Week in review
This week, the U.S. saw the unemployment rate jump to 14.7% in April, the highest level since the Great Depression, as a staggering 20.5 million people lost their jobs. The continued job loss affects all industry sectors, with companies from General Electric and United Airlines to Uber and Airbnb, announcing that they would lay off thousands of workers.
Unsurprisingly, we continue to see a slowdown in new executive hires with most changes occurring in C-suite roles with departures and vacancies being filled. Check out this week's most important executive changes:
Grubhub CTO Maria Belousova Steps Down
Facebook’s Libra Appoints New CEO to Spearhead Roll Out
Lime Gains New CEO As Uber Injects More Funding
Nokia Announces New President of Nokia Enterprise
Wall Street Publisher Dow Jones Names Almar Latour as New CEO
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