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Twilio cuts 17% of its workforce

Allwork

This new development comes less than a year after the tech giant conducted its first round of job cuts in September 2022, where 11% of its staff were let go. “We have to spend less, streamline, and become more efficient. To do that, we’re forming two business units: Twilio Communications and Twilio Data & Applications.

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If you want a high paying job, remote work is now less of an option

Workplace Insight

According to the latest data from the careers website Ladders , the availability of remote positions with salaries exceeding $200,000 has seen a drastic reduction. The authors claims that, for those seeking the highest salaries, the current trend suggests that in-office work may be the more lucrative path.

Salary 64
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8 Niche Careers You Didn’t Even Know Existed

Success

The average salary range for ethical hackers is between $95,000 to $119,000, according to Crowdstrike. The average salary for a prosthetist is around $77,000 per year. Bureau of Labor Statistics , the industry is expected to grow 15% from 2022 to 2032. To become an ethical hacker, most people have a degree in computer science.

Salary 173
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The significance of women’s health is increasingly acknowledged in the modern workplace

Workplace Insight

Here is why: Recent data reveals a concerning trend of discrimination against women aged 35-50 in the workplace (source: HBR, 2022 ). Infertility is not just a medical condition but a human experience with emotional, financial and often physical implications, all of which could ultimately affect productivity and engagement at work.

Health 97
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Have a Strategic Plan So You Can Cash Out On Your Terms

Success

Listen to this week’s episode of the rich & REGULAR podcast about our new book, Cashing Out , available on June 14, 2022, and keep reading for some thoughts about developing a strategic plan to cash out of your job on your terms. Include a buffer for inflation, rising medical and prescription costs and unexpected emergencies.

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4 important payroll issues to keep an eye on in 2023

BMT Office Administration

The IRS punted on its final regulations , dropping the mandatory e-filing threshold for information returns for 2021 and 2022 W-2s, 1099s, and 1095s. Proposed regulations covering white-collar employees were included in the Department of Labor’s spring 2022 semiannual regulatory agenda. Here are five items we see coming this year.

Payroll 52
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Two in five people are working extra hours as cost-of-living crisis bites

Workplace Insight

A new poll suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022. This is the second time that Ciphr has run its Cost of li v ing survey.