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Why American Workers Are So Unhappy – And What You Can Do About It

If you’re unhappy at work, you might be consoled to know you’re not alone. On paper, things look good. Wages are higher than ever, remote and hybrid working is commonplace, while more and more organizations are introducing and expanding PTO, alongside other benefits and perks. However, Gallup’s State of the Global Workforce, which surveys over…
United States National Association Of Clean Water Agencies Communications Public Affairs Committee Global Workforce Hill Jobs Board National Association
Source: yahoo.com

Okta lays off 400 employees — almost exactly a year after last staff cuts

U.S. access and identity management giant Okta has said it is laying off approximately 400 employees, or 7% of its global workforce. The layoffs come almost exactly a year to the day after Okta announced plans to reduce its workforce by 5%, about 300 employees. In an email sent to employees, which Okta shared with TechCrunch, Okta chief executive Todd McKinnon said that the decision was necessary for the San Francisco-based organization to grow profitably.
Todd Mckinnon San Francisco Based Kyrk Storer Global Workforce Todd Mckinnon
Source: yahoo.com

Novavax to cut 12% of its global workforce

The company said the job cuts would impact both full-time employees and contractors. Once completed, Novavax's workforce would be about 30% lower compared to its workforce at the end of the first quarter of 2023. The vaccine maker had 1,992 full-time employees as of Feb. 21, 2023, according to the latest annual regulatory filing.
United States Saumyadeb Chakrabarty Bhanvi Satija Shweta Agarwal Global Workforce
Source: yahoo.com

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Factbox-US financial giants shedding jobs in 2024

Their actions highlight challenges stemming from tighter monetary policy and follow a year of massive layoffs on Wall Street. The digital payments giant is planning to cut about 2,500 jobs, or 9% of its global workforce, in 2024. CEO Alex Chriss said the decision to right-size the business was taken "to move with the speed needed to deliver for our customers and drive profitable growth."
Alex Chriss Jack Dorsey Niket Nishant Paypal Holdings Block Inc Pal Holdings
Source: yahoo.com

Tencent CEO Pony Ma Shifts Focus to AI as Gaming Faces Tough Competition, Reveals New Plans

Tencent Holding Ltd’s (OTC:TCEHY) CEO, Pony Ma, acknowledges the gaming industry’s significant challenges while highlighting progress in AI development. At Tencent’s annual meeting in Shenzhen, Ma admitted that the company had become complacent in its gaming sector, allowing competitors to release new, successful games. The company, along with peers like Alibaba Group Holding Limited (NYSE:BABA), noted a significant reduction in their external investments as the economy batt...
Bytedance Douyin Alibaba Group Holding Netease Inc Eggy Party Tencent Holding Ltd Alibaba Group Holding Limited
Source: yahoo.com

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