighting for cashChina's Premier Li Qiang speaks during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024.

Persons: Denis Balibouse Denis Balibouse, –, —, Donald Trump, Andrew Ross Sorkin, Denis Balibouse, Wyclef Jean, Sam Altman, Altman, Li Qiang, Premier Li Qiang, it's, Li, Ian Bremmer, Bremmer, they're Organizations: Economic, REUTERS, U.S, The New York Times, Wipro, Artificial Intelligence, Reuters, Technology, Recruit Holdings, Premier, Eurasia Group Locations: Davos, Switzerland, Zurich, Swiss, takeaways, U.S, Israel, Gaza, China, India, Beijing

Bond yields fell, and traders of contracts tied to the Fed's policy rate now see only a 12% chance of a rate hike by January, down from 30% before the release of the employment report. Rate futures pricing now reflects a better-than-even chance of a Fed rate cut by May of 2024, with several more cuts expected later next year. U.S. central bankers themselves are not even thinking about rate cuts, Fed Chair Jerome Powell said this week after the Fed kept its benchmark overnight interest rate steady in the 5.25%-5.50% range. "Continued upward momentum would be troubling, and hopefully this recent rise levels off as the labor market recovery continues," said Indeed.com's Nick Bunker. Still for now, most of the worries about the labor market appear to be focused on what might, or might not, happen next rather than on the evidence so far.

Persons: Jerome Powell, Kevin Lamarque, nonfarm, Bond, Powell, Thomas Barkin, Barkin, Michael Feroli, Nick Bunker, Sharif, Julie Su, Ann Saphir, Shristi Achar, Tomasz Janowski, Christina Fincher, Paul Simao, Chris Reese Organizations: Federal, Committee, Federal Reserve, REUTERS, Labor Department, U.S, Fed, Reuters Graphics Reuters, Richmond Fed, CNBC, JPMorgan, Reuters Graphics, Labor, Thomson Locations: Washington , U.S

☆ Applying for too many jobs may keep you from getting hired. Avoid sending a ‘firehose of applications,’ economist warns
▼ + stars: | 2023-11-01 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

In this article ZIP Follow your favorite stocks CREATE FREE ACCOUNTFiladendron | E+ | Getty ImagesApplying to multiple job openings can increase your chances of landing a new gig. However, if you're thinking of sending out what one economist called a "firehose of applications" all at once and then just waiting for responses, think again. "The problem is that sometimes people take a college application approach to the job search," said Julia Pollak, chief economist at ZipRecruiter. 'Set a daily goal of a number of applications'There are more strategic ways to go about the job search and application process instead of applying to jobs on mass, according to experts. Julia Pollak chief economist at ZipRecruiter

Persons: Julia Pollak, Pollak, Nick Bunker, —, Gabrielle Davis Organizations: ZipRecruiter, Finance, Union, U.S . Department of Labor, ZipRecruiter Survey, New Locations: U.S

☆ Here are the best US cities for high-paying entry level jobs compared to the state average
▼ + stars: | 2023-07-31 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

The best US cities for high-paying entry-level jobs include Bozeman, Iowa, and Jackson. The average salary for entry-level roles in the US is $40,153, according to Indeed data. Around 87.7% of entry-level roles were above the average wage in Iowa City, Iowa; 84.8% in Jackson, Mississippi; and 83.1% in Kansas. The states that ranked highest for well-paid entry-level jobs were South Dakota, Montana, Idaho, and Iowa. They're in for a shock as entry-level jobs in the US pay $40,153 on average, according to Indeed.

Persons: Jackson, they'd, Resume.io Organizations: Service, Bureau of Labor Statistics, Washington, Iowa . College, Witch, CNBC Locations: Bozeman , Iowa, Wall, Silicon, Bozeman , Montana, Iowa City , Iowa, Jackson , Mississippi, Kansas . California, San Francisco, Oakland, DC, Honolulu, Hawaii, Virginia Beach , Virginia, South Dakota , Montana , Idaho, Iowa, California, Francisco

☆ Being CMO at Indeed is truly my dream job, and it's highly complex. Here are some of the ways I keep myself and my team on track
▼ + stars: | 2023-06-20 | by ( ) www.businessinsider.com time to read: +7 min

After a weird and winding career path, I finally landed my dream job as chief marketing officer at Indeed. The CMO role is demanding and requires that I stay on top of current events, technology, and our business needs. After running product marketing for a division of Apple, I moved on to lead various parts of B2B marketing for Facebook. Now I have my dream job; I'm CMO of Indeed, a leading matching and hiring platform. Our mission is to help people get jobs – and we do that all day, every day.

Persons: Roe, Wade Organizations: Apple, Facebook, Get, CMO Locations: North America, Covid, CFOs

☆ Indeed’s Price Changes Leave Small Businesses Feeling Burned
▼ + stars: | 2023-04-30 | by ( Ruth Simon | ) www.wsj.com time to read: 1 min

Vesper Lounge is owned by Bonanno Concepts, which said it cut spending on Indeed by roughly 90%, largely because of the new pricing strategy. Photo: Joni SchrantzThe largest job-search site has run afoul of the small-business community. Indeed.com began changing how it charged employers for connecting them with job seekers, pitching the shift as better for small businesses because they could choose which applications to review and pay only for the ones they liked. Instead it created confusion and unexpected costs for many business owners, and now the company is trying to minimize the fallout.

☆ 2023 layoff tracker: The latest on which companies have announced job cuts
▼ + stars: | 2023-04-25 | by ( Jennifer Korn | ) edition.cnn.com time to read: +20 min

New York CNN —BuzzFeed, Lyft, Whole Foods and Deloitte all recently announced layoffs affecting thousands of US workers. With 11,000 job cuts announced in November and the 10,000 announced in March, Meta’s headcount will fall to around 66,000 — a total reduction of about 25%. The company announced in January that it was eliminating some 18,000 positions as part of a major cost-cutting bid at the e-commerce giant. IndeedJob listing website Indeed.com announced cuts of approximately 2,200 employees, representing almost 15% of its total workforce, the company said in March. The cuts come after the company announced several rounds of job cuts throughout the pandemic due to falling demand, followed by rapid hiring last year.

☆ Employee surveillance is on the rise — and that could backfire on employers
▼ + stars: | 2023-04-24 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

[Employee surveillance] has increased excessively over the last few years … largely under the guise of ensuring workplace safety and confidentiality and protecting the business. It therefore comes as no surprise that demand for employee monitoring software has skyrocketed since the pandemic. Veriato is one of many employee monitoring software companies worldwide whose sales boomed because of the pandemic. When you're looking at your contract, you're not looking for those clauses — you're looking at how much am I going to get paid? "When you're looking at your contract, you're not looking for those clauses — you're looking at how much am I going to get paid?

☆ Bosses Want Workers in Offices So Much That They Are Paying to Move Them
▼ + stars: | 2023-04-17 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

Companies are bringing back relocation benefits, paying for workers to move across the country and around the world again, in a sign of how much bosses really do want workers back in the office. Job postings in the U.S. that mention relocation benefits were up nearly 75% as of February, the latest month available, when compared with the prior year, according to hiring platform Indeed.com. On ZipRecruiter , job ads that tout relocation money have more recently doubled to 3.8 million, after falling under two million in 2020.

☆ Bosses Pay Workers to Move Closer to Offices
▼ + stars: | 2023-04-17 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

☆ Junior doctor strike: Some of England's trainee doctors are paid less than fast-food workers. They've had enough
▼ + stars: | 2023-04-14 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

“For too long we have been undervalued,” Vivek Trivedi, co-chair of the BMA junior doctors committee, told a crowd of striking doctors Tuesday. It is difficult to compare the salaries of UK junior doctors with those of their international peers, said Lucina Rolewicz, a researcher at Nuffield Trust, a healthcare think-tank. Junior doctors make up nearly 40% of England’s NHS doctors, according to the confederation. But NHS junior doctors have been squeezed for well over a decade, says former radiologist Tania King-Mohammad. “[Junior doctors’] pay is not reflective of their education, dedication and commitment,” King-Mohammad said.

☆ Humanity has decided it can say 'no' to AI
▼ + stars: | 2023-04-01 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

The latest development in AI: humanity has decided it can say "no." Elon Musk was one of more than 1,000 people to sign an open letter calling for a six-month pause on advanced AI development. The letter cited several potential risks to humanity and society, including the spread of misinformation and automation of jobs. Bosses have forgotten how to say "good job" — and it's driving employees to quit. Big Tech's big downgrade.

☆ Knowing Everyone’s Salaries Can Light a Fire Under Workers
▼ + stars: | 2023-03-28 | by ( Courtney Vinopal | ) www.wsj.com time to read: 1 min

Increased pay transparency leads employees to work harder, as long as they believe the pay system is fair, according to several new studies. New laws mandating that pay ranges be included on job listings have gone into effect in recent months in New York City, California and other places. In states where there are no such laws, companies still have to contend with national job boards, such as Indeed.com, that often put their own salary estimates on job advertisements.

☆ A laid-off Indeed.com employee went on a 'final office snack run' and filled his tote back with chips and instant noodles on his way out
▼ + stars: | 2023-03-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

He filled up a black bag with an assortment of chips, instant noodles, and other snacks before exiting the office. Jobs portal Indeed.com laid off 2,200 employees, or 15% of its workforce last week. Despite Lee's choice of snacks in the video, he told Insider he prefers healthier snacking choices like nuts and dried fruits. "At the end of the day the snacks had to be cleared out so no harm was done," he told Insider. Indeed.com laid off about 90%, or over 200 employees in Singapore last Wednesday, the country's Business Times reported Friday.

☆ A laid-off Indeed.com employee went on a 'final office snack run' and filled his tote bag with chips and instant noodles on his way out
▼ + stars: | 2023-03-27 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

☆ Indeed to lay off 2,200 employees
▼ + stars: | 2023-03-22 | by ( Dayun Park | ) edition.cnn.com time to read: +2 min

CNN —Job listing website Indeed.com will cut approximately 2,200 employees, representing almost 15% of its total workforce, the company announced Wednesday. “The cuts come from nearly every team, function, level and region,” at the company, CEO Chris Hyams said in a memo released by the company. Within an hour after the memo was released, employees outside of the UK, Ireland, the Netherlands and Japan were expected to receive an email informing them of their status. Amazon CEO Andy Jassy announced that they will cut around 9,000 employees, primarily from Amazon Web Services, People Experience and Technology (PXT), advertising and Twitch. Meta also recently released its plan to cut 10,000 employees, on top of 11,000 layoffs announced last fall.

☆ The highest-paying college majors, top jobs in 2023 and who’s hiring right now
▼ + stars: | 2023-02-23 | by ( Cindy Perman | ) www.cnbc.com time to read: +9 min

Tech jobs are still hotOnce again, if you just followed the headlines (layoffs at Amazon, Google, Meta, Microsoft, etc.) Jobs in the sector ranked among the Best Jobs for 2023, according to job site Indeed.com: Full-stack developer Data engineer Cloud engineer Senior product manager Back-end developer Almost half, 44%, of the top 25 jobs on that list were tech jobs. "I'm sure there are plenty of unfilled positions for tech workers in financial services or state and local governments. Tech workers laid off by tech companies may end up there." *MINDBLOWN*), plus jobs where you're a top applicant and some jobs that you might have missed.

Search resuls for: "Indeed.com"

25 mentions found