Showing posts with label Pershing Square Capital Management. Show all posts
Showing posts with label Pershing Square Capital Management. Show all posts

Monday, May 16

Hire Ukrainians Instead of Americans

Billionaire investor Bill Ackman (right) has advocated for U.S. companies to hire Ukrainians who are "grateful" over Americans who allegedly do not work as hard.

In a Tuesday tweet, the founder and CEO of Pershing Square Capital Management said he had dinner with a number of startup CEOs who had complained about the work ethic of young American engineers. He suggested that employers should instead look to hiring people from Ukraine as Russia's invasion of the country continues.

"Tonight I had dinner with 15 startup CEOs who bemoaned the work ethic of young US engineers, particularly compared with those from emerging countries," Ackman wrote. "Idea: recruit engineers from @Ukraine. They are extremely talented, hard working and grateful, and you will be doing good."

Ackman's comments come as the COVID-19 pandemic's Great Resignation saw record numbers of people in the U.S. quitting their jobs, with many young people taking advantage of the labor shortage to seek roles that provide an attractive work-life balance and better pay and benefitsREAD MORE...