Startups are hiring fewer workers, and paying out less in equity comp

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday episode, in which we dig into critical startup news to stay abreast of what founders and venture capitalists are working on. Today … Read more

Stripe rival soars 21% on profit beat, hiring slowdown

Adyen reported a big miss on first-half sales Thursday. The news drove a $20 billion rout in the company’s market capitalization . Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Adyen, … Read more

X hiring content moderators for a new ‘Trust and Safety’ center in Austin

X, formerly known at Twitter, is building its content moderation team back up, but not completely. According to Bloomberg, the company is hiring 100 employees for a “Trust and Safety center of excellence” in Austin, TX. After Elon Musk took over the platform in 2022, he laid off around 80 percent of the company and … Read more

AI hiring frenzy to fuel layoffs in other tech segments this year

Stick figures image displayed on a laptop screen and a binary code displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on January 24, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images As tech firms prioritize investments into artificial intelligence and go on … Read more

Tesla hiring Nordic policy expert as ‘WWE-like standoff’ with unions intensifies

C.E.O. of Tesla, Chief Engineer of SpaceX and C.T.O. of X Elon Musk takes the stage during the New York Times annual DealBook summit on November 29, 2023 in New York City.  Michael M. Santiago | Getty Images Tesla is hiring a Nordic public policy expert as the U.S. electric vehicle giant’s bitter dispute with … Read more

Startups should consider hiring fractional AI officers

Raphael Ouzan Contributor Raphael Ouzan is the founder and CEO of A.Team, a future-of-work company pioneering the world’s first AI-enabled team formation platform. More posts by this contributor A Developer’s Guide To The Wild West Of App Discovery The AI skills gap is real. A recent study from Randstad, the recruitment company, found that job … Read more

Singaporeans turn to fortune telling for money, hiring and love advice

A fortune teller predicting the future to a passer-by. Luis Acosta | Afp | Getty Images SINGAPORE — When it comes to looking for perfect hires, it’s not just work experience and resumes that are scrutinized. For some employers in Singapore, the day and time the candidates were born are just as important. To determine … Read more

DOJ sues SpaceX for hiring discrimination in opposition to refugees

A Falcon 9 rocket is displayed exterior the Area Exploration Applied sciences Corp. (SpaceX) headquarters on January 28, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Pictures The U.S. Division of Justice sued SpaceX on Thursday, alleging Elon Musk’s area firm discriminated in opposition to refugees and asylum seekers in its hiring … Read more