Companies are using layoffs to cut new-hire salaries and win back the power they held before the pandemic, some recruiters say

Tech Insider : Economy
man getting laid off and waving goodbye
Companies are lowering salaries for new hires, and recent layoffs are tamping down the power of remaining employees, recruiters say.

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How Gen Z and the Great Resignation created a wave of overinflated job titles

Tech Insider : Economy
A baby wearing a too-large suit sits at a desk with a job-title plaque in front of them that reads 'Senior Executive Vice President
Associates are now "partners," and everyone's a "senior executive VP." Why did regular-old job titles suddenly get so pompous-sounding?

iStock; George Marks, Sellwell, C.J. Burton/Getty images; Robyn Phelps/Insider

Goldman Sachs cut CEO David Solomon's pay by 30% in 2022. He made only $25 million.

Tech Insider : Economy
david solomon

Reuters / Shannon Stapleton

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