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Fed Beige Book: Employers are leaning on AI, freezing hiring, changing hours to avoid layoffs

If a company wants to reduce its headcount, there are several levers it can pull. It could freeze hiring in order not to grow any further, or when people leave the business, their roles may not be filled. In 2025, there’s another option: Use AI to replace some of the roles managers would have otherwise … Read more

Mark Cuban called for workers to get a slice of their employers’ $33 trillion success—now, Samsung is awarding shares to staff for the first time

Billionaire Mark Cuban says it’s time workers got a cut of their company’s success—as executives see their wealth hit record highs. And luckily for Samsung employees, that shift is happening for the first time.  The global tech giant will now award shares and bonuses based on stock price to its employees outside of just corner … Read more

How an M&A-driven day nursery became one of Europe’s top employers 

In 2008, new parent Clare Roberts was struggling to find a suitable nursery, so she opened her own, Kids Planet. Right from the start, she knew that an engaged team would be critical for success, particularly in a sector with historically low pay and—as anyone who’s tried to look after more than two children at … Read more

Trump sued over $100k H-1B visa fee that has ‘thrown employers, workers and federal agencies into chaos’

In what appears to be the first major challenge to the new $100,000 fee required for H-1B visa applications, a coalition of health care providers, religious groups, university professors and others filed a federal lawsuit Friday to stop the plan, saying it has “thrown employers, workers and federal agencies into chaos.” President Donald Trump signed a proclamation … Read more

‘I would beg the president’: Jamie Dimon, one of Wall Street’s top H-1B visa users, predicts ‘pushback’ because big employers need top expertise

JPMorgan Chase CEO Jamie Dimon isn’t completely sold on President Donald Trump’s move to impose hurdles on skilled foreign workers entering the U.S. Trump announced in an executive order a $100,000 fee for H-1B visas, which let U.S. employers temporarily hire non-U.S. workers, typically for specialized tech-sector jobs. The fresh six-figure, one-time fee will apply … Read more

Employers are dishing out quiet promotions: fancy new job roles without the title or pay

Meet the budget-friendly promotion: more work, same pay. It’s a common phenomenon for many workers. One day you’re updating spreadsheets and shadowing meetings. Next, you’re suddenly scheduling boardroom calls and taking on a team of your own. The responsibility piles on, but your paycheck still looks grim when it comes to splurging on the weekends. … Read more

AI skills are in high demand — and employers are willing to pay a premium for them

Artificial intelligence technology concept with text AI on electronic circuit board. Teera Konakan | Moment | Getty Images While there’s mounting concerns that artificial intelligence is replacing jobs, it’s not all bad news for the labor market, particularly for workers with AI skills. Rather than replacing roles with AI, many companies are hiring workers who … Read more

Developer gets prison time for sabotaging former employer’s network with a ‘kill switch’

A former software developer has been sentenced to four years in prison for sabotaging his former employer’s network after leaving the company. Davis Lu, 55, was convicted of installing a “kill switch” on the network of his former employer by planting malicious code designed to crash its servers in the event that he was fired. … Read more

CEOs at America’s 100 largest low-wage employers are paid 632 times more than the average worker, study finds

A new report from the Institute for Policy Studies reveals that executive compensation at the country’s 100 largest low-wage employers—dubbed the “Low-Wage 100”—has reached unprecedented heights, with CEOs taking home astronomical pay packages while typical workers’ wages stagnate or even decline. This annual “Executive Excess” analysis scrutinizes six years of pay and investment trends at … Read more

Employers, beware: Gen Z is the ‘pragmatic generation’ redefining success, seeing money as just a means to an end, landmark survey says

A seismic generational shift is underway, and its epicenter is Generation Z. Born from 1997 onward, Gen Z is coming of age in a world where traditional milestones like landing a lifelong job, buying a house in your 20s, or chasing wealth for its own sake have become difficult, or borderline impossible, in the modern … Read more

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