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'CEO Seduced My Wife': Ex-Amazon VP's Shocking Claim
- Former Amazon VP Ethan Evans claimed that a startup CEO seduced his wife, leading to their divorce.
- In a LinkedIn post, Evans revealed, “A CEO that I worked for seduced my wife in direct retaliation for my pushback on him at work.” Evans, who spent over 15 years at Amazon, shared his story to help others deal with unethical leaders.
- He acknowledged marital issues, stating, “What this CEO did would not have worked if my then-wife had not been open to his proposition.” Evans clarified the CEO led a startup, not a large company like Amazon.
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This popular interview question ‘trips a lot of people up,’ says hiring expert—the best way to answer it
- The interview question "Tell me about yourself" can be tricky despite its common use as an icebreaker.
- Hiring experts advise keeping your response concise, ideally 1-2 minutes, focusing on strengths, relevant experience, and excitement for the role. Avoid long-winded biographies; instead, offer a brief elevator pitch that highlights a recent challenge or a leadership experience to demonstrate self-awareness and maturity.
- Tailor your answer to the job you're applying for, emphasizing the skills and qualities that align with the position. This approach sets a positive tone for the rest of the interview.
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Indian engineer gets 1:30 am call from senior colleague for 6 am shift. Reddit says ‘resign’
- An Indian support engineer, Vinit Patil, shared on Reddit that he missed a 1:30 am call from a senior colleague informing him to report to work at 6 am, despite his shift starting at 7:30 am.
- The unexpected schedule change came after Patil had finished work at 9 pm the previous night. Reddit users criticized the unprofessional behavior, with some advising him to apologize for missing the call, while others warned against setting a precedent of always being available.
- This incident highlights the increasing pressure on employees to be constantly accessible, blurring the lines between work and personal life.
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Starbucks' New CEO To Supercommute 1,600 Km To Work On Corporate Jet
- Starbucks' new CEO, Brian Niccol, will supercommute 1,600 km daily from California to Seattle, using a corporate jet.
- Starting next month, Niccol, 50, will earn a base salary of $1.6 million, with potential bonuses up to $7.2 million and annual equity awards worth up to $23 million. Niccol's unusual commute reflects his high bargaining power, as seen in his previous role at Chipotle.
- Despite falling sales under the current CEO, Niccol's proven track record of turning around companies makes him a strong candidate to lead Starbucks. He is expected to exceed the company’s hybrid work guidelines.
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HDFC Says Wealth Manager Pay Hikes of 50% May ‘Haunt’ Industry
- HDFC Bank's wealth management arm is facing a talent shortage, leading to a surge in pay hikes of 40% to 50% to attract skilled professionals.
- With assets under management totaling 6.47 trillion rupees ($77.2 billion), the bank is hiring retail bankers internally and externally to serve its wealthy clients. Rakesh K. Singh, group head for investment, private wealth, and international banking, noted that these aggressive pay increases may have long-term repercussions for the industry.
- The shortage of wealth management talent is pushing firms to offer substantial incentives, potentially causing challenges in the future.
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The Great Tech Reset: Unpacking The Layoff Surge Of 2024
- The tech industry, once a symbol of innovation, is now facing a wave of layoffs in 2024, with over 124,000 workers affected.
- This downturn follows a period of aggressive hiring during the pandemic, compounded by inflation, higher interest rates, and economic uncertainty. Companies like Intel and Cisco are making significant cuts, while the rise of AI and outsourcing is reshaping the workforce.
- The layoffs echo the dot-com bust, but with more experienced workers now impacted. As the industry navigates this "Great Reset," resilience and adaptability are key for those affected, with opportunities in AI, data centers, and emerging fields.
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How a 10th pass Gujarati became a millionaire in the US
- A Gujarati immigrant to the US, who only studied up to the 10th grade, has achieved millionaire status by opening a restaurant in New Jersey.
- Despite Peter Thiel's claim that restaurants are poor investments due to high failure rates, this entrepreneur’s eatery thrives. Positioned near a popular temple, it attracts busloads of Gujarati visitors, ensuring a steady stream of customers.
- The restaurateur credits his success to common sense and calculated risks, highlighting how focusing on basics and understanding customer needs can lead to substantial success. The story has garnered over 300,000 views on X.
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Don’t ask about work-life balance in a job interview, says ex-Google recruiter; here’s why
- When interviewing for a job, ask questions that demonstrate your eagerness to contribute and help the company grow.
- Former Google recruiter Nolan Church advises against asking about work-life balance or professional development during the interview. Questions like these can raise red flags, indicating you may not want to work hard or are focused on personal gains rather than team success.
- Instead, Church suggests asking specific questions like, "What is the company's north star for the next 12 months?" or "What traits do top performers share?" These questions show your commitment to the company's success and help you assess the work environment.
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The smart way to negotiate a job offer in today’s slowing labor market
- List your priorities beforehand: Identify your must-haves, nice-to-haves, and nonnegotiables to steer your job search and negotiations effectively.
- Gather information early: Clarify role details, including salary and work flexibility, during initial conversations to avoid late-stage surprises.
- How to counter an offer: Approach negotiations with positivity, emphasizing your value before making requests, and know that early-career professionals are expected to negotiate.
- Know how far you’re willing to go: Determine your walk-away point and maintain professionalism to avoid being perceived as difficult in a competitive market.
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Mark Zuckerberg reveals email ID he used to create his first account on Facebook
- Mark Zuckerberg recently revealed the email ID he used to create his first Facebook account on Threads.
- Responding to a humorous post about needing a .edu email to join Facebook, Zuckerberg shared that his first account was created with "[email protected]." This sparked a nostalgic conversation among users, reminiscing about their early days on the platform.
- While Zuckerberg was the fourth person to have an ID on Facebook, the first three accounts were reserved for testing and later deleted.
- Zuckerberg's post quickly gained attention, with many sharing their own memories of joining Facebook during its early years.
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Always ask these 4 questions when you’re interviewing for a job, says ex-Google recruiter
- ‘What is the company’s north star for the next 12 months?’ This question helps you understand the company’s priorities and whether they align with your career goals.
- ‘What is the common trait of your top performers?’ Discovering the traits valued in top performers allows you to assess if your strengths and work style fit well with the company.
- ‘What’s the one thing you love most about the culture?’ This provides specific insights into the work environment and helps you decide if you would thrive there.
- ‘What problem do you want me to solve in the first 30 days?’ Understanding immediate expectations shows your eagerness to contribute and prepares you for success from day one.
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'A helper at a momo shop earns Rs 3 lakh per annum!': Bengaluru startup founder takes a jab at Cognizant's fresher pays
- A Bengaluru momo shop listing offering ₹3 lakh per annum sparked online debate when compared to Cognizant’s ₹2.52 lakh per annum for freshers.
- Amit Misra, CEO of Dazeinfo, drew attention by sharing the ad, saying, “Cognizant is offering ₹2.52 LPA for engineers! Meanwhile, a helper job at a momo shop earns ₹3 LPA!” The social media backlash highlighted the low entry-level IT salaries in costly cities like Bengaluru and Pune.
- Comments included, “Wow, Rs 2 lakhs per year? My driver makes way more than that.” Wipro’s similar packages with strict conditions also raised concerns about industry salary standards and living costs.
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The 3 New Rules Of Recruitment In An Age Of AI
- Move Beyond Traditional Credentials: Employers should move away from traditional markers like degrees and focus more on skills and potential, which increases the talent pool's depth and diversity.
- Prioritize Potential: Focus on a candidate's flexibility, learning agility, and creativity. Tools like IQ assessments can predict long-term success better than college credentials, reducing bias in hiring.
- Emphasize Soft Skills: As hard skills quickly become outdated, soft skills like creativity and emotional intelligence provide a more durable measure of a candidate's ability to adapt and innovate.
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Not working past 6 pm cost Starbucks CEO Narasimhan his job? Internet speculates
- Laxman Narasimhan, the Indian-origin CEO of Starbucks, was fired on August 13 and replaced by Brian Niccol of Chipotle. Speculation is rife online that his termination was due to his stance on work-life balance
- Narasimhan’s Fortune interview went viral after his dismissal, in which he stated, "I am very disciplined about balance...Anything after 6 pm and I am in town, it's got to be a pretty high bar to keep me away from the family."
- While some netizens found this admirable, others deemed it arrogant, suggesting, "If you say something like this when the stock price is doing well, you sound like a genius. But if it’s not doing well...you get fired."
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Don’t use these phrases in a job interview, they are ‘major red flags,’ says ex-Google recruiter
- During job interviews, certain phrases can raise red flags for employers, warns ex-Google recruiter Nolan Church.
- Avoid using clichés like "I work too hard" or "I'm a perfectionist," as they can come off as inauthentic. Instead, share a genuine mistake and how you learned from it. Never transfer blame onto others; taking full responsibility shows maturity and a willingness to grow. Additionally, refrain from simply saying "I don't know."
- If unsure, suggest how you would approach solving the problem instead. These strategies help demonstrate your ability to learn, adapt, and take ownership—qualities employers value.
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