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Spotify CEO Daniel Ek has announced large-scale layoffs in the company. According to him, 17% of the service’s employees will be dismissed. The relevant message was published on the Spotify website. “To align Spotify with our future goals and ensure we are right-sized for the challenges ahead, I have made ... Read more

The rapid adoption of artificial intelligence may lead to lower wages, but so far it is creating rather than destroying jobs, especially for young and highly skilled professionals. This is stated in a study by the European Central Bank, writes Reuters. The ECB’s experts analyzed the labor market situation based ... Read more

Billionaire Elon Musk is convinced that people who work from home take advantage of those who do not. In his opinion, such people are also “detached from reality.” The businessman said this during a call on Tesla’s quarterly results, writes The Verge. Elon Musk expressed this opinion when discussing the ... Read more

Finnish telecommunications equipment manufacturer Nokia has announced its intention to cut up to 14,000 jobs as part of its cost-cutting efforts, reports CNBC. By the end of 2026, the company’s expenses are expected to decrease by EUR 0.8-1.2 billion. In this way, Nokia aims to increase operational efficiency to withstand ... Read more

Epic Games has announced the layoff of 16% of its employees – about 830 employees will lose their jobs. This is reported by CNBC, citing the company’s information. “For a while now, we’ve been spending way more money than we earn, investing in the next evolution of Epic and growing ... Read more

Google is cutting hundreds of jobs in its global recruiting organization. This was stated by Brian Ong, the company’s vice president of recruiting, according to CNBC. “We unfortunately need to make a significant reduction to the size of the recruiting organization,” he said during the meeting. It wasn’t an easy ... Read more

The main reason Zoom employees return to the office is to build trust among employees. This was announced by the company’s CEO Eric Yuan during a meeting on August 3, Ars Technica writes with reference to Business Insider. In his opinion, “remote work does not allow people to build trust ... Read more

Meta is going to introduce a stricter regime for employees to stay in the office. This is stated in an internal memo from the tech giant’s head of human resources Lori Goler to Meta employees, writes SFGATE with a link to Insider. Employees will have to share information about their ... Read more

The vast majority of managers regret the decision to send employees back to the office. This is evidenced by the results of a survey conducted by Envoy and Hanover Research. The study included more than 1,150 executives and managers in the United States. 80% of them said they would have ... Read more

Almost half (42%) of companies that decided to return to the office faced a higher rate of employee turnover than they expected. And almost a third (29%) of companies that have ordered to return to offices have problems with staff recruitment. This is evidenced by the data of the Unispace ... Read more

Recent graduates who have mostly taken virtual classes and worked remote internships may need to brush up on their “soft” skills, from writing an email to choosing work clothes. This is reported by Insider with reference to a report by The Wall Street Journal. Some companies and universities have already ... Read more

By 2024, 43% of companies plan to start or are already using artificial intelligence (AI) in hiring interviews. This is evidenced by the results of the survey by Resume Builder. Two-thirds of this group believe AI-powered interviews will improve hiring efficiency, and 15% say AI will be used to make ... Read more

CEO and CTO of the Bimp fintech service Dmytro Obukhov advises on how to properly write a CV and prepare for an interview in order to get a desired job. By what criteria does the employer select a candidate: It all depends on the position we select a candidate for: ... Read more

Shortly after OpenAI’s ChatGPT was released in November, Jeff Maggioncalda, CEO of online education company Coursera, started using the technology to see if it could save him time. He started using the chatbot to write company letters and notes and asked his executive assistant to try the same for preparing ... Read more

Days after mass layoffs cut 12,000 jobs at Google, hundreds of former employees have gathered in an online chat room to commiserate. They swapped theories about how management decided who to cut. Could a “mindless algorithm carefully designed not to violate any laws” choose who gets cut, one member asked ... Read more

DOU.ua published the results of its own salary survey of Ukrainian citizens. 6,773 specialists took part in the questionnaire regarding the level of monetary remuneration. The main conclusion of the survey is that after the full-scale war, the median salaries of developers have not decreased: as in six months ago, ... Read more

Most of the laid-off tech workers in the US find work shortly after starting their search, as employers continue to look for workers, according to a new ZipRecruiter survey. About 79% of workers newly hired after a tech company layoff or shutdown found a new job within three months of ... Read more

The job search site Work.ua presented a study of the salaries of Ukrainians during the war. 600 employers and 20,000 employees working in the most common positions took part in the survey. Impact of the war on the labor market: 30% of respondents lost their jobs The coronavirus epidemic and ... Read more

Since the beginning of the war 67.3% of freelancers felt a lack of projects, and 70.17% of them are dissatisfied with the level of income. At the same time, more than half of freelancers – 74.79% – receive less than $500 per month for their work, according to a study ... Read more

According to the job search site Work.ua, the number of actual vacancies increased to 40,459. In July, the labor market in western Ukraine reached 75% of last year’s figures. The labor market shows a slight recovery. In July, the number of vacancies increased by 14%. It is noteworthy that last ... Read more

IT is still considered one of the most profitable industries in Ukraine. DOU continue to monitor the development of the industry and the rewards for working in it. This time, the study concerned workers in the QA field, where this year a slight decrease in the median salary of -$100 ... Read more

Despite the full-scale war, salaries of Ukrainian developers continued to grow in the first half of 2022. This is stated in a new study of DOU , which collected 15,136 questionnaires from IT professionals, of which 7,558 questionnaires were from developers of all levels. According to the results of the ... Read more

Two former Tesla employees in Nevada are suing the company over mass layoffs. They claim that more than 500 workers were laid off without warning in 60 days, in violation of federal law. The initiators want to file a class action lawsuit and are looking for other workers who were ... Read more

With the start of a full-scale war, one of Ukraine’s largest IT companies, SoftServe, has relocated more than 4,000 workers to western regions and abroad. However, since May, the company has seen a trend of returning IT professionals to their usual locations, currently 1,082 people have returned home. Since May, ... Read more

Some workers in the UK will have more rest. The country has started testing a four-day work week. Currently, more than 70 companies and 3,300 employees are participating in the experiment. The income of the participants will not change, because for 80% of working time they will receive 100% salary. ... Read more