What else matters this week?
The coming scramble for clean energy workers.
London-based VC raises 1 billion euros to invest in tech startups across Europe.
How the UK is marking the Queen’s death.
The Body Shop takes on ageism.
Google aims for “hyper fast” telecom.
Italian divided as soaring energy bills spark pasta debate.
How supporting and encouraging women entrepreneurs through free education can change their lives.
We’ve got a full breakdown of all the top headlines you can’t miss this week.
#1. Tech companies are losing their talent…to Wall Street.
The smartest tech workers in the world have long faced a difficult decision: work at Silicon Valley or Wall Street. Over the past several years, companies like Google, Apple and Meta have attracted some of the best tech talent. But computer engineers are now coming back to Wall Street as banks look to expand.
“We definitely have seen an influx in candidates coming from big tech, crypto, and top-tier startups,” said Josh Woods, head of systematic trading technology at Citadel Securities. Read more at the Financial Times.
#2. Jobs in clean energy exceed jobs in fossil fuels
There are more people working in the clean energy sector than the fossil fuels sector, according to a report from the International Energy Agency (IEA). 40 million people work in clean energy, which is more than 50% of the 65 million roles in the wider sector. However, despite the rising number of roles, gender inequality among clean energy jobs remains. Read more here.
#3. The jobs that employers just can’t fill.
Workers have been re-evaluating their jobs over the past few years. But despite the workers leaving their jobs in record numbers, some jobs still can’t be filled. And some job openings can’t be filled. This gap is the most evident in hospitality and service-work industries. Positions like dishwashers, truck drivers, and food servers – among others – have been open for literal years. Why? Because people want higher pay and better working conditions, among others. Read more at BBC.
#4. Can electric vehicles survive the energy crisis?
Electric vehicles (EV) have been growing in popularity over the past few years – but that may soon change. EV production has grown more and more expensive due to the rising cost of electricity prices and raw materials. Some parts, like semiconductors, have also been chronically unavailable. In addition, many people have found themselves with less disposable income due to inflation and soaring energy bills. Read more here.
#5. Union in dispute with some of its own staff over pay and home working.
One of the UK’s trade unions is facing a possible strike from its own staff. The dispute revolved around pay and work-from-home regulations, a threat that the union’s general secretary has condemned as unnecessary and self-indulgent. Read more at the Guardian.