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BNP Paribas analysts recently spotted a striking contradiction. Even though Cloudflare cut 20% of its workforce earlier this year, the tech company’s engineering ranks have surged.Cloudflare employed 1,308 engineers in December. That figure has climbed to 1,894, a 45% jump, according to data BNP crunched from LinkedIn.I ran the numbers past Cloudflare CEO Matthew Prince, who confirmed the trend. So why would a company slash so many jobs while ramping up engineering hiring? His answer reflects how AI is changing the structure of companies across the tech industry, and potentially beyond.Prince’s first takeaway: AI ain’t killing tech jobs. That’s backed…
This as-told-to essay is based on a conversation with Jemma Chapman. It has been edited for length and clarity.I’m British, and I moved to Toronto in January 2025. I had qualified as an architect the previous summer and realized I had spent most of my adult life studying and not really living.I thought that before I invested in a job, I’d travel. Traveling provides you with a great perspective as a designer.I got a Young Person’s Visa between the UK and Canada, which allows me to live in Canada for two years. That’s when I came up with a unique…
Kohl’s was once a retail darling, carving out market share as a department store catering to the middle-income American consumer with coupons and deals that drove loyalty.But over the past five years, Kohl’s stock has lost nearly 70% of its value, plummeting as the retailer reported weak sales.As department stores struggle to stay relevant and middle-income consumers face budget pressure, Kohl’s is now trying to reinvigorate sales by leaning back into its core value proposition and investing in the store experience to ensure customers find what they need and keep coming back for more. Though Wall Street analysts believe the…
Hollywood is having its best summer since before the pandemic, and that hot streak is putting the annual box office on pace to cross $10 billion for the first time in seven years.The season, which runs from the first weekend in May through Labor Day, has tallied $1.8 billion so far through Sunday. That’s down less than 2% from 2019 levels, or just about a $30 million lag. Industry analysts keep a close eye on this period of the year because it typically accounts for about 40% of the total annual domestic box office.”The summer box office is incredibly important,”…
This as-told-to essay is based on a conversation with Justin Murphy, 35, the co-owner of real estate brokerage Multi Gen Living Group. The conversation has been edited for length and clarity.In 2022, my wife, Nicki, and I were living in Babcock Ranch, just outside of Fort Myers, Florida, with our daughters. At the time, my parents lived right down the road from us.My dad had just entered his 80s and was still pretty capable, but over time, he started needing more help with things like heavy lifting or changing the AC filters. He couldn’t get up on the ladder anymore,…
President Trump holds up a bill funding immigration enforcement after signing it in the Oval Office of the White House, Wednesday, June 10, 2026, in Washington. Julia Demaree Nikhinson/AP hide caption toggle caption Julia Demaree Nikhinson/AP Even before the Supreme Court ruled Thursday that President Trump has broad power to deport hundreds of thousands of migrants living legally in the U.S. under temporary protected status, David Bier feared the U.S. was slipping toward a demographic cliff. “We’re destined to be there, in short order, there’s no question,” Bier said. “We’re already seeing a situation where most counties in the United…
“What’s for dinner?” is a question AI can now answer.One of DoorDash’s newest features lets users create an order using an AI chat. Customers generally describe what they want to eat or upload a photo of a shopping list or a recipe, and the feature, called “Ask DoorDash,” compiles the ingredients in a shopping cart.DoorDash introduced the AI search option earlier this month. It also plans to add a search option for restaurant reservations to the bot.Most big retailers and delivery services have created AI shopping assistants, from Amazon’s Alexa for Shopping to Walmart’s Sparky. Many function similarly to search…
Abel, Ternus, Furner, and D’Amaro follow a rich tradition of nuts-and-bolts CEOs, from General Electric’s Jack Welch to Tesla and SpaceX’s Elon Musk.George recalled visiting Musk’s Tesla factory in California a few years back.”Man, he understood all the nuts and bolts,” George said, adding that Musk combined his grasp of the nitty-gritty with unmatched vision and creativity.”What he did at SpaceX is nuts and bolts,” George continued. “Can you imagine doing more than anyone at NASA with all those tens of billions of dollars coming in?”George said that Abel, Ternus, Furner, and D’Amaro had to be nuts-and-bolts leaders to reach…
For many job seekers, startups hold a special allure.There’s the chance to help build something from the ground up, gain experience that might take years to acquire at a larger company, and, if things go well, share in the upside through an IPO or other liquidity event.Getting a foot in the door, though, can be difficult, especially now that startups OpenAI and Anthropic have reached eye-popping valuations. Consider that Andrew Benson, founder of pre-IPO trading platform Hill Markets, estimated the SpaceX IPO will mint 4,400 new millionaires, Business Insider previously reported.We asked the people making hiring decisions at Harvey, Lovable,…
This as-told-to essay is based on an in-person conversation with 42-year-old Nicky Hilton, the socialite and cofounder of personalized jewelry company theo grace, who is based between London and New York. It has been edited for length and clarity.I’ve been in the fashion world since I was 17. I studied at FIT, and, as a member of the Hilton family, grew up around the industry.I’ve worked with lots of brands, but theo grace, my personalized jewelry brand, is different. It’s the first time I’ve owned a brand. It’s no longer about collecting a royalty check. I really have skin in…