Chip Cutter
@ChipCutter
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Reporter @WSJ covering workplace and management issues. Email: [email protected]
New York City
Joined October 2008
Trump's call for the Intel CEO to resign adds to his pattern of weighing in on individual company decisions in unprecedented ways, fueling fear that he will target other executives he doesn't like. W/ @ChipCutter: https://t.co/LqnADIGCJz
wsj.com
The president who ran on his business acumen isn’t holding back in telling corporate bosses how to run their companies—or when to resign.
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WSJ: "From Amazon to Bank of America and at companies big and small everywhere in between, there’s a growing belief that having too many employees is itself an impediment. The message from many bosses: Anyone still on the payroll could be working harder."
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GSA's letter calls on consulting firms to identify waste and ways to reduce spending, and to explain their work in clear language. A “15 year old should be able to understand what service you provide and why it is important—no consultative jargon or gobbledygook,” it notes.
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New: The Trump administration is escalating its efforts to rein in consultants. The GSA plans to ask major consulting firms to create a scorecard within weeks to justify their government work, according to a draft of a letter reviewed by the WSJ: https://t.co/mLPl1DKYl2
wsj.com
GSA has asked federal agencies to justify which consulting contracts are mission critical.
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Privately, CEOs are expressing fury at the Trump administration. In public, many are staying quiet. The dissonance was on full display in Washington this week. w/ @ChipCutter
https://t.co/1oMlkG4yPk
wsj.com
Behind closed doors, business leaders air plenty of their concerns about the administration and its policies.
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Meta, McDonalds, Amazon: CEOs everywhere are seizing the opportunity w/ the incoming dealmaker-in-chief, killing policies that Trump hates & they've wanted to target. Says Trump: ‘EVERYBODY WANTS TO BE MY FRIEND!!!’ My latest piece, w/ @ChipCutter
wsj.com
Companies seeking to benefit from campaign promises to cut regulations and taxes are ditching diversity and climate initiatives; “EVERYBODY WANTS TO BE MY FRIEND!!!”
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Young workers requested a therapist. This company brought one to headquarters. @ChipCutter reports. https://t.co/zxZrIiPJkO via @WSJ
wsj.com
Synchrony Financial, at the request of its youngest workers, has added a psychologist at its headquarters.
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“It was like, monologue!” A number of AI tools are acting as a virtual Miss Manners in meetings, reminding people to share the mic and to modulate their speaking pace to sound less monotone. Great story from @tepingchen: https://t.co/ui4JXWKd9G
wsj.com
Bots sit in on discussions to take notes; they also point out that we interrupt and hog the discussion
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Breakfast at 7. Drinks until midnight. Calendar choreography. How executives are navigating New York’s busiest week.
wsj.com
Breakfast at 7. Drinks until midnight. Calendar choreography. How executives are navigating New York’s busiest week.
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Six days a month in the office. Live where you want the rest of the time. Pay your own way back to HQ. How J.M. Smucker cracked the code on return-to-office:
wsj.com
J.M. Smucker is ordering workers to be at its Ohio headquarters for 22 “core” weeks. It is a strategy that may resolve the tug of war over how we work.
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Powerhouse reporting from this WSJ investigation. It finds that over 2,000 lead-covered cables — laid by Ma Bell between the late 1800s and 1960s — now pose substantial health risks.
wsj.com
Telecom companies laid them decades ago and thousands were left behind, posing a hidden health hazard today, a WSJ investigation found.
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'Stop being so woke.' Current and former diversity and HR heads say they are hearing from employees discouraged about what they view as lost momentum in advancing inclusion AND employees pushing back against such efforts. With @tepingchen
https://t.co/6aDiqUt1E1 via @WSJ
wsj.com
The Supreme Court’s decision to eliminate affirmative action hits workplaces as diversity initiatives face pressure from supporters and skeptics.
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Diners are cranky over slow service and high prices, and restaurants know it. A number are working to improve service through more hands-on training of workers and better technologies to speed up meals. w/ @ChipCutter
https://t.co/BWHUBGD1xD via @WSJ
wsj.com
Owners are using technology, training and fixed tipping to address staff turnover and shortages.
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Companies brace for Supreme Court ruling on affirmative action and consider how it could affect their own diversity policies. @laurenweberWSJ and @ChipCutter report. https://t.co/0vSWTd6FQZ via @WSJ
wsj.com
A decision on race-conscious college admissions could have implications for corporate diversity programs.
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Airport employers roll out perks like ice cream and new boots to keep baggage handlers happy and avoid travel chaos. It’s a tough sell. “It is a lot nicer to work in Starbucks as a barista.”
wsj.com
Companies try to recruit workers willing to handle all your overstuffed cases. ‘I don’t know what people pack in their bags, but those bags are heavy.’
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Companies are slow-walking candidates, piling on new requirements and running prospective hires through additional rounds of interviews. The job-market tables have turned. What it’s like looking for an office job today. With @tepingchen
https://t.co/hsC6e7X7wJ via @WSJ
wsj.com
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Companies are cutting white-collar jobs. The roles may never return. A wave of layoffs that started as a response to rising interest rates and other economic pressures has morphed into something executives say is more permanent. W/@HarrietTorry: https://t.co/gJlJ6XD6X5
wsj.com
A once-in-a-generation convergence of technology and pressure to operate more efficiently has corporations saying many lost jobs may never return.
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Waste Management's CEO on the job market: “We can’t hire a truck driver to drive a trash truck for $90,000 in Houston, Texas, but I can hire an M.B.A. from a small school for $60,000, and I can get them all day long.” https://t.co/BeiArsQM68 via @lindsayaellis @onlykailyn
wsj.com
Companies from Amazon to Wayfair are tapping the brakes on their hiring of college grads this year, forcing seniors to cast a wider net as they search for that crucial first job.
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New study finds that AI tools could more quickly handle most of the tasks that auditors, interpreters and writers do now. How can companies, schools and policy makers to help people adapt? “That’s a multi-trillion dollar problem." https://t.co/0TZ5nh3zFL
@WSJ w/ @laurenweberWSJ
wsj.com
A new study finds that AI tools could more quickly handle at least half of the tasks that auditors, interpreters and writers do now.
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Many think it's the job of HR staffers to select the individual employees to lay off. But it's more likely business leaders in each area of a company suggest names of employees to target. @chipcutter on how companies choose who to lay off. https://t.co/5CkKVw317v via @WSJ
wsj.com
The process can involve weeks of debate as employee performance and skill sets are reviewed.
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