Leadership
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Parents are so panicked about the job market they’re paying career coaches $15,000 years before their kids graduate from college
Career coaches often tell college students to start looking for jobs months before turning the tassel. But in an increasingly brutal job market, some parents are planning years ahead of when their kid receives a diploma. While the average college tuition today costs more than $38,000 a year, anxious parents are betting thousands more will
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Jensen Huang bans one-on-one meetings, and Airbnb’s Brian Chesky doesn’t use email—meet the CEOs with unconventional work-life rules
White-collar workers have fallen into the mundane rhythm of office life: checking an endless stream of emails, sitting through a barrage of meetings, and pushing through mental fatigue by week’s end. But some CEOs are rewriting norms of the corporate world, leading billion- and trillion-dollar companies on their own terms. Nvidia CEO Jensen Huang: no
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MacKenzie Scott has donated more than $26 billion—but it’s barely made a dent in her net worth because of the power of Amazon shares
MacKenzie Scott is one of the biggest names in philanthropy. The billionaire novelist, philanthropist, and ex-wife to Amazon founder Jeff Bezos has donated an eye-popping $26 billion since 2019. Scott came to much of her fortune through her connection to Bezos. (They divorced in 2019.) During her marriage, she played a key role in Amazon’s
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Zillow’s CEO says his friends were shocked when he quit a cushy Microsoft job—but Steve Jobs led to his success at the $10.5 billion real estate firm
The 2008 financial crisis burned bad memories into the back of Americans’ brains: employees being laid off in droves, families struggling to put food on their tables, and a housing market in peril. But Zillow’s CEO, Jeremy Wacksman, says the time was the start of a new beginning. Less than one year later, he ditched
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Dana Perino was terrified to leave the White House — until George W. Bush changed how she thinks about her career
Landing a job—especially one that is well-paid and personally fulfilling—can feel like the hardest part of building a career. But in today’s uncertain labor market, even established professionals face sudden transitions, and mid-career pivots can feel just as destabilizing as early-career ones. Just ask Dana Perino. After George W. Bush’s administration ended, the former White
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United CEO Scott Kirby and American CEO Robert Isom were once colleagues known as the ‘dream team.’ Now Kirby wants to acquire his rival
One takeover attempt is bold. Two? Rare indeed. But when news broke in mid-April that the United CEO was interested in acquiring his rival American Airlines, it was the third time this maverick air exec decided he wanted to reshape the playing field. As Fortune reported earlier, it’s far from clear such a merger would
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The power has swung back to employers—and workers are paying for it in benefits, flexibility, and leverage
Employers have regained their power over employees, and the effects are already showing up. During the peak of the Great Resignation in November 2021, 4.5 million workers left their jobs voluntarily. As of last month, that number was about 3 million as employees hesitated to leave their jobs at a time when job searches can
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Twitter cofounder Jack Dorsey breaks down his thought process when he laid off 40% of his Block staffers because of AI
While some tech leaders shy away from admitting their job cuts are related to AI, Block’s CEO Jack Dorsey pointed to the advanced tech in cutting 40% of his staffers. Dorsey, who also founded Bluesky and Twitter (acquired by Elon Musk and renamed to X), is pulling back the curtain on a major layoff decision
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Pope Leo warned the world is in ‘big trouble’ if Elon Musk becomes the first trillionaire
Pope Leo XIV sounded the alarm over the growing wealth inequality between CEOs and workers—and he singled out Elon Musk’s path to trillionaire status. In one of first formal interviews after being named pontiff last year, Pope Leo said soaring executive paychecks may be putting the world in “big trouble.” This came as a report
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Could United and American airlines really merge? 5 key questions about a blockbuster deal
In the past few days, headlines are buzzing over the possibility of a mega-mega-merger that before the news broke, would have seemed inconceivable: A possible tie-up between United Airlines and American Airlines. American already ranks as the world’s largest carrier by passengers flown, and United stands forth; at their current sizes, the combo would be