Wayfair, the online home goods retailer, announced today it was laying off close to 900 employees as a way to reprioritize investment needs and meet the company’s current needs. This comes after the
Our best-practice advice to CEOs is to cut deep enough that they are confident there will not be a second round in the next few months.
In an economic climate like this, layoffs are a necessary evil. But what most founders don't realize is that you shouldn’t just optimize for efficiency — you must treat people with respect.
When I arrived in the U.S., I applied to countless IT jobs, from customer service to computer repair. Every company rejected me before they even gave me the chance to show what I could do.
Misconceptions about AI in the workplace have long been a barrier to widespread adoption — but companies experiencing labor shortages should consider where it can make their employees' lives better.
Israel’s retrain.ai, which uses AI and machine learning to read job boards at scale and gain insight into where the job market is going, has closed a $9 million Series A led by Square Peg. Since ret
The coronavirus outbreak, elections and Zoom meetings were on the minds of U.S. consumers this year, according to Google’s list of the U.S. top trending searches in 2020, released this morning.
Back in March, Headspace announced that it would offer free content to all COVID-19 front-line responders. Now the meditation app is expanding the offer to include all unemployed people in the U.S. Yo
When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were l
Domestic stocks rose today in the United States, with all major indices opening higher. TechCrunch has slowed its daily coverage of the US stock market as volatility has receded. We try to avoid cover
After a sharp Monday rally seemingly built on optimism that the impact of the global pandemic may have reached its zenith in Europe — and indeed that the United States might see a lower infectio
A massive bipartisan effort to provide relief to a U.S. economy on ice just leapt over its last major hurdle. On Friday, the House of Representatives passed a historic stimulus package known as the Co
Even as the Trump Administration calls for states to not release unemployment data for the month of March, Goldman Sachs on Thursday issued its own predictions on the jobs market and the broader healt
Earlier today, San Francisco Mayor London Breed announced a shelter-in-place order in an attempt to slow the spread of COVID-19. The order legally requires people to stay home as much as possible unle
A number of startups are rethinking how hiring should work, because while many employers require a college degree for a job, the fact is that most of the skills needed to perform those jobs aren't tau
Facebook today announced Community Boost. Facebook tells me it's investing tens of millions of dollars into the program that will travel to 30 cities around the U.S. in 2018. It will teach digital job
Office closures don’t just mean unemployment and uncertainty, they can lead to new opportunities. That’s the case for Mighty Bear Games, a Singapore-based games studio that grew out of the
When it comes to technology’s impact on the economy, there continues to be concern that robots and other advances will lead to unemployment. But what does history really tell us about the impact of
Those of us interested in marketplace lending have recently observed many pejorative headlines about P2P lending platforms, which mostly reported on Lending Club’s recent difficulties, but also crit
Humans are nothing if not contrary. Technology destroying jobs is something most Americans accept will happen within their lifetimes, according to a new study by the Pew Research Center, just not to t
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