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☆ Uber CEO says the company took its drivers 'for granted'
▼ + stars: | 2024-02-22 | by ( Camilo Fonseca | ) www.businessinsider.com time to read: +2 min

Uber CEO Dara Khosrowshahi says that prioritizing drivers helped the company weather the pandemic. Uber drivers are worried about declining earnings, which led to a Valentine's Day strike last week. AdvertisementFor Uber CEO Dara Khosrowshahi, it's pretty clear who got the ride-hailing service through the pandemic: his drivers. Khosrowshahi, at a talk in Bengaluru, India, on Thursday, said that prioritizing drivers helped the company weather a difficult period where rides and revenue dropped precipitously. AdvertisementBut Uber drivers aren't universally content, Khosrowshahi's comments notwithstanding.

Persons: Dara Khosrowshahi, Uber, —, Khosrowshahi, It's Organizations: Service Locations: Bengaluru, India

"I'm thinking about marketing myself as a TikTok Shop creator," Jayy told BI in July. Outside its in-house team, TikTok also deputizes official third-party TikTok Shop agency partners to work with creators and merchants on e-commerce strategies. And the company offers advice to all affiliate creators on its website via its TikTok Shop Academy. Someone who is not popular or famous going on TikTok Shop and offering products, or someone who is very popular and famous now getting products?" "I think the shortest path to more volume through TikTok Shop is really that second group."

Persons: D'Amelio, TikTok, Remy Beaumont, it's, Joy Mangano, Beaumont, playbook, Rick Watson, Sharon Jayy, Jayy, Watson Organizations: Business, Shop, Z Media, intel, Training, RMW Commerce Consulting, TikTok Shop, Shop Academy Locations: London, China, Douyin, TikTok's Culver

☆ Spektr, a compliance and due diligence fintech startup, just raised $5.4 million with this 13-slide pitch deck
▼ + stars: | 2024-02-21 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Danish compliance startup Spektr has raised $5.4 million in seed funding. The company, set up by the founders of HelloFlow, has emerged from stealth. The company plans to use the funding to grow its team and begin to expand into the US. Spektr, a fintech startup that helps companies with compliance, has raised $5.4 million. The Copenhagen-based startup is emerging from stealth and aims to improve the client onboarding experience for companies.

Persons: Spektr, Mikkel Skarnager Organizations: HelloFlow, Business Locations: Copenhagen

☆ Penn is the first Ivy League to offer a degree in AI
▼ + stars: | 2024-02-14 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

Penn announced its new program in AI on Tuesday, and it's the first of the Ivys to do so. But over the last 10 years, the engineering program has been aligning itself more toward AI and onboarding AI courses. The BSE in AI will offer courses in machine learning, computing algorithms, data analytics, and advanced robotics. In addition to being the first Ivy League to offer a degree in AI, Penn is also the first school to offer a degree in AI engineering. Carnegie Mellon was one of the first schools to start an AI undergraduate program back in 2018.

Persons: —, Neera, Penn, J, Larry Jameson, Penn Engineering Robert Ghrist, Ghrist, Carnegie Mellon Organizations: Service, University of Pennsylvania, Penn, Artificial Intelligence, Telcom Ventures, Business, Education, Penn Engineering, Ivy League, Carnegie, MIT, Stanford Locations: Northwestern

☆ HiBob, a $2.7-billion HR unicorn, is acquiring Tiger Global-backed payroll startup Pento
▼ + stars: | 2024-02-13 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Read previewHiBob, a London headquartered HR unicorn, is acquiring UK payroll startup Pento. The company is valued at $2.7 billion, has raised $574 million in funding, and is acquiring Pento to expand its payroll offering. The acquisition came about after seeing the fragmented payroll market in the UK with HiBob opting to go one step further than integration, CEO Ronni Zehavi told Business Insider. AdvertisementLondon-based Pento has raised $54 million in VC funding, including from General Catalyst and Tiger Global. Around 35 Pento staff will join HiBob as part of the deal, which is subject to closing conditions.

Persons: —, Ronni Zehavi, Zehavi, HiBob Organizations: Service, Business, General, Bessemer Venture Partners, General Catalyst, Tiger Global, Dealroom, HiBob Locations: London, Israel

☆ Here are Wednesday's biggest analyst calls: Nvidia, Apple, Target, Amazon, Quest, Deckers, Alphabet & more
▼ + stars: | 2024-02-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Jefferies initiates Sprout Social as buy Jefferies said the social media software provider is a market leader. Morgan Stanley names Huntington Bancshares a top pick Morgan Stanley said it likes the regional bank's low exposure to commercial real estate. Morgan Stanley reiterates Nvidia as overweight Morgan Stanley raised its price target on Nvidia to $750 per share from $603. Morgan Stanley downgrades Aptiv to underweight from equal weight Morgan Stanley said it sees slowing growth for the automotic tech company. Jefferies initiates ZoomInfo as buy Jefferies initiates the software data company with a buy and says it sees new customer growth.

Persons: Redburn, Key, it's, Gordon, Gordon Haskett, Jefferies, Steven Madden, Morgan Stanley, Huntington, Morgan Stanley downgrades Aptiv, Piper Sandler, Piper, Davidson, Goldman Sachs, Goldman, DA Davidson, it's bullish, Oppenheimer Organizations: Services, Bank of America, Google, Leerink, SPT, Citi, JPMorgan downgrades New York Community Bancorp, JPMorgan, Jefferies, Nvidia, Crown Holdings, Holdings, Civitas Resources, Corp, Vans, VF Corp, Bank of America downgrades, York Community Bancorp, New, Apple, Apple's Locations: F24E, New York

The pay data includes salaries ranging from a data scientist position that offers $170,000 per year at Discord to a staff engineer role that earns $250,000 or more at Patreon. AdvertisementHere are the annual salaries for a job at FaZe Clan:Legal Counsel: $142,273 median starting range; from $133,308 to $194,437FaZe Clan did not respond to BI's request for comment. At LTK, a senior software engineer would make $130,000Courtesy of LTKLTK, formerly known as RewardStyle, is an affiliate-marketing and social-commerce platform used by influencers across Instagram, YouTube, and TikTok. At Teachable, a level II senior software engineer would make $190,000Teachable is a platform where creators can build and sell online courses and coaching programs. Here are annual salary ranges for several jobs at Teachable:Data Analyst : $69,826 to $85,000: $69,826 to $85,000 Senior Software Engineer : $160,000 to $180,000: $160,000 to $180,000 Senior Software Engineer - Core : $150,000 to $170,000: $150,000 to $170,000 Senior Software Engineer II : $190,000: $190,000 Software Engineer: $125,000 to $135,000Teachable did not respond to BI's request for comment.

Persons: upstarts, we're, Justin Kenna, they've, ByteDance, Teachable, Konstantin Savusia, James Nord, Brandon Brown, Ryan Brown, Brian Mechem, Warby Parker, Grin, Amanda Perelli, Anthony, Alex Zaccaria, Nick Humphreys, Linktree's, Amber Venz, Baxter, Read, Sydney Bradley, economy's, Patreon, Chris Best, Jason Henry Substack Organizations: YouTube, Business, FaZe, Safety, Software, Security, Enterprise Security, FaZe Clan, Fohr, Inc, Grin Technologies, Facebook, Keli Network Inc, Business Affairs, Jellysmack, Linktree, Ops, RewardStyle Inc, Networks, Mighty Networks, Mighty Software, Engineering, Sydney, Sydney Bradley One, BI, Staff, Social, Data Engineering, Trust, Quality Assurance, Hotmart, & $ Locations: California, New York, Texas, FaZe, Fohr, Jellysmack, Karat, Linktree, LTK, Instagram, Dallas , Texas, Teachable

☆ The No. 1 reason people 'fail' job interviews, says ex-Amazon recruiter: 'It causes a lack of trust'
▼ + stars: | 2024-01-26 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

Some job interview faux pas are obvious. Showing up late or badmouthing your former employer are almost guaranteed to ruin a first impression. But there's one sneaky interview mistake that can cost you the job: Forgetting to provide specific examples in your answers. Holly Lee, a former recruiting leader at Amazon, Meta and Google, says it's "hands down, the number one reason" people tank a job interview. "Giving vague, clipped answers causes a lack of trust, it shows me that someone is unprepared and doesn't have a deliberate approach to their work."

Persons: Holly Lee, Lee, you've, it's Organizations: Amazon, Google Locations: Phoenix

☆ A strong exit interview could help transform a company's culture and bottom line. Here are the 5 best and worst questions to ask.
▼ + stars: | 2024-01-25 | by ( Mariette Williams | ) www.businessinsider.com time to read: +8 min

Exit interviews are a valuable tool for companies that want to make their workplaces better. Exit interviews are an effective tool for companies looking to make their workplaces better. "Exit interviews are seen as uncomfortable, time-consuming, and just plain inconvenient," Peter James, an executive leadership coach, told Business Insider. "Exit questions need not be complex but should ideally address what we know, what we think we know, and what we should know," James said. "By the time an employee has made it to the exit interview, they've already submitted their resignation letter or email.

Persons: —, Peter James, Chris Bellezza, James, Burgette White, White, Burgette, Desmond Attmore, Brian Wright, it's, I've, Devika Brij, Brij, Attmore, they've, They've Organizations: Service, Adecco, Employees, Staff Locations: America

☆ The deterioration of corporate training has become a hot topic after a recent college grad said she was 'hired and fired' 6 days into her first job
▼ + stars: | 2024-01-10 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA recent grad who said she was "hired and fired in less than two weeks" from her first job out of college has sparked a conversation on TikTok about the deterioration of corporate onboarding. She said it was her first full-time job after graduating from college last August. Frederick said her colleagues told her they didn't know what to give her to do, which led her to feel "useless." She was told it wasn't working out and the company would be seeking another candidate.

Persons: —, Sierra Desiray Frederick, she'd, Frederick, hadn't, she's Organizations: Service, Aldi, Business Locations: Tennessee

☆ The future of cloud infrastructure
▼ + stars: | 2023-12-01 | by ( Sponsor Post | Sponsored Microsoft | ) www.businessinsider.com time to read: +5 min

That's why "lifting and shifting" existing on-premises SQL Server environments to SQL Server on Azure Virtual machines is a simple, quick, and cost-effective path for companies that are concerned about complex cloud migration for legacy workloads, but need to gain cloud benefits today. Simple path of migration to accelerated performanceSQL Server on Azure Virtual Machines is 100% compatible with on-premises SQL Server. Once migrated, teams can leverage their existing SQL Server skills seamlessly — using the same powerful SQL Server they are familiar with, now in the cloud. SQL familiarity with cloud innovationAzure Virtual Machine customers benefit from a comprehensive cloud computing platform with security from the ground up. The use of Azure Virtual Machines made the success of Atrium's Azure ecosystem possible.

Persons: Nic Hopper Organizations: Virtual Machines, Virtual Machine, Intel, Microsoft, Virtual, Atrium Underwriters, Insider Studios Locations: London

☆ Apollo Global’s CSO Talks About Knitting Sustainability Into the Culture
▼ + stars: | 2023-11-29 | by ( Rochelle Toplensky | ) www.wsj.com time to read: +9 min

A sustainability veteran with more than 24 years’ experience, Stangis has built sustainability teams at both Intel and Campbell Soup . WSJ Pro: Do you have a favorite sustainable product or service, that isn’t an Apollo company? In terms of our regulatory reporting, we made some great progress, but it’s also helping and building the tools for our portfolio companies. Stangis: We’ve got data from all of our portfolio companies from surveys of 100-plus questions every year. So our portfolio companies, they’re literally doing sustainability reporting to us, we’re compiling it and then making that public.

Persons: Dave Stangis, Stangis, Campbell, it’s, we’ve, I’ve, —, We’ve, they’re, we’re, Rochelle Toplensky Organizations: Apollo Global Management, Intel, Pro, Business, Campbell Soup Company, WSJ, Private Equity, Flagship Fund, Apollo, Rochelle, rochelle.toplensky@wsj.com Locations: Europe, Asia, Paris, Detroit, U.S, Russia, Ukraine, decarbonize, we’ve

☆ IOTA launches $100 million entity in Abu Dhabi to create digital network
▼ + stars: | 2023-11-29 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +3 min

IOTA digital tokens will fund the investment. The foundation will be seeded with over $100 million in IOTA tokens, to be vested over the next four years, Schiener said. IOTA tokens on Tuesday traded at about $0.17, with a market capitalization of roughly $524 million, Coinmarketcap.com showed. The funds will be used to develop the IOTA network and accelerate its growth, Schiener said. IOTA will also start "tokenizing" assets, he said, a process in which ownership rights in land or buildings are represented as digital tokens and stored on a blockchain.

Persons: Satoshi bitcoin, Arnd, Dominik Schiener, Binance, Schiener, Hamad Sayah Al Mazrouei, Gertrude Chavez, Dreyfuss, Alden Bentley, Richard Chang Organizations: Swiss, Bity, REUTERS, IOTA, Wednesday, Abu Dhabi Global, United Arab, Registration, ADGM, Thomson Locations: Zurich, Switzerland, Abu Dhabi, United Arab Emirates, UAE, Europe, Germany

☆ Premarket stocks: How the ‘Black Ceiling’ is holding some professionals and the economy back
▼ + stars: | 2023-11-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

In his new book “The Black Ceiling” Woodson, a former attorney, sheds light on systemic issues within elite professional settings and the broader economic repercussions that come from underutilizing and marginalizing talented Black professionals. Woodson spoke with more than 100 Black professionals about what he calls the Black ceiling — a significant barrier that impedes career progression and creates stigma and anxiety in the workplace. Racial discomfort encapsulates the sense of unease that a lot of Black professionals experience working in elite white work settings. Selective punitiveness is the widespread perception that Black professionals get treated especially harshly when they make mistakes. Firms need to train their personnel, especially their senior white professionals so that they don’t judge junior Black professionals adversely for these challenges.

Persons: Kevin Woodson, ” Woodson, Woodson, Bell, it’s, who’ve, Kim Schmidt, they’re, that’s, doesn’t, It’s, Eva Rothenberg, ” Grant Gustafson, Corie Barry, “, ” Barry, Nathaniel Meyersohn Organizations: CNN Business, Bell, New York CNN — Corporate America, University of Richmond School of Law, Elite, Sensormatic, Black, Adobe, Retailers Locations: New York, underutilizing, DC

☆ Meet the millennials who don't want to be managers. They say the extra pressure isn't worth it.
▼ + stars: | 2023-11-23 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

One millennial said the manager role she would move into next seems to be a high pressure job. Devika said younger millennials like her may not see moving to a manager role as worth it because "it's just giving up too much of your personal life and then life is short." That includes feeling extra pressure from senior management, Derler said. She added that new managers don't often get that learning opportunity and then form bad habits that are hard to eradicate later. The Visier survey found 71% of respondents, including those who don't necessarily want to be people managers, said better compensation would be a top incentive for becoming this kind of manager.

Persons: —, Devika, she's, millennials, Andrea Derler, Derler, Justin Vallely, Vallely, it's, onboarding, aren't Organizations: Service Locations: That's

☆ The ultimate work perk? This company provides a free place to stay in Spain
▼ + stars: | 2023-11-23 | by ( Marylou Costa | Shalbha Sarda | ) www.cnbc.com time to read: +6 min

But employees of the Polish company PhotoAid needn't bother. The company, which helps travelers take their own passport photos at home, allows its employees to stay at an apartment in Spain for free — provided they work while they're there. Employees can stay up to three weeks at a time at the Tenerife apartment and can visit as many times as they like. How the 'workcations' workPhotoAid is a small company with a young workforce, so most employees don't have children, said Mlodzki. Source: PhotoAid

Persons: PhotoAid, Rafal Mlodzki, Mlodzki, Marcin, Tomasz Mlodzki —, —, Aleksandra Staromiejska, Staromiejska, Michel Jonca Organizations: Employees, CNBC Travel Locations: Spain, Tenerife, Canary Islands, Morocco, Warsaw, Tenerife's, Santa Cruz de Tenerife, vermouth, Workation, Macizo, Poland

☆ Microsoft was preparing its San Francisco offices with MacBooks and HR on standby to welcome defecting OpenAI employees, then Sam Altman rejoined as CEO
▼ + stars: | 2023-11-22 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Microsoft was preparing to bring on OpenAI employees who were ready to quit after Sam Altman's departure. However, Altman announced he was returning as OpenAI's CEO on Wednesday morning. AdvertisementMicrosoft was getting ready to welcome hundreds of OpenAI employees to its offices in San Francisco before Sam Altman returned as OpenAI's CEO on Wednesday, according to reporting from CNBC and Axios . Altman announced his return as OpenAI's CEO on Wednesday morning on X after reaching an agreement with the company. OpenAI staff showed unwavering support for Altman after he was fired.

Persons: Sam Altman's, Altman, —, Sam Altman, Satya Nadella, Nadella, Axios, wasn't Organizations: Microsoft, San Francisco, Service, CNBC Locations: San Francisco

☆ I made $34,400 this year selling digital products on Etsy. I only spend an hour a month on it – here's how.
▼ + stars: | 2023-11-21 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +5 min

I sell digital products on Etsy. I'm an introvert and I didn't want to become a creatorI figured I could sell templates to other businesses. I'd group my products into bundles so that business could download a range of digital templates for a set price. I started another shop focused on digital products for wedding coordinators in September 2022. I spend around an hour a month on my shops except for periods when I add new products.

Persons: Desiree Sandison, —, I've, I'd, It's, We've, That's Organizations: Business, Disneyland Locations: Vancouver, Canada, Paris

A pedestrian walks by a sign at a LinkedIn office on July 26, 2023 in San Francisco, California. The company has begun making preparations for hundreds of OpenAI employees at its LinkedIn offices in downtown San Francisco, about two miles from OpenAI's headquarters. This week, more than 90% of OpenAI employees signed a letter demanding that the OpenAI board resign or watch staffers leave and join their former boss, Sam Altman, at Microsoft. Early Monday morning, Microsoft CEO Satya Nadella said that Altman, Greg Brockman and their colleagues would join Microsoft as part of a new artificial intelligence research group. However, by Monday evening, it became less evident that Altman and Brockman would actually be joining Microsoft.

Persons: Axios, Sam Altman, Satya Nadella, Altman, Greg Brockman, Brockman Organizations: Microsoft, CNBC Locations: San Francisco , California, San Francisco, OpenAI's, OpenAI

☆ Cami Téllez's underwear startup Parade went bust, and employees blame her. Is it OK to write about it?
▼ + stars: | 2023-11-21 | by ( Melkorka Licea | ) www.businessinsider.com time to read: +28 min

Owning Gucci loafers "wouldn't make me any less capable of leading my team," Téllez rightfully pointed out. Most startups attract people who know this and are excited by it, and Parade employees were no different. "Like any for-profit company, Parade sought to make money and deliver value for shareholders," she told Business Insider. Téllez told staffers DeFuria was sick, and some were worried enough to send flowers to his home. Téllez told employees that they should be receiving offers for positions at AAI "within the next 72 hours at the latest."

Persons: Camila Téllez, I'd, —, Steph Korey, Audrey Gelman, they'd, Steve Jobs, I've, Emily Weiss, Marc Andreessen, Téllez, Gen Zers, Calvin Klein, Cami, Cami Téllez's, she'd, Gucci loafers, Slack, Rhonda Moret, there's, Jack DeFuria, Shakira, Warby Parker's, Neil Blumenthal, Peyton Dix, Jeffries, Evan Mock, Kamala Harris, Ella Emhoff, Gen, Karli Kloss, Omar, who'd, Ty Haney —, — Téllez, Kerry Steib, Meredith Gillies, we've, Steib, I'm, Lyndsey Arnold, Arnold, Lailee, Taghdisi, DeFuria, Kristen Dolzynski, Dolzynski, commenter, weren't Organizations: Ariela, Associates International, AAI, CNBC, Columbia University, NYU, Parade, West Dakota, Forbes, longtime, American, Karli, Voices, Spotify, North America, Employees, Casper, Casa de, Former Locations: New York, Instagram, New, Téllez, York, Colombia, North, SoHo, Dominican Republic

☆ Advent to buy UK payments firm myPOS valued at over $500 million
▼ + stars: | 2023-11-16 | by ( Amy-Jo Crowley | ) www.reuters.com time to read: +3 min

LONDON, Nov 16 (Reuters) - Advent International has signed a deal to buy payments firm myPOS as part of the London-based buyout group's latest push into digital payments, director Fabio Cali told Reuters. The acquisition is expected to value myPOS at around 500 million euros ($542.15 million), two people familiar with the matter told Reuters, speaking on condition of anonymity. The payments sector has had a run of transactions recently. SumUp said last year it had raised 590 million euros in a funding round led by Bain Capital Tech Opportunities. The company is targeting a revenue run rate of 100 million euros this year, one of the people said.

Persons: Fabio Cali, SumUp, JP Morgan, PayPal Zettle, Christo Georgiev, Georgiev, Amy, Jo Crowley, Jane Merriman Organizations: Reuters, Bain Capital Tech, PayPal, House, Thomson Locations: London, Cali, Athens, Europe

☆ Inside Disney interviews: 6 staffers reveal the most important question recruiters ask, hiring process hurdles, and secrets for standing out
▼ + stars: | 2023-11-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +13 min

According to one Disney employee hired during the pandemic, managers may tell recruiters the particulars they're seeking in candidates. For candidates looking to work in Disney's entertainment division, a question Green and other experts mentioned is: What are you watching on television and streaming right now? A third current employee, a creative assistant in Disney's entertainment division, recalled being tested on their competency in assessing creative work, namely doing script coverage. Curiosity counts — about the role, the company, the industryExperts encouraged candidates to be curious and raise their own questions with recruiters. The first employee recommended that candidates ask questions that enable recruiters to flex their own Disney spirit.

Persons: Lauren, Orlando, she's, Bob Iger, Dan Green, Green, —, hasn't, they've, Disney, Disney —, Ben White —, who's, We've Organizations: Walt Disney, Disney's College, Business, College Program, ESPN, Disney, Carnegie Mellon University's Heinz, Disney College Program, Adobe, Hulu, YouTube, Hollywood Locations: Disney's, Java, pseudocode

☆ 'Overemployed' Workers Secretly Juggle Several Jobs for Big Salaries
▼ + stars: | 2023-11-13 | by ( Aki Ito | ) www.businessinsider.com time to read: +21 min

Holding down multiple jobs has long been a backbreaking way for low-wage workers to get by. They freeze their employment histories with Equifax and hibernate their LinkedIn profiles, so employers can't see they're holding multiple jobs. Those with multiple jobs also seek out positions they hope will be OE-friendly — light on meetings, as well as on the workload. There's another incentive: Unlike most Americans, those who work multiple jobs don't have to worry about layoffs. There's something radical that happens to a worker's psychology when they have multiple jobs.

Persons: Bryan Roque, He'd, Roque, I'm, Isaac, Reddit, commiserate, he'd, it's, they're, —, Tyler Le, George, who's, I've, Allison, Cole, he's, Matthew Berman, hasn't, Meta, Tinder, jugglers, Taylor, they'll, normies, Redditor, she'd, she's, Aki Ito Organizations: Amazon, IBM, Meta, Financial Independence, J1, McKinsey & Company, J2 Locations: Meta, Tinder, New York, California, Meta's, tatters

☆ Elon Musk started a price war that Tesla can't win
▼ + stars: | 2023-11-12 | by ( Linette Lopez | ) www.businessinsider.com time to read: +15 min

Elon Musk has started an electric-vehicle price war that Tesla can't finish. In April, Ford CEO Jim Farley said Tesla's cuts could start an unsustainable price war. If it slides back into the red because of its price cuts, expect investors to run in another direction. In China, Tesla's price cuts even sparked protests among owners who paid more for their vehicles. Waging price war during a downturn is a challenge unlike any Tesla has faced before.

Persons: Elon Musk, Tesla, Mark Schirmer, crumb, John Zhang, Musk, —, he's, hasn't, — it's, Frederic J . Brown, Ford, John Lawler, Schirmer, I've, it's, Jim Farley, Elon, Oliver Zipse, Zhang, they're, they'd, Zach Kirkhorn, Linette Lopez Organizations: Cox Automotive, —, Revenue, Wharton School, Ford, BMW, Getty, GM, Mercedes, EV, Hyundai Locations: AFP, China

☆ Bridgewater's employee-rating system tracked even the lowest-paid workers — who could get dinged if the office ran out of soda, a book says
▼ + stars: | 2023-11-08 | by ( Jordan Hart | Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Bridgewater employees have famously rated one another's performance in real-time. Ray Dalio even fired an employee based on his peers' answers to a poll about him, "The Fund" says. 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 . Information was compiled into individual employee profiles, which were known as baseball cards around the office, the book said.

Persons: Ray Dalio, —, Ray, Rob Copeland's, Copeland, Dalio, Michael Partington, Partington, Bridgewater Organizations: Bridgewater, Service, Bridgewater Associates, Workers Locations: Ray Dalio's, Bridgewater

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