[credit provider=”Daversa Partners” url=”http://daversapartners.com/”] There’s one name that’s been coming up again and again when we talk to tech CEOs about the talent they’ve brought on board: Daversa Partners.That’s the firm run by Paul Daversa, who’s arguably the hottest recruiter in Silicon Valley right now.
[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=EZcrBbhmnhk”] Time for a reunion at Yahoo headquarters?New CEO Marissa Mayer is trying to bring Katie Jacobs Stanton, a top Twitter executive, to Yahoo, Kara Swisher reports at AllThingsD.
[credit provider=”Ellis Hamburger”] After we reported that Google has a policy aimed at stopping Square from poaching employees, we wondered: Why Square?Facebook and Twitter, which are also on Google’s watch list, compete directly with Google for advertisers. Square ostensibly competes with Google Wallet, but that’s an experimental effort that hasn’t […]
[credit provider=”Owen Thomas, Business Insider”] Several sources including one high-level former executive at Google have told us something interesting: Google has a very short list of companies it doesn’t want its employees to join.If any employee gets a job offer from one of these three companies, Google has a policy […]
[credit provider=”Alex Proimos via flickr ” url=”http://www.flickr.com/photos/proimos/4045973322/”] Every year, Wall Street brings in a new batch of young, hungry analysts and associates fresh out of college or business school. There’s a possibility that one day some of these young finance professionals could wind up in the C-suite.
Yesterday, Yahoo’s CEO search was down to two names: interim CEO Ross Levinsohn and Hulu CEO Jason Kilar.
What have Wall Street’s laid-off bankers been doing since they got the boot? Fretting about finding another job and furiously sending out resumes? No way!
Former Time Inc. exec Robin Domeniconi will start as Microsoft’s (MSFT) VP of U.S. ad sales on January 1.
Want to work for Union Square Ventures‘ Fred Wilson — No. 3 on the Silicon Alley 100, famous Apple Store spy, and world-champion mechanical bull rider?
The writing on the wall doesn’t look good for Internet movie service Vudu, which slashed nearly 20% of its workforce the other day, including co-founder and former VP of marketing Patrick Crosson.
After Keith Olbermann and Chris Matthews were demoted from their co-anchoring duties for election coverage this summer, rumours swirled that GE CEO Jeff Immelt might have been behind the move. But it seems the change was really led by another NBC steward: Tom Brokaw.
HP said today that it’s laying off 24,600 employees – 7.5% of its workforce – as part of corporate restructuring resulting from the company’s purchase of EDS. Together, the two companies have 325,000 employees, and the layoffs will be spread across both workforces.
The National Football League trimmed 150 people from it’s staff. (Not players or coaches, for those reading this quickly, but staff.) That’s about 10% of the 1,100 employees the league employs. Why’d they do it? In response to the downturn in the nation’s economy. What a weak excuse, everyone is […]
One would think there was no better time to be a pirate than now, but apparently it’s not the best time to be a pretend pirate.
Big staffing changes coming to Engadget, AOL’s top tech blog: Editor-in-chief Ryan Block is, as rumoured, leaving in late August to launch a startup, and staffer Josh Topolsky will take his position.
Velocity Interactive Group, the digital media/communications investment firm headed by former AOL CEO Jon Miller (SA 100 #64) and former Fox Interactive Media (NWS) President Ross Levinsohn, adds a new investment partner: Jorge Espinel, who was last head of corporate strategy and M&A for AOL (TWX).
How to save the world from further financial doom and get laid off employees back to work? Simple. Just let people who need to work, you know to buy stuff, be the ones doing the jobs. The rest of you can take a hike.
Rahm Emanuel, Illinois Congressman and brother to Hollywood super-agent and Entourage model Ari Emanuel has accepted Obama’s offer to be his chief of staff.
[credit provider=”CNBC”] UPDATE: A Morgan Stanley spokesman says the story is completely untrue. We’re keeping it up because it’s a story we heard from someone who works with Moore. It’s a rumour that was going around the firm. We don’t know if it’s true or not.
After being effectively demoted from his CEO position at BMG last spring, Clive Davis is now leading hit-making efforts at the newly reconstituted Sony Music Entertainment.
Lehman Brothers plans to cut nearly 1,500 employees before it announces its third-quarter results.
Liz Smith spoke to Tom Cruise this week about Valkyrie, his forthcoming Nazi tale, and United Artists, his sputtering studio.
Simon Cowell’s been hinting for weeks that he’ll ditch American Idol once his contract ends next year, consistently mentioning that he’s signed a deal that ends next year and that he thinks that’s it.
The bottom just fell out of virtualization software firm VMware: Shares are down some 26% to $39.33 after the company ankled its CEO and said full-year revenues will fall short of expectations.
Google is hiring a “Doodler” to illustrate all of those cool Google logos for special days of the year.
[credit provider=”Ryan Gomba” url=”http://instagr.am/p/D8sbF/”] Instagram has hired Ryan Gomba as the company’s newest engineer.This hire takes Instagram’s famously small workforce from 8 employees to 9.
[credit provider=”The Hollywood Reporter”] A single hire can turn around an organisation.Game-changer hires include product visionaries, a whistleblower CEO, campaign wizards, outstanding coaches and more. Many started in the middle of the recession and were able to lead their organisation into the recovery.
[credit provider=”Photoshop by Business Insider”] You probably remember when we first wrote about Joseph Maddalone, the guy who cold called T. Boone Pickens for a month straight for an internship position until the billionaire energy tycoon finally got back to him.The 22 year-old, who currently runs New York-based recruiting firm […]
[credit provider=”Google” url=”http://www.google.com/intl/en/press/images.html#Zurich%20slide”] How does Google, a giant company with thousands of employees and a rich valuation, attract some of the brightest minds in Silicon Valley who are being recruited to buzzy startups with tons of upside?Google recruiter Mike Junge tells Connie Loizos at peHUB, “A lot of big employers […]
[credit provider=”Screenshot”] Apple is looking to hire high level executives with web-software experience, the Wall Street Journal reports:It has approached at least one prominent Internet entrepreneur since at least earlier this year about a possible position, according to these people, who say the details of the possible job were unclear. […]
[credit provider=”AP”] Every year, Wall Street CEOs take home handsome pay packages, but they’re not the only ones raking in the big bucks. Outside of the corner office, there are a handful of high paying jobs on Wall Street.
[credit provider=”Scott Beale / Laughing Squid” url=”http://laughingsquid.com/”] Google used to ask job applicants ridiculously hard brain teaser interview questions.No longer!
[credit provider=”Keng Susumpow” url=”http://www.flickr.com/photos/kengz/1807614622/”] Google is almost as famous for its amazing workplace – (Free valet parking! Amazing retreats!) – as it is for its incredibly painful hiring process.The problems have been:
In an effort to bolster its Latin American debt capital markets team, J.P. Morgan has hired Carlos Aspillaga away from Barclays Capital to act as its executive director, heading government debt and Colombian, Central American and Caribbean corporate debt offerings, Bloomberg reports.
[credit provider=”Wikipedia” url=”http://en.wikipedia.org/wiki/Malcolm_Gladwell”] An interesting branding move here…Embattled Bank of America announced today it has hired writer for The New Yorker and author Malcolm Gladwell for its lecture series aimed at small businesses. [via RawStory]
Middle market investment bank FBR just cut 100 jobs from their bond department, Fox Business senior correspondent Charlie Gasparino just Tweeted.
[credit provider=”Daily Business Review” url=”http://www.dailybusinessreview.com/editorial_bios.jsp”] If you can’t beat them, join them.Miami-based business journalist Eddie Dominguez, who served as the executive editor of the Daily Business Review for the last decade, is leaving the publication and joining a bank, TalkingBizNews reported.
[credit provider=”Akamai” url=”http://www.akamai.com/html/about/management_team.html”] Here’s a fresh, if minor, twist in the Yahoo saga.Yahoo board member, and potential CEO, David Kenny is stepping down from his post as president at Akamai.
Nomura Securities, the Japan-based investment bank, cut 400 of its staff globally last week, according to a source with knowledge of the matter.
[credit provider=”Flickr/Yahoo” url=”http://www.flickr.com/photos/yodelanecdotal/3940919635/”] The latest twist in the Yahoo soap-opera has the company’s Chief Marketing Officer Elisa Steele shaking up operations, and paving the path for her departure.Kara Swisher at All Things D got a memo Steele sent out to Yahoo’s employees on the new marketing structure. And boy does […]
Mike Brennan, a former University of Notre Dame football player who was later drafted by the NFL, is joining Citigroup’s high-yield sales division, Bloomberg reported.
[credit provider=”Wikimedia Commons”] A hedge fund manager, who is suing her former sex discrimination attorney for millions in damages, claims her attorney gave her bad advice by telling her to cry in a meeting with her boss.Celia Elizabeth Farnon, who now manages Samena Japan Absolute Return Fund, says she went to […]
[credit provider=”McKinsey” url=”http://ww1.mckinsey.com/ideas/wef2005/biographies/davidhunt.asp”] Prudential Financial announced that David Hunt, formerly with McKinsey & Co., will serve as its chief executive officer of its investment management division.Michael Kimelman, a father of two, was sentenced to two and half years in prison for his involvement in the Galleon insider trading scheme. Had […]
[credit provider=”via TalkingBizNews” url=”http://www.talkingbiznews.com/wp-content/uploads/2011/10/Ruhle-new.jpg”] Stephanie Ruhle, a former managing director at Deutsche Bank, has been hired by Bloomberg Television as a correspondent, TalkingBizNews reported. Ruhle will co-anchor “Inside Track” on weekdays from 6 a.m. to 8 a.m. with Erik Schatzker.
Moore Capital Management traders Jens-Peter Stein and Christopher Nicoll are planning to launch their own hedge fund.Tyrone Gilliams Jr., a commodities trader and hip-hop promoter, was arrested on Wednesday morning in Philadelphia on charges that he allegedly committed wire fraud.
[credit provider=”Nokia”] Nokia announced plans to let go of 3,500 employees this morning.The cuts come from closing a manufacturing plant in Cluj, Romania and consolidating its Location and Commerce teams.
[credit provider=”Wikipedia”] Josh Lewsey, a former England rugby star player who was a member of the 2003 World Cup championship team, now works for Citigroup.According to Financial News, he joined the bank’s London offices as European equities sales trader.
A young barista wearing nothing but a green apron, Christopher Cristwell became an internet celebrity this summer with a video mocking customers at his Starbucks in Chowchilla, Calif.
Massive layoffs are hitting Wall Street this fall.
[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:George_Soros_-_World_Economic_Forum_Annual_Meeting_Davos_2010.jpg”] Scott Bessent, a veteran at Soros Fund Management who ran George Soros’s European investments for eight years, is now returning to the firm as chief investment officer, Bloomberg reported.Bessent, 49, who some consider Soros’ protege, will now oversee the $25 billion that belongs to Soros, his […]
[credit provider=”Flickr.com Janis Jaquith” url=”http://www.flickr.com/photos/jaquith/3460859051/sizes/m/in/photostream/”] Warren Buffett announced this morning that Ted Wheschler, a hedge fund managing partner from Charlottesville, Virginia, will soon join Berkshire Hathaway to run its equities portfolio.Weschler, 50, told his limited partners that he will be winding up his fund, Peninsula Capital Advisors, in order to […]
[credit provider=”LisaDeern” url=”http://www.flickr.com/photos/[email protected]
/2438193827/”] The unemployment picture has been unrelentingly gloomy for some time now. But one recent study shows that more than 40 per cent of small businesses plan to hire in the next six months. Top jobs in demand? Sales and marketing — nearly half of business owners making […]
Microsoft bought natural language search company Powerset three years ago to improve Bing, and now its former CEO Barney Pell has left the company.
[credit provider=”Courtesy of Bank of NY Mellon” url=”http://www.bnymellon.com/about/management/kelly.html”] Robert Kelly, the now-former chief executive and chairman of Bank of New York Mellon, apparently did not “step down” yesterday because of “differences in approach to managing the company.”He was fired.
Newedge recently hired Lawrence McDonald, a Lehman Brothers veteran, as the senior vice president in corporate credit sales.
[credit provider=”Microsoft” url=”http://www.microsoft.com/presspass/exec/witts/”] The head of Microsoft’s enterprise and partner group, Simon Witts, is leaving after 18 years.His departure was announced in an internal email from Chief Operating Officer Kevin Turner this morning.
Samsung has poached a top marketing exec from HP’s personal computers group, well-sourced Taiwan publication DigiTimes reports.
Here’s a sign that Wall Street is looking for a younger, cheaper generation now that it’s forced to lay off staff amid low economic outlooks and a stricter regulatory environment.
[credit provider=” bpsusfviaFlickr” url=”http://www.flickr.com/photos/usfbps/4596463355/”] Google Plus is the latest tool that recruiters and hiring managers are excited about. In fact, some are calling it the “recruiting-friendly Facebook.” Like the phrase implies, employers are hoping that because GooglePlus has been able to learn from oversights of the other major social and […]
[credit provider=”AP”] The fight to keep talent at high tech companies has never been more fierce.Google is reportedly handing out as much as $100 million to keep its employees from fleeing. Too many smart Google execs have hit the exits lately, and the company wants to keep the big brains […]
[credit provider=”Microsoft”] Bob Muglia, the former President of Microsoft’s Server & Tools division, has taken a job at Juniper Networks.The networking company is starting to look like an alumni club for former Microsoft hotshots: Muglia joins former Windows and Online leader Kevin Johnson, who left to take Juniper’s CEO job […]
In an amazing profile of Ray Dalio in the New Yorker, the billionaire hedge fund manager talks about his life history.
[credit provider=”Poker Listings” url=”http://www.pokerlistings.com/player-interviews/jason-strasser-the-new-jeff-madsen”] Morgan Stanley just lost another poker star.26-year old Jason Strasser, a industrials & materials book runner (derivatives trader) at Morgan Stanley, is now the lead analyst at Trafelet & Company, a long/short equity fund where he’ll be reporting directly to Remy Trafelet, according to an email tip.
Morgan Stanley is just getting crushed lately.
[credit provider=”Illustration: Ellis Hamburger”] George Hotz, the hacker behind the first iPhone unlock in 2007, and the guy Anonymous claimed to be defending when they attacked Sony, just got hired by Facebook as a software engineer, the iPhone Download Blog reports.UPDATE: It’s confirmed.
[credit provider=”Screenshot”] Skype just fired a bunch of execs right before their acquisition by Microsoft closes, in order to reduce their payouts, sources tell Bloomberg. Many stock option plans at startups and private tech companies include “acceleration upon change of control”, meaning you vest and can cash out if and when […]
[credit provider=”Courtesy of Bloomberg” url=”http://www.bloomberg.com/news/2011-05-10/scene-last-night-at-robin-hood-bundchen-lady-gaga-einhorn-cohen-och.html”] Ken Griffin just added five new managing directors to his securities business.The additions will “bolster trading of high-yield bonds, aviation and infrastructure-related debt,” according to the Bloomberg wire service.
[credit provider=”Greylock VC” url=”http://greylockvc.com/2011/01/11/why-we-invested-in-groupon/”] Bradford Williams, who used to run communications at Yahoo and VeriSign, is joining Groupon as VP of global communications, we have learned.Williams is a PR heavyweight. According to his LinkedIn profile, he was VP corporate communications at Yahoo during its takeover battle with Microsoft, and VP […]
[credit provider=”Sam Odio”] Talk about weird timing: Facebook Photos lead product manager Sam Odio is leaving the company this week — just as it is reportedly about to launch a major new update to its mobile photos app.Odio joined Facebook when it acquired his photo-sharing startup Divvyshot last April. That […]
[credit provider=”Sanchom via Flickr” url=”http://www.flickr.com/photos/sanchom/4638056021/”] Bryan Power, a people operations manager at Google, gave Mashable tips on how to snag a job there.Show Google what you’ve done career-wise and make it concise. Also, understand the difference between responsibilities and accomplishments.
[credit provider=”AP”] Joe Lockhart, who was President Bill Clinton’s press secretary during the last two years of his second term, is joining Facebook as the VP of global communications next month.The appointment was reported by AllThingsD and is effective on July 15.
An analyst at Here is the City researched the most common reasons why employees get fired.
Here’s an odd, but interesting move by Facebook; the company just hired a former Pixar Animator, John Pottebaum.
UBS is apparently losing so many people that we can’t even keep track of them anymore.Two news stories have come out in the past hour about bankers quitting UBS. And that’s after mass departures of UBS’ tech investment bankers in the past few months.
[credit provider=”Twitter” url=”https://twitter.com/#!/mmwelty”] Path, the mobile social networking startup, has hired another employee away from Facebook: Operations manager Matthew Welty, who had joined Facebook about 4 years ago, according to his LinkedIn profile.Path founder/CEO Dave Morin was an early and influential Facebook employee, so it makes sense that he’d hire […]
Facebook has found that one of the best ways to bring new talent into the company is to acquire small, failed startups and put their entreprenurial employees in charge of products.These are called “talent acquisitions” or “acqui-hires.” The people who started FriendFeed, Drop.io, Hot Potato, and Parakey all ended up […]
[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=4T7BwSbmUaA&feature=related”] In Pirates of Silicon Valley, Steve Jobs tears into a potential Apple employee by asking him, “Are you a virgin?”The frightened interviewee stammers, intimidated by the question, but eventually says, “No.”
The head of investment banking at UBS is fed up with his bankers complaining about pay.And he told them so — and not subtly.
[credit provider=”Twitter” url=”http://twitter.com/#!/nathanfolkman”] Nathan Folkman, the engineer who (surprisingly) left Foursquare late last year for Facebook, has already left Facebook.Folkman now works at Path, the mobile startup run by former Facebook exec Dave Morin.
[credit provider=”msquinn on Twitter” url=”http://twitter.com/msquinn”] Square continues to raid Silicon Valley for talent: Its latest is to bring on a Director of Risk, former Google product manager Megan Quinn.That sounds like a big job, as risk and fraud analysis is a big part of any payments service, and will be […]
[credit provider=”Dan Frommer, Business Insider”] Square, the mobile payments startup led by Twitter founder Jack Dorsey, just hired a UI engineer from Apple.Mike Thole has joined the company, a Square rep confirms.
[credit provider=”HWS” url=”http://www.hws.edu/dailyupdate/NewsDetails.aspx?aid=13068″] The co-head of Citadel’s investment bank, Craig Stine, has quit Ken Griffin’s firm, Bloomberg reported.That’s “the 10th high-level exit in less than two years.”
[credit provider=”Jim Migdal” url=”http://www.facebook.com/photo.php?fbid=10150538757885012&set=t.728966219&type=1&theatre”] Earlier this week, we learned that Facebook heavies Jim Migdal, Jonathan Heiliger were headed for the door – probably to cash in their valuable vested options.We haven’t heard anything official, but we’ve got an idea who the rising stars are that will replace these losses…
That makes four.
Earlier today, we reported that several top Facebook employees – a couple directors and a famous engineer – have quit the company in recent weeks.We’ve also heard that a number of more typically rank and file employees left in the past few weeks.
[credit provider=”Finviz.com”] Facebook director of business development Jim Midgal has quit the company. On LinkedIn, he lists his current job as “baggage handler” and his company as “travelling.”
Ryan Holsheimer is coming home.
Say hello to Carolyn Everson.
Mike Brown, the Facebook M&A exec who was fired because he bought company stock on secondary markets, just landed a job at Twitter, Liz Gannes reports.
The unemployment rate in America is hovering around 9%. But if you are a competent engineer, sales executive, online marketer or general manager in Silicon Valley, NYC, Boston, or other startup hotspots, the unemployment rate is 0%.
How bad is the culture at Yahoo these days?
It used to be that when you joined MySpace, you immediately started with a friend: Tom Anderson, one of the nominal cofounders.
After the huge global macro fund Caxton Associates hired a new economist, there was some question about what would happen with their chief economist John Makin.Caxton’s new economist, Sushil Wadhwani is an all-star. Does Caxton’s hiring him mean that Makin is out?
The $10 billion global macro fund Caxton Associates entered a partnership with Wadhwani Asset Management recently, according to the Financial Times.The FT likens the deal to last year’s move by Brevan Howard to partner with the quant fund London Diversified Management. The quant fund offered, among other things, diversification and […]
Another round of trouble is brewing at Yahoo after its latest earnings report, according to Kara Swisher at AllThingsD, and the company is already considering replacements for CEO Carol Bartz when her contract expires near the end of 2011.
AOL just hired an ex-Googler to run Mapquest out in Denver. His name is Vijay Bangaru.
After news broke today that AOL ADTECH boss Dirk Freytag was leaving the company, people in the market started to wonder: Is AOL about to shutdown it’s entire ADTECH business?
Dirk Freytag, one of the guys in charge of AOL’s advertising techology, got the boot this week, a source close to AOL subsidiary AD TECH tells us. AOL PR confirms his departure.
What if you stopped hiring based on someone’s impressive resume and started hiring based on how someone would fit in at your business instead? It might sound counter-intuitive, but hiring for the sake of culture instead of skills can really improve your business.
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