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The Verge | March 18, 2020
Tesla will reduce its workforce at its Fremont, California, car factory after the local Sheriff’s Office said the company was not complying with a three-week shelter-in-place order meant to curb the spread of the novel coronavirus, BuzzFeed News is reporting. The Silicon Valley automaker will drop from around 10,000 employees to 2,500, though it’s unclear when the scaleback will take place, or what the company is doing to prevent those workers from being infected with or spreading th...
Canva | July 20, 2020
To help the Philippines bounce back from the pandemic, Canva Philippines joins the Digital Bayanihan Initiative (DBI) of the BounceBack Global Movement that aims to train 10 million entrepreneurs, educators, and leaders in government and private sector.The DBI will build the Philippines’s Digital Human Capital Backbone by enabling Filipinos to acquire world-class validated digital competencies that will empower them to become resilient and bounce back better than ever from the crisis...
McKinsey & Company | July 16, 2020
More than two dozen of the largest employers in the New York City area are committing to create 100,000 jobs over the next decade. The group of 27 employers — which is calling itself the New York Jobs CEO Council — includes massive companies like JPMorgan Chase, IBM, McKinsey & Co., Amazon.com Inc., Google and Goldman Sachs. The group's focus will be on connecting people in low-income and Black, Latinx and Asian communities to job opportunities. The employers' pledge to h...
HR Dive | January 17, 2020
Global skill mismatches are "imposing a 6% annual tax on the global economy in the form of lost labor productivity," according to a Jan. 15 report from Boston Consulting Group (BCG). Part of the problem is that skills are becoming obsolete at an increasingly fast rate, BCG said. This increases demand for reskilling and upskilling, but "[t]he system for building human capital needs to be updated," said Leila Hoteit, a BCG senior partner and co-author of the report, in a statem...
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