DawentsIT Readers! It’s the middle of the week, 10 Things in Techies. I’m DawentsIT!
Let’s dive into today’s Tech:
ALL THINGS IN TECHNOLOGY NEWS YOU NEED TO KNOW TODAY
1.Amazon’s flawed job posting process. The company had little oversight of the hiring process until last year, Insider learned. Managers recruited and hired way more employees than they were approved to bring on.
–Amazon Web Services, for example, had 24,988 job openings in 2022. But only 7,798 of them were approved, according to a leaked document. This means the department was hiring for three times the number of roles it was budgeted for.
–One employee told Insider that leaders tried to “squeeze people in where they could,” due to overhiring. In the aftermath, Amazon has seen multiple rounds of mass layoffs. (Also! Check out this leaked, all-hands message about “single-digit” percentage cuts to AWS)
–My colleague Eugene Kim breaks down Amazon’s flawed hiring process. He also highlights the pushback it received while trying to fix the fragmented system.
In Other News:
2.TikTok’s best defense against getting banned — 150M monthly users. This means around half of the US population uses it. And with so many voters regularly using TikTok, politicians are wary of making any big moves.
3.Bumper-to-bumper: The two largest electric SUVs. The BMW iX and the Rivian R1S are two of the largest EVs on the market. They’re both aesthetically striking and incredibly fast. But they offer distinct strengths.
4.Gen Z loves real estate investing. Many young people are turning to real estate to escape a traditional 9-to-5 job. They have unprecedented access to information and new tech. Plus, they’re learning from the mistakes of millennials.
5.Google’s competitor to ChatGPT is finally out. Bard is finally open for non-Googlers to use. Bonus: Bard is already taking digs at its creator.
6.ChatGPT’s instructions on how to get rich quick (or not). The prompt: “You have $100, and your goal is to turn that into as much money as possible in the shortest time possible, without doing anything illegal.”
7.How to make $10,000 per month on OnlyFans. Direct messages. Personalized videos. Shoutouts. OnlyFans creators share how they make more than $10,000 per month. Some even make more than $100,000 per month.
8.”Airbnbust” is actually the market hitting maturity. Many Airbnb hosts are worried about the short-term rental market bubble bursting. But it’s not so clear-cut. Booming or busting depends on what city you’re in.
9.Revenue-per-employee is making a comeback. This metric was phased out when the tech industry was flourishing. Check out its resurgence now that the industry is on shakier ground. Bonus: Multiple rounds of layoffs show how companies are taking back their power.They’re likely not stopping there.
10.A tech worker whose job offer was rescinded shares the red flags they overlooked. It was retracted six days before his start date. He shared the red flags he overlooked during the hiring process, including the hiring of a new chief revenue officer.
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