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Bankruptcies, job cuts expose job search industry lie


Anyone looking for work know that the process can be frustrating. Getting a job is a job in itself, and it feels like if you don't apply for a job quickly, you will be buried under hordes of people trying to land the same position.

In reality, unless you have very specialized skills, it's much worse than that.

I recently posted about a job opening on LinkedIn. It wasn't a formal post, just a... note saying that I was looking for entry-level travel writers at a certain hourly rate for 20 hours per week,

There was no formal job post, but my post received hundreds of responses in the first few hours. It's now almost a month later, and I still get 4-5 people a day applying.

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Now, most of the applicants weren't qualified, but those that were found themselves competing with dozens of similar candidates. I gave a quick writing test to try to weed out the better candidates, but even that was hit or miss, as nobody stood out all that much.

At least in my case, the job was real. In reality, the deep and dirty secret of job boards is that they mostly post jobs that you have very little chance of getting.

Most advertised jobs are already filled

Monster and CareerBuilder, two legendary names in the digital job board space, recently filed for Chapter 11 bankruptcy protection. The more specialized Jobs.com, and its family of job boards filed for Chapter 11 bankruptcy protection in June as well.

Indeed.com, the arguable top dog in the job board space, is cutting 11% of its workforce as it combines some operations with sister company Glassdoor.

Those bankruptcies and Indeed.com's struggles likely come at least partially from the fact that their core product does not work.

"In conversation the other day, I heard a startling statistic that only 20% of employment is found through direct applications - that is, simply submitting your resume to job postings on company websites or job boards. I am not brilliant at maths, but that suggests that 80% are found through other means, and so people need to either quadruple up their effort applying directly, or, better, find ways to," expert Timothy M. Jones posted on LinkedIn.

Media and entertainment:

That's a hard number to prove, but there are multiple studies that show that anywhere from 70% to 85% of jobs are filled through networking. Meanwhile, online job applications have an average success rate of about 2%, Brian Fink posted on LinkedIn.

Job boards exist because many companies have a legal obligation to post jobs. By the time they get posted, the hiring manager has internal candidates, friends, and people recommended internally ahead of random applicants.

Here's how you get a job

Applying for jobs on websites like CareerBuilder, Monster, or Indeed will probably not work. That does not mean you should not apply.

Part of your day should be spent applying in the traditional sense. It probably won't work, but you never know what an internal candidate will fail, or they simply won't be the right body to fill the position.

Sending in applications is also a form of networking. Every cover letter is an opportunity to introduce yourself and make an impression.

Most of your job search effort, however, should go toward networking. That may not be fun, but it's important to reach out to every person you know and let them know you are available.

If you have people in your network who have hiring responsibility or travel in the right circles, it's important to be in front of those people. Not every job goes to someone who's actually known by the hiring manager.

In many cases, the hire might be a recommendation, a friend of a friend, or some random dude who made a good impression via an unsolicited reach-out.

The entire job board industry has been based on an assumption that hasn't reflected how people get hired for many years, if ever. If you want to actually be hired, it probably takes more than cover letters and resumes.

You have to network and make yourself a known quantity.

The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

This story was originally published July 14, 2025 at 2:03 PM.
 
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  • I agree with all of the above , especially the redirection of assistance to another team member and focusing on yourself. I would ask if she can... shoot you an email so that you have a reminder to circle back if you get a break? Then redirect based on no capacity. What you are really doing is documenting. Try to move her to communication through email and tune her out. Start a word document on your computer and begin documenting with dates and a brief summary of the details of her actions. and keep doing you! Recognize her antics as distractions and nothing more. Seek information on people pleasing and how to overcome it. Try and pinpoint when you began to adopt those habits and work on yourself, believing in yourself and your abilities. Being okay with saying no and self preservation and build from there. Dont give her any energy, never let anyone see you sweat, be pleasent and a ray of sunshine in the office.  more

  • My dear Mirka, just stay true to yourself, know your worth and your limit and always think positive and do not engage in things that will jeopardize... you okayyyy more

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How to use AI to find a job -- without annoying the employers - MoneySense


Sandra Lavoy noticed awkward pauses and hesitation from a job candidate when she asked questions on a video call. The pauses didn't seem natural; neither did the responses.

Lavoy, the regional director at employment agency Robert Half, suspected the candidate was using artificial intelligence to generate answers during a live job interview.

"I questioned it," she recalled. "And they jumped off... the call."

That experience wasn't a one-off for Lavoy, so she started asking candidates to show up in person.

With the unemployment rate around 7%, those on the hunt for work are looking to get an edge on fellow job seekers. Some are turning to AI to generate pristine, error-free resumés and even prepare for interviews. But that trend has many on the hiring side questioning its ethics.

Companies have started noticing the misuse of AI tools during live interviews and it has become a trend over the last couple of months, said Alexandra Tillo, senior talent strategy adviser at Indeed Canada.

Many recruiters don't mind the use of AI in job searches, Tillo said, but it raises an alarm when candidates forgo all personality when writing a cover letter or rely heavily on technology during interviews rather than their own knowledge.

Similar responses to situational or behavioural questions from multiple candidates, with a delivery that lacks emotional intelligence, is what's tipping off recruiters to inauthentic candidates, she added.

"It's very hard to judge someone's skills, especially if the answer is not truly their own and it does lead to a bit of a waste of time ... (and a) lack of trust," Tillo said.
 
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Gen Z is right about the job hunt -- it really is worse than it was for millennials, with nearly 60% of fresh faced grads frozen out of the workforce


Gen Z is slammed for complaining about how tough it is to work five days in-office, or even get a job in the first place -- but their suspicions may be true. Research has confirmed, their older millennial critics had a far easier time locking down a gig to begin with.

About 58% of students who graduated within the last year are still looking for their first job, according to a recent report from... Kickresume.

Meanwhile, just 25% of graduates in previous years -- such as their millennial and Gen X predecessors -- struggled to land work after college.

It may be tempting to think Gen Z just isn't as hungry for work as previous generations, like Whoopi Goldberg and Judge Judy espouse. However, the study suggests that previous generations really could walk straight into a job much more easily than young people today.

In fact, nearly 40% of previous graduates managed to secure full-time work in time for their graduation ceremony -- but just 12% of recent Gen Z grads can say the same, making these young job hunters three times less likely to have something lined up out of school.

"The journey from classroom to career has never been straightforward," the researchers wrote. "But it's clear that today's graduates are entering a job market that's more uncertain, more digital, and arguably more demanding than ever."

Today's young job-seekers are up against AI agents and a tightening white-collar job market -- to the point where they're handing in donuts and waitressing to try and jump-start their careers in unconventional ways.

It's no secret that landing a job in today's labor market requires more than a fine-tuned résumé and cover letter. Employers are putting new hires through bizarre lunch tests and personality quizzes to even consider them for a role.

It's undeniably a tough job market for many white-collar workers -- about 20% of job-seekers have been searching for work for at least 10 to 12 months, and last year around 40% of unemployed people said they didn't land a single job interview in 2024. It's become so bad that hunting for a role has become a nine-to-five gig for many, as the strategy has become a numbers game -- with young professionals sending in as many as 1,700 applicants to no avail. And with the advent of AI, the hiring process has become an all-out tech battle between managers and applicants.

Part of this issue may stem from technology whittling down the number of entry-level roles for Gen Z graduates; as chatbots and AI agents take over junior staffers' mundane job tasks, companies need fewer staffers to meet their goals.

Skyrocketing tuition costs and a bleak white-collar job market have made Gen Z's situation so bad that 4.3 million young people are now NEETs: not in education, employment, or training. And while things look tough in America, it's become an international issue, with the number of NEETs in the U.K. rising 100,000 over the past year alone. The age-old promise that a college degree will funnel new graduates into full-time roles has been broken.

"Universities aren't deliberately setting students up to fail, but the system is failing to deliver on its implicit promise," Lewis Maleh, CEO of staffing and recruitment agency Bentley Lewis, told Fortune.

The Kickresume researchers advise young people to just get on the career ladder as soon as possible, instead of holding out for that dream job in their field of study: "We often tell graduates not to stress too much about their first job. It's just a starting point, not a life sentence."

While baby boomers may have chased a job by walking into an office and handing over their résumés directly to a hiring manager, Gen Z are having to get crafty to gain employers' attention.

One young Silicon Valley marketing hopeful, Lukas Yla, knew he wouldn't get far handing over his cover letter in-person, so he hatched a plan. When he was 25, the job-seeker posed as a delivery driver, handing over boxes of donuts with a secret memo attached on the inside. The note read "Most resumes end up in trash. Mine -- in your belly," along with his résumé and LinkedIn profile. He won over some employers, landing at least 10 interviews from the stunt.

Another Gen Z job-seeker took to waitressing at a marketing conference after failing to land a job through traditional methods for six months. Basant Shenouda couldn't find work after graduating from a top university in Germany, so she volunteered to clean up glasses at one of the most well-known marketing and sales events in the country.

During her breaks, she'd float her CV by at least 30 to 40 people, asking for feedback, but hoping for an opportunity. Shortly thereafter, she landed a job at LinkedIn.

"When you're a graduate, you think everyone's going to say yes to you and things are going [to] work out. But it's a matter of building up resilience," Shenouda told Fortune. "You need to keep reassessing your process so that every no gets you closer to that next yes."
 
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  • Dear Janice, its all about communication okayyy, most of makes mistakes which later lands us into our own grave that's why it's very necessary when... planning the future with a spouse especially if there is a business involved so just talk to him and gives an accounts on why it is necessary to get small allowance for your pocket cuz there are certain stuff you can't even ask money from him. Thank you more

  • Is the business for the family or he is manager for someone else?
    Sit down and share with him your plans you have for the family and your needs as a... housewife
    Then share the possibility of you over working and breaking down what will come out when you are down after
    And employing other people and the outcome for the family you as a human being have personal needs to be met to avoid things which demoralize you at the work place
     more

I worked at Amazon, Microsoft, and Meta after struggling to land internships. Here are my top tips for getting into Big Tech.


Jay Jung broke into Big Tech after he initially struggled to land internships. He had to revamp his résumé to get his foot in the door, and then he got a full-time job at Amazon. One of his tips for landing Big Tech jobs is to treat coding interview questions as conversations.

This as-told-to essay is based on a transcribed conversation with Jay Jung, 28, a software engineer from San Francisco,... about landing jobs in Big Tech. The following has been edited for length and clarity.

During college, I found it hard to get internships.

Since then, I've built my career as a software engineer at Amazon, Microsoft, Meta, and other ventures and projects.

I initially studied industrial design and pivoted to computer science roughly two years into my time at Georgia Tech. I only started learning to code in my junior year, and it felt like my peers were so ahead.

The barrier to entry in tech is high. Some people have been coding and building things since high school. It felt like my résumé wasn't up to par.

These are my top tips for preparing your résumé, getting referrals, and succeeding at interviews in Big Tech.

To break into tech, I had to revamp my résumé

To get my first opportunity in tech, I looked for opportunities for early career students or people who may not have a lot of coding experience.

I came across a hackathon with JP Morgan called "Code for Good," where students can showcase their skills.

Before applying in October 2017, I decided to revamp my résumé, which at the time included irrelevant experience in tutoring and serving. I learned from a Unity tutorial about building a 3D game, so I could say I built a game from scratch using 3D algorithms. Having this end-to-end project on my résumé was hugely helpful, and I got accepted to the hackathon.

After that, I landed an internship at Amazon, where I got my first full-time role within AWS in 2019. I suspect having the JP Morgan name on my résumé helped me pass certain filters companies have regarding experience.

Foto: Courtesy of Jay Jung

I had more than 10 people look at my résumé. It was too many.

If you don't know whether your résumé is decent, get some peer feedback. Even having one friend look at it can remove some bias you have toward it.

I asked a lot of people to look at mine, including recruiters I reached out to on LinkedIn. Many recruiters were open to it, both on a paid and free basis. By the 10th person, I noticed discrepancies. Someone would ask me to take something out, and the next person would suggest putting it back in.

Having five to seven people review your résumé is the sweet spot. There are better ways to spend your time, like improving your hard skills as an engineer, than making small subjective tweaks from a 10th perspective.

Résumés are the front page of a book that hooks the recruiter. But the rest of the book is dependant on your skillset.

Referrals are a golden ticket

Early in my career, I was always open to new opportunities for career growth. In 2021, while at Microsoft, I landed a job at Meta through a referral.

I saw a Meta manager post on LinkedIn that he was hiring for his team. I reached out, and he asked to chat for 10 minutes. Beforehand, I'd done extensive research on what his team does. I knew he worked on the API team, so I told him that I'd read the API design docs for Facebook and thought they were really interesting. He thought it was cool and asked me to tell him about it.

Even doing 20 minutes of preliminary research into what the hiring manager's team does can pay dividends in the future.

At that time, my résumé showcased projects I'd worked on, and I had a few years of experience at Microsoft and Amazon, which probably helped, too. If your résumé has enough technical fundamentals on it, and you can talk about those things, it can demonstrate to managers that you'd be able to pass a coding interview.

After the call, the manager gave me a referral, which kicked off the process of me joining that team.

Some Big Tech companies give the referrer money if the person they refer ends up joining the company, so there's a huge incentive for them to do it. If your résumé is good enough and you can showcase that you can pass the interview, they might do it to earn a lump sum.

Talk through your logic when asked a coding question in an interview

In technical interviews, you're typically set coding questions -- technical puzzles that you're asked to work through. Passing those problems by having a working solution will always be a key factor in getting a Big Tech job.

You can practice coding questions on places like LeetCode. It's a battle of perseverance and time to try to cover them. Earlier in my career, I'd immerse myself in coding, spending 12 to 14 hours a day on LeetCode to prep for interviews.

The biggest thing to know about coding questions is to treat them as conversations.

I've done interviews where I didn't do that well on the coding question, but I talked through all my thoughts. I also leveraged the interviewer, saying, "I think this is my approach, what do you think?"

When I worked as an individual contributor at Amazon and Facebook, I interviewed job candidates. After the interviews, when giving feedback about candidates, a key factor I'd consider was whether the candidate talked through their solution out loud. It indicated that if they joined the team, they'd be able to have conversations about features we were building.

If one candidate spoke really well and could do most of the coding problem, and another candidate had a perfect answer to the coding problem, but didn't talk well, my peer interviewees and I would usually prefer the first candidate.

Do you have a story to share about getting into Big Tech? Contact this reporter at [email protected].

Read the original article on Business Insider
 
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The CEO on the frontlines of deepfake defense


Remote work has opened new doors for job seekers, employers, and now, fraudsters. At Pindrop Security, a voice security company with more than $100 million in annual recurring revenue, CEO Vijay Balasubramaniyan says nearly 17% of job applicants are fake. One recent interviewee forgot to leave the Zoom room and asked his handler for a forged résumé that referenced Texas, where he supposedly... lived.

"The numbers are climbing fast," Balasubramaniyan says. While in-person roles get around 100 applicants and hybrid ones attract 200, remote jobs now pull in more than 800. And many of those résumés aren't real. That means Balasubramaniyan's recruiting team is spending more time vetting identities than assessing skills. "It's taking up a big chunk of time for our human recruiters," he adds.

Pindrop started as a voice-authentication platform. But as fraud evolved from phone scams to deepfake coworkers, Balasubramaniyan widened the company's focus to broader identity verification and AI-driven threat detection. Fake IT staffers calling in for password resets are no longer rare. Neither are voice clones sophisticated enough to fool friends or even employers.

To stay ahead, he scrutinizes behavioral tells: lip movements that don't match speech, microphones suspiciously covering mouths. "I talk to other CEOs who now have code words they give friends and family," he says, as a way to verify calls that might otherwise sound real.

His team is also on the cutting edge of defending against synthetic voices. Pindrop was one of a few firms granted early access to NVIDIA's Riva Magpie, a voice-cloning model so powerful it was initially held back from public release. With just five seconds of audio, it can replicate a person's voice. But Pindrop's early tests detected over 90% of those synthetic samples, improving to 99.2% after retraining, all while keeping false positives under 1%.
 
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I worked at Amazon, Microsoft, and Meta after struggling to land internships. Here are my top tips for getting into Big Tech.


One of his tips for landing Big Tech jobs is to treat coding interview questions as conversations.

This as-told-to essay is based on a transcribed conversation with Jay Jung, 28, a software engineer from San Francisco, about landing jobs in Big Tech. The following has been edited for length and clarity.

During college, I found it hard to get internships.

Since then, I've built my career as a... software engineer at Amazon, Microsoft, Meta, and other ventures and projects.

I initially studied industrial design and pivoted to computer science roughly two years into my time at Georgia Tech. I only started learning to code in my junior year, and it felt like my peers were so ahead.

The barrier to entry in tech is high. Some people have been coding and building things since high school. It felt like my résumé wasn't up to par.

These are my top tips for preparing your résumé, getting referrals, and succeeding at interviews in Big Tech.

To get my first opportunity in tech, I looked for opportunities for early career students or people who may not have a lot of coding experience.

I came across a hackathon with JP Morgan called "Code for Good," where students can showcase their skills.

Before applying in October 2017, I decided to revamp my résumé, which at the time included irrelevant experience in tutoring and serving. I learned from a Unity tutorial about building a 3D game, so I could say I built a game from scratch using 3D algorithms. Having this end-to-end project on my résumé was hugely helpful, and I got accepted to the hackathon.

After that, I landed an internship at Amazon, where I got my first full-time role within AWS in 2019. I suspect having the JP Morgan name on my résumé helped me pass certain filters companies have regarding experience.

If you don't know whether your résumé is decent, get some peer feedback. Even having one friend look at it can remove some bias you have toward it.

I asked a lot of people to look at mine, including recruiters I reached out to on LinkedIn. Many recruiters were open to it, both on a paid and free basis. By the 10th person, I noticed discrepancies. Someone would ask me to take something out, and the next person would suggest putting it back in.

Having five to seven people review your résumé is the sweet spot. There are better ways to spend your time, like improving your hard skills as an engineer, than making small subjective tweaks from a 10th perspective.

Résumés are the front page of a book that hooks the recruiter. But the rest of the book is dependant on your skillset.

Early in my career, I was always open to new opportunities for career growth. In 2021, while at Microsoft, I landed a job at Meta through a referral.

I saw a Meta manager post on LinkedIn that he was hiring for his team. I reached out, and he asked to chat for 10 minutes. Beforehand, I'd done extensive research on what his team does. I knew he worked on the API team, so I told him that I'd read the API design docs for Facebook and thought they were really interesting. He thought it was cool and asked me to tell him about it.

Even doing 20 minutes of preliminary research into what the hiring manager's team does can pay dividends in the future.

At that time, my résumé showcased projects I'd worked on, and I had a few years of experience at Microsoft and Amazon, which probably helped, too. If your résumé has enough technical fundamentals on it, and you can talk about those things, it can demonstrate to managers that you'd be able to pass a coding interview.

After the call, the manager gave me a referral, which kicked off the process of me joining that team.

Some Big Tech companies give the referrer money if the person they refer ends up joining the company, so there's a huge incentive for them to do it. If your résumé is good enough and you can showcase that you can pass the interview, they might do it to earn a lump sum.

In technical interviews, you're typically set coding questions -- technical puzzles that you're asked to work through. Passing those problems by having a working solution will always be a key factor in getting a Big Tech job.

You can practice coding questions on places like LeetCode. It's a battle of perseverance and time to try to cover them. Earlier in my career, I'd immerse myself in coding, spending 12 to 14 hours a day on LeetCode to prep for interviews.

The biggest thing to know about coding questions is to treat them as conversations.

I've done interviews where I didn't do that well on the coding question, but I talked through all my thoughts. I also leveraged the interviewer, saying, "I think this is my approach, what do you think?"

When I worked as an individual contributor at Amazon and Facebook, I interviewed job candidates. After the interviews, when giving feedback about candidates, a key factor I'd consider was whether the candidate talked through their solution out loud. It indicated that if they joined the team, they'd be able to have conversations about features we were building.

If one candidate spoke really well and could do most of the coding problem, and another candidate had a perfect answer to the coding problem, but didn't talk well, my peer interviewees and I would usually prefer the first candidate.
 
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