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🚪 Glassdoor’s Top Companies to Work for 2024

Top companies with satisfied employees, huge Twitch layoff, job market updates, and more

January 11, 2024

In this week’s newsletter:

  • 🚪 Glassdoor’s Top Companies to Work for 2024 - Bain & Company, NVIDIA, & ServiceNow topping the list

  • đź“Ś Jobs of the Week - A new partnership with CollabWork

  • 📉 Notable Layoffs this Week - Twitch, Unity, Duolingo, NFL, Blackrock, Rent the Runway, VideoAmp

  • đź“Š December 2023 Jobs Report: Job market cruises into 2024 with stability

  • 🛠️ Jobseeker Tools - OpenTaskAI, Bandto, Contra

  • 🥳 Join the Offboard Community - Learn, Grow, Connect

  • ✨ WARNtracker - The Layoff Crystal Ball

🚪 Glassdoor’s Top Companies to Work for 2024

Are we steering clear of a recession? Is the trend of returning to the office gaining momentum? Can AI potentially take over our jobs? This past year has been a roller coaster! Yet, the robustness of the job market has been a shield against major upheavals, with the emergence of Gen Z prompting numerous employers to reassess aspects like pay, work flexibility, and organizational ethos. Based on employee feedback, these select companies have taken the lead in adapting to these changes, securing their positions in Glassdoor’s Best Places to Work 2024 lineup.

Below is a mashup of Glassdoor’s Large Co list and Small & Medium Co list.

1. Whatnot

Location: Marina Del Rey, CA
Employees: 251-500

Whatnot is a Los Angeles-based startup that creates a place where avid collectors could come together over shared interests. Whatnot is a marketplace to buy and sell authentic collectible items. Whatnot was founded in 2019, in California.

“Top notch employees and talent. Unbelievable comp package. Remote-first workplace. Healthy and vibrant culture.”

2. NVIDIA

Location: Santa Clara, CA
Employees: 10000+

NVIDIA is a computing platform company, innovating at the intersection of graphics, HPC, and AI. The company specializes in the manufacture of graphics-processor technologies for workstations, desktop computers, and mobile devices. The company is a major supplier of integrated circuits used for personal computer motherboard chipsets, graphics processing units (GPUs), and game consoles.

“Workplace flexibility, great culture, my leadership and peers are very supportive.”

3. ServiceNow

Location: Santa Clara, CA
Employees: 5000-10000

ServiceNow provides cloud-based solutions that define, structure, manage, and automate services for enterprise operations

“High morale, growth opportunities, great work-life balance, great leadership.”

4. Axios HQ

Location: Arlington, VA
Employees: 101-250

Axios HQ is AI-powered communication software that helps organizations in management information systems.

“The people are encouraging, motivating, authentic, and brilliant. Leadership is communicative, supportive”

5. Notion Labs

Location: San Francisco, CA
Employees: 501-1000

Notion is for notes, tasks, wikis, and databases. The app blends everyday work apps into one. It serves as an all-in-one workspace for note-taking, task management, and project management. The app can be accessed via most web browsers.

“It's awesome to work on a product that is so beloved by so many people.”

These 10 companies are just a handful from the full Glassdoor list that you can find here and are ranked by the average employee review. You can see more in depth reviews on the list, but hopefully these provide some companies that weren’t necessarily on your radar as having high employee satisfaction. So get on LinkedIn and check your rolodex to see what referrals you can leverage to get in the door!

đź“Ś Jobs of the Week

Exciting news! With some behind-the-scenes chance meetings and input from our recent survey, we are thrilled to be partnering with CollabWork where there’s a referral for every job and candidate. We’ll now be able to bring you vetted job opportunities that will help get you in front of the right hiring managers.

These are just a few positions, so if you’d like to see more of these referral-based jobs, check out the Job Postings channel in the Offboard Community!

📉 Notable Layoffs this Week

  • Livestreaming site Twitch is cutting 500 employees representing 35% of its staff, Bloomberg says. The layoffs follow the departure of several top executives and concerns around Twitch's losses.

  • BlackRock is laying off 3% of its global workforce, or roughly 600 people, Bloomberg writes, though it still plans to hire in some segments.

  • The National Football League has offered buyouts to around 200 of its 1,100 staff, CNBC reports, just ahead of the start of playoffs.

  • Rent the Runway is letting go of 10% of its corporate employees, including its COO, Bloomberg writes.

  • Unity Software, which makes products used in the creation of video games, is letting go of some 1,800 people, Reuters reports. The cuts represent 25% of its workforce.

  • Duolingo is eliminating 10% of its contractor positions as artificial intelligence takes on some of their work, according to Bloomberg.

  • Ad tech firm VideoAmp is laying off 20% of its employees as its CEO steps down, AdAge writes.

🛠️ Job Seeker Tools

OpenTaskAI

OpenTaskAI is a talent marketplace that connects AI freelancers and business needs.

Bandto

Bandto is an innovative platform that leverages AI to enhance professional networking. It connects professionals in real-time, based on their location and shared objectives, thus enabling more relevant and efficient networking opportunities. Bandto is designed for both individuals and organizations, offering features like AI-driven introductions, minimal profile requirements, and integration with existing networks. Its focus is on facilitating real-world connections and driving sustainable economic growth by optimizing human interactions in various settings like events, campuses, and co-working spaces.

Contra

Everything you need to launch, build, and grow your freelance career.

đź“Š December 2023 Jobs Report: Job market cruises into 2024 with stability

Chart of the Week

The US job market cruised into 2024 with stability after a dynamic 2023. While the pace of job creation remains strong, the overall labor force participation has seen a decline. Key sectors like Education, Health Services, Government, and Leisure & Hospitality continue to drive significant job growth. Despite past recession concerns, the robust addition of 2.7 million jobs in the last year underlines the continued demand for workers and a resilient job market.

Key points:

  • Zooming into 2024: The US job market, after a 2023 blast-off, is now cruising comfortably.

  • Mix of Sunshine and Clouds: Job creation is solid, unemployment is chilling at low levels, and job openings are everywhere. But, uh-oh, labor participation dipped and wage growth zipped up.

  • Hot Sectors: Education, Health, Government, and Leisure are the party hubs for jobs.

  • Riding the Wave: Despite recession whispers, the job scene added a cool 2.7 million jobs - way more than expected!

Join a Network of Job Seekers 🥳

The Offboard Community offers an alternative to LinkedIn, providing a unique space tailored for job seekers in tech. It’s not just a platform for networking; it’s a resource designed to help you regain your footing and advance in your tech career, supported by the knowledge and experiences of your peers.

Below are some of the community features:

  1. Create an anonymous account or join as yourself

  2. Discussion or ask for help re: layoffs, interviewing, resumes, money & finance, upskilling, and more!

  3. Jobs: Find or refer jobs, and engage in our live job chat space

  4. Watercooler Chat: Just looking for a general place to chat with other job seekers? Jump into the Watercooler.

  5. Join Virtual Events (Coming Soon)

Curious if your company has a layoff planned?

Look into the crystal ball to see if your company has a layoff coming up by leveraging federally mandated WARN notices!

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