When the ‘Underperformers’ in a Company Find Their Voice
This Week’s Dispatch
Refusing to Stay Silent
There are layoffs steered by the relentless pursuit of cost efficiency. But does it make one ponder—are “performance-based” layoffs merely a euphemism for standard retrenchments?
Some employees at Meta might have thought so this year. When CEO Mark Zuckerberg proclaimed a wave of cuts to enhance “performance management,” it stirred feelings of doubt. This turbulence raised questions not just about performance standards, but about the core ethics at play. Who were these strategists of human capital targeting? Which wings of Meta would bear the brunt?
Our adept chief correspondent, Aki Ito, decided to dive in.
Aki, with her perceptive insights, picked up on something compelling. Those tagged by labels they deemed unjust? They wouldn’t go quietly into the night. Instead, many voiced their grievances on LinkedIn. Can one truly blame them?
“In an unusual twist, we observe professionals rallying against their disfavors so vocally,” noted Aki in one of her incisive analyses. Could this chutzpah on social media backfire for job seekers, or is it an essential catharsis?
Trump-Supporting Federal Workers Speak Out
As President Trump endeavors to trim down the federal workforce, controversy brews with every cut. While outcry rings from those fearing job loss, what of those who voted for Trump? Do they silently wrestle with buyer’s remorse?
Four undeterred federal workers who opted for Trump shared their stories. They supported diminishing government inefficiencies, yet harbored apprehensions about the administration’s direct targeting. It’s a complex concoction of hope and hesitation.
The Bankers Fueling M&A’s Revival
Another year, another dance of billions in M&A—a remarkable $1.43 trillion in deals was birthed last year in the US. After 2022’s frosty pause, is Wall Street witnessing a renaissance?
With MergerLinks’ brainpower, we’ve unveiled our annual “The Rainmakers.” This latest edition pays homage to investment banking titans ranked by their deal prowess. And a historic accolade goes to JPMorgan’s Anu Aiyengar—she’s the first woman to lead the list.
Snag the Apartment Deals While You Can
The rental game is fierce. With high rises multiplying like rabbits, landlords are more generous than ever. Yet, caution beckons—will the pattern endure?
As developers prune new project numbers amidst surging costs, expect fewer available specials. Time to ask oneself: Grab the ecstatic deals today, or regret when tomorrow’s market pivot tightens the noose, raising rents skyward?
The Startups to Bet Your Career On
Silicon Valley may have seen its meteoric rise stagger, but innovation doesn’t slumber. With AI reigniting the flames, which budding startup trailblazers deserve a career gamble?
Our curated anthology showcases astute founding teams and deluge-infused investments, extending from AI model magic to advanced medical note scrutinizing technologies. They’re not just startups—they’re tomorrow’s beacon.
As Doug Herrington of Amazon emphatically put it, “We have to keep reducing costs so that we can afford the big investments in big new businesses.” Choices, strategy, foresight—it’s all in the meticulous orchestration.
More of this week’s top reads:
- SBA won’t try to claw back $155 million in controversial COVID grants to celebrities.
- Trump and Musk froze USAID funding. US citizens are feeling the impact.
- A 44-year-old small-business owner shares their blueprint: retire by 50 without ever making $100,000 annually.
- Retail investors share insights on navigating the 2025 market.
- America hasn’t been this bullish on stocks since just before a major sell-off.
- After leaving DOGE, Marko Elez joins xAI. Find out more.
- TikTok’s new RTO policies spark reactions. Read more here.
- A real-estate conference reveals insights beyond market trends. Discover them now.
- Forget Trump trading; Elon Musk’s enterprises are the new epicenter. Curious? Learn why.
- Hedge funders’ guide to meme coins and crypto wins. Their 2025 bets will intrigue you.
- Technical snafus while assisting an elder’s phone set up. Here’s how it unfolded.
The BI Today team: Dan DeFrancesco, deputy editor and anchor, New York; Grace Lett, editor, Chicago; Amanda Yen, associate editor, New York; Lisa Ryan, executive editor, New York; Elizabeth Casolo, fellow, Chicago.
Edited By Ali Musa
Axadle Times International–Monitoring