Thousands sign petition calling on ad titan WPP to rethink its 4-day RTO demand
A petition has been created calling for WPP’s 4-day office policy to be revoked. A public petition criticizing advertising giant WPP over its recently announced four-day per-week return-to-office mandate has garnered thousands of signatures. In an internal memo sent last week, WPP’s CEO Mark Read told the company’s workforce of more than 100,000 employees that…
Stock market today: Tech rout extends sell-off as investors pare back rate-cut bets
Michael Nagle/Xinhua via Getty Images The sell-off in US stocks continued on Monday as investors dialed back their bets for more interest rate cuts from the Federal Reserve. A strong jobs report on Friday raised questions about whether more rate cuts from the Fed this year are appropriate, given the solid economy and lingering concerns…
MAGA’s man inside Meta
Mark Zuckerberg bent the knee to Donald Trump. Joel Kaplan made it happen. The fusillade of major announcements from Meta this month — including the termination of its fact-checking and DEI programs and the ascension of its enigmatic content-moderation czar, Joel Kaplan, to head global policy — prompted a familiar churn of political reaction across…
How to ask your manager for a new role, according to a 20-year HR manager
This as-told-to essay is based on a conversation with Ashley Herd, the 43-year-old founder and CEO of Manager Method in Atlanta. It has been edited for length and clarity. Before starting my own company, I spent more than 20 years working in HR. During that time, I saw employees pitch changes within their roles to…
5 things I wish I’d known before I started my career in Silicon Valley at companies like Meta, LinkedIn, and Pinterest
Jean Kang. When I graduated from college in 2014, I thought I’d finally made it. Before graduation, I landed a role in Silicon Valley and was excited to start. Looking back now, after nearly a decade of working at companies like Meta, LinkedIn, Pinterest, and Figma and hopping roles more times than I can count,…
The secret to a successful workplace: middle managers
US businesses are betting that they can thrive with fewer middle managers. They could come to regret it. Some business leaders think scaling back middle-manager roles — a trend called the “Great Flattening” — could help them cut costs and operate more efficiently. Managers and workplace experts, however, told B-17 that middle managers can play…
AI companies like OpenAI and Anthropic are soaring in value. Here are the top 5 unicorns in the US.
Anthropic is reportedly closing in on a deal that would value it at $60 billion as investors pile into AI companies. The AI startup is backed by Amazon, and its latest funding round would propel it into the top five most valuable unlisted startups in the US — three of which are AI companies, according…
LA landlords are price gouging in the wildfires, says ‘Selling Sunset’ star Jason Oppenheim
Jason Oppenheim of Netflix’s “Selling Sunset” spoke out against price gouging in Los Angeles. Jason Oppenheim, star of Netflix’s “Selling Sunset,” has accused Los Angeles landlords of illegally price gouging rental rates amid the city’s devastating fires. In an interview with the BBC’s Laura Kuenssberg on Sunday, Oppenheim, who co-runs the Oppenheim Group with his…
BMW and Porsche have a China problem. They’re not the only ones.
Porsche on Monday said its deliveries in China fell by 28% in 2024. Porsche and BMW have become the latest European carmakers to report sliding sales in China. The two German automakers on Monday said their respective sales in the world’s largest auto market fell by 28% and 13.4% in 2024 compared with the previous…
