Summer is officially over. As we slowly creep into autumn, now is a good time to evaluate your free time: Have you already used your vacation days – or at least do you intend to do so?
Our story on the effectiveness of unlimited PTO is a good reminder to plan for the remaining vacation days for the rest of the year and take the time you need to avoid burning out.
We’ll look at that and more today – but let’s start with the latest information on Amazon compensation first.
I’m your host, Jordan Parker Erb. Let’s dive in.
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1. Leaked emails show Amazon rescinding employee pay rises. According to the email, a software bug caused Amazon to overstate the pay rises of some company employees.
- According to an Insider email sent to managers on Thursday, many Amazon employees who have just been promoted are finding that their pay rises actually won’t be as big as they thought.
- According to the email, the glitch caused Amazon to overstate bonuses for recently promoted employees by relying on older, higher stock prices for Amazon stock. The bug was fixed by the company on Tuesday.
- The glitch comes amid a wave of dissatisfaction with Amazon payments. In response, Amazon almost doubled its base salary cap and promised raises, but that wasn’t enough to quell the complaints.
Read our exclusive report here.
In other news:
2. Your company’s offer of “unlimited” free time is essentially a farce. In many cases, apparently employee-friendly leave regulations do not help to make work easier for employees. The result is a workforce that feels burned out and can’t tear themselves away from their desks. Things to know about unlimited PTO.
3. Former President Donald Trump’s Facebook ban could be lifted as early as January. Meta executive Nick Clegg said the company will decide whether or not to recover its account, basing the decision on whether it poses a risk of “real harm”. More about this here.
4. Leaked documents reveal where Microsoft’s new Moonshot team is placing its bets. The team’s first growth strategy plan, considered by insiders, reveals the group’s desire to change Microsoft’s image “from being viewed as a productivity provider to a strategic cloud and mission-centric innovation provider.” Everything we learned from the leaked documents.
5. Elon Musk says he and his brother supported their father financially for years. In a tweet, Musk said he and his brother had funded their 76-year-old father, Errol Musk, since he “ran out of money in the ’90s.” What we know about their relationship.
6. Netflix insiders reveal ‘controversial’ debates over dates and why some popular series won’t be renewed. Three former Netflix executives have said the streamer’s reliance on data is both a powerful weapon and a “flawed science.” How Netflix uses data to drive its creative decisions.
7. Twitter is looking for documents showing possible links between Elon Musk and the whistleblower. Former Twitter executive-turned-whistleblower Peiter “Mudge” Zatko accused the company of lax security practices and other missteps during his tenure there. Now Twitter wants to know if Zatko was previously involved with Musk. More on Twitter’s search.
8. Tesla is recalling more than a million cars because of a fault with its automatic windows. According to a National Highway Traffic Safety Administration filing, the automatic reversing system on some vehicles’ windows may not function properly if there is an obstacle in the way. Find out which Tesla models could be affected here.
Bits and pieces:
9. An astronaut who spent a year in space describes what his days were like. After 355 days, Mark T. Vande Hei has returned from orbit aboard the International Space Station. In an interview with Insider, he said the experience is still troubling him. Read what it’s like to live on the ISS.
10. A YouTuber crashed his car remotely – to test the iPhone 14’s new crash detection feature. YouTuber TechRax taped the phone to the back of the driver’s seat. After being hit directly into junkyard vehicles, he found the phone went off an alarm showing the feature was working. More here.
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