Leadership
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What the Nike CEO’s remarks reveal about rallying employees through turnaround fatigue
When CEO Elliott Hill addressed Nike employees after another disappointing earnings report, he did something many leaders avoid once a turnaround starts to drag. He named the mood in the room. “I’m so tired, and I know you are too, of talking about fixing this business,” Hill said at a Tuesday all-hands meeting, according to…
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AI is about to send millions to ‘professional identity purgatory.’ Here’s what I discovered after my 30 year career crashed to a halt
On November 7, 2023, my career ended. Not with a dramatic firing, not with a bitter exit, but with an acquisition that made my role redundant. Nearly three decades in the industry. Nine years in an executive role at a biotech company. And then: nothing. I didn’t just lose a job. I lost the scaffolding…
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While other CEOs freeze entry-level roles, this AI founder is hiring Gen Z with zero experience
Gen Z can’t catch a break. They’re struggling with mass unemployment as entry-level jobs vanish. Some 40% of bosses have admitted they plan to hire even fewer grads this year because AI can do the same job cheaper, preferring instead to keep only seasoned staffers on board. But at one AI company, the less experience…
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Delta started sharing profits with its 100,000 employees two decades ago. CEO Ed Bastian says shareholders love it
For Delta employees, Valentine’s Day lately has come with a little something extra: a bigger paycheck, thanks to Delta’s now robust profit-sharing program. The payout is sizeable: this year, Delta dispersed over $1 billion to its roughly 100,000 employees. For Delta CEO Ed Bastian, keeping employees happy is just a key to the airline’s success.…
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Netflix cofounder says he stopped work at 5 p.m. every Tuesday for 30 years to stay ‘sane,’ no matter the crisis: ‘Nothing got in the way of that’
Business leaders love to debate the myth of work-life balance. But for Netflix cofounder Marc Randolph, the rule was simple: every Tuesday at 5 p.m., he walked out—no matter what. “I’ve worked hard, for my entire career, to keep my life balanced with my job,” Randolph wrote in 2023 LinkedIn post that has recirculated on…
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Jamie Dimon’s reality check for ambitious workers: ‘There’s going to be a grunt part to every part of a job. Get over it’
JPMorgan Chase CEO Jamie Dimon didn’t mince words in his message to workers: Get over the fact that work is hard. Speaking with Patricia Devine, JPMorgan’s global head of corporate sales, at the Female Quotient lounge in Davos, Switzerland, in January, Dimon laid out the harsh reality for workers striving for instant gratification: “There’s going…
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Meet a former VC who has a plan to prepare American students for an AI-disrupted future
American schools are at a crossroads. Artificial intelligence companies say their technology will completely reshape the workforce, and no one knows how, as the definition of career readiness is being rewritten. Education advocate Ted Dintersmith believes the stakes couldn’t be higher. “It’s a world where all of these jobs are going to just vanish. We…
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Meet the Gen Z grads reviving accounting—colleges are reporting near-perfect placement rates at $80K starting salaries
Amid record anxiety about the future of work—and growing warnings about the potential erosion of white-collar careers—one unlikely field may be getting the last laugh. Accounting, long stereotyped as dull and tedious, has struggled for years to attract young talent. On top of a greying workforce, more than 300,000 accountants left the profession between 2019…
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How Corporate Natalie turned a $500 brand deal into a creator empire—and her own agency
When Natalie Marshall, better known as Corporate Natalie, landed her first brand deal (a sponsored post for Twisted Tea), she made $500 and felt invincible. “I was like, I am the richest woman in the world,” she told Fortune. The then-nascent content creator took her friends out to the nicest sushi restaurant she could find…
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The founder of a $2.5 million AI-powered legal business started work at her DA’s office at just 12 years old
The average worker will switch jobs six times before they hit their mid-20’s, in pursuit of bigger paychecks and a career they find fulfilling. Others find their true calling much earlier in life—but few can top Logan Brown, a legal AI entrepreneur who watched court cases unfold before her recess days were over. Brown is…