Why Are Gen Z Job Seekers Ghosting Employers?

Recommendable, but how much is hype and how much is real? Or what is the missing part here?

(241) Why Are Gen Z Job Seekers Ghosting Employers? | Vantage on Firstpost | 4K - YouTube

Wipro and other companies Brings in Activity Monitor for work from home Employees as Firms Monitor Employees

Certainly concerning!

(233) Wipro Brings in Activity Monitor for Employees as Tech Firms Monitor Employees | Vantage | 4K - YouTube

Is Your Company Spying on You? The Truth Behind Productivity Tools with Palki Sharma

Recommendable! Food for thought! This or similar question has been raised many times for the last 30 years or so with every advance of technology.

US employers have a message: Use AI or you’re fired.

Sometimes, the Wall Street Journal is a little blunt!

However, a massive and rapid push to adopt ML & AI by companies is probably real! Competitors are moving fast to gain an advantage.

"From professional-services firms to technology companies, employers are pushing their staffs to learn generative AI and integrate programs like ChatGPT, Gemini or customized company-specific tools into their work. They’re sometimes using sticks rather than carrots. Anyone deemed untrainable or seen as dragging their feet risks being weeded out of hiring processes, marked down in performance reviews or laid off."

The Wall Street Journal What's news

Stanford U: After DEI controversies, companies talk up diversity – but hiring tells a different story. Really!

This Stanford U business school study seems dubious anyway. It focused only on "over nearly 1,300 diversity, equity, and inclusion-related controversies at 315 U.S. public companies from 2008 to 2022, tracking their hiring and retention data and market performance after each incident."

Since when is the skin color of the employees of a company profitable? A different skin color does not mean more sales, better products etc.!

It would be quite foolish for any company to rely on DEI hiring to improve business! Sometimes it pays not to walk the talk! 😊

When will this DEI ideology be finally dumped on the dustbin of history, where it belongs for a long time!

This study shows the disconnect of the  Stanford Graduate School of Business with reality! 

"In brief

• Stanford GSB professor David Larcker and colleagues analyzed DEI controversies at 315 U.S. public companies from 2008 to 2022 for hiring and retention data.
• The study found minimal increases in diversity hiring following DEI-related controversies, primarily in junior and low-paying roles.
• Findings indicate a disconnect [???] between companies’ DEI messaging and actual hiring practices, indicating shortcomings in corporate diversity strategies [???].

..."

After DEI controversies, companies talk up diversity – but hiring tells a different story | Stanford Report "Corporate HR data reveals that many responses to public scrutiny are superficial, a trend researchers call “DEI washing.”"

Coinbase CEO explains why he fired engineers who didn’t try AI immediately

What an extremist, drastic CEO! Did he himself try AI immediately? Maybe it has something to do with his last name?

The article does not mention how many engineers were fired, only "While it doesn’t sound like very many people were fired".

"... But those who refused to try the tools when Coinbase bought enterprise licenses for GitHub Copilot and Cursor got promptly fired, CEO Brian Armstrong said this week on John Collison’s podcast “Cheeky Pint.” ..."

Coinbase CEO explains why he fired engineers who didn’t try AI immediately | TechCrunch

Coinbase CEO says he 'went rogue' and fired some employees who didn't adopt AI after being told to

CEO Brian Armstrong

Polish AI insurtech startup Ominimo bags its first investment at a $220M valuation and gives employees autonomy to innovate

Good news!

"How do you get talented engineers to work for a startup in a mundane field at a time when more exciting companies are paying well and hiring aggressively? Here’s an answer from one insurance startup out of Poland called Ominimo: make pay competitive, but more importantly, give those engineers the license to apply their talent and reinvent how the field works. 

Launched on a bootstrapped budget just 12 months ago, Ominimo believes it’s found a different and better approach to understanding and pricing risk. The company says it’s already profitable and growing fast, with 300,000 policies signed up in its first market of Hungary. Now, to fuel its next stage of life, it’s taking its first outside investment from a strategic backer, Zurich Insurance Group. ..."

AI insurtech Ominimo bags its first investment at a $220M valuation | TechCrunch

Forklifts hurt thousands of US workers each year. Factories are seeking alternatives

Incredible!

"Some of America’s biggest manufacturers are backing away from forklifts. The vehicles have been integral to factories and warehouses for more than a century, but now companies are aspiring to go “forklift-free” to improve productivity and safety. Federal statistics show that each year around 7,500 workers are injured in forklift-related collisions, tip-overs and other mishaps, while nearly 100 are killed. Mercedes-Benz has been trying to reduce forklifts in its U.S. plants since 2018, replacing some with autonomous vehicles. Whirlpool’s washing-machine factory in Clyde, Ohio, uses robotic tuggers to deliver parts to assembly-line workers."

The Wall Street Journal What's news

Chart of the day

I bet Canada is not the only Western country with such a lopsided development of employment between the government and private sector!

A few days ago, I blogged here about how the U.S. government manipulates the employment statistics and how government hiring was the major driver of employment gains.

Source

 

A Japanese anime studio hires and trains autism artists

Recommendable! Seems to be an interesting approach.

Der bekannteste Bankräuber der Schweiz kämpft um seinen Job als Müllmann

Karrieren in der Schweiz! Nicht alle Schweizer sind Banker! 😊

Der berühmteste Bankräuber der Schweiz hat als Müllmann seinen Frieden gefunden. Doch jetzt verweigert die Stadt Zürich Hugo Portmann die Weiterbeschäftigung Die Stadt rühmt sich als Arbeitgeberin über die Pensionierung hinaus. Aber das Angebot gilt nicht für alle.

U.S. Supreme Court’s 9-0 Ruling Lowers Bar for Filing Anti-DEI Discrimination Lawsuits

Good news!

"... Muldrow v. City of St. Louis was a case about a female police officer who alleged that she was transferred from one department to another because of her sex. She argued that the transfer violated Title VII of the Civil Rights Act, which forbids “race, color, religion, sex, or national origin” discrimination with respect to employment “compensation, terms, conditions, or privileges.”

She lost in the lower court because she could not show that the transfer caused her “significant” harm. The lower court held that the transfer “did not result in a diminution to her title, salary, or benefits” and caused “only minor changes in [her] working conditions.”

A unanimous Supreme Court reversed, holding that any harm—whether significant or insignificant—satisfies Title VII. ..."

High Court's Decision Lowers Bar for Filing Anti-DEI Bias Lawsuits