Around the World in 80 Interviews

Construction CEO’s Global Talent Hunt Highlights Industry Challenges

John Dexter Tilo shares a story about George Vassallo, President of Bothwell Accurate Co. Inc., a construction company. He embarked on a six-nation tour to recruit talent, visiting the United States, Philippines, Singapore, Ireland, Israel and Vietnam. Despite efforts, he found that stereotypes and immigration challenges are hindering recruitment, stating, "It's no longer a dirty thing to say ‘I work in construction.’"

Read the full article for his insights and challenges.

Google Eyes $23 Billion Deal for Cybersecurity Firm Wiz

Matt Egan and Jordan Valinsky report that 谷歌 is in advanced talks to buy cybersecurity startup Wiz for $23 billion, marking its largest acquisition ever. The acquisition could make Google's cloud security a major player against rivals Microsoft and Amazon.

Read the full article for more details.

Microsoft Cuts DEI Team, Leader Criticizes Decision

微软 laid off its diversity, equity and inclusion (DEI) team, with a leader criticizing the move as DEI is "no longer business critical." Despite pledges to boost diversity, Microsoft joins other tech firms like Zoom and 谷歌 in scaling back DEI efforts.

Learn more here.

Salesforce Cuts 300 Jobs in Latest Round of Layoffs

Salesforce has cut 300 jobs in its second round of layoffs this year, following the elimination of 700 roles earlier. The move is part of an ongoing effort to streamline operations and refocus investments, especially towards AI.

Read more details in the full story.

Wage Growth Stabilizes Amid Economic Slowdown

Kathryn Moody reports that wage growth has stabilized at 3.1%, aligning with pre-pandemic averages, according to Indeed Hiring Lab. Despite this, rising unemployment rates and revised job gains signal a cooling economy.

Learn more insight here.

UK Businesses Adapt Hiring Amid Economic Instability

Rufus Hood discusses the results of a survey from Coople UK that revealed 82% of UK businesses discuss economic challenges with staff, with 25% implementing redundancies and 19% pausing hiring. Younger and London-based leaders are more likely to use freelancers and contractors.

Read more insights from their survey here.

Robert Walters Q2 Net Fees Drop 12% Amid Market Rebase

International recruitment firm 华德士 reported a 12% drop in Q2 net fee income due to ongoing market adjustments post-pandemic. CEO Toby Fowlston stated, "This period of market adjustment is longer than expected, with macroeconomic turbulence and political uncertainty restraining client and candidate confidence."

Read the full article for more info.

Embracing Change: Adapting to Tech-Driven Career Shifts

Diane Duenez, M.A. and Lauren Magarino report on how technological advancements are reshaping workforce needs, causing many Americans to reassess their career choices. Aaron Duncan, Ph.D. of University of Denver - Daniels College of Business advises, "Embrace the change. Get actively involved, have a digital mindset and understand it's a tool."

Learn more in the full story from Scripps Networks Interactive .

C-Suite Power Duo Discuss AI Workplace Revolution

AI's rise is transforming workplace dynamics, with CHROs like Jacqui Canney of ServiceNow , a digital workflow company, urging a realignment of people strategies to business goals. Josh Bersin of the Josh Bersin Academy , the world's first global professional development Academy for HR, highlights the increased importance of CHROs, noting their crucial role in AI initiatives, productivity programs and culture changes.

Read the full article for more insights.