LinkedIn Loves Your Data

[00:00:00] Hide your kids, lock the doors!

[00:00:02] You're listening to HR's most dangerous podcast.

[00:00:05] Chad Soash and Joel Cheeseman are here to punch the recruiting industry right where it hurts.

[00:00:11] Complete with breaking news, brash opinion and loads of snark.

[00:00:15] Buckle up boys and girls, it's time for the Chad and Cheesep Podcast.

[00:01:23] like you know six to eight hours you know you start to get sore when you can't move so I'm not sleeping a good eight hours. Is the one position on your

[00:01:29] back? Yeah yeah cuz I've got to wear my sling. To the back. Not to the back. Not the best.

[00:01:35] So this works. So this is wild. So last last week here in central Indiana we got a

[00:01:40] little bit of snow. We had the all-star game if you're an NBA fan so it's kind

[00:01:45] of a busy week here. How much did you against it? I just think it cheapens the whole history of the booze, man. You're turning more into a socialist day by I'm all I'm all for the abundance of American consumerism. I just don't like a celebrity, you know, shout out pouring in my drinks. All right. Enough of that talk. Let's get to shout outs. My first one goes to our friends at at at Fama.

[00:04:20] Of course, you know, Fama is run by our friend Ben Moniz.

[00:04:24] That's right.

[00:04:25] Ben Moniz.

[00:04:26] So they have if you don't track all this video stuff outside of the text world and put that on for employers to watch. So I think personally, this is a huge innovation at Fama way beyond

[00:05:44] text on Twitter. That stuff's easy. This stuff is's too much It's too much. So it's too much back to your point of what am I streaming? So, I mean we actually just Chromecast. That's really where we're moving. Now, if you don't need to buy streaming stick boxes or whatever the hell they come out with, will Walmart then charge a VIG on purchases made through the Vizio TV? You run a movie through the Amazon app.

[00:08:20] Does Walmart get a cut?

[00:08:21] Very Apple-esque.

[00:08:23] Then there's the advertising network aspect of it, which is very large. one login and then you can get access Hulu or Netflix or all the different ones you have. So they're trying to be a platform for all the streaming services. So I could definitely see a day where you buy Vizio TV, you give it your username for all these streaming services and you just turn on the TV and it's all there already logged in.

[00:09:40] And then of course you mentioned the shopping thing.

[00:09:43] Hey, you like Ted Lasso's Nikes or Nikes maybe battle.

[00:10:41] Oops, winning. Walmart.

[00:10:41] Well, no word if only fans is going to be on these Walmart TVs of the future, Chad.

[00:10:47] But you're probably familiar with Alexei Navalny in Russia.

[00:10:52] Putin's dog house for sure is one dog lighter this week.

[00:10:58] However, there's there's a new public enemy number one in Russia.

[00:11:02] Her name is Lolita Bogdanova.

[00:11:05] Is that a real name?

[00:11:06] That's a horrible sexy name, which is, you know, they have pictures online. They have pictures online. It's, it's pixeled out for, uh, for the kid friendly websites that I frequent. I'm not saying that the pictures don't exist. I don't say that the pictures don't exist. I'm just saying the story around of the pictures. I don't, I don't, I don't know, but you know what Lolita can do?

[00:12:20] Uh-huh.

[00:12:21] She can enjoy free stuff with Chad and Cheese.

[00:12:23] She can get a chadcheese.com slash freeums. That's right. Chad. I don't know if you mentioned it or if you've heard,

[00:13:40] but plum, the folks at plum are sponsoring a bottle of rum for one

[00:13:45] lucky winner who's celebrating a birthday and celebrating another trip around header, you'll see just click on win free tickets. I tried to make it easy for you. Win free tickets, what you're going to do is you're going to register for free stuff. That's right. All the stuff we talked about before the possibility of winning free beer, whiskey, t shirts, maybe even on your birthday getting run from plum. Also, you might get an opportunity to win a free ticket into transform. So check that

[00:15:01] out. Then play the kibu. Oh, yeah.

[00:16:05] link in the upper right hand corner or just go to Chadcheese.com slash events. We had to wrestle that discount code away from leaving.

[00:16:09] We made him drink a six pack of Heineken or threaten him with a six pack of Heineken or

[00:16:15] else we're gonna, we're gonna, we're gonna really-

[00:16:17] I'm happy.

[00:16:18] Can't wait to get back to Europe.

[00:16:20] All right.

[00:16:21] Well, before we get some news, Chad, we've got-

[00:16:23] Layoffs.

[00:16:24] Layoff news.

[00:16:25] Oi, oi, oi. Total annual CEO comp was reported at $33 million for last year, the year 2023. That's an increase of 14% over the year before. A failure receives 14%. It took wage earners in the US 40 plus years just to hit that mark and wage increases took 40 years.

[00:17:41] This motherfucker did it while he was failing in one year.

[00:18:42] Not the way that business should work. How the hell is Nike not one of the most profitable companies in the world?

[00:18:46] All I see is fucking Nikes on people.

[00:18:48] From the kids to the old folks to me.

[00:18:51] Anyway, that's an aside.

[00:18:52] What I found interesting was that the stock didn't move much.

[00:18:56] Like, I assumed with Meta doing what it did in Google,

[00:19:00] like I thought firing some people would really ignite the stock.

[00:19:04] You're talking tech versus material gas. They never have and they never will. We have some hidden audio from the headquarters at NVIDIA. Things are good at NVIDIA to say the least. Super yachts and hoes, yeah. All right, Chad, here's a roundup of some interesting news that our listeners might

[00:20:26] enjoy. thoughts. Let's take this one by one. PageUp. So how do you say fire sale without saying fire sale? I think they did a really good, they had a good example there, right? Now from the BV funding press release back in 2018, quote, PageUp will use some of the new funding to increase its already significant focus on product research and development.

[00:21:40] In addition, PageUp plans to continue its global expansion and may seek acquisitions company trying to target the US, not easy. Only Outback Steakhouse has accomplished such a feat. If you've got a blooming onion, you might be good. If you don't, you're probably fucked. They went to the UK and they did some acquisitions in the UK, which helped them, I think, from a portfolio standpoint, but it didn't really launch them like I think they thought they would be in Europe. They really had no chance in the US unless they bought has the money. So like, let's get some cash. This is 2018, 2024, if my math is correct, that puts us into year seven of this relationship. And clearly things aren't going the way that Battery Ventures had hoped that they would.

[00:24:24] Cue the smart recruiters news from last week, a as of that was February 20th. So this is the highest the stock has been in the last two years. So it's probably smart they sell as soon as humanly possible. The sale seems smart but what about the buy? In this case what do you think was this a smart buy? I don't I don't know enough

[00:25:41] about it to say if it was smart or sucks. I mean, they're gonna chop this thing up, they're gonna fire people, they're gonna milk as much profit out of this as possible. So if you work at Hire Right, man, time to update that LinkedIn profile for sure. Not gonna be fun, kids, not gonna be fun. And not another place where it's not gonna be fun,

[00:27:00] where there is smoke, there is fire,

[00:27:03] and when there is fire, in this case, there is fire.

[00:27:06] What do I mean by that? are not where I would not personally spend my budget, kids. And this just in from an anonymous source out of Scotland, anonymous, quote, quote, Bimmery was never more than Aperture with a shinier pitch deck, end quote.

[00:28:20] Welcome to all things Scottish.

[00:28:21] Our slogan is, if it's no Scottish, it's crap.

[00:28:24] Dude, I'm on record as this has all the writings of dead on arrival for Beemerie. And it's just bad news. A couple of that as well. I think checkers checkers in a bad spot for sure. Well, let's, let's get into some, some, some small startups as opposed to these uniforms dying. Let's move away from this madness. Someone may have, may have been bitten by a venomous insect in Australia. Australia's hatch has raised roughly 4.6 million US dollars.

[00:32:05] technology. Never heard that before, have you? User growth, geographic growth, expanding nationwide over two year period before becoming a global platform. They're not even national yet.

[00:32:12] And then growing the Hatch team with ML and AI. So in Australia, competitors are seek indeed in

[00:32:19] the national workforce Australia site, right? general. You don't have a large enough population to play this incredibly super niche game. I like the idea, but from a math standpoint, it doesn't work. That escalated quickly. I'm glad you took it into the cerebral realm of math, because I'm going to take it somewhere else.

[00:33:43] Seriously, somebody smoking some poisonous frog juju. Now to think that it's going to work in the job search arena, give me a break, man. I mean, it's not your daddy's job board. Like that just doesn't really play to anybody. And these guys are putting like holistic job board, uh, like full self connect. Like they're using words that are so snowflakey.

[00:35:01] Sorry to, sorry to get anti woke on you, but it's like so snowflakey.

[00:35:06] It's just, it's, it's so bad.

[00:36:02] It was so good, I don't even know what the hell it is. So they kind of sold in the dead of night.

[00:36:07] There wasn't even a press release, I don't think.

[00:36:09] It's like somebody found out about

[00:36:10] from some public announcement

[00:36:12] that they had been acquired by somebody.

[00:36:14] So like, that's where Hatch is going.

[00:36:17] Hatch needs to go back on the egg,

[00:36:19] go back in the uterus and like go home.

[00:36:22] Cause this is just not gonna work out well.

[00:36:24] You've been hatched.

[00:36:25] I love Australia, I love the spirit Or what the kids call the NLRB and disputes related to workers rights and organizing Amazon argues the L NLRB structure violates the separation of powers and denies due process echoing similar claims by SpaceX and Trader Joe's Chad your thoughts on the latest from the

[00:37:41] NLRB attack

[00:37:43] so against eight engineers who criticize Musk in a letter to the company executives. So Seth Goldstein, who's actually an attorney who represents both Amazon labor union and the labor group Trader Joe's United stated, quote, if we can overturn Roe and affirmative action, this should be a piece of cake. So like, let's get the Supreme Court on this. Well, they've had a pretty rough month, Chad. I know you're sad about that. Anyway, North Korean hackers are using AI tools like Chat GPT to conduct phishing scams on LinkedIn aiming to fund their nuclear weapons program.

[00:41:40] But wait, Chad, there's more.

[00:41:41] A new class action lawsuit against LinkedIn

[00:41:43] alleges the company unlawfully tracked

[00:41:45] its members' activities on the California DMV website California is an entirely different animal. Europe of America. Yeah, the only one that keeps most of us straight. So yeah, it's interesting. It will be interesting to see how this progresses. And then who gets smacked around for this? LinkedIn, again, really focusing heavy on trying to generate revenue.

[00:43:02] Apparently, they went too far.

[00:43:04] I mean, apparently, they went too far. Like that's how this isn't working because people are realizing like okay that the English is a little bit off Something doesn't quite seem right here But how far do we have to go until they do sound like they're credible? When until video comes into it till you know, like actual voices come in so this to me is a

[00:44:21] preliminary fear factor element that we should be aware of that North Koreans are trying to recruit with AI

[00:45:23] or any big tech company, this is a real threat. GDPR needs to happen in California,

[00:45:27] which it kind of has already.

[00:45:28] In the US.

[00:45:29] In the US baby.

[00:45:30] In the entire US.

[00:45:31] When the European Union is ahead of us,

[00:45:34] and they are so far ahead of us on all this stuff,

[00:45:37] because they actually give a shit,

[00:45:38] and that's the problem that we're having.

[00:45:41] We care more about the profits that are being made

[00:45:43] other than the people that are getting fucked.

[00:45:47] Come on. meeting room. Devin Shires, solicitors, the law firm reportedly did not make a formal complaint, but her employer total clean gave her the acts anyway for stealing. Chad UVW, a union representing migrant workers is taking legal action over claims of unfair dismissal and race discrimination. It's enough no sense whatsoever. And then back to the, the, the porky coffee. Again, I don't get it. I'm gonna have Julie go get one and then we'll see. Clearly, clearly, Chad, your palette is, is just totally wrong on this one. Uh, coffee

[00:48:22] and bacon signed me up, my friend. Uh, was nice and hot in the, in the microwave. Like it was trash. Seriously. These fuckers at total clean should have to eat a shit sandwich.

[00:49:40] There's no bacon on the shit sandwich, Chad,

[00:49:43] because it might actually be edible if you put bacon on it.