Wiz Walks Away from $23 Billion Acquisition While Metric Secures Millions - Today in TA

Wiz Rejects Google’s $23B Acquisition Offer: CEO’s Note to Employees

Cybersecurity startup Wiz has declined Alphabet Inc.'s $23 billion acquisition offer, choosing to stay independent despite the substantial premium over its $12 billion valuation. CEO Assaf Rappaport expressed confidence in the company's future milestones, including reaching $1 billion in ARR and pursuing an IPO.

“Saying no to such humbling offers is tough, but with our exceptional team, I feel confident in making that choice,” wrote Assaf Rappaport, CEO of Wiz.

Read the full article to see the CEO's complete note to employees.

Metric Secures Multi-Million BGF Investment to Drive U.S. Growth

Specialist recruitment company Metric has secured a multi-million-pound investment from BGF to expand its U.S. operations. Founded by Joe Jani in 2019, Metric excels in sourcing technical talent in the life sciences and energy sectors.

“The U.S. recruitment market as a whole has vast potential and will play a crucial role in helping us to accelerate our growth ambitions,” said Joe Jani, CEO of Metric.

Read the full article to learn more.

Will the New Fire and Rehire Code Make a Difference?

The new statutory Code of Practice on “dismissal and re-engagement” came into effect on July 18. This code aims to regulate fire and rehire practices, allowing courts to increase compensation by 25% for non-compliant employers. It encourages meaningful discussions and consultations with trade unions.

"While these reforms aim to safeguard employee rights, the practical implementation remains unclear," said Robert Forsyth, partner at Michelmores.

Read the full story to understand the potential impact.

Strategies to Make Your Company Culture Stand Out and Attract Top Talent

In a competitive job market, your company’s culture can be a critical factor in attracting and retaining top talent. Fast Company Executive Board members share 19 strategies to help your organization stand out. Here are three key takeaways:

1. Dedicate Funds to Employee Engagement: "These experiences are how employees grow as individuals, leaders, and professionals," says Timothy G. Wenhold , COO at Power Home Remodeling .
2. Seek to Fill Any Culture Gaps: Caitlin MacGregor , CEO of Plum emphasizes the importance of a 360-degree view into talent pools to improve recruitment marketing authentically.
3. Offer Personalized Programs and Flexible Policies: "Employers who address the increasing demands of employees through personalized programs and flexible policies will reap the business rewards," notes Jeff Moses , CEO of WorkForce Software .

Learn more about enhancing your company culture in the full article.

Navigate New UK Employment Laws with These Essential Steps

Chris Hughes ,VP for EMEA Recruitment , Legal & International Compliance at Magnit, outlines five essential steps for organizations to navigate new UK employment laws:

1. Stay ahead by reviewing party manifestos and proposed policies.
2. Conduct audits to align your current practices with potential new requirements.
3. Gain insights and guidance on compliance strategies by consulting with third-party experts.
4. Establish monitoring systems and appoint compliance officers for a swift implementation.
5. Maintain ongoing awareness by regularly reviewing policies and staying updated with legal changes.

Read the full article for detailed strategies to prepare your organization.

3 Key Moments in New Hire Onboarding to Boost Retention

Effective onboarding is critical for retaining new hires and ensuring their long-term success. Caroline Ogawa , Director of Research at Gartner , highlights three essential moments in onboarding:

1. Engage new hires with personalized communications and support before their first day.
2. Facilitate collaborative projects and social interactions in the first few weeks to build relationships and trust.
3. Provide frequent feedback and recognize achievements to help new hires feel valued and confident in their roles.

Discover more strategies for successful onboarding in the full article.

Cohere Raises $500M to Lead Generative AI Market

Generative AI startup Cohere has raised $500 million from investors, bringing its valuation to $5.5 billion. Cohere, founded by ex-Google researchers, focuses on enterprise AI solutions and plans to double its headcount this year.

“Cohere is laser-focused on leading the AI industry beyond esoteric benchmarks to deliver real-world benefits in the daily workflows of global businesses,” said Josh Gartner , Head of Communications at Cohere.

Read the full story for more.

Why DE&I Matters: Building an Inclusive Tech Workplace

Creating an inclusive tech workplace goes beyond fairness—it's a strategic advantage. Embracing Diversity, Equity, and Inclusion (DE&I) leads to:

1. Unique viewpoints that drive creative solutions and prevent blind spots,
2. Reaching untapped talent to improve hiring and bring fresh skills,
3. Leadership-driven policies that foster a supportive and balanced work environment.

Learn more here.

Robert Half Urges Employers to Look Beyond Tech Skills for AI Talent

Staffing firm Robert Half advises employers to look beyond technical skills when hiring for AI roles. They emphasize the importance of soft skills such as collaboration and critical thinking in developing AI talent.

“Gen AI talent are the new in-demand workers that are being sought after across a range of sectors,” said Madeleine Barnes , Senior Talent Solutions Manager at Robert Half.

Learn more in the full article.