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Some hedge funds, wealth managers, and asset managers are still hiring. Layoffs across industries have been dominating headlines in January, and Wall Street has been no exception. Big-name hedge funds like Citadel, D. E. Shaw, and Millennium Management posted double digits in a year that many other investment managers would rather soon forget. Alternative asset managers, meanwhile, are hiring in the private-wealth-management businesses they've spent recent years building out. Emily Landon, the CEO of the Chicago-based headhunting firm The Crypto Recruiter, pointed to the job board Crypto Careers, which has over 2,400 openings.

☆ I was laid off from my job at Twitter and I've applied to about 60 jobs since then. Here are 8 things job-seekers need to know about hiring right now.
▼ + stars: | 2023-01-24 | by ( Katie Malone | ) www.businessinsider.com time to read: +4 min

Since being laid off in October, she has applied to over 60 jobs. I landed at Twitter as a senior manager of web strategy for the developer platform team in February 2022. I found out I was pregnant in mid-November during the Twitter interview process, but I was able to negotiate full maternity leave into my offer. Since then, If I had to guess, I probably applied to well over 60 roles at this point. That was a huge advantage when I was applying for a role at Twitter.

☆ A Twitter director was told off by a senior leader for organizing a one-to-one meeting with Elon Musk to discuss ideas before his deal closed, report says
▼ + stars: | 2023-01-24 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

A Twitter director was reprimanded for arranging a one-to-one meeting with Elon Musk, per the FT.Esther Crawford introduced herself to Musk in Twitter's cafe before the deal closed, the FT said. Musk liked her ideas, but other employees were irritated by her move, people familiar with operations at Twitter told the FT.A senior leader reprimanded Crawford for going directly to Musk instead of speaking to them, the people told the FT. One senior employee, who remained anonymous, told the FT that the sleeping bag incident "bothered people." The FT reported that Crawford introduced herself to Musk during his first visit to the company headquarters, which was on October 26, two days before Musk's Twitter deal closed. Crawford remains active on Twitter, posting updates about the site and new features that are due to launch.

☆ $6 billion fintech iCapital is making 100 new tech hires despite sweeping layoffs and hiring freezes across Wall Street
▼ + stars: | 2023-01-21 | by ( Paige Hagy | Rebecca Ungarino | ) www.businessinsider.com time to read: +4 min

Alternative investment fintech iCapital is making 100 new hires in its tech department. iCapital CEO Lawrence Calcano told Insider "great people are always in demand." The fintech, which was founded in 2013, operates a marketplace where investors and firms can get an overview of alternative investments like private equity and hedge-funds. "Long term, there's still strong trends of advisors recommending higher allocations to alternative investments. It bought Wells Fargo's and UBS's alternative investments feeder fund platforms and the companies Artivest, Simon Markets, and AI Insight.

☆ FuboTV insiders describe how its 'doomed' sportsbook collapsed in a year — and what it means for the future of the streaming company
▼ + stars: | 2023-01-19 | by ( Colin Salao | Ashley Rodriguez | ) www.businessinsider.com time to read: +22 min

But despite the MetLife lounge remaining open throughout the 2021-22 NFL season, the Fubo Sportsbook wouldn't launch in New Jersey until the following one, in September 2022. "It was doomed from the start," one former Fubo Gaming staffer told Insider. Meanwhile, Rattner — whom the first former Fubo gaming staffer described as a "good talker" — sustained the startup's more youthful culture. The Fubo Sportsbook launched in New Jersey on September 7, days before the first Jets home game. A promotional image from when the Fubo Sportsbook went live in New Jersey in September 2022.

☆ Microsoft layoffs shake up the unit responsible for integrating ChatGPT technology into Bing
▼ + stars: | 2023-01-18 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +3 min

WebXT includes the team responsible for integrating AI technology from ChatGPT into Bing. Affected units include Microsoft's Web Experience Team, known internally as WebXT, which includes the company's Bing search engine and Edge web browser. Notably, this is the unit responsible for integrating ChatGPT technology into Bing. The Information reported earlier this year that Microsoft plans to use the same AI as ChatGPT to provide users with answers to some searches. One Microsoft employee theorized that the layoffs will help Microsoft cut higher-paid staff and hire new employees at lower compensation into investment areas like Bing.

☆ Goldman Sachs is still hiring amid sweeping job cuts and a $3 billion consumer lending hit. Here's where the bank continues to recruit talent.
▼ + stars: | 2023-01-13 | by ( Hayley Cuccinello | Carter Johnson | ) www.businessinsider.com time to read: +4 min

Despite cutting thousands of jobs, Goldman Sachs still has some 400 job openings. In a brutal bloodletting, Goldman Sachs laid off as many as 3,200 employees this week and reported steep losses in its troubled consuming lending division. The highest share of postings (48) are for Goldman's asset and wealth management division. Most of the asset and wealth management roles are dedicated to servicing the ultra-wealthy as well as institutional clients. Editor's note: A previous version of this story said Goldman Sachs declined to comment.

I took a LinkedIn product manager course to understand the role and tie in my existing skills. 3 months after taking the course, I landed a new job as a product manager. He spoke passionately about the product, which got me excited about pursuing a new career as a product manager. I started with a LinkedIn Learning course that covered the basicsDeal icon An icon in the shape of a lightning bolt. While starting the job hunting process, I took a few additional product management courses, like Product Innovation for Product Managers, Technology for Product Managers, and Product Management: Launching Your Product.

☆ Salesforce managers were blindsided by news of layoffs, insiders say
▼ + stars: | 2023-01-04 | by ( Ellen Thomas | Ashley Stewart | ) www.businessinsider.com time to read: +3 min

Some senior managers learned of the cuts at the same time as rank-and-file staffers. Some Salesforce managers, even those with senior titles, were blindsided by the company's layoff plans when they commenced on Wednesday, according to internal Slack messages viewed by Insider. Slack messages viewed by Insider were sent by managers ranging from senior manager to vice president level. Salesforce laid off around 1,000 employees this week in an initial round of job cuts, insiders say. Insider reported in December that some Salesforce managers were being asked to identify their bottom 10% of performers.

☆ In Salesforce layoffs, MuleSoft is hardest hit as the company cuts the first 1,000 employees of its planned 10% workforce reduction
▼ + stars: | 2023-01-04 | by ( Ashley Stewart | Ellen Thomas | ) www.businessinsider.com time to read: +3 min

Salesforce plans to cut 10% of its workforce, co-CEO Marc Benioff told employees Wednesday. MuleSoft was the hardest hit by layoffs so far, which amount to around 1,000, insiders said. Salesforce has already laid off about 1,000 employees as part of a plan to slash 10% of its workforce, and the MuleSoft unit was the hardest hit so far, insiders said. A Salesforce spokesperson referred Insider to the email when asked for comment on the details of this report. Benioff has been stoking employees' fearsBeyond MuleSoft, Benioff stoked many Salesforce employees' fears in a recent all-hands when asked about the possibility of future layoffs and how the company planned to balance cost-saving with employee morale.

☆ Buy these 30 stocks that are all on track to outperform a 'flattish' market in 2023, according to RBC, which says it's safe to bet on Facebook parent Meta this year
▼ + stars: | 2023-01-04 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

RBC says its list of 30 favorite global stocks has steadily outperformed over the past 3 years. The group is made up of Global Head of Research Graeme Pearson, Head of US Research Mark Odendahl, Head of Canadian & APAC Research André‐Philippe Hardy, and Head of European Research & Global Head of Research Product Management Michael Hall. Painful as that is, its benchmark, the MSCI World Net Total Return Index, suffered an even bigger loss of 18.4%. Since the end of 2019, the firm adds that the top 30 list "has delivered a total return of +23.2%, above the benchmark at +15.6%." The 30 stocks are ranked here from lowest to highest based on the total return (share price and dividends) that RBC expects them to deliver in 2023.

☆ Google will soon kill the cookie, and 2023 will be the year to show whether the technology invented to replace it can save the ad industry's revenue
▼ + stars: | 2022-12-22 | by ( Ryan Joe | ) www.businessinsider.com time to read: +7 min

The loss of the cookie and other ways to identify people online has caused ad revenue to crater. "Too soon to say, but the platforms don't like it," said David Temkin, a Google executive who focuses on ads privacy. "Clean rooms we think are promising because they can respect user privacy," Temkin said. He notes that clean rooms can be slow and expensive. The prevalence of retail media already jumpstarted the need for clean rooms in 2022, said Scott Howe, CEO of LiveRamp, which provides clean rooms and identifiers.

☆ The renewed 'Made in America' wave is going to make stuff like clothing and electronics more expensive
▼ + stars: | 2022-12-22 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

It's in response to the supply chains disruptions companies have faced in recent years. The headaches US corporations have faced are leading more of them to bring their supply chains closer to home and more under their control. Just under half (46%) said they were adjusting supply chains, and around a third (32%) said they were onshoring their workforce. But if more companies shift their supply chains closer to home, this could slowly begin to change. If reshoring companies have to raise wages to attract workers, they may decide to raise prices even further to protect their margins.

☆ Factbox: Russian gold taken out of exchange-traded fund stockpiles
▼ + stars: | 2022-12-21 | by ( Peter Hobson | ) www.reuters.com time to read: +4 min

In an analysis about investors shunning Russian gold, Reuters examined lists of gold bars owned by eleven large funds. By late November, the proportion of Russian gold in the stockpiles of eight had fallen. SPDR Gold MiniShares, whose gold is stored by ICBC Standard, saw an almost 50% fall in the amount of Russian gold it holds. Russian gold bars refined before March 7 this year are still eligible to own and trade, it said. GRANITESHARESGraniteShares said it did not distinguish between different brands of good delivery gold including pre-war Russian gold, and that it had not asked its custodian, ICBC Standard, to reduce its holdings of Russian bullion.

☆ Fanatics salaries: Pay data shows how much the merch giant offers for tech and other jobs, as it expands into sports collectibles, betting, and more
▼ + stars: | 2022-12-21 | by ( Ashley Rodriguez | Colin Salao | ) www.businessinsider.com time to read: +12 min

Recent work-visa data shows how much the company offers to pay certain staffers. Salaries in the data ranged from $57,100 to $233,200 for mainly tech jobs in its retail division. It included base salaries for mainly tech jobs in the retail division, ranging from a data engineer position that would make $110,000 per year to a director of product management that would earn between $201,968 and $231,750 per year. For example, the data included a pay rate of $125,486 to $130,000 for an experimentation strategist position. Here were the salaries for jobs at Fanatics SPV:Director, Influencer Relations : $195,042 to $200,000: $195,042 to $200,000 Senior Platform Engineer: $144,726 to $165,000This story has been updated to reflect the latest available data.

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☆ Warner Bros. Discovery salaries revealed: Pay data shows how much the company recently offered for jobs at HBO and more, despite waves of layoffs and cuts
▼ + stars: | 2022-12-20 | by ( Ashley Rodriguez | Elaine Low | ) www.businessinsider.com time to read: +19 min

Insider analyzed new pay data from the entertainment companies, now merged as Warner Bros. Recent salaries ranged from $55 an hour to $300,000 a year for jobs at HBO and other units. The salaries ranged from $55 per hour to $300,000 per year, with a median annual salary of $143,000 to $170,000. For example, Discovery offered an ad sales account manager between $131,458 and $149,000 per year, according to the data. Associate Manager, Brand Marketing/Publishing: $92,518 to $130,011WarnerMedia DirectData Architect: $162,400 to $200,150 median; ranging from $159,800 to $205,000WarnerMedia Services

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☆ Twitter has given new square business badges to some of its staff, news outlets, and a close friend of Elon Musk — but not Musk himself
▼ + stars: | 2022-12-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Twitter introduced a new square badge to show where company verified accounts are employed. At least 10 Twitter staff have the new badge, but Elon Musk doesn't. Musk himself, however, has not got a square badge, despite owning the company and spearheading the verification changes. Musk retweeted the official announcement for the feature, but is yet to address the poll which saw Twitter users vote for him to step down as CEO. The news outlet Bloomberg also has access to the square badge, which is currently being used for different sections of the outlet's coverage, but not individual journalists.

☆ Roughly 1 in 3 workers is worried about a layoff—here's where anxiety is highest
▼ + stars: | 2022-12-19 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

Layoffs are getting loud, and workers are stressing out. Roughly 1 in 3 U.S. workers, 31%, say they're concerned their company is planning budget cuts or layoffs, according to a recent LinkedIn Workforce Confidence survey, which includes data from 21,000-plus professionals from September to December. Other lines of work, like business admin, policing, social work and accounting, are also necessary to keep daily life running. Anders notes that these workers can be considered society's problem solvers: "Think of them as a recession's essential workers." As workers lose confidence in their job security, we could see fewer people quitting in droves each month, economists say.

☆ Hiring platform HireVue uses AI to help companies speed up the job-search process — its chief growth officer explains how
▼ + stars: | 2022-12-15 | by ( Erica Sweeney | ) www.businessinsider.com time to read: +6 min

HireVue's AI platform has conducted more than 32 million interviews and 5 million assessments. This article is part of "Enterprise Tech Blueprint," a series exploring the strategies leading-edge companies use to innovate and grow. To make the interviewing process more accessible to job candidates and speed up hiring, many are turning to technology, including artificial intelligence. Companies like Amazon and Unilever are working with the hiring platform HireVue to scale and accelerate hiring. Still, more than 32 million interviews and 5 million assessments have been conducted via HireVue.

☆ LinkedIn has a fake account problem it's trying to fix. Real users are part of the solution
▼ + stars: | 2022-12-10 | by ( Bob Violino | ) www.cnbc.com time to read: +7 min

While 95.3% of those fake accounts were stopped at registration by automated defenses, according to the company, there was a nearly 28% increase in fake accounts caught compared to the previous six-month period. For these reasons it can serve the purposes of bad actors to have fake LinkedIn profiles, Khan said. "Bad actors are trying to craft fake identities and make them look real by leaving a plausible-looking digital footprint across different platforms," Khan said. The challenge for LinkedIn users is that profiles on social media platforms are easy to create and are typically not verified in any way. The model helps increase the effectiveness of LinkedIn's automated anti-abuse defenses to help detect and remove fake accounts before they can reach members.

☆ I became an Amazon product manager with no tech experience. Here's how my years as a fitness trainer helped me land the gig.
▼ + stars: | 2022-12-09 | by ( Perri Ormont Blumberg | ) www.businessinsider.com time to read: +9 min

Ridge Carpenter is a physical trainer and product manager for Halo, Amazon's fitness tracker. When he applied for the position, the only detail he knew was that the job related to fitness. Now he gets to incorporate physical training into his new role and work on cool features every day. Eventually, a colleague and mentor referred me for a job as a fitness consultant at Amazon — which led me to my job today as a product manager at Amazon Halo. Now, as a product manager, I make sure the product team knows what to build based on our overall mission and strategy.

U.S. shale production costs are soaring and there is no sign that tight-fisted investors will change their demands for returns rather than investment in expanding drilling. At Helmerich & Payne (HP.N), one of the largest drilling contractors, its R&D budget will rise only $1 million, from 2022's $27 million. The U.S. government expects overall oil production to reach a new peak next year, but it has several times this year cut its forecasts. Shale production declines rapidly after peaking compared to conventional oil wells, falling about 50% after the first year. Lower production rates are "a longer-term prospect," said Mike Oestmann, chief executive of shale producer Tall City Exploration.

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☆ Elon Musk converts some Twitter offices into bedrooms at San Francisco HQ in light of 'hardcore' ultimatum, report says
▼ + stars: | 2022-12-06 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Elon Musk has fitted out Twitter's San Francisco headquarters with bedrooms, sources told Forbes. A trash can in one of the office bedrooms already had waste inside, indicating that an employee had used the amenities, the source added. "People are already putting in late nights, so it makes sense to an extent," the source told Forbes. Twitter failed to announce or explain the reasons behind the new office bedrooms to employees, one person familiar with the situation told Forbes. "It's not a good look," one source told Forbes.

☆ Meet incoming Slack CEO Lidiane Jones, who will take over when co-founder Stewart Butterfield departs in January
▼ + stars: | 2022-12-05 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +4 min

Lidiane Jones is taking over Stewart Butterfield's role as CEO of Slack. Slack CEO Stewart Butterfield is exiting the company in January, and Salesforce has confirmed that Lidiane Jones will be his successor. "Slack will have a new CEO: Lidiane Jones. This is good: Lidiane is amazing," Butterfield wrote in the post, which was viewed and published in full by Insider. A spokesperson for Salesforce wrote in a statement to Insider that Butterfield was "instrumental" in choosing Jones as his successor.

☆ Slack CEO Butterfield to depart next month
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

Dec 5 (Reuters) - Slack Chief Executive Officer Stewart Butterfield plans to leave the workplace messaging platform in January, parent company Salesforce Inc (CRM.N) said on Monday. Lidiane Jones, who is the senior vice-president of product management for Salesforce Commerce Cloud, will take over as CEO of Slack, a company spokesperson said. Salesforce had acquired Slack last year in a nearly $28 billion deal following a massive bet that Slack's workplace app will become popular for collaborations within and between companies. Last week, Salesforce stock tumbled after co-CEO Bret Taylor's sudden exit caught Wall Street off guard and raised concerns about the merit in having two leaders. read moreReporting by Eva Mathews in Bengaluru; Editing by Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

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