Job

2023 - 2 - 8

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Now could be the perfect time to find a new job in the US (World Economic Forum)

There are twice as many job openings in the US as unemployed people, and a survey shows that around half of job seekers are getting hired within a month.

She's finding it hard to land a job in part because she's seeing jobs advertised that want many years of experience for an entry-level position. "If I could have had a crystal ball and seen what six months later was going to be like, I wouldn't have done it," Kristen said. "Right now we see that workers still have a lot of bargaining power," Cory Stahle, an economist at Indeed, told Insider in January. In the thriving labor market, people aren't staying out of work for long. While the time workers stay unemployed has dropped, the number of workers quitting their jobs continues to skyrocket. "As of the December report, leading recession indicators in the jobs report were looking worrying," Pollak said. "If I was a job seeker I would think this is still a job seekers' labor market," Nick Bunker, economic research director for North America at Indeed Hiring Lab, told Insider. The US saw 517,000 jobs added in January and the unemployment rate is at the lowest point in over 50 years. "Despite recession fears, it appears to be the best job seeker's market in over 50 years," she said. But this is still very much a labor market that's giving lots of advantages to people who are looking for new work." "Business is business, so I understood that sometimes for the sake of being able to go forward, businesses do have to make these choices," Lazenby said. She isn't the only recent job seeker who has rapidly found a new role.

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Dangers of oversharing your job on social media (Business Daily)

In today's workplaces, social media platforms have increasingly become important tools for employees' career promotion and well-being.

“Be prudent and conscious when sharing your information publicly. “Attention seeking is a pandemic that continuously feeds on people who want their 15 minutes of fame. “When you start receiving unsolicited calls, emails, or inquiries from unidentifiable sources. Ask yourself if you have conducted the necessary checks and in the case of leaking of information, will you be comfortable about the information that you have shared.” One common usage of social media has been as a ‘safe place’ for venting out job frustrations. “The information that you share is warmly received and appreciated by others, you develop the tendency to share more due to a feel-good feeling known as dopamine that gives a sudden rush or burst of happiness.”

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How CRB listing after break-up with lover cost banker her job (The Standard)

Her partner led her to take loans but when their love hit the rocks, the man defaulted. [iStockphoto]. Teresa Nyangi regrets her decision to take a loan ...

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Eltezzy: I paid 80k for a nonexistent job (The Standard)

Music maestro Eltezzy artiste (Planet Gim) started this year with a bang after signing a lucrative deal and he is optimistic that 2023 will be big for him.

- Employer: Kericho - Status: Active - Employer: Nairobi - Contract: Temporally The State has you in mindMONEYBy Harold Ayodo23 hrs ago](https://www.standardmedia.co.ke/thenairobian/money/2001466673/want-to-own-a-home-the-state-has-you-in-mind) [Yes, it is possible to predict your date of deathHEALTHBy Dr Alfred Murage1 day ago](https://www.standardmedia.co.ke/thenairobian/health/2001466608/yes-it-is-possible-to-predict-your-date-of-death) [African politicians are mortal like everyone elsePoliticsBy Cosmas Butunyi1 day ago](https://www.standardmedia.co.ke/thenairobian/politics/2001466617/african-politicians-are-mortal-like-everyone-else) [DIGGER MOTORS](https://motors.digger.co.ke/) [DIGGER REAL ESTATE](https://realestate.digger.co.ke/) - Employer: BRIGHTERMONDAY CONSULTING From that day he decided to stick to his craft. - Contract: Permanent “After paying the cash I went to a follow up the following Monday, to my shock found the office vacant,” he says. “The deal looked too good and I figured I would make such a kill.” Riding the airwaves with his single ‘Ibambe’, Eltezzy was born and bred in Nairobi. - KES 2,600,000

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Biden urges GOP lawmakers to 'finish the job' and takes a few ... (Politico)

President Joe Biden used Tuesday night's State of the Union to urge a newly divided Congress to “finish the job” to help the nation through a series of ...

A year ago, in the wake of a surge of violent crime, Biden emphatically declared, “We should all agree the answer is not to defund the police. But that brought another uproar from Republicans, including a shout at Biden of “it’s your fault” about the fentanyl death. Biden vowed to veto any efforts to raise the price of prescription drugs, which his Inflation Reduction Act lowered for Medicare beneficiaries. The new Speaker has already delivered his objections on both, setting up standoffs on issues that Biden has declared essential to the future of democracy at home and abroad. Any State of the Union is of the moment, reflecting a nation’s internal strife. Though some of his criticisms of the GOP were implicit, Biden made direct calls in his speech for partisan politics to be set aside for two important priorities: lifting the federal debt ceiling and continuing to fund Ukraine in its defense against Russia. It was, they noted, a “unity agenda” similar to the approach that Biden took during his 2020 campaign, where he tried to avoid the daily political firestorms engulfing Trump, pledged to make politics less omnipresent in everyday life, all while allowing his Republican opponent to self-immolate. He made a renewed push on pieces of legislation — including an assault weapons ban, police reform and protections for abortion rights — that polling suggestions are broadly popular with the American people, including the independent and swing voters who usually decide elections. At times, Biden seemed to take delight in ribbing lawmakers on the other side of the aisle — wearing a Cheshire cat grin when he did so. As he spoke, a symbol of the new fault lines in Washington appeared just over Biden’s left shoulder. “We’ve been sent here to finish the job.” He received applause on occasion but also jeers from some of the newly emboldened Republicans, who accused him at times of lying about their desire to cut entitlement programs.

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Biden makes a pitch to 'finish the job' in his State of the Union address (NPR)

President Biden repeated the phrase "Let's finish the job" in his address — a refrain likely to be heard as his unofficial pitch for a second term in ...

"So, folks, as we all apparently agree, social security and Medicare is off the books now," Biden said, after a feisty exchange with some Republicans in the audience. McCarthy has said those entitlement benefits aren't on the chopping block, but he has insisted on cuts to future spending in exchange for raising the debt limit. "Already, we've funded over 20,000 projects, including major airports from Boston to Atlanta to Portland," he said. In one of the most testy moments of the evening, he warned that some Republicans wanted to cut Medicare and Social Security in exchange for raising the debt limit. With newly-elected GOP House Speaker Kevin McCarthy sitting over his shoulder, Biden urged Congress to pass a lengthy list of his unfinished priorities. Biden, the oldest president in U.S.

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Biden in State of Union exhorts Congress: 'Finish the job' (The Standard)

President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Tuesday, Feb. 7, 2023, in Washington, ...

“There’s no words to describe the heartache and grief of losing a child,” Biden said after introducing RowVaughn and Rodney Wells to a standing ovation. “And we did.” “Instead of making the wealthy pay their fair share, some Republicans — some Republicans want Medicare and Social Security to sunset. And I’ll see you at the ground-breaking.” “While you reap the consequences of their failures, the Biden administration seems more interested in woke fantasies than the hard reality Americans face every day,” she said. “You wonder whether the path even exists anymore for your children to get ahead without having to move away,” Biden said. With Republicans now in control of the House, and even meeting the government’s fiscal obligations far from certain, Biden is turning his focus to implementing those massive laws and making sure voters credit him for the improvements. “Folks, the story of America is a story of progress and resilience. And a majority of Democrats don’t want Biden to seek another term. But the challenges for Biden are many: economic uncertainty, a wearying war in Ukraine, growing tensions with China and more. “That’s always been my vision for the country: to restore the soul of the nation, to rebuild the backbone of America — the middle class — and unite the country.” As Biden, 80, prepares for a likely reelection bid, he sought to prove to a skeptical nation that his stewardship has delivered results both at home and abroad.

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Ask Yourself These 5 Questions to Find (or Create) a Job You Love (Entrepreneur)

Ask yourself these five questions to identify the type of job you would love, and then pursue it with passion and purpose.

It is up to you to define what that means for you and then pursue it with passion and purpose. [lateral move](https://www.entrepreneur.com/living/should-you-wait-to-get-a-promotion-or-make-a-lateral-move/398400) often refers to taking a similar job elsewhere with a similar role and pay. And a vertical move often refers to moving to a job with more responsibility and pay. It will show dedication and initiative, and it can potentially move you into a role that brings you better professional happiness. And it is equally likely that your employer would prefer to have you contributing at your best. Do you like networking? Employers get more out of employees who are doing what they enjoy and are good at, and employees work harder and more efficiently when they are doing things they enjoy and things for which they show a strong aptitude. This is where you begin to define The intersection of what you like to do and what you can do well is a win-win for any professional situation. Do you like having a set schedule? Do you like being creative? Here are five questions to get you started:

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Normally known for offense, Bluebirds defense gets the job done ... (Link NKY)

Highlands knows they can pretty much score with anybody. The third highest scoring offense in the state proves that point. But Kevin Listerman and his team ...

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Great Resignation regret: Meet a woman who regrets quitting her job (Business Insider)

Kristen is one of the millions of people in 2022 who quit their jobs. But without a new job yet, she has some Great Resignation regret.

I wish I would've found a different first job. "Despite a slowdown in hiring, there are still plenty of opportunities out there," Andrew McCaskill, a career expert at LinkedIn, told Insider in a statement. More than 40% of companies on LinkedIn explicitly rely on skills to search and identify job candidates on LinkedIn, so job seekers can stand out by making sure they not only have the most sought-after skills, but also that they're showing them off." And I would love to say I feel better about it now, but I don't." Have you made a recent career switch? And then I would say right about the time that we hit holiday season, it's just gotten to the point where it's depressing. "I wish I would've graduated at a different time. I wish I would've not quit my first job," Kristen said. "It's disheartening in so many different ways because you're not hearing back from people." She's had a few interviews and has applied to roles through various sites. But she wasn't feeling too hopeful after seeing "While I don't regret leaving a working environment that was harmful to me, I wish that I would've been more realistic about how soon I would be able to find a job," Kristen said.

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Image courtesy of "Anadolu Agency"

Biden seeks rally with State of the Union: 'Let's finish the job' (Anadolu Agency)

US President Joe Biden sought to rally supporters and challenge his political adversaries Tuesday evening, telling Republicans to join with him as he seeks ...

[Anadolu Agency website contains only a portion of the news stories offered to subscribers in the AA News Broadcasting System (HAS), and in summarized form. On China, the president continued to maintain that the US would not shy away from competition, saying the issue should unite the nation. "As I stand here tonight, I have never been more optimistic about the future of America. "Ambassador, America is united in our support for your country. "I won't let that happen," he said. Because of those record deficits, no president added more to the national debt than my predecessor. But in what appeared to be a reference to last week's downing of a suspected Chinese surveillance balloon after it transited across much of the US, Biden said "if China threatens our sovereignty, we will act to protect our country, and we did." They did the right thing. They lifted the debt ceiling without preconditions or crisis. Beyond the partisan bickering, the president appealed for the nation to unite to achieve its goals, saying that while American democracy is "bruised," it "remains unbowed and unbroken." Nearly 25% of the entire national debt that took over 200 years to accumulate was added by just one administration alone, the last one," Biden said in reference to former President Donald Trump. The comments drew an outcry among Congressional Republicans, but Biden was unmoved, asking rhetorically, "how did Congress respond to that debt?

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1 million job openings predicted in B.C. over the next decade (Terrace Standard)

It makes a series of 65 recommendations including immediate action to be taken to streamline the employer registration process for the Temporary Foreign Worker ...

The B.C. However, the B.C. The top five trades in terms of projected job openings are: Cooks; auto service technicians; construction trades helpers and labourers; hairstylists and barbers; and carpenters. In addition, a report by the British Columbia Construction Association reveals that 80 per cent of contractors are concerned about skilled labour shortages. Labour Market Outlook projects 85,000 job openings in the skilled trades over the next 10 years. The aviation industry faces massive structural shifts due to the pandemic. There are approximately 1,600 working veterinarians in B.C. - Working to reduce processing delays in B.C. According to B.C.’s restaurant association, the industry needs nearly 35,000 workers. If we want to continue to position ourselves as industry leaders, we must innovate how we attract, train and retain the people we need to drive the technology that fuels these productions,” said Jennifer Twiner McCarron, CEO and Chair, Thunderbird Entertainment Group. “Government, educational institutions, and the business community need to form a new partnership and embrace innovative approaches to ensure our economy can manage an aging demographic while becoming a global hub for technology and innovation, with sustainability and resilience at the core.” B.C.’s world-renowned entertainment industry has experienced a surge in production which has led to a skills shortage challenge.

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New job? Here are 5 ways to make a great first impression (ZDNet)

You'll need to show people quickly how you're going to make a positive impact in a new role. Here's how.

Because if you do that, how are you going to understand what the issues are and what the perception of your team is? "The first thing I would do moving into any new role is to meet as many people as possible," he says. But you must also understand what the senior guys are trying to achieve and link those aims together." Coming into a new role and treating everyone in the same way is a shortcut to failure. "Success there is about not just projecting what you want people to hear. "Creating some clarity around that role, so that people understand what you're going to focus on, is key.

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Meet Mbapila with vast job experience in legal matters (The Citizen)

When applying for a job, there is an experience requirement for each job. Advocate Doxa Mbapila, a partner at Endoxa Law in the Corporate Practice, made sure ...

The firm was actually registered in 2011 because even then, I always knew I wanted to return to private practice, though I listened to people who were discouraging me. These personalities are enablers for women in leadership roles and bring benefits to the business. “When women are given opportunities and treated equally, they go the extra mile to deliver. The experienced advocate shares that being able to build up a financial institution from the ground up in the country was too good to pass up, and she deepened her expertise in bank infrastructure and governance and established a strong reputation. Mbapila says exposure gives people the ability to challenge without fear and makes them capable of making far-reaching changes. I continue to mentor a number of young female lawyers from other firms who hopefully can learn from my experiences and also do better than me in maintaining a work-life balance,” Mbapile says.

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Starting A Job After A Lengthy Absence? Here's What You Need To ... (Forbes)

While employers have made great strides in granting candidate requests to address the ever-evolving employment landscape, employees still wonder: What can I ...

This year and beyond, newcomers will join the workforce with more requirements and expectations that employers will strive to meet. With the help of Social Security-approved Employment Networks like AES, SSDI beneficiaries can return to work if they are medically able. In the first year, the Trial Work Period, they can earn unlimited income and still retain SSDI benefits. SSDI is a lifeline for people who find they can no longer work due to their condition or disability. These taxes help qualify an employee for Social Security Disability Insurance (SSDI) benefits if they find they are no longer able to work because of a severe illness or disability. That’s great news for us at Allsup Employment Services (AES) because it’s our mission to help people get back to work after a serious illness or injury.

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Don't Blame Gen Z, The Boomers Invented Job Title Inflation (Forbes)

A new piece in Insider, the media organization formerly known as Business Insider, looks at job title inflation, blaming Gen Z for wanting a special title ...

Insider, it should be noted, is the media organization formerly known as Business Insider, a change that suggests its own kind of prestige inflation. [two strips launching in 1958](https://paleofuture.com/blog/2015/11/4/the-futuristic-comic-that-turned-the-sunday-funnies-into-a-cold-war-weapon) with the explicit goal of getting kids interested in science. Even the launch of the satellite Sputnik by the Soviet Union in 1957 was to blame, according to the author of the column, Jerry V. Willson took particular issue with truck drivers getting called “professionals” during that wave of job title inflation. “The giant Boeing Company has vice-presidents who also are presidents. That is a commendable objective, but I wish they would just stress quality without the euphemism. Suddenly, the nation forgot about the values of vocational training and of craftsmanship and began to push everyone into higher education,” Willson complained. “No doubt the trucking company is seeking, by fashioning its drivers ‘professionals,’ to instill in them a sense of pride in their job and their work. Sputnik did contribute to a cultural push in the U.S. But blaming kids for job title inflation actually started when older people of the mid-1970s saw the younger generation getting titles some thought they didn’t deserve. There was even a campaign to make the Sunday newspaper comics more tech-heavy, with A new piece at Insider looks at job title inflation, blaming Gen Z for wanting a special title to make themselves feel more important than they are.

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Biden to Lay Down Economic Challenge in State of the Union Address (The New York Times)

In his first State of the Union address since the G.O.P. took the lower chamber, the president will call for higher taxes on the wealthy and more social aid ...

[an increase in the debt ceiling](https://www.nytimes.com/2023/02/01/us/politics/biden-mccarthy-debt-limit.html). [most Americans are not satisfied with his leadership](https://projects.fivethirtyeight.com/biden-approval-rating/?ex_cid=rrpromo) and [even most Democrats would prefer that someone else run for president in 2024](https://www.washingtonpost.com/politics/2023/02/05/poll-biden-trump-2024/). “But at the same time, he’ll draw some clear lines of things he’s not prepared to do.” Biden nonetheless will also put forward the latest elements of what aides call his “unity agenda,” a menu of policy proposals that presumably could attract bipartisan support. Among them will be Oksana Markarova, the Ukrainian ambassador to the United States; Bono, the singer who has championed AIDS treatment; and Paul Pelosi, the husband of former Speaker Nancy Pelosi, who was Biden has invited carefully chosen guests to join the first lady, Jill Biden, in the House gallery to make political points. But the speech and the G.O.P. “No drawing lines in the sand or saying, ‘It’s my way or the highway.’ No policy gimmicks or political games. In his first State of the Union address since the G.O.P. At the time, Mr. Biden would call on lawmakers on both sides of the aisle to rally around his economic agenda, even as the newly empowered opposition gears up to try to force him to change direction. No one expects the Republicans now running the House to embrace Mr.

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'Pride is coming back': Biden touts victories on jobs and climate in ... (The Guardian)

President also calls on Republicans to help him 'finish the job' of rebuilding the economy and restoring faith in democracy. The State of the Union address ...

We’ve been sent here to finish the job, in my view.” “Let’s commit ourselves to make the words of Tyre’s mother come true: something good must come from this,” he said. Sanders, currently America’s youngest governor at 40, attacked Biden over inflation and accuse Democrats of waging a “leftwing culture war” against average Americans, according to excerpts of her prepared remarks. Republicans have demanded government spending cuts in exchange for raising the debt ceiling, but Biden has insisted on a “clean” bill to raise the nation’s borrowing limit with no strings attached. One of the most disruptive moments came when Biden charged that Republicans wanted to “sunset” social security and Medicare, popular retirement and health insurance programs for seniors, as part of their efforts to reduce the deficit. The president boasted about the successes of the international coalition the US helped marshal to help Ukraine defends itself against Russia’s invasion. Touting a new $35 cap on insulin for Medicare recipients, he said legislators should go further and extend the rule to cover all Americans. He said: “Make no mistake: if you try to do anything to raise the cost of prescription drugs, I will veto it.” The outcry persisted, and Biden teased that he won Republican assurances that the programs would be protected. [Democrats](https://www.theguardian.com/us-news/democrats), who had hoped the speech would dispel concerns about Biden’s age and fitness for office as he looks ahead to a re-election campaign. He also pointed to signs of a brightening economic outlook, easing inflation and the country’s unemployment rate, which But to ensure progress continues, Biden argued, he would need support from the very Republican House majority eager to unravel his agenda and undermine his political prospects as he prepares to seek a likely second term.

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Biden's State of the Union: 'Let's finish the job,' president says again ... (MarketWatch)

President Joe Biden uses one line a whole lot as he delivers his State of the Union address on Tuesday night to a joint session of Congress.

“Pass my proposal for the billionaire minimum tax.” “Let’s finish the job,” he told the joint session of Congress. Overall, Biden said “Let’s finish the job” at least 10 times, according to the full text of his State of the Union address, as prepared for delivery and

US Department of Labor announces Mercedes-Benz USA, Job ... (US Department of Labor)

WASHINGTON – To help meet the need for auto technicians in the growing electric vehicle industry, the U.S. Department of Labor today announced a national ...

Founded in 1964, Job Corps is the nation’s largest job training and education program. Job Corps will now offer students opportunities to study high-voltage and electric vehicles, and training opportunities with high-voltage vehicles at the following campuses: Earle C. “This training program is an ideal entry point for students who want to become professionals in the automotive industry, especially aspiring electric vehicle mechanics,” said Job Corps National Director Rachel Torres. “This initiative will equip students with the skills they need for good jobs today and careers in the emerging energy economies of tomorrow.” “Job Corps’ partnership with Mercedes-Benz reflects the Biden-Harris administration’s commitment to expanding and strengthening training opportunities for our next generation of working Americans,” said U.S. Department of Labor today announced a national partnership with Mercedes-Benz USA to train Job Corps students initially at centers in Kentucky, Massachusetts, New Jersey and Utah for automotive industry careers.

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Middle managers embrace wokeness because it increases their ... (Fortune)

Nicolai Foss of Copenhagen Business School and Peter Klein of Baylor University warn that "woke" culture could be costing companies.

And Bernie Marcus, the billionaire co-founder of [Home Depot](https://fortune.com/company/home-depot/), said in December that “woke people have taken over the world.” Ron DeSantis even put through [legislation](https://www.flgov.com/2021/12/15/governor-desantis-announces-legislative-proposal-to-stop-w-o-k-e-activism-and-critical-race-theory-in-schools-and-corporations/) in 2021 titled Stop the Wrongs to Our Kids and Employees (or “Stop WOKE”), in hopes of combating what he called “corporate wokeness” in his state. “The most diverse companies are now more likely than ever to outperform less diverse peers,” the [McKinsey researchers](https://www.mckinsey.com/featured-insights/diversity-and-inclusion/diversity-wins-how-inclusion-matters) wrote. companies spent $9.3 billion on diversity, equity, and inclusion (DEI) programs in 2022, and by 2026, that number is projected to rise to $15.4 billion to illustrate the rising costs of going woke, according to data from the consulting firm StrategyR. A 2020 [McKinsey](https://fortune.com/company/mckinsey/) study found diverse companies are 35% more likely to see stronger profit margins than their peers. It’s time for management research to inform these debates in a more systematic way,” they wrote. The study’s authors pointed to rising spending on diversity, equity, and inclusion (DEI) programs as an example of other rising costs associated with a woke corporate stance. [article about labor unions](https://books.google.com.au/books?id=3RotAQAAMAAJ&dq=today%20%22Negro%20United%20Mine%20Workers%20official%22&source=gbs_book_other_versions) and has re-emerged in the past decade as a slogan that symbolizes awareness of social issues. [culture war](https://fortune.com/2022/05/06/disney-history-huac-walt-dangerous-culture-wars-florida-roe-v-wade-politics-communications-business-leadership-laurie-hays/). “Wokeness arises from middle managers and support personnel using their delegated responsibility and specialist status to engage in woke internal advocacy, which may increase their influence and job security.” “Nobody works. Saunders Redding in an

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Disney plans to cut 7000 jobs and reward shareholders (CNN)

Disney said it would cut 7000 jobs from its global workforce, part of a multibillion-dollar cost-cutting initiative aimed at streamlining the company's ...

Iger announced that he will be combining all its media and content businesses globally, including streaming, into a new segment to be known as Disney Entertainment. Iger said the company is aiming for $5.5 billion of cost savings across the company, with $2.5 billion of that coming from annual savings in “non-content” operations. [(DIS)](https://money.cnn.com/quote/quote.html?symb=DIS&source=story_quote_link) jumped 6% in after-markets trading following the announcement of cost cutting and the return of the dividend. That is far better than the overall market but behind the gains in the same period at some other media companies, such as Netflix [(NFLX)](https://money.cnn.com/quote/quote.html?symb=NFLX&source=story_quote_link) or Warner Bros. Shares of Disney [(DIS)](https://money.cnn.com/quote/quote.html?symb=DIS&source=story_quote_link) lost 43% of their value in 2022, but are up nearly 22% since Iger’s return was announced in November, through Wednesday’s close. Disney cut the marketing expenses for streaming, and also adjusted pricing plans in an effort to attract more profitable subscribers. Disney revenue in the quarter rose 8% to $23.5 billion, edging past estimates of $23.4 billion from analysts surveyed by Refinitiv. “I have enormous respect and appreciation for the talent and dedication of our employees worldwide, and I’m mindful of the personal impact of these changes.” Since Disney is a major advertiser, a $1 billion reduction in annual marketing expenditures signals more difficulties ahead for other media, as well as tech companies. And while initially, it will be a modest dividend, we hope to build upon it over time.” Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in the United States. “Now that the pandemic impacts to our business are largely behind us, we intend to ask the board to approve the reinstatement of a dividend by the end of the calendar year,” he said.

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Disney to cut 7000 jobs in major revamp by CEO Iger (Reuters)

Walt Disney Co on Wednesday announced a sweeping restructuring under recently reinstated CEO Bob Iger, cutting 7000 jobs as part of an effort to save $5.5 ...

Iger also repositioned the company to capitalize on the streaming revolution, acquiring 21st Century Fox's film and television assets in 2019 and launching the Disney+ streaming service that fall. The cuts took place in the first half of fiscal 2021. Now, Iger will seek to put Disney's streaming business on a path to growth and profitability. Disney said it planned to cut $2.5 billion in sales and general administrative expenses and other operating costs, an effort that is already under way. For the fiscal first quarter that ended on Dec. This marks Disney's third restructuring in five years. Iger also said he would ask the company's board to restore the shareholder dividend by year end. He went on to fortify Disney with a roster of powerful entertainment brands, acquiring Pixar Animation Studios, Marvel Entertainment and Lucasfilm. "We are committed to running efficiently, especially in a challenging environment." Net income came in at $1.279 billion, below analyst estimates. Disney earlier reported its first quarterly Register for free to Reuters and know the full story

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Disney announces 7000 layoffs while teasing Toy Story and Frozen ... (The Guardian)

Cuts represent an estimated 3.6% of Disney's global workforce in effort to save $5.5bn in costs and follow major job losses at other top US companies.

He went on to fortify Disney with a roster of powerful entertainment brands, acquiring Pixar, Marvel and Lucasfilm. A decade later, he repositioned the company to capitalize on the streaming revolution, acquiring 21st Century Fox’s film and television assets in 2019 and launching Disney+ that fall. Disney said it planned to cut $2.5bn in sales and general administrative expenses and other operating costs, an effort that is already under way. Frozen and Frozen II have each earned more than $1bn at the box office, as did Zootopia in 2016, with a sequel expected ever since. “And so we’re in a very interesting transition period, but one, I think, is inevitably heading towards streaming.” There have been four Toy Story films since 1995, and a spin-off, Lightyear, which was mildly received by both audiences and critics.

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Disney to cut 7000 jobs as CEO Bob Iger seeks "transformation" (CBS News)

The job cuts, about 3% of Disney's global workforce, come months after Iger returned to revitalize the media business.

We will reassess all markets we have launched in and also determine the right balance between global and local content. The layoffs are part of a broader effort by Disney to lower costs by $5.5 billion. Hulu and ESPN+ each posted a 2% increase in paid subscribers during the quarter. 1, Disney employed 220,000 people, of which about 166,000 worked in the U.S. The company said Disney+ ended the quarter with 161.8 million subscribers, down 1% from since Oct. Disney said Wednesday that it earned $1.28 million, or 70 cents per share, in the three months through Dec. Disney has urged shareholders to vote against Peltz, CEO of Trian Partners, according to That compares with net income of $1.1 billion, or 60 cents per share, a year earlier. Analysts were expecting revenue of $23.44 billion. Analysts, on average, were expecting adjusted earnings of 78 cents per share, according to FactSet. Disney is struggling with costs for luring new subscribers to its streaming service, Disney+, amid heated competition from Netflix, HBO and others. As of Oct.

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Students should be told of university course job prospects, says ... (The Guardian)

Social Mobility Commission says students should be informed of 'earnings implications' of course choices.

“Of course, students may still choose these courses for other valid reasons but they need to be aware of the possible labour market implications,” the report stated. It calculated a “rough estimate” of 31% of students at the four universities being previously eligible for free school meals, based on 2020-21 data. “Many of the more selective universities are top performers for boosting earnings but worst offenders for providing access to students from low socioeconomic backgrounds,” said Alun Francis, the commission’s interim chair.

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Image courtesy of "The Jerusalem Post"

Rewrite 'internal algorithms' to help in job hunt - comment (The Jerusalem Post)

The tech industry in Israel is known for its rigorous hiring cycles, including multi-step interviews, home assignments and panel presentations. This contact ...

These might include, “I’m not good enough,” “I’m not smart enough,” “I’m too old, too young, too inexperienced,” “No one employs juniors,” “It’s impossible to switch from low-tech to hi-tech,” or “No one can succeed in Israeli tech without connections.”• Question the validity of these patterns and understand their impact. These candidates commonly suffer from self-doubt, making the job search process even more challenging.The data scientist in me is trained to identify patterns, and I’ve seen first-hand how our “internal algorithms” define our behavior and decision-making during stressful situations like job-hunting.Just as regular algorithms are a set of rules designed to perform a specific task, “internal algorithms” are our problem-solving mechanisms, the mental shortcuts used to navigate the world and make sense of it. This contact examination mode can take a toll on a job-seeker’s self-esteem, leading to a downward spiral of frustration and disappointment.But the mind is a powerful tool. As a data scientist turned career coach, I’ve helped hundreds of job-seekers in Israeli tech overcome the toughest and most vulnerable periods of their lives.Recently I’ve worked with junior candidates looking to re-skill and break into a new tech career, often without background and experience. [during a job hunt](https://www.jpost.com/business-and-innovation/all-news/article-730900)depends as much on our mindset as our skill set. The job search process can be an overwhelming experience in normal times, let alone during a recession.

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Image courtesy of "BBC News"

Disney to cut 7000 jobs as streaming numbers fall (BBC News)

The entertainment firm, under returning boss Bob Iger, reports the first fall in subscribers since 2019.

At the time he said he had tasked a group of executives with designing "a new structure that puts more decision-making back in the hands of our creative teams and rationalises costs". He was brought back to steer the company through turbulent times after its share price plummeted and Disney+ continued to make a loss. Freddy Colquhoun, investment director at JM Finn, told the BBC: "Disney has been in quite a bit of trouble over the last year or so and in particular with trying to make its streaming business profitable." He announced the restructure as part of company results - his first since he returned to Disney in November. The layoffs are part of a plan to save $5.5bn and make its Disney+ streaming service profitable, which reported its first fall in subscribers since it launched the service in 2019. Disney chief executive Bob Iger says he is cutting 7,000 jobs in a major shake-up of the entertainment giant.

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Image courtesy of "TIME"

Disney to Cut 7000 Jobs as Bob Iger Seeks 'Significant ... (TIME)

The job cuts amount to about 3% of Disney's global workforce and are part of a targeted $5.5 billion cost-savings effort across the company.

Iger also announced Wednesday that he intends to ask the board to approve the reinstatement of a “modest” dividend by the end of this year. Hulu and ESPN+ each posted a 2% increase in paid subscribers during the quarter. Disney said sales at its parks, experiences and products segment grew 21% to $8.74 billion, from $7.23 billion a year earlier. The company rolled out new price tiers for its U.S. Disney has urged shareholders to vote against Peltz and last month named board member Mark Parker as its chairman. Disney+ ended the quarter with 161.8 million subscribers, down 1% from since Oct. Disney said Wednesday that it earned $1.28 billion, or 70 cents per share, in the three months through Dec. That compares with net income of $1.1 billion, or 60 cents per share, a year earlier. The company said the job reductions are part of a targeted $5.5 billion cost savings across the company. The executive also announced changes to how executives will operate Disney’s various divisions. 1, Disney employed 220,000 people, of which about 166,000 worked in the U.S. Analysts were expecting revenue of $23.44 billion.

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Image courtesy of "Times of India"

Tech layoffs: Disney's to cut 7000 jobs as CEO restructures company (Times of India)

The entertainment conglomerate has described the latest job cuts as an effort to save $5.5 billion in costs and make its streaming business profitable.

He also claimed that the company is “committed to running efficiently, especially in a challenging environment.” Moreover, Iger has also explained that the streaming business is still Disney's top priority. Disney is planning to restructure the company to cut costs and return power to creative executives.

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