Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. No prestigious pedigree? No problem. This former Big Tech staffer detailed how he managed to land jobs at Google and Meta despite lacking a “high-end” resume. it designed four steps that would be useful to most anyone in business.
On the agenda today:
But first: Trump is back.
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A new era
A senior Republican senator says “lives depend” on the swift confirmation of Trump’s national security nominees. Rebecca Noble/Getty Images
it’s happening
We are ready to go to a new administration, a new party, a new president.
And Business Insider will be there for you.
We have already been.
Here at BI, we’re focused on what policy means the pocket book, your taxes, your investmentsAND your career.
And we have already been on all these topics.
Take Meta. Before the inauguration, and like her CEO celebrates Donald Trump’s electionOur team has brought you scoops on Meta’s process for low performance cutting EMPLOYEE and how the cuts can be made an annual tradition.
We also gave you insight into how Meta employees feel about the changes, from their thoughts on Mark Zuckerberg.the year of intensity“for their reaction to Meta supporting DEI’s efforts. If you need an overview, check out ours part here at Zuck 3.0.
As for taxes, we’re moving forward on what you need to know depending on what about the trump tax cut.
The fate of TikTok has been wrapped up in politics for years, and we’ve brought it up to our many readers angle AND knowledgeincluding Friday Supreme Court tidings.
This is just a sampling of how we plan to approach Trump coverage this year — what it means for your money, your job, your life.
What do you think? I always want to hear from you. Please email me at eic@businessinsider.com.
I expect to be at the Davos conference all week, unlike some billionaires and CEOs who are jetsetting between Washington and Switzerland. I’ll be joined by Dan DeFrancesco, your weekday anchor, and some of our fantastic colleagues. We’ll share the Davos plate, what we’re hearing about the new administration, TikTok, AI and more. Please stay in touch!
The meta is done playing nice
Manuel Orbegozo/REUTERS
The social media giant announced internally plans to cut 5% of its workforce, focusing on its lowest-performing employees. It’s a more aggressive approach to workforce management, but one Amazon has embraced for years.
It also marks a departure from Silicon Valley’s traditional talent retention strategy, where tech companies paid workers more to lure them away from the competition. Now, lean, high-performance teams seem to be the new Big Tech trend as companies like Microsoft and Google look to make similar job cuts based on performance.
A page from Amazon’s workforce playbook.
Read also:
On Fridays, WFH means OOO
Alyssa Powell/BI
Instead of a last push before the weekend, “quiet Fridays” are becoming a personal down day for some remote workers.
The dream of the four-day work week remains out of reach for many, but fed-up remote workers are reclaiming the day for themselves. Fridays also remain the least popular day to travel, although office attendance increases again.
Three-day weekend, every weekend.
“If I’m brutally honest”
Anthony Scaramucci, SkyBridge Capital; BI
Anthony Scaramucci is a vocal critic of Trump. The hedge fund founder, also known for his 11-day stint in the first Trump administration, has not held back on the former president.
Still, Scaramucci envisions a sunny economy under the president-elect. He told BI that pro-growth policies like Trump’s tax plan and potential clarity on crypto legislation are boons for the country.
But he’s still worried about some of Trump’s other moves.
The World’s Worst Career Advice
ANTHONY WALLACE/Getty Images
Business Insider’s Alistair Barr was an editor at Bloomberg in 2016 when his reporter Jack Clark told him he was leaving to work on OpenAI. At the time, it was a relatively obscure nonprofit that was less than a year old.
Barr told him it wasn’t a good idea. Clark had a pretty steady job as a reporter on Bloomberg’s Big Tech team, and OpenAI didn’t seem to have a clear direction. In the end, Clark ignored it and went to OpenAI anyway.
Now, he will become a billionaire.
This week’s quote:
“People get sick. They change their minds or family circumstances. So even if you think you knew today, you can’t be completely sure.”
– JPMorgan CEO Jamie Dimon in choosing his successor.
More of this week’s tops read:
- Wall Street is booming. Here it is hot jobs are now.
- Restaurants and clubs are making money on a clientele that is young, sober and ready to party.
- Newly public FBI records from the 1970s reveal an investigation into Home Depot co-founders alleged anti-union bribery.
- Gen Z is the loneliest generation – but the boomers are feeling good.
- Amazon cuts jobs in its fashion and fitness group according to internal messages.
- It is one of the largest oil companies in the world cutting thousands of jobs.
- Biden warns of a “tech industrial complex” and says America should lead the way in AI, not China. in the farewell speech.
- Activist short seller behind Hindenburg Research will dissolve the firm.
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If you want to find a job this year, be nice to AI.
The BI Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Grace Lett, editor, in Chicago. Amanda Yen, associate editor, in New York. Lisa Ryan, executive editor, in New York. Elizabeth Casolo, friend, in Chicago.
