Job reassignments

The reassignment revolution, chess scandals & ChatGPT for businesses

Good morning readers. If you haven’t heard of the name Noah Lyles, you might over the next few days. Lyles, fresh off his golden streak at the 2023 World Championships in Budapest, questioned the audacity of NBA players celebrating their championship victories with "world champion" printed on their caps. "World champion of what? The United States?" he said, clearly not impressed by the NBA's global reach. But as with any spicy take, it didn't take long for the NBA stars to jump into the mix.

Kevin Durant, known for his sharpshooting on the court and sometimes questionable comebacks off it, tweeted, "Somebody help this brother." Devin Booker, perhaps too shook for words, settled for a face-palming emoji. Even Drake had a few things to say.

Talk about having a “worldly” debate.

Let’s jump into today’s storylines.

In today’s digest:

  • Employee…adapt or leave

  • Headline Hustle: ChatGPT for businesses, Uber gets into AI, Amazon gives employees an ultimatum

  • The chess cheating scandal resolved

  • Pulse Points: What’s Trending

CAREER

Quiet quitting meet your match…quiet cutting

In the age of digital communication, where a single email can change the course of one's career, professionals across industries are waking up to a new reality. Picture this: You sip your morning coffee, open your inbox, and find a message that reads, "Your job? It's gone. But hey, you're still with us." It's the corporate equivalent of "It's not you, it's me."

A rollercoaster of emotions

For many, that’s exactly what this is. There's the initial relief of still being employed, quickly followed by the sinking feeling that perhaps the company wishes you weren't. And with the job market not as sprightly as yesteryears, the common sentiment is to stay put and look for greener pastures within the same corporate walls.

Big names like Adidas, Adobe, IBM, and Salesforce have jumped on the reassignment bandwagon. In fact, the term "reassignment" has become the corporate buzzword du jour, with mentions during earnings calls tripling in the past year, as per data from AlphaSense. Andy Challenger, SVP at outplacement firm Challenger, Gray & Christmas, confirms, "Reassigning is the order of the day."

However, it's not all doom and gloom:

  • July saw 42% fewer job cuts than June

  • For the first time this year, monthly job cuts were lower than 2022

A game of musical chairs. For companies, it's a strategic move. They've spent big bucks acquiring top talent, and reassigning them aligns with future plans while cutting costs linked to outdated strategies. Plus, there's the added bonus of potentially nudging employees (who might be expensive to let go) towards the exit if they're unhappy with their new roles.

Looking forward…In this ever-evolving corporate landscape, adaptability is key. Whether it's a genuine opportunity or a veiled push towards the door, the onus is on professionals to navigate their path with resilience and foresight.

Headline Hustle

🖥️ OpenAI unveils ChatGPT for businesses. OpenAI is riding the wave of ChatGPT's popularity by introducing ChatGPT Enterprise. This business-centric version of their AI chatbot isn't just about drafting emails or debugging code. It's stepping up with "enterprise-grade" privacy, data analysis, and even better performance. Think of it as the souped-up sibling of the regular ChatGPT, ready to compete with Microsoft's Bing Chat Enterprise. But here's the kicker: ChatGPT Enterprise is turbocharged by GPT-4, OpenAI's star AI model. This means businesses get a performance that's twice as zippy as the standard GPT-4. Plus, a broader context window ensures the model remembers recent conversations better.

AI Uber Eats dives deeper into AI. Uber Eats is cooking up something exciting. They're in the process of developing an AI-driven chatbot that's all set to make your food ordering experience a breeze by offering personalized recommendations based on your budget and food preferences. But Uber isn’t the only one riding the AI wave. DoorDash recently unveiled its AI-powered voice ordering tech, aiming to boost restaurant sales by handling all incoming calls. They're also whipping up their own AI chatbot to fast-track orders and guide users to delectable dishes. What's your take? Are you ready to let AI decide your next meal?

🏢 Amazon’s firm stance on office return. Amazon's CEO, Andy Jassy, has a clear message for employees reluctant to return to the office: "It's not going to work out for you." This comes from a recent Insider report, which highlighted Jassy's remarks from an earlier meeting this month. Despite Amazon's directive for employees to be back in the office for at least three days a week starting in May, not everyone's on board. In fact, thousands of Amazonians signed a petition against this mandate and even staged a walkout.

SPORTS

A game of pawns and kings

In a world where the clinking of chess pieces usually dominates the conversation, last year was rocked by a scandal that had everyone from grandmasters to novices raising their eyebrows. The chessboard became a battleground, not for kings and queens, but for honor, reputation, and a whopping $100 million.

Let’s set the scene

Hans Moke Niemann, a young American grandmaster, was on top of the world. But then, a bombshell dropped. Chess.com, the digital haven for chess enthusiasts, accused Niemann of being a serial cheater and claimed he had fair-play infractions in over a staggering 100 online games. Niemann's response? A defamation lawsuit with a price tag that could buy you a small island.

Niemann's lawsuit wasn't just against Chess.com. He also named Magnus Carlsen, the five-time world champion, in his legal battle. Remember when Niemann beat Carlsen at a high-profile tournament, leading Carlsen to dramatically exit the competition? The chess community does. It was the talk of the town, with whispers of Niemann's alleged cheating echoing in every corner.

Fast forward to today, and it seems the storm has calmed. Niemann's account is back on Chess.com, and his lawsuit has been dismissed. But the scars remain. Niemann's classical rating took a hit, dropping him from the elite 2700 club to a rank of 77 worldwide. And while he's back in the game, questions linger. Did he cheat? Was he framed? The chess community is divided.

As the dust settles, one thing is clear: the chess world will never be the same again. But as Niemann's lawyers put it, it's a "great day for chess." And as the pieces move forward, we can only hope that the game's integrity remains intact. After all, in chess, as in life, it's all about making the right moves.

Pulse Points

Faculty member killed at UNC. A professor at the University of North Carolina at Chapel Hill was tragically killed in a shooting, leading to an extended campus lockdown and a police search.

Judge dropping Google class action lawsuit. Google is set to be released from a class action lawsuit by a U.S. judge, where it was accused by 21 million consumers of overpricing in its Google Play store, citing antitrust breaches.

Google sells map data to companies. Google aims to grant licenses for fresh mapping data to various firms focused on renewable energy products, with a first-year revenue goal of $100 million.

Baseball team lists stadium on Air BnB. The Pensacola Blue Wahoos' decision to list their entire Double-A baseball stadium since 2020 stands out as a grand slam. The current rate? $5,000 a night.

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