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Welcome back to our workplace newsletter. Very busy workers A quiet stop, fatFIRE-ingor to be Shoot quietly They are now. Work overload, feel like. Instead of “tying the knot” with a romantic partner before the weather cools down, workers are looking for a new job before the hiring freeze for the winter months, Glassdoor spokeswoman Jill Cotton told Refinery29. Job searches — like many divorces — should pick up again in February, Cotton said.
Today, in-person holiday parties are returning to the tech industry, but even the largest will be half the size they were before the pandemic. Additionally, one of the few tech companies with a co-CEO will return to having a single CEO.
– Alison Levitsky, reporteremail | Twitter)
Sleigh bells ringing
Are you ready to party like 2019? Some companies are bringing in ice skating rinks, juggling lessons and celebrity entertainers to bring back tech industry holiday parties that weren’t there before the pandemic.
As companies tighten their belts, this year’s parties won’t be what they used to be in past times — even Sundar Pichai warned Googlers to “try not to go overboard” this year — but some teams are still going all out.
This year’s biggest tech company holiday parties will be half of what they were before the pandemic. According to Non Plus Ultra, the venue and events company that hosted the meta’s best 2019 Game of Thrones year-end bash. (This year, Meta’s holiday parties may be held in groups depending on the office/venue/venue, spokeswoman Tracy Clayton told me.)
- The NPU is working on parties of up to 2,500 to 3,000 people this year, down from 5,000 to 6,000 pre-Covid-19, said Shannon White, NPU’s Bay Area general manager. “We’re back,” White said.
- This year’s parties will be “a little more subdued” than 2019, White said, but some will still be bright. A company has asked NPU about installing a skating rink at the party, which White said is “definitely doable in some of the larger areas we have.”
Salesloft, a 915-person sales software maker, is shelling out “more than seven figures” for three holiday parties. It will be the company’s first IRL year-end holiday before the outbreak, said Kathy Cox Branham, VP of People.
- The parties are planned for the Mercedes-Benz Stadium in Atlanta, the Gherkin in London and Casa Pedro Loza, an 1848 mansion in Guadalajara. (The company has offices in all three cities.)
- “There’s still something very special and magical about bringing people together and not being focused,” Branham told me. As this is a priority issue, we have prioritized it in our budget.
This year, companies are split between taking a more virtual approach with in-person gifts in the mail; According to Anna Porcelli, Phoenix, VP of Sales at Conven.
- “There’s a lot less mixed focus, we’re noticing, in terms of meetings and events,” Porcelli said.
- Customers are bringing in jugglers, hot chocolate stands and singers, Porcelli said. “Companies are using holiday parties to lure people back to the office and with unique experiences,” Porcelli said. “Celebrity chefs, diverse stations, unique food options and unique locations.”
- One big difference is the number of reservations. Before the pandemic, companies started planning holiday parties four to six months in advance. This year, HR teams started calling after Labor Day, and inquiries are still coming in, Porcelli and White said.
Then there are companies that don’t do much. Deque Systems, a digital access company, hasn’t held a virtual or IRL holiday party in over a decade, according to Glenda Sims, Deque’s chief information officer.
- About 25% of Deque’s more than 300 employees are based outside the U.S., and having a party in December seems more in line with the “traditional, not to mention, Christian American holiday season,” Sims said. It’s weird to say, ‘Oh, we’re having a holiday party,’ when half of your employees don’t even celebrate that holiday.
- That said, Deque is looking forward to the company’s general virtual meeting in April. “We know how to party,” Sims said. “We don’t just do it around the holidays.”
Another model colleague bit the dust
One of the only tech companies with a co-CEO, cloud security provider LaceyWorks returned to having one CEO this week. Protocol’s Kyle Alspach reports that David Hatfield has stepped down but will remain on the company’s board.
Hatfield took over as CEO last year and was joined by Facebook’s Jay Parikh as co-CEO a few months later. Parikh, who specializes in production and engineering at Lacework, told Alpatch that the move was planned and peaceful. “Unifying the company” under one CEO makes sense now, Parikh said.
Other companies that had two CEOs but reverted to one in recent years include SAP and Oracle (which had one CEO after the death of co-CEO Mark Hurd in 2019). Salesforce named Bret Taylor Co-CEO for Marc Benioff last November.
Read the full story.
A message from automation anywhere
Today, we expect instant results from every step we take, from calling an Uber to ordering a takeout. Companies cannot afford not to embrace technologies like automation. We now live in an automation economy – a new world that demands efficiency and a complete rethinking of how we work.
know more
in numbers
Two-thirds of companies say they’re not fully prepared to post wage limits to comply with wage transparency laws like SB 1162 (which will go into effect in California in January), according to a new report from Cindio on Workplace Fairness. Software provider.
- Of the 400 respondents in the HR, Total Rewards and DE&I departments, 35% said their companies were posting pay ranges or were ready to do so.
- One in five respondents said their company was ready, one in three said their company was somewhat ready, and one in 10 said their company was not ready, Sindio said.
Some staff news
Anyone else have a bad case of great resignation lashes? It’s hard to know which tech companies are growing, shrinking, floating or sinking. We are here to help.
⬇️ Meta’s policy to designate 15% of employees as “needs support” on reviews could affect 12,000 employees, Insider reports.
⬇️ Amazon is halting hiring in its retail business for the year, The New York Times reports.
⬇️ Peloton, the fitness bike maker, is “cutting another 500 jobs as it focuses on growth,” CEO Barry McCarthy told CNBC.
Check out our tech company tracker for more news on hiring, firing and restructuring.
A message from automation anywhere
Today, we expect instant results from every step we take, from calling an Uber to ordering a takeout. Companies cannot afford not to embrace technologies like automation. We now live in an automation economy – a new world that demands efficiency and a complete rethinking of how we work.
know more
around the internet
A collection of workplace news from the farthest reaches of the internet.
Meta is downsizing and remodeling offices, and may end some leases or consolidate floors. (WSJ)
Hotel occupancy in downtown San Francisco nearly hit 2019 levels during Dreamforce. (Axios)
A survey of 3,000 managers from presentation software provider beautiful.ai found that remote workers are the first to be fired. (MarketWatch)
Most of us aren’t working offshore, it turns out: remote work dominates in big cities. (Bloomberg)
Thoughts, questions, suggestions? Send them workplace@protocol.com.
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