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The Latest Breaking News from Peter Cappelli

Top economist says AI just hasn’t delivered on the productivity hype—and it means a 'painful repricing' of markets is very possible

Apollo Chief Economist Torsten Slok warns there’s reason to be concerned about AI being unable to yet generate returns on investment.

Fortune

What if remote work—or the millennial boss—is the real Gen Z hiring nightmare?

A study of 650 million hiring records says remote work is the culprit. But the Wharton professor who wrote the book against remote work isn't so sure.

Fortune

The AI productivity paradox: More work, not less

AI is making workers dramatically more efficient. But companies are simply piling on more work. Here's what's actually happening behind the scenes.

Fortune

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No 'job apocalypse': Goldman Sachs CEO denies the AI hiring nightmare is real

"Technology has been disrupting jobs, changing the way people work, destroying jobs ... for decades," David Solomon says.

Fortune

Wharton’s great contrarian says AI isn't an easy excuse to cut jobs—or easy at all: 'The key thing ... is just how much work is involved in doing it'

Peter Cappelli says headcount will (eventually) go down, with a human in the loop, and productivity will go up. But "it's hugely expensive to do this."

Fortune

AI layoffs are looking more and more like corporate fiction that's masking a darker reality, Oxford Economics suggests

"Firms don't appear to be replacing workers with AI on a significant scale," the firm said. It suspects some are trying to "dress up layoffs" as good news.

Fortune

Meet the ‘empowered non-complier’: A certain kind of valuable worker who flouts return to office whenever they feel like it

JLL’s Workforce Preference Barometer finds that your most valuable employees probably least want to be in the office—and they have the power to stay home.

Fortune

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The End of Flexible Work? 'Hybrid Creep' Is On The Rise, New Study Finds

Flexible work may soon be a thing of the past. Some 34% of workers report being required to be in the office four days a week in 2025, according to a survey by video conferencing company Owl Labs.

Benzinga

Fine for me, bad for us: 2 top management professors explain why remote work is bringing you down

Peter Cappelli and Ranya Nehmeh’s “In Praise of the Office” diagnoses what’s behind the problems of onboarding Gen Z and Zoom meetings attended by AI agents.

Fortune

Revenge RTO: Workers are coming in late, leaving early and stealing snacks as they find small ways to get back at their bosses

“If the shareholders are taking my wages, at the very least, I'm going to take home three Gatorades and a couple Uncrustables.”

Fortune

Woman’s New Manager Is The Father Of Her Child But Has No Idea, She Turns To Netizens For Advice

Woman gets pregnant after one-night stand, guy doesn’t find out he’s the dad until he almost becomes her new manager years later. The post Woman’s New Manager Is The Father Of Her Child But Has No Idea, She Turns To Netizens For Advice first appeared on Bored Panda.

Bored Panda

Meta's 'low performer' layoffs disputed by fired staffers and criticized by experts

Meta says its most recent round of layoffs was aimed at 'low performers,' but laid off staffers and experts have been questioning the company's methods.

Fortune

Amazon and AT&T want an end to remote work: will 2025 finally be the death of WFH?

With the pandemic behind us, some executives argue that remote work has outlived its usefulness. Yet the data tells a different story.

Fortune

‘HR is not your friend’: why frustrated workers are hiring reps of their own

Many US employees don’t trust their HR departments, and instead turn to independent services for help with discrimination or harassment issues

The Guardian - US

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Fortune

Citadel CEO Ken Griffin says remote work has created a ‘wild card’ workplace that makes it easier to fire people

"The cultural or social contract that holds people together…is unquestionably weaker,” Griffin said of a remote work environment.

Fortune

If you make your employees feel too comfortable, they just won’t work as hard, study suggests

The psychological safety of a “no bad ideas” culture might lead people to put their feet up.

Fortune

Boeing is letting top execs work in small offices near their homes and commute by private jet rather than relocate to new HQ

Top brass at the aerospace giants are seemingly given special treatment when it comes to any return-to-office policy.

Fortune

Promoting your CEO to executive chair can be a big mistake. So why are so many companies doing it?

Disney's bumpy ride under Bob Iger and Bob Chapek shows the downsides of moving a veteran CEO into the chairman's position.

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Fortune

Many CEOs don't know what their employees need. 'Engagement' surveys can make the problem even worse

CEOs and managers are increasingly out of touch with their workers, and employee surveys may be doing more harm than good.

Fortune

Mark Zuckerberg’s year of efficiency takes another turn as he joins McDonald’s and Google by laying off thousands in the metaverse

Mark Zuckerberg continues to streamline the tech giant with a round of (remote) layoffs, though experts suggest they're not always cost-effective.

Fortune

Welcome to remote layoffs, where bosses would rather fire you from your living room

Mcdonald's is the latest company to ask workers to stay home during layoffs. That might not be such a bad thing, one expert says.

Fortune

Over 150,000 people have been let go so far this year. Are layoffs a confession of bad management?

If 2023 is “the year of efficiency,” what were the CEOs of Meta, Amazon, and others doing in all those previous years?

Fortune

80% of companies plan to give raises in 2023, according to a new survey

But 15% of employers are unsure whether they will offer raises, Payscale found.

The Times of India

Meta, Alphabet target middle managers with tech jobs cuts

SAN FRANCISCO: As Meta Platforms Inc, Alphabet Inc and other Silicon Valley behemoths look to lighten payrolls after years of feverish hiring, a clear target has emerged: the middle manager.

Fortune

There's a surprising culprit behind mass layoffs, says a prominent management professor at Wharton

According to Peter Cappelli, the current state of financial accounting of human capital is a big issue.

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