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All you need to know to stay ahead in the world of talent acquisition.
Welcome! Thanks for reading the
RecruitmentMarketing.com Weekly.
👋 Hi there!
Feeling drained the week before the holidays? You’re not alone. But do not fret, we’ve got you covered with our 2024 Recruitment Marketing Planning Guide to help you hit the ground running into the New Year.
On that note, the RecruitmentMarketing.com team is taking a short break from our regular programming to recharge next week. You can expect to hear from us again on January 4, 2024 serving you all you need to know to stay ahead in the world of recruiting and talent acquisition. We hope you have a lovely Holiday! ❄️
Questions? Feedback? As always, want to hear from you on how we are doing.
— Team RecruitmentMarketing.com ✨
Today’s edition is a 5 minute read. Here’s what to expect👇
🗞️ DEI initiatives take on legal battles
🧑💼 Employee mobility predictions for 2024
💻 Layoffs hit Cruise, others
📋 J&J, TikTok and Warner Bros. Discovery are hiring for HR roles
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NEWS
The Big Thing You Need To Know This Week
Reuters: Some companies alter diversity policies after conservatives' lawsuit threat
WHAT’S HAPPENING?
At least six major U.S. companies including JPMorgan Chase have modified policies meant to boost racial and ethnic representation that conservative groups threatened to sue over, a new report by Reuters found.
Yesterday, America First Legal, led by Former Trump adviser Stephen Miller, requested the nation’s top federal civil rights agency investigate IBM over diversity-focused employment and executive pay policies that they say comprise illegal sex and race discrimination, according to Bloomberg.
WHERE DID THIS COME FROM?
Groups opposed to the corporate DEI movement have been emboldened by last summer’s Supreme Court ruling striking down affirmative action in education. Ever since, activists have accused companies like Macy’s, McDonald’s and NASCAR of denying white Americans opportunities so that corporations can hire and promote more people of color to achieve their diversity goals.
WHAT DOES ELON MUSK HAVE TO SAY ABOUT IT?
The question on everyone’s mind! “Diversity, equity and inclusion are propaganda words for racism, sexism and other -isms,” Elon Musk posted to X. “This is just as morally wrong as any other racism and sexism. Changing the target class doesn’t make it right!”
WHY DOES IT MATTER?
The letters allege certain DEI policies expose the companies to legal risks and must be abandoned or the groups will sue to hold the directors liable, the Reuters report says. Shareholders can sue when directors have failed in their duties, such as oversight, but corporate law protects directors' good-faith decisions from lawsuits, creating a high legal bar for the groups' claims if they ever go to court.
WHAT CAN I DO ABOUT DEI IN 2024?
As part of a series helping talent acquisition professionals prepare for 2024, RecruitmentMarketing.com’s marketing maven, Rodney Hess, wrote about strategies for shaping successful DEI outcomes.
📥 Read more in Reuters.
NUMBERS
Numbers That Make You Think
$8.3 billion — The estimated market size for office cubicle demand in the next five years, an increase from $6.3 billion today, in a reported rise in the need for “quite spaces” as workers return from their private work-from-home set-ups (NYT)
93% —The percentage of HR managers who say they use AI tools to reduce costs (Unleash)
$30 million — The funding of a Series B round by Jitjatjo, a gig marketplace through which businesses can book workers with as little as an hour’s notice (TechCrunch)
28.9 million — The number of employees in North America estimated to leave their current roles next year (Unleash)
LAYOFFS
Places For You To Source Fresh Talent
Cruise, the General Motors self-driving car subsidy, slashed 24% of its 3,800-person workforce (TechCrunch)
Intel slashed 235 workers on its Sacramento campus (Sacramento Business Journal)
Kaiser Permanente said it will cut nearly 80 administrative employees early next year (Modern Healthcare)
INDUSTRY MOVES
Your Colleagues Making Moves in HR
Walgreens announced that its CHRO Holly May will be leaving the company, the latest in a string of top-level departures for the pharmacy giant (Supermarket News)
Business spend management company Coupa named Susan Tohyama CHRO (PR Newswire)
Employer of record technology provider Atlas appointed industry veteran Jim McCoy as its new CEO (Unleash)
Risk management and insurance brokerage firm TrueNorth announced Samantha Rogers will join as its new VP of HR (Insurance Business Magazine)
Did your colleague get promoted or make a career move? Let us know.
OPEN ROLES
Jobs You Might Want (For Yourself!)
Warner Bros. Discovery is hiring a Senior Human Resources Manager based in Seattle, WA
Johnson & Johnson is seeking a Human Resources Leader focused on military talent
TikTok is hiring a Talent Acquisition Partner for its e-commerce business unit
Are you hiring for a role on your HR team? Let us know.
INDUSTRY INSIGHTS
Before You Go … Other Things To Know
The end of year marks a universal reflection point — check out RecruitmentMarketing.com’s most popular articles from this year
Guest contributor Jake Safane weighed the pros and cons of job boards versus social media for job postings
RecruitmentMarketing.com’s Managing Director Katie Fortunato wrote an article on why TA leaders need to lead with EQ top-of-mind
Read more about the latest job numbers in RecruitmentMarketing.com’s reporting from last week
👋 Thanks for reading!
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