June 5, 2022
Photo: Alistair Berg via Getty Images
Welcome back to our Workplace newsletter. Today: how to make the most of hiring across time zones while maximizing collaboration and productivity, the latest on layoffs and the jobs market and how employees feel about taking a stand vs. how the big boss feels.
In the ongoing war for talent (which is still a thing even amidst this economic downturn), more tech workers are opting to bring their talents to companies that have flexible or remote work policies. Salesforce, Slack, Atlassian, Airbnb and Twitter are among the big tech companies that have announced “work from anywhere” policies for the majority of their employees.
I spoke to two startups that are successfully hiring and working across multiple time zones and consider themselves completely “time zone agnostic” about things to consider when hiring across time zones:
Hiring a global workforce is simple enough. But then there’s the challenge of collaborating effectively when your evening is your co-worker’s morning:
It’s another week of announcements of tech company layoffs, hiring freezes and slowdowns. For those who didn’t think things could get worse, this week’s round was also accompanied by rescinded job offers at places like Coinbase, Loom and Twitter. If you’re having trouble keeping track, my colleague Nat Rubio-Licht and I are continually updating Protocol’s running list of layoff, hiring slowdown and freeze announcements as they come in.
For corporate America, that is increasingly a question execs are confronting, whether they like it or not. Coinbase has most recently been in the news for its hiring slowdown and rescinded offers, but you might remember CEO Brian Armstrong making headlines in late 2020 for refusing to take a stand on social issues outside of the company’s central mission (which he stated at the time as creating “an open financial system for the world”).
He’s been talking about it again this week on The Good Time Show, specifically saying that employees who are passionate about external issues are typically devoting more time to them, thereby marking themselves as underperformers who are “easy to eliminate.”
What’s interesting about Armstrong’s perspective is that most employees do care about social issues and want their companies to take a stand, at least according to a new survey of 1,900 workers from employer review site JobSage.
New business model alert: Kabbage co-founders are back with a startup that pays employees to not change jobs.
“This is about saving democracy.” A billionaire and an Ethereum co-founder think blockchain can create a non-toxic Facebook.Here’s what it’s like growing a startup in the middle of war: Allison Levitsky talks to tech leaders in Ukraine.
Rightsizing, where each meeting space is outfitted for a specific purpose, is top of mind for facilities pros. Reconfiguring rooms to support new hybrid work schedules enables personalization and a safe return to the office. Understanding how employees will use spaces as they come back will be critical for success.
A roundup of workplace news from the farthest corners of the internet.
Internal documents showed that Klarna offered paltry severance to laid-off employees. Workers fought back. And won.
Curious what Alphabet and Meta paid their employees on average last year? Here’s the data.Here’s how to do them with empathy, while preserving your brand reputation.
Thoughts, questions, tips? Send them to email@example.com. Have a great day, see you Tuesday.
Correction: This story was updated to correct Vanessa Stock's title. This correction was made June 13, 2022.