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When You're Suddenly Managing More People-and Feeling Buried - Harvard Business Review (No paywall)
by Jenny Fernandez and Kathryn Landis
In today’s uncertain economic climate, organizations often flatten structures to cut costs and accelerate decision-making, eliminating layers of middle management. In 2023 and 2024 alone, companies like Meta, Google, and Amazon laid off tens of thousands of employees, consolidating roles, shrinking teams, and widening managerial spans.
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WorkWorkWorkHow HR took over the world - The Economist Bit by bit, HR is taking over corporate life. The ranks of human-resources professionals across the rich world are swelling. Their roles are expanding. And some are still insisting that you complete your unconscious-bias training. WorkWorkWorkWorkWorkWorkJapan's SoftBank sells its shares in Nvidia for $5.8 billion Japanese technology giant SoftBank says it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. Tokyo-based SoftBank Group Corp. said it sold the stake in October. It reported its profit in April-September soared to almost triple what it was a year earlier thanks to gains in its investment in Chat GPT creator OpenAI. SoftBank is a major investor in the $500 billion Stargate project in the U.S. The company's fortunes tend to fluctuate depending on its investments in a range of ventures, including through its Vision Funds. SoftBank's stocks have about doubled in the past year. They gained nearly 2% on Tuesday. WorkWorkWorkWorkCitadel Loses Another Recruiting Exec As Laura Sterner Resigns - BIAnother senior business development exec is out at hedge fund giant Citadel.Laura Sterner resigned last week as head of BD in Citadel's Global Equities unit after only two months on the job, according to people familiar with the matter, who asked to remain anonymous to discuss private information. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkSuicide bomber struck outside an Islamabad court, killing 12, interior minister says Pakistan's interior minister says a suicide bomber detonated his explosives near a police vehicle outside the gate of a district court in Islamabad, killing 12 people and wounding 27. The attack was the latest in an uptick of violence across the country as authorities have struggled with a resurgent Pakistani Taliban. Mohsin Naqvi, the interior minister, told reporters that the attacker tried to "enter the court premises but, failing to do so, targeted a police vehicle" on Tuesday. He did not blame any militant group but added that authorities are "looking into all aspects" of the attack. Naqvi said police investigators have confirmed the blast was caused by a suicide bomber. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkHow much damage did the federal shutdown do to telehealth? Mario Aguilar covers technology in health care, including artificial intelligence, virtual reality, wearable devices, telehealth, and digital therapeutics. His stories explore how tech is changing the practice of health care and the business and policy challenges to realizing tech’s promise. He’s also the co-author of the free, twice weekly STAT Health Tech newsletter. You can reach Mario on Signal at mariojoze.13. WorkWorkWorkWorkWorkMPs and BBC staff call for Robbie Gibb to leave broadcaster's board "[Board members] have different points of view," he said. "I wouldn't want a board that's guilty of groupthink, but the opposite of groupthink is different points of view. That makes the job of the chair challenging to try and organise and get consensus, but it's important that people have a diversity of opinion on the board." WorkOne-third of museums lost government funding since Trump took office, survey says A document compiled by the White House, also in August, detailed examples at seven museums that had “overly negative portrayals of US history”. Those museums included the National Museum of American History, the upcoming National Museum of the American Latino, the National Museum of Natural History, the National Museum of African Art, the National Portrait Gallery, the Smithsonian American Art Museum and the National Museum of Asian Art. WorkWorkWorkWorkWork TradeBriefs Publications are read by over 100,000 Industry Executives About Us | Advertise | Privacy PolicyUnsubscribeYou are receiving this mail because of your subscription with TradeBriefs. Our mailing address is 3110 Thomas Ave, Dallas, TX 75204, USA |
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