Today
Amazon CEO warns white-collar staff that their jobs are on the line
In a memo explaining all the ways the technology giant is using AI, Andy Jassy told workers how they can stay relevant as bots become capable of doing more.
May
Executives head for the door at unicorn crypto start-up Immutable
Two senior executives on Friday announced their departure from the heavily funded tech company, which has shed a third of its staff in the past nine months.
Tech unicorn Immutable cuts staff as AI bots pick up jobs
One of Australia’s most funded technology companies has shed more than 70 staff over the past nine months and embraced artificial intelligence programs.
Mr New Zealand resigns from Goldman Sachs
The company’s top banker across the Tasman has left the building.
Australian jobs to go as part of Microsoft’s global workforce cull
Australian staff at global tech giant Microsoft are nervously waiting to find out if they will be among about 90 staff likely to be sacked as part of worldwide cuts.
Nomura pinches JPMorgan managing director
Nomura has hired Cameron Nicholls, JPMorgan’s head of financial sponsors for Australia and New Zealand.
April
Jon Adgemis’s one-time trusted adviser takes his leave
Stay tuned for Tony Moussa’s next venture, which is expected to keep him “involved in the evolution of private capital”.
Bain Capital nabs special situations managing director from Brookfield
Rahim Chunara spent four years at Brookfield and sat on the board of troubled hospital operator Healthscope as a non-executive director.
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.