Tech Headwinds Continue

Tech Headwinds Continue

Hello and welcome back to the Journal's newsletter about the rapidly changing world of work and how to get ahead in your career.

In this edition, we take a look at the latest tech hangups, how generative AI programs are changing the business landscape, the rise of fractional executives and more.

This is a short version of The Wall Street Journal’s Careers & Leadership newsletter. Sign up here to get the full edition in your inbox every week.


Tech Headwinds Continue

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ELAINE THOMPSON/ASSOCIATED PRESS

Facebook parent Meta gave thousands of employees subpar ratings in recent performance reviews, a signal that more job cuts may be on the way. Amazon corporate workers are facing a significant pay reduction after a steep decline in the company’s shares. Google will go before the U.S. Supreme Court this week to defend immunity granted to its platforms as part of Section 230.?And Twitter faces suits claiming?$14 million in unpaid bills.

It's a bad time to be a tech behemoth.?

  • Laid-Off Tech Workers Seek Leverage on the Way Out (Read)
  • Big Layoffs Don't Always Mean Significantly Smaller Companies (Read)


From CEOs to Coders, Employees Experiment With New AI Programs

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NICOLAS ORTEGA

Business people across industries are testing out tech’s new frontier: so-called generative AI programs that produce writing, images and art much like humans do. ChatGPT’s release has sparked a rush of early adopters eager to speed up tasks or avoid being left behind

Adapt or die trying.


As Home Sales Slow, Realtors Go Back to Their Other Jobs

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JUSTIN T. GELLERSON FOR THE WALL STREET JOURNAL

Like the housing boom, the boom in people becoming real-estate agents is ending. Realtors are now competing for a slice of far fewer transactions, an especially challenging task for newer agents. Some say they are going back to other work, expecting to return when the market recovers. Others are shutting the door on the profession entirely.??

Not the closing they were hoping for.

  • Office Landlord Defaults Are Escalating (Read)


Elsewhere in The Wall Street Journal

Check out some of the Journal’s other best-read stories on work life and the office over the past week:

  • Idaho, Utah Workers Led U.S. in Quitting Jobs, While New Yorkers Largely Stayed Put (Read)
  • Your Next Career Move: Part-Time Executive (Read)
  • After Testing Four-Day Week, Companies Say They Don’t Want to Stop (Read)


This is a condensed version of WSJ’s Careers & Leadership newsletter. Sign up here to get the WSJ’s comprehensive work coverage in your inbox each week.

This newsletter was curated by Gretchen Tarrant, WSJ Producer. Let us know what you think by dropping us a note at [email protected].?

Roman Ischenko, PhD

Founder @ Raised – AI-driven recruiting | 500 Global Alum

1 年

Exciting read! I truly believe that the three highlighted trends are closely intertwined. Firstly, with tech layoffs, we see a release of talented individuals who become interested in fractional opportunities while seeking new full-time positions. Secondly, the development of AI plays a pivotal role in facilitating fractional leadership by streamlining routine tasks and processes. This empowers leaders to focus on higher-level strategic thinking and decision-making. Through automating repetitive tasks, AI enables leaders to take on fractional leadership roles and contribute to multiple projects simultaneously. Looking forward to staying updated with more insightful content like this! #hrtech #fractionalexecutive #freelance #futureofwork #artificialintelligence

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Archana A Mukherjee

Indian , Engineer , Production and Operations Management Professional

2 年

Read

Ray Duque III, GMBD

Retired Accountant in the USA and Former Character Actor in the Philippines in the 1960s

2 年

Thank you for posting.

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Thanks for posting

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