Savings

Googlers prize 'psychological safety,' but it won't save them from layoffs

10 days ago   |   By Business Insider

Google is cutting 6% of its workforce. Getty Images
Some Google employees said the company's layoffs violated its commitment to psychological safety.
But psychological safety describes the freedom to take risks and make mistakes - not job security.
Still, Google's handling of the layoffs may hurt trust and innovation within the organization.
Few companies can guarantee employees that they'll have jobs forever - even Google. The tech behemoth has long been touted as one of the best workplaces in the US. And according to the company , that's in part because it cultivates " psychological...
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Microsoft And Amazon To Layoff A Total Of 28,000 Employees - Why We Are Seeing Some Of The Highest Layoffs In Tech History

10 days ago   |   By Forbes

Microsoft and Amazon are the latest tech companies to announce major layoffs. Here's what it means for workers and investors.
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A major Alphabet investor said the company should cut even more jobs and address 'excessive' pay in the wake of mass layoffs

10 days ago   |   By Business Insider

Alphabet CEO Sundar Pichai. KENZO TRIBOUILLARD/AFP via Getty Images
Alphabet investor TCI is urging the company to "go further" in cutting jobs and reducing spend.
A letter from TCI to CEO Sundar Pichai said "excessive employee compensation" should be addressed.
Google's parent company announced on Friday that it was cutting around 12,000 roles.
A major Alphabet investor urged Google's parent to cut more jobs and reduce staff pay on the same day it announced it would lay off around 12,000 staff. The Children's Investment Fund Management wrote a letter to Alphabet and Google CEO Sundar...
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EU will face fuel shortages and soaring energy prices - Hungary

EU will face fuel shortages and soaring energy prices - Hungary

The bloc agreed a price cap on Russian oil products earlier this week following heated debate EU member states will inevitably be hit by fuel shortages and skyrocketing energy... Read more ...

Schedule for Week of February 5, 2023

Schedule for Week of February 5, 2023

This will be light week for economic data. The key report this week is the December trade deficit. --- Monday, February 6th --- No major economic releases scheduled... Read more ...

Don't Be Stupid - The U.S. Economy Actually LOST 2.5 Million Jobs Last Month

Don't Be Stupid - The U.S. Economy Actually LOST 2.5 Million Jobs Last Month

I can't take it anymore. Fake numbers that are released by the government get turned into fake news by the corporate media, and many Americans don't even realize that they are... Read more ...

EU will face supply shortages after Russian oil ban - Bloomberg

EU will face supply shortages after Russian oil ban - Bloomberg

New refineries in the Middle East are reportedly facing delays With a looming ban on the supply of Russian petroleum products, the European Union needs to find alternative... Read more ...

A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

A jury clears Elon Musk of wrongdoing related to 2018 Tesla tweets

The verdict by the nine jurors was reached after less than two hours of deliberation following a three-week trial and represents a major vindication for Musk. Read more ...

EU agrees on new price caps for Russian oil

EU agrees on new price caps for Russian oil

Limits on refined oil products will go into effect on February 5 The European Union will set the price of refined petroleum products imported from Russia at $100 per barrel for... Read more ...

Lawler: Net Home Orders and Sales Cancellations of Large Publicly-Traded...

Lawler: Net Home Orders and Sales Cancellations of Large Publicly-Traded Home Builders

Today, in the Calculated Risk Real Estate Newsletter: Lawler: Net Home Orders and Sales Cancellations of Large Publicly-Traded Home Builders A brief excerpt: Note from Bill... Read more ...

US adds a surprisingly strong 517,000 jobs despite Fed hikes

US adds a surprisingly strong 517,000 jobs despite Fed hikes

U.S. employers added a robust 517,000 jobs in January in a sign of a still-strong labor market despite Fed rate hikes. Read more ...

Fact sheet: Employers are charged with violating federal law in nearly 40%...

Fact sheet: Employers are charged with violating federal law in nearly 40% of union elections

Employers regularly employ illegal tactics to suppress unions. An analysis of the latest government data on unfair labor practice charges and union elections shows that... Read more ...

A call for data-first security

A call for data-first security

Massive data breaches and data leaks occur all too often. It's time for a new evolution of cybersecurity: data-first security. Here's why: Read more ...