Layoffs has been notably absent in the past two years as pandemic stimulus measures funnelled cash into the economy and firms struggled to hire, leading to the tightest labor market in decades.
In major cities across the globe, including New York City, rent prices have gone through the roof. It’s putting the squeeze on some renters in unmanageable ways.
An anonymous reader quotes a report from the BBC: Investment-banking firm Goldman Sachs made an eye-catching move last week: it granted unlimited paid holiday to its senior staff. According to a memo seen by a number of media organizations, partners and managing directors will be able to "take time .