Wrong place, wrong time: How things went so badly for Twitter’s new CEO so quickly

When Parag Agrawal took over as Twitter’s CEO last November following co-founder Jack Dorsey’s surprise resignation from the role, he was little known outside the company.

Ten months later, Agrawal has featured prominently in a whistleblower disclosure, been rebuked by name in a Congressional hearing and fielded criticism from the world’s richest man (and his possible future boss) both publicly and privately. READ MORE

GM delays return-to-office mandate after employee backlash

General Motors is conducting damage control around its return-to-office plans after a Friday afternoon message to employees spurred backlash and confusion.

The company’s senior leadership team on Friday said corporate workers would be required to return to physical locations at least three days a week, beginning later this year, in what the company called an evolution of its current remote work policies. READ MORE

The Fed's war on inflation could cost the US economy 1M jobs

The Federal Reserve is escalating its fight against inflation with a series of supersized interest rate hikes that threaten to do some serious damage to the U.S. economy and the labor market. 

At their two-day meeting last week, central bank policymakers approved the third straight 75 basis point rate hike and released quarterly economic forecasts that show they expect unemployment to climb significantly higher in coming months.  READ MORE

Half of Americans think they’ll leave job within next year, flexibility major reason why

Is working from home the ultimate job perk? About two in five Americans say they’re living the dream by working remotely, while less than one in 10 wish to work on-location full time. That’s according to a new poll of 2,000 employed Americans which reveals that if given the opportunity to build their dream schedule, 42 percent would opt for mostly remote work with occasional days in-office. READ MORE

Google CEO says employees shouldn't 'equate fun with money’

Google CEO Sundar Pichai urged his employees not to "equate fun with money" during a company-wide town hall event last week.

Pichai made the comments after employees complained that Google was restricting benefits for travel, as well as on-site entertainment and other perks, according to a recording of the meeting obtained by CNBC. The employees argued the company was "nickel-and-diming" them even as Google sees record-breaking profits. READ MORE

Secret 'overemployment' grows as a remote work trend, but risks are involved

Some remote workers are juggling two full-time jobs as the "overemployed" movement gains steam online, thanks to social media platforms like Reddit.

The Overemployed subreddit, which was begun in May 2021 and is the public-facing forum of Overemployed.com, has grown to 92,800 members.

At the start of 2022, the subreddit had roughly 6,389 members, according to Subreddit Stats, a website that tracks subreddit growth. READ MORE

In a Crisis, Great Leaders Prioritize Listening

How leaders navigate a crisis — big or small — has an enormous influence over the impact that crisis will have on their organization, not to mention the personal impact it will have on the people and leadership of that organization, in its aftermath. The pandemic — a crisis on a global scale — created a series of smaller crises for organizations worldwide. Some floundered at this immediate disruption. Others emerged more resilient than before. READ MORE

Who are America’s missing workers?

As the United States emerges from the pandemic, employers have been desperate to hire. But while demand for goods and services has rebounded, the supply of labor has fallen short, holding back the economy.

More than two years after the COVID-19 recession officially ended, some sectors haven’t found the workers they need to operate at capacity. Only in August did the workforce return to its pre-pandemic size, which is millions short of where it would have been had it continued to grow at its pre-pandemic rate. READ MORE