After laying off about half its workforce last week, Twitter is asking some people to come back as some workers slept in the office to meet deadlines for new features. Several of the 3,700 workers who lost their jobs are suing the company, claiming it violated federal law governing mass layoffs. Full Story: The Guardian (London) (11/4),BNN Bloomberg (Canada) (11/6)
The Housing Environment An MFS bond fund manager discusses the dynamics of today's housing market and explains the importance of an active approach to mortgage-backed securities investing. Learn more
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Recruiting & Retention
Startups aim to hire after tech giant layoffs Early-stage startups are planning to recruit many of the highly skilled technology specialists that companies such as Twitter and Lyft are laying off. The tech job market nationwide added 317,000 positions in October, a 10,000 increase from September. Full Story: The Wall Street Journal (11/6)
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How tech can help employee background checks API-integration technology can help employers rapidly perform employee background checks, such as confirming education accreditations, and is a much-needed tool, especially as remote hiring surges, Chris Harper writes. "Companies could benefit from faster, more affordable, and more accurate verification methods," Harper writes. Full Story: Training magazine (10/31)
Benefits & Compensation
Employers post wide salary ranges under new NYC law Now that New York City's pay transparency law has gone into effect, some employers are publishing job postings with very wide salary ranges, which can create uncertainty for job applicants. Employers, however, say the wide bands may reflect possible differences in skills and experience, in addition to other considerations. Full Story: The Wall Street Journal (11/7)
The HR Leader
Use these strategies to tame your leadership anxiety Leaders can tame their feelings of anxiety by not blaming others for their feelings, avoiding dwelling on anxious thoughts, getting organized and by creating structure and renewing relationships to feel connected and supported, writes Marlene Chism. "Much of our anxiety is due to our unmanaged thoughts about the situation, and not so much the situation itself," Chism writes. Full Story: SmartBrief/Leadership (11/7)
About the Editor
POLL QUESTION: What say you? Twitter finds itself in the hot seat again as it tries to rehire some former employees who were laid off recently. According to BNN Bloomberg, some were laid off in error and others were let go before managers realized that their skill set would be necessary to implement changes mandated by Musk. Would you go back? I'm not sure I would.
