This Month
RBC shops at Morgan Stanley for hedge fund sales trader
Head of equities Karen Jorritsma told staff in an internal memo on Thursday the investment bank had lured across Sutton from Morgan Stanley.
March
TEG executive search comes amid ‘toxic’ culture at ticketing giant
Former employees said members of TEG’s senior management had created an environment of fear – bullying staff and displaying volatile temper.
February
Cbus anoints new deputy CIO from within
The superannuation fund has found itself under significant pressure to explain payments to the CFMEU.
PIMCO’s top bond fundie in Australia bows out
Despite his retirement as a managing director, Robert Mead will continue as the firm’s Australia chairman and as an adviser.
DLA Piper scoops up AirTrunk, HMC lawyer
Holland’s expected to join the corporate partnership on February 24, reporting to managing partner Shane Bilardi.
January
High-profile lab-grown meat start-up makes staff redundant
Vow, which raised over $80 million from investors including Blackbird Ventures, Square Peg and Hostplus, shocked employees by slashing headcount.
December 2024
29 years is enough! Herbert Smith Freehills’ Tony Damian jumps ship
Damian’s expected to join Ashurst on a $7.5 million salary package, in what rivals say is the price law firms are increasingly having to cough up to secure marquee partners.
November 2024
Popular restaurant ordering app me&u lays off 10pc of staff
The company, which says it is the world’s biggest mobile ordering app for pubs and cafes, merged with rival Mr Yum last year. It is cutting workers in the hopes of reaching profitability.
Shaws nabs rival’s natural resources head
Street Talk understands Shaw and Partners has added Damien Gullone, a geologist by trade, to its emerging companies team.
October 2024
How white-collar employers are keeping staff happy
White-collar employers are trying to keep restless employees happy by giving them more opportunities to switch jobs internally.
Linktree says it has learnt its lesson from 2021 tech bubble
The general counsel of $1b tech start-up Linktree said the tech industry is full of tall-poppy critics “not creating room for people to take risk”.
Ructions in Potentia’s top echelons prompt Tim Reed to step back
The former MYOB chief executive had first met the private equity firm’s founder Andrew Gray in the hallways of Harvard Business School in 1994.
Ares launches private equity business in Australia, hires from Bain
Street Talk understands Bain Capital principal Nick Onie has lobbed his resignation and is set to join the NYSE-listed alternatives giant.
Middle manager jobs vanish as ‘the great unbossing’ hits Australia
Middle managers are in the crosshairs as companies such as tech giant Amazon remove layers of bureaucracy to boost performance in a cooling economy.
September 2024
What to do with a six-figure redundancy payout
Being made redundant can be emotionally and financially devastating if you weren’t expecting it. But large lump sum payouts also present an opportunity to reset your career and finances.
August 2024
Cisco plans thousands of jobs cuts in cyber, AI shift
Cisco will reportedly eliminate 4000 jobs in a second round of layoffs this year, as it moves its focus to areas such as cybersecurity and artificial intelligence.
This Aussie unicorn is paying millions for a chief AI officer. Should you?
SafetyCulture is on the hunt for its first AI boss as companies scramble to find executives to help unlock billions of value from the hot technology.
July 2024
Next Capital anoints new partner; sells fancy breadmaker Noisette
Dicembre was integral to the firm’s investment in NZ Bus, and its subsequent exit to Australia’s largest bus network, Kinetic, in 2022.
Two things have killed the post-pandemic job-switching boom
Fewer Australians are switching jobs as employers pull back on recruitment and more employees decide the rewards for moving no longer outweigh the risks.
Leaving war-torn Ukraine was hard, then this AI worker tried Australia
Tech skills have been in red-hot demand for a decade, but skilled migration has cooled as numerous companies have shed staff in the so-called tech funding winter.