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I once laid off one-third of the startup I had just helped to build. As a shrinking startup no longer needs to recruit, I administered the layoff as my last act and was laid off, in turn, the next day. AdvertisementThese days, we are seeing tons of layoffs, and good leaders need to be skilled at all parts of the layoff process for the sake of their team members and themselves. Most long-term leaders will go through several cycles of layoffs in their careers, and the best leaders recognize that layoffs are relatively common. I have made the call to lay off employees, and I have been laid off myself.
Persons: Goldman Sachs, Ethan Evans Organizations: Operations, Amazon
THESSALONIKI, Greece (AP) — Students occupying a law school during an exam period as a protest against government plans to allow private universities were removed from the building by police in northern Greece. A police statement said that the operation followed a request for assistance from university authorities in the town of Komotini. It said the protesters staging the occupation in the law school had prevented about 400 students due to take exams on Monday from entering the building, as well as university staff. The center-right government wants to legalize privately-run universities in a bill that is due to go before parliament this month. Leftist groups and students across Greece have staged a series of building occupations — preventing lectures and exams — and protests against the reform, some of which have turned violent.
Organizations: Locations: THESSALONIKI, Greece, Komotini, Thessaloniki
She gave Etsy another look because it had become a place where she could sell digital printables, meaning there was no need for inventory. Lam found an online Etsy course from a platform called Gold City Ventures and decided to sign up for it. Since 2022, she has sold over $34,000 Canadian dollars ($25,000) in digital printables, according to screenshots of her account viewed by Business Insider. In January 2022, Lam only made a net profit of CA$3.45. However, she began to design Valentine's Day printables that included religious scripture on them, and those sold, she said.
Persons: Claudine Lam, Etsy, Lam, It's, it's, you'll, Patrick's Organizations: Service, Gold City Ventures, Business Locations: Australia, British Columbia, Canada
The hiring game is getting globally competitive: The number of American workers hired by international companies grew 62% last year, according to the State of Global Hiring Report from Deel, an HR platform that specializes in global hiring. Most of those roles allow Americans to work remotely, and workers in some U.S. cities are more likely to take on the arrangement. Americans who work remotely for international employers tend to live in San Francisco, according to the report. As far as roles go, international companies are eager to hire Americans to fill jobs in research, sales, software engineering, content and product. Check out: U.S. workers are getting scooped up by international companies hiring remote roles
Persons: Alex Bouaziz, Bouaziz Organizations: State, Global, Workers, San, San Francisco New York Chicago Austin Miami Portland Boston Atlanta Seattle Dallas Locations: Deel, San Francisco, Bay, U.S, San Francisco New York Chicago Austin Miami Portland Boston Atlanta Seattle Dallas These U.S, Canada, France, Singapore, Australia
The job is clean, high-tech and skilled – all key recruitment points as the company looks to add to its ranks in the year to come. It hopes to double its 100-person manufacturing workforce by the end of the year. Finding people who have the training to do those jobs may prove challenging. Ample is running apprenticeship partnerships with the City College of San Francisco, Laney College and the College of San Mateo, launched as a result of the Inflation Reduction Act. But there are classes you will take that will fundamentally increase your ability to the job really, really well, or do it safely even, or be able to be more effective," Hassounah said.
Persons: Stellantis, Uber, Khaled Hassounah, Hassounah Organizations: EV, Daimler, CNBC, City College of San, Laney College, College of San Locations: Bay, U.S, City College of San Francisco, College of San Mateo
Help wanted in modern manufacturing
  + stars: | 2024-02-02 | by ( Kate Rogers | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHelp wanted in modern manufacturingCNBC’s Kate Rogers on the skilled worker shortage in the manufacturing sector and how companies like Ample, based in San Francisco, are training workers in modern manufacturing roles.
Persons: Kate Rogers Locations: San Francisco
I was excited to try Ina Garten's recipe, which promised crispy, flavorful skin. Ina Garten is a popular celebrity chef. Michael Loccisano / GettyI've loved baked potatoes since I was a kid, and I've always made them the same way: Wrapped in foil and popped in a hot oven for about an hour. But many skilled chefs, including Garten, skip the foil in order to achieve crispy exteriors. Since I love eating the skin of baked potatoes, I was ready to give Garten's method a try.
Persons: Ina Garten's, Ina Garten, Michael Loccisano, Getty, I've Organizations: Garten
I started really young when I was 6. You guys have been very successful and, I think, really strategic about the way you’ve been releasing this album, starting with your single, “Nothing Matters,” almost a year ago. AP: The New York Times did a profile on Måneskin a few months ago, asking if they were the last rock band. ... Every four or five years there’s a different kind of thing that’s à la mode. They like to say things like “last rock band ever” or “first rock band ever,” or “first women to do this.” And it’s not true.
Persons: Gen, , Abigail Morris, Emily Roberts, MORRIS, you’re, ROBERTS, We’re, Lizzie, , Emily, Aurora, they’d, Eric Clapton, Jeff Buckley, I’m, I’ve, Lou Smith, that’s, everything’s Organizations: ANGELES, , Associated Press, New York Times Locations: Georgia, London, Em
AI talent is very much in demand, with some staffers from the likes of Stripe, Amazon, and Google making the switch to smaller upstarts. AI companies are using some of those funds to shell out on sizable salary packages to attract talent, according to data obtained by Business Insider. While salary transparency remains a problem in both Europe and the US, the latter has taken more steps to make salary data visible to employees and candidates. With considerable research prowess, Europe has become a hotbed for producing AI talent. Business Insider has pulled together salary data from some of the most in-demand AI companies that have published H1B salary data, including OpenAI, Anthropic, and Midjourney.
Persons: Sam Altman, queued, chunky, DeepMind's, Mustafa Suleyman Organizations: Google, Business, Mistral, Companies Locations: Europe, Atomico
WASHINGTON (AP) — The Senate has approved President Joe Biden’s nominee to lead the Environmental Protection Agency's air pollution office just as the agency is set to finalize rules over climate-changing emissions from power plants and cars and trucks. Joe Goffman is a longtime EPA official who has headed the air and radiation office on an acting basis since Biden took office three years ago. Goffman's 2022 nomination for the air post, one of the top jobs at EPA, lapsed last year without a Senate vote. She called the Clean Power Plan “a direct shot at American energy production" and an attempt to shut down coal- and gas-fired power plants, including those in her home state. An EPA plan to curb greenhouse gas emissions from power plants is little more than the "second iteration of the Clean Power Plan,'' Capito said.
Persons: Joe Biden’s, Joe Goffman, Biden, West Virginia Sen, Joe Manchin, Sen, John Barrasso, Bobbi, Michael Regan, Goffman, Joe, Regan, Tom Carper, ” Carper, Goffman “, Shelley Moore Capito, Obama, Barack Obama's, , Capito, Mr, Goffman's, , Fred Krupp, Krupp Organizations: WASHINGTON, , EPA, West Virginia, Delaware Democrat, , Republican, Democratic, Supreme, federal, Biden, Environmental Defense Locations: Wyoming, overburdened, West Virginia
Security screeners began a one-day walkout on Thursday at 11 of Germany’s busiest airports, bringing departures to a virtual standstill, scuttling travel plans for an expected 200,000 people and adding to the chaos caused by public sector strikes. Airports serving Berlin, Hamburg, and Stuttgart canceled all of their departures in anticipation of the work stoppage, while others — including Frankfurt’s airport, the biggest in Germany — were trying to keep some flights in the air but warned of significant delays and cancellations. “The work of airport security staff must remain financially attractive so that the urgently needed skilled workers can be recruited and retained,” said Wolfgang Pieper, a lead negotiator for Verdi, the public sector union behind the strike. Screeners are demanding an hourly raise of 2.80 euros, or roughly $3, a 14 percent increase for a starting salary. The federal association of aviation security businesses, the B.D.L.S., which represents employers, called the demands “utopian.” It has offered a 4 percent increase this year, followed by a 3 percent rise next year.
Persons: screeners, Germany —, , Wolfgang Pieper, Verdi Organizations: Airports Locations: Berlin, Hamburg, Stuttgart, Frankfurt’s, Germany
Pandemic school closures upended U.S. education. Many students lost significant ground, and the federal government invested billions to help them recover. Students Are Making a ‘Surprising’ Rebound From Pandemic Closures. The students most at risk are those in poor districts, whose test scores fell further during the pandemic. The analysis did not include Asian students, who represent 5 percent of public school students.
Persons: , , Sean F, Reardon, Thomas J, Kane, Erin Fahle, Douglas O, , Karyn Lewis, Ann Owens, Charlene Williams, Raymond Hart, Mark Sullivan, Bob Miller, Alberto M, Carvalho, ’ ”, Betsi Foster, Sullivan, Pascal Mubenga, Maria Ceja, Maria Ceja’s, Rosalina Rivera, Adam Perez, Margaret, George W, Bush, “ We’re, Eric Hanushek, Marguerite Roza Organizations: Stanford, Harvard, Educational, Dartmouth, , Opportunity, Stanford University, Center for Education Policy Research, Harvard University, University of Southern, Schools, Oregon Department of Education, N.J ., N.J . Utah Pa, Ill, U.S, of, Great City Schools, The New York Times, Birmingham, Delano Union, Hoover Institution, Georgetown University — Locations: United States, Durham, N.C, Birmingham, Ala, Delano, Calif, University of Southern California, Massachusetts, Kentucky, Tennessee, Oregon, Wis, N.J, N.J . Utah, S.D . Ind . Ohio Va . Conn, Mississippi, Tenn, Miss, Kan, R.I . Ky, Mich, . Ark . Oregon, ., Forsyth, Atlanta, Rochester, Detroit, Lake Oswego, Ore, Portland, Chicago, Nashville, Philadelphia, Los Angeles, California, Weakley County, Nevada
(Reuters) - Germany is still an attractive destination for skilled workers from abroad, although migrants report racism and discrimination in everyday life, the Organisation for Economic Cooperation and Development (OECD) said on Wednesday. Having tracked the careers of 30,000 highly qualified people who wanted to come to Germany as migrant workers since August 2022, their willingness to move to the country had increased rather than decreased over the time, the OECD said. Some 92% of participants in its poll lived abroad and were still interested in moving to Germany, it added. However, people who had already moved to Germany reported more discrimination than expected before the move. "Experiences of discrimination are reported, especially when looking for accommodation and in public," the OECD's Thomas Liebig said.
Persons: Thomas Liebig, Holger Hansen, Bartosz Dabrowski, Rachel More Organizations: Reuters, Organisation for Economic Cooperation, Development, OECD Locations: Germany
FRANKFURT, Germany (AP) — Europe’s economy failed to expand at the end of 2023, with the stagnation now lasting for more than a year amid higher energy prices, costlier credit and lagging growth in powerhouse Germany. Zero economic growth for the October-to-December period of last year follows a 0.1% contraction in the three months before that, according to figures released Tuesday by EU statistics agency Eurostat. That extends a miserable run of economic blahs: The 20 countries that use the euro currency have not shown significant growth since the third quarter of 2022, when the economy grew 0.5%. With higher shipping costs and delays to products from clothes to keyboard components, concerns are growing of new consumer price spikes if the conflict in Gaza drags on or escalates. The trade disruption could add as much as 0.5% to core inflation, which excludes volatile fuel and food prices, Oxford Economics said.
Persons: , Holger Schmieding, Yemen's Houthi Organizations: EU, Eurostat, European Central Bank, Oxford Economics, ECB, Hamas, Oxford Locations: FRANKFURT, Germany, Suez, Asia, Europe, Berenberg, United States, Russia, Ukraine, Red, Africa, Gaza
The highest level of care is "skilled nursing care" for those who are chronically ill or disabled and can no longer care for themselves. Medicaid pays for most long-term care services — but only for people with low incomes and little savings. Long-term care insuranceDepending on the plan, long-term care insurance pays for services from at-home care to assisted living, memory care, skilled nursing care, and hospice. Long-term care insurance may have annual premiums that increase over time or may be included as a rider to a life insurance policy. Employers are increasingly offering long-term care insurance as a workplace benefit.
Persons: Abbe Udochi, AARP's Goyer, Ivory Johnson, Johnson, Couples, Goyer Organizations: Maskot, Getty, Healthcare Consulting, National Investment Center, Seniors Housing & Care, Medicare, Delancey Wealth Management, Washington , D.C, CNBC FA, American Association for, Care Insurance, Employers Locations: New York, Washington ,
Far from buckling under their weight, the Russian economy is in fact 1% larger than it was on the eve of the invasion. India and China now account for 90% of Russian oil exports, according to Deputy Prime Minister Alexander Novak. Noemi Cassanelli/CNNThere’s little sign that ordinary Russians have been drastically impacted by Western sanctions. Sanctions will have a long-term impact on the Russian economy, according to the European Commission. Nabiullina said the Russian economy was like a car trying to go too fast.
Persons: Vladimir Putin, Putin, Sergei Chemezov, ” Chemezov, Scott Peterson, Alexander Novak, Christine Abely, , , SWIFT, Alexei Mordashov, Noemi Cassanelli, Geoffrey Pyatt, Rachel Lyngaas, , Alexander Nemenov, Elvira Nabiullina, Nabiullina, Natalia Kolesnikova, ” Abely Organizations: CNN, Atlantic Council, Russia, West ., Shipping, Windward, Reuters, US Treasury Department, United Arab Emirates, Crime Agency, US Treasury, , Bank of, European, US, Financial Times, Russian Central Bank, Getty, Producers, International Energy Agency Locations: United States, Ukraine, Russian, Russia, Western, Sviatohirsk, Donetsk region, Asia, West, West . India, China, India, Volgograd, Turkey, UAE, Bank of Finland, Hong Kong, Europe, Egypt, Thailand, Moscow, Kazakhstan, Soviet Russia, AFP, Beijing
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAn Iranian drug trafficker with ties to its spy agency has been charged by the US Department of Justice with hiring members of the Hells Angels biker group to carry out an assassination on American soil. AdvertisementThe DOJ's indictment alleges that Zindashti hired the Hells Angels bikers to conduct the assassination in January 2021. All three defendants are charged with one count of conspiracy to use interstate commerce facilities in the commission of murder-for-hire. Advertisement"Zindashti's network has carried out numerous acts of transnational repression including assassinations and kidnappings across multiple jurisdictions in an attempt to silence the Iranian regime's perceived critics.
Persons: , Naji Sharifi, Damion Patrick John Ryan, Adam Richard Pearson, Zindashti, Andrew Luger, Pearson, Ryan Organizations: Service, US Department of Justice, Hells Angels, Business, DOJ, District of, US Department of, Foreign Assets, United, Iran's Ministry of Intelligence, Security Locations: Maryland, Iran, Minnesota, District of Minnesota, United Kingdom, United States
You can earn upward of $200,000 working from the comfort of your own home — no bachelor's degree required — if you're willing to crunch some numbers. Loan officers claimed the No. The pay is great: The average salary for loan officers is $192,339, per Indeed's research. At least 75% of the listings for loan officers on Indeed's database have remote or hybrid options. Loan officers assist people and businesses in the process of applying for loans, evaluating financial documents and helping borrowers complete their applications.
Persons: Scott Dobroski, Banks Locations: U.S
CNN —How do you begin to talk about something as seemingly frivolous as haute couture fashion against the tumult of today? The bi-annual couture shows in Paris are a showcase of bold ideas from the best fashion designers working today, crafted by some of the world’s most skilled artisans. Practical pockets, but make it Chanel coutureA delicate sheer pocket seen at Chanel's haute couture show. ValentinoWhile there was razzamatazz on the front row courtesy of Stormi Webster, Kylie Jenner’s five-year-old daughter, who made her front row debut, Valentino’s couture collection incarnation was relatively understated. Raw elegance at Maison MargielaJohn Galliano's couture collection for Maison Margiela was fantastical and theatrical, fittingly taking place under the first full moon of the year.
Persons: Chanel, , Schiaparelli, Giovanni Giannoni, Jennifer Lopez, Zendaya, Pat McGrath, Pascal Le Segretain, Margaret Qualley, Pieter Mulier, Valentino, Stormi Webster, Kylie Jenner’s, Gaurav Gupta Gaurav, Thomas Samson, Guarav Gupta, Kim Jones, Karl Lagerfeld's, Peter White, Karl Lagerfeld’s, Victor Virgile, Maison, Maison Margiela John Galliano's, Maison Margiela, Gao Jing, John Galliano, Gwendoline Christie, John Galliano's, Martin Margiela, Gwendoline Christie sauntering Organizations: CNN, Paris Couture, Spring, Petit Palais, Maison Margiela, Zuma Press Locations: Paris, Chanel, AFP, Xinhua
ZHENGZHOU, CHINA - SEPTEMBER 22: Students attend a job fair for graduates at Zhengzhou University on September 22, 2023 in Zhengzhou, Henan Province of China. (Photo by VCG/VCG via Getty Images)China's youth unemployment will likely stay elevated this year due to a lingering mismatch, according to the Economist Intelligence Unit. Even though unemployment among China's young people should dissipate starting next year — when the country's working-age population declines – the effects of high youth unemployment will remain long after that, the consultancy added. "Despite the upturn in China's labor market as a whole, the biggest improvements are concentrated in middle-aged groups and migrant workers," EIU analysts said in their China 2024 outlook report released Thursday. "In contrast, the post‑Covid recovery has not eased the slack in the youth labor market.
Organizations: Zhengzhou University, Getty, Economist Intelligence Unit, China's National Bureau of Statistics Locations: ZHENGZHOU, CHINA, Zhengzhou, Henan Province, China
The economy has been a drag on Biden's poll numbers, but there are recent signs of improving consumer sentiment. “Though some forecasters thought a recession last year was inevitable, President Biden and I did not,” Yellen said Thursday at the Chicago Economic Club. Yellen also said Trump’s Tax Cuts and Jobs Act “prioritized tax cuts for corporations, disproportionately benefited top earners and did not fix the broken international tax system that encourages companies to shift jobs and profits overseas.”Political Cartoons View All 253 ImagesYellen said the tax cuts added $2 trillion to the national deficit “while doing little to spur investment." Her visit to Wisconsin comes a day after Biden himself was visiting the state to showcase the administration's infrastructure investments. A bipartisan agreement that would revive a variety of tax breaks for businesses and enhance the child tax credit, though not to pandemic-era levels, is moving through Congress.
Persons: Janet Yellen, Trump, Joe Biden, Donald Trump, Biden, ” Yellen, Biden’s, Yellen, I’m, Organizations: WASHINGTON, , Biden, Chicago Economic, Fox News Locations: Illinois, Wisconsin, Milwaukee, Chicago
Today, remote work has declined from its levels of the pandemic but is still – depending on how broadly one measures it – three to four times as prevalent as it was in 2019. And remote work tends to be dominated by higher-educated employees, with nearly 40% of those holding advanced degrees hybrid or fully remote. In early January, LinkedIn’s Global State of Remote and Hybrid Work study found that at its peak, in April of 2022, the share of job postings that offered remote work reached 20.3%. The more enduring feature of remote work is now hybrid.”There are also substantial differences within industry and among countries. “You’re moving to where the housing is cheaper.”Not that it is all rosy when it comes to remote work.
Persons: , Kory Kantenga, Sandra Moran, Julia Pollak, Nick Bunker, Layla O’Kane, Lightcast, Morris Davis, Andra Ghent, Jesse Gregory, ” Goldman Sachs, Boyer, Brad Case, “ That’s, Software’s Moran Organizations: LinkedIn, Workforce Software, LinkedIn’s Global, Labor Statistics, North, , Oxford University Press, Economic Studies, Rutgers University, Andra, University of Utah, University of Wisconsin, Ivory, Google, NASA, Middleburg Communities, Green Mountain Locations: U.S, Israel, Ghent, Real Estate, Santa Ana , California, LLC.org . New York, Huntsville , Alabama, Huntsville, Glendale , Arizona, Phoenix, Arlington , Texas, Dallas, Middleburg, San Francisco, New York, Charlotte, Raleigh , North Carolina, Orlando, Jacksonville , Florida, Houston, San Antonio , Texas, Florida, Texas, Vermont, Green Mountain State, California
Read previewNew-home sales rebounded in December, rising 8% as homebuyers rushed to take advantage of falling mortgage rates, US Census Bureau data shows. But while consumers appear eager to re-engage with the housing market, new purchases don't mean an immediate move-in for some. This decline from 8% peak levels in October was spurred by bets that the Federal Reserve would start cutting interest rates. Of that, new homes took on a bigger share of the inventory, as high mortgage rates kept homeowners from selling. Still, NAHB's CEO Jim Tobin separately expects construction and demand to take off in 2024, once consumers realize ultra-low mortgage rates aren't coming back.
Persons: , homebuyers, Skillington, Jim Tobin Organizations: Service, Business, Federal Reserve, National Association of Homebuilders
Washington CNN —The United Auto Workers union on Wednesday endorsed President Joe Biden, a long-awaited announcement that is an important pickup for the president. Biden won the endorsement of the UAW in the 2020 campaign, even though many rank-and-file members supported Trump. Ahead of endorsing Biden, UAW President Shawn Fain said the choice union workers face in 2024 “isn’t about who you like. … Donald Trump stands against everything we stand for as a union – as a society.”The choice between Trump and Biden, Fain said, was clear. Trump has found support among the rank-and-file of the UAW despite Fain’s strong criticisms and union leadership’s consistent support of Democratic candidates.
Persons: Joe Biden, , ” Biden, Biden, Donald Trump’s, Shawn Fain, isn’t, It’s, “ Donald Trump, ” Fain, that’s, … Donald Trump, Fain, “ Joe Biden, Donald Trump, , ” Trump, I’ve, Trump, , Biden –, ” Shawn Fain, Ting Shen, Dan Kildee, ” Kildee, CNN’s Poppy Harlow, Joe Biden’s, Kildee Organizations: Washington CNN, United Auto Workers, Republican, GOP, UAW, Trump, Democratic Party, Great, Bloomberg, Michigan Democrat, Democratic, CNN, GM Locations: Washington ,, New Hampshire, Michigan, America, Israel, Gaza, Great Lakes State, Detroit
Soon after Yemen’s Houthi militia hijacked a commercial ship in the Red Sea, taking it and its 25-member crew hostage, the armed group used the vessel to record a music video. In the slick production, called “Axis of Jihad,” a drone camera pans over the hulking ship. Then a famous Houthi poet appears on the deck — accompanied by what appears to be a cardboard cutout of Qassim Suleimani, the Iranian commander assassinated in 2020 — and begins to sing. “Death to America and hostile Zion,” the poet, Issa al-Laith, calls out, backed by a relentless beat. “By God, we shall not be defeated!”The Houthis — an Iran-backed militia that controls northwestern Yemen — have long been skilled producers of propaganda, crafting poetry, television shows and catchy music videos to spread their messages.
Persons: Yemen’s, of, Qassim Suleimani, , Issa al Locations: Red, America, Zion, Iran, Yemen, Gaza
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