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World

RNN Quick Bites 12/2/2020 (the one where the end of 2020 is finally in sight)

RNN Staff

December 2, 2020

World

RNN Quick Bites 12/2/2020 (the one where the end of 2020 is finally in sight)

RNN Staff

December 2, 2020

A Rundown of Recruiting-News, Odds and Sods, and Some Recommended Reading

Tech

  • Hired got swallowed up by Adecco (via Vettery) - former second-runner Vettery winds up exiting at the right time, and picks up the pieces of its once-larger rival
  • SalesForce buying Slack for $27.7 billion Speaking of M&A activity... whoa
  • Some interesting leaders are making moves in the TA tech space.‍
  • Companies are being pushed to change their requirements for cyber jobs - According to the Wall Street Journal companies worldwide will need to grow their cyber security professionals by almost 90%. But companies are asked far too much for far too little. One candidate who was interviewed said though having a doctorate and military experience in the field he was approached with entry level positions. Some entry level positions posted to Indeed are asking for 7 years experience, with some listing starting pay at $20000-$50000 per year. It may be tricky to hire people who can get more for doing less.
  • ‍31 Tech Skills That Amazon Wants on Its Pandemic Hiring Spree Dice crunched a whooole bunch of Amazon job descriptions - here's what they saw.

‍Labor/ Work Related News:

The Good

  • Expect more driver-hiring: DoorDash Inc. disclosed Monday that it has set terms of its initial public offering, in which the app-based food-delivery platform is looking to raise up to $2.81 billion. In its IPO prospectus, DoorDash reported a 50% U.S. market share in local food delivery logistics, compared with 26% for Uber Eats, 16% for Grubhub and 7% for Postmates. Granted Uber just completed its acquisition of Postmates, so they're edging up in market share, but DoorDash remains dominant. And now, with additional revenue streams due to deals with retailers like CVS Health, they are poised to become the dominant omnisource delivery service.
  • Retroactive hazard pay: United Food and Commercial Workers International (UFCW) and Wakefern Food Corp.’s ShopRite grocery chain have agreed on retroactive hazard pay for grocery workers efforts in late summer during the COVID-19 pandemic. Nearly 50,000 ShopRite grocery employees represented by UFCW and the Retail, Wholesale and Department Store Union (RWDSU) will receive retroactive premium pay of $1 per hour for all hours worked from July 26 to Aug. 22, UFCW said Wednesday.
  • Stop & Shop Hiring 5,000 workers across northeast US Zaandam, Netherlands-based retailer Ahold Delhaize has been steadily building the grocery chain into its largest asset and is reportedly planning even larger-scale hiring during the second 6 months of 2021.
  • UK Furlough Scheme extended The UK Government has announced that the Coronavirus Job Retention Scheme (also known as the furlough scheme) will be extended until March 31, 2021. After furlough ends, it is not clear whether the government will decide to revisit the Job Support Scheme, a far less generous offering to cover some of the hours of workers in companies still struggling during the pandemic. So far, it has been postponed.

The Bad

  • US weekly unemployment numbers continue to rise for the second week in a row. All eyes are now on Friday's numbers for the month of November.
  • US media layoffs on track for record high in 2020 An estimated 28,637 cuts were reported in the industry by late October, Variety, citing data from Challenger, Gray & Christmas, reported, nearly as many as the record 28,803 reported in the media sector in 2008. [The Hill]
  • SF Transportation Agency Faces Huge Layoff as COVID-19 Fiscal Crisis Deepens Facing continuing catastrophic revenue losses amid the COVID-19 pandemic, San Francisco Municipal Transportation Agency officials say that more than 1,200 of its nearly 6,000 employees may face layoffs. [KQED]
  • The Mouse That Roared "You're Fired" Disney continues to struggle, announcing an additional 4000 employees will be laid off on top of the 28,000 it announced in September. The additional layoffs were disclosed in a filing to the US Securities and Exchange Commission on Wednesday. Disney (DIS) employs around 223,000 people, according to its most recent annual report.

... and the Ugly

  • Facebook sent its content moderators in India back to work as cases of Covid surged [RestofWorld]
  • Amazon is hiring union-busters In case you missed it, Amazon said the quiet part out loud when it comes to their feelings about unions: they seem to fear them. A lot. This job listing sat on LinkedIn for days in September, and wasn't the first time it's been spotted. Maybe they actions between UFCW and ShopRite explain the "hazard bonuses" of $100-$300 dollars (pre-tax) per employee they're giving out all of a sudden.

🧐
Spot the huge, glaring, "OMG did they really spell that out???" problem here: pic.twitter.com/GsQhJDgA66

— Joe Slowik 🦕 (@jfslowik) September 1, 2020

Recommended Reading (some new, some unearthed and worth discovery)

  • I Wanted to Know What White Men Thought About Their Privilege. So I Asked. [NYTimes]
  • All-American Huckster - The untold story of Napoleon Hill, who practically invented the self-help scam through his 1937 book Think and Grow Rich. [Gizmodo]
  • Norway’s Prime Minister: Ocean science can boost jobs and wellbeing [Nature]

‍

Amazon published a sketchy job. Unemployment numbers are shaky. Disney keeps cutting.

What we're reading

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How to Purchase an Applicant Tracking System

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