It’s relentless. Every year, the number of bankers and traders employed by the largest banks on Wall Street shrinks a little. Headcount across investment banking, equities and fixed-income trading at the top 12 banks dropped by 1,900 from the first quarter of 2016 to the first quarter of 2017, a fall of 3%, according to new data […]
Tag: workforce
LeEco collapse continues as CEO cedes control; 85% of US workforce to be cut
Enlarge LeEco, often called the “Netflix of China,” is in the news again, and again it’s because another disaster has befallen the company. After announcing a $ 2 billion merger with TV maker Vizio and then cancelling it, as well as purchasing a Silicon Valley property from Yahoo and then selling it, LeEco’s rapid expansion to the […]
Are Female-Only Networks Hurting Women in the Workforce?
Build your value. Take a seat at the table. Lead with authenticity. These are the themes most women hear discussed at women-only leadership conferences. Women-only networking has been around since the early 1980s, but it experienced a recent surge in popularity thanks in part to the widespread influence of Sheryl Sandberg’s 2013 best-seller Lean In. […]
More than 5% of Facebook’s workforce deals with AR and VR
Two pieces of information from Facebook sources have given us new insight into the division of labor inside the social media giant. Words spoken by Oculus team’s head of PC VR Brendan Iribe and a passage from Facebook’s quarterly report indicate more than five percent of the company’s total workforce are devoted to virtual reality in […]
