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🎉 The company that owes $335 MILLION to employees

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Read time: 2.5 minutes

Good Afternoon Party People! 🎉

This is Office Party. We’re like your LinkedIn feed…but way more awesome and way less cringe.

PARTY PLAN 🎉

😡 Messy job market

💰 The company that owes employees BIG TIME

✖️ No bozos allowed!

And, of course, MEMES!

MEME OF THE DAY

JOBS

This Job Market is a MESS!!

poll responses about the job market

100 applications. No interviews.

216 applications. No interviews.

312 applications. 2 interviews. Ghosted.

The current job market is a mess. Thousands of candidates are fighting for a small number of open roles. Looming threats of AI. Hiring freezes. 10 interviews and 36 years of experience required for every open role.

Applying to jobs all day is tedious. Writing cover letters? We’d rather eat a car tire. Not to mention how annoying it is to tailor your resume for every application to include relevant keywords.

But what if there was an easier way to navigate this job market and land your dream job?

What if it didn’t need to be so difficult and so time-consuming?

AI career coach

In the next few weeks, we’ll be launching an AI tool to help you land your dream job. 

Soon, you will be able to:

  • Create tailored, ATS-friendly resumes

  • Generate cover letters that use the right keywords (instantly)

  • Prepare for interviews with REAL interview questions

  • Optimize your LinkedIn profile

  • Find companies that are actually hiring

  • Ask questions and get immediate feedback from our AI career coach

(Without breaking the bank)

No more manually tailoring your resume and cover letter for HUNDREDS of applications. No more doomscrolling job boards. No more feeling lost in your job search.

If you haven’t already, make sure you join the waitlist. Your job search doesn’t have to suck.

PAY

Meet the Company That Owes Employees BIG TIME

1,200 current and former employees are set to receive $335 million as part of a class-action lawsuit claiming their employer unfairly suppressed pay.

Any guesses on which company might do such a thing?

  • Amazon?

  • Meta?

  • Tesla?

Wrong, wrong, wrong!

The UFC will be on the hook for over a quarter billion, according to a ruling from a Nevada court, in conjunction with the SEC.

The agreement resolves litigation that began in 2014 when a group of MMA fighters filed a class-action lawsuit against Dana White and the SEC.

“With some 90% of the market, [UFC] has used its dominant position to extract one-sided concessions from the fighters,” including preventing competition for their services, locking them into long-term exploitative contracts and paying them a mere fraction of what athletes make in similar sports.” 

-Joseph Saveri Law Firm, co-lead counsel for the plaintiffs.

The UFC responded to the decision with a statement saying they were “pleased to have reached an agreement to settle all claims asserted in both the Le and Johnson class action lawsuits, bringing litigation to a close and benefiting all parties.”

$335 million split among 1,200 employees is more than $275k each, not including the legal fees.

Pretty good payday, even if it took 10 years!

JOBSEEKERS’ CORNER 🎉

HIRING

“No Bozos Allowed”

More than a decade after the world lost Steve Jobs, his hiring policy has remained in place at Apple.

Here are Steve Jobs’ 3 best management/hiring tips from an interview nearly 40 years ago.

(Maybe some other companies should take note!)

  1. “Great individual contributors make great managers”

When Jobs and other Apple cofounders realized how big the company would be, they hired a “professional management” company. These people knew how to manage people, but didn’t know how to do anything else, and the plan backfired quickly.

“It didn’t work at all. Most of them were bozos. You know who the best managers are. They’re the great individual contributors who never ever want to be a manager, but decide they have to be a manager because no one else is going to be able to do as good a job as that.”

Jobs
  1. “Keep the company collaborative”

“There’s tremendous teamwork at the top of the company, which filters down to tremendous teamwork throughout the company. Teamwork is dependent on trusting the other folks to come through with their part without watching them all the time.”

Teamwork makes the dream work.

  1. “Recruit the right people”

Well, this one isn’t exactly some genius insight on how to build a great company. Jobs’ approach to recruiting may have been different than most executives, though.

He was heavily involved in the recruiting process, even as the company grew tremendously. Jobs wanted employees and managers who truly believed in Apple’s capabilities.

What better way to find out than by talking to them yourself?

How do you feel about Jobs' strategy?

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