Latest news with #sabbatical
Bloomberg
3 days ago
- Business
- Bloomberg
Citadel's Head of Fixed Income Edwin Lin Is Taking a Sabbatical
Edwin Lin, Citadel's head of fixed income and macro, is taking a sabbatical from the firm after 14 years. The move was announced to investors this week, people familiar with matter said. He is expected to leave on July 1, one of the people said, asking not to be identified discussing internal matters.
Forbes
13-06-2025
- Business
- Forbes
7 Signs You're Ready For That Sabbatical
7 signs you're ready for that sabbatical Work feels like a drag and you're staring out the window wishing you didn't have to be in front of your laptop. Most founders have been there at some point. When sales are going slower than planned and annoyances pop up every day. It gets you down. Surely there's an easier way to make money than this. The number of employees taking sabbaticals is rising, and entrepreneurs are following the trend. A sabbatical might be a full break; with several weeks or months away from the business; mini breaks throughout the year, or even a part-time engagement or structured program for skill development outside your main thing. They are linked to reduced burnout and increased productivity all round. A sabbatical might be exactly what you need. Taking time off and regaining your drive for the mission could be the difference between running on empty forever and coming back stronger. They're not just for academics and people in jobs. Entrepreneurs can take career breaks too. After selling my agency in 2021, I took time off before starting my next venture. That break gave me the clarity to build something completely different and more aligned with who I'd become. The breakthrough you need might come from stepping back, not pushing forward. Remember when you first started? Everything was an adventure. Problems were puzzles to solve. Business was a game. Now you're dragging yourself to your desk, counting the hours until you can stop. The spark is gone and everything feels heavy. When business stops being fun, you stop bringing your best ideas. You make safe choices instead of bold moves. First, see if you can get your business mojo back. If that doesn't work, take the sabbatical. And do it before you start to resent the thing you built. Come back when you remember why you started. You've built something beautiful. Digital products sell while you sleep. Subscriptions renew automatically. The machine hums along without your constant attention. This is the perfect time to step away for a while. Test it first. Take a long weekend without checking in. Then try a week. If nothing breaks, you're ready for a break. Your business will be there when you get back, probably running better than ever. Your team handles problems without calling you. They make decisions you'd agree with. You're not the bottleneck anymore. In fact, you might be getting in their way. Give them room to grow. Let them own their areas completely. When you come back, you'll find they've leveled up in ways that wouldn't have happened with you hovering. Maybe you had a good exit. Maybe you've saved enough. Maybe your assets pay you monthly. Whatever the reason, you can afford to pause without panic. This is freedom most founders never achieve. Use your blank space wisely. Plan your next move with intention. Don't wait for some perfect moment that never comes. If you can afford to stop, you can afford to start again with fresh perspective. Late nights are catching up on you. Your back hurts from hunching over your laptop. You can't remember the last time you felt rested. No business is worth destroying your body. Your health is your wealth. Take the break now while you can still recover. Come back stronger, not broken. Your future self will thank you for choosing yourself over another quarter of growth. Maybe it's a mission. Maybe it's a passion project. Maybe it's something you want to explore but never had time. That pull isn't going away. It's getting stronger. Honor what's calling you (after checking it's not another shiny object). These interests often lead to your next big thing. Even if they don't, you'll come back to business with new energy and perspectives. Follow your curiosity down new rabbit holes and see what else you could build. Your partner sees you need this. Your kids miss the version of you that wasn't always stressed. Even your parents are suggesting you take a break. Listen to the people who want the best for you, while knowing what you want. Surround yourself with people who don't hold you back. If they're encouraging a sabbatical, they could see something you might be missing. Trust your gut, but consider your perspective. They want you whole, not just successful. You're doing this for breakthrough, not breakdown. Create space for what's next when you free up your calendar and mental overload. Plan your sabbatical like you'd plan a product launch. Set a return date. Prepare your team. Create systems that work without you. Then disconnect. No sneaky email checks. No "quick calls." Rest requires boundaries. You didn't start your company to become a slave to it. You created it to serve you. Make the plan and log right off.
Fast Company
09-05-2025
- Business
- Fast Company
Uber staff revolts over return-to-office mandate
Uber is facing internal staff unrest as it attempts to implement a three-day-per-week return to office (RTO) mandate and stricter sabbatical eligibility. An all-hands meeting late last month descended into acrimony as staff flooded the online meeting chat with queries about why the mandate was being enacted. 'How is five years of service not a tenured employee? Especially when burnout is rampant in the org,' read one message that was reviewed by CNBC. Following the meeting, Nikki Krishnamurthy, Uber's chief people officer, issued a memo saying staff had 'crossed an acceptable line' during the call. It's unclear if there has been any disciplinary action to date. But the dissatisfaction displayed during the call wasn't a one-off; the general demeanor of the company's 31,100-person staff has dropped in recent months, says one Uber employee who was on the contentious call. (The staffer was granted anonymity to speak freely about the organization's morale.) 'I felt it from the performance review/promo cycle,' the staffer says. 'I heard a lot of complaints about unfair evaluations. I've been a top performer since I joined, and I got a similar evaluation. So it wasn't personal to me. But I had senior and staff friends leaving.' That general malaise and unhappiness came to a head during the heated all-hands meeting last month. The return to office was discussed on the call, and received badly by Uber staff. 'The messages were flowing crazily fast,' the anonymous staffer told Fast Company. 'The general discontent was crystal clear,' they added, but the scale and speed at which comments were being typed made it difficult to keep track. 'I even tried to download the chat logs, but they are not available to download,' the employee explained. On the call, a recording of which was obtained by CNBC, Uber CEO Dara Khosrowshahi said: 'We recognize some of these changes are going to be unpopular with folks.' Krishnamurthy deemed some of the employees' responses 'unprofessional and disrespectful.'
Entrepreneur
07-05-2025
- Business
- Entrepreneur
Uber Employees 'Invade' CEO With Questions on Policy Changes
Uber's recent changes include adding a day to its hybrid work policy (from two to three) and upping the sabbatical eligibility requirement. After Uber announced an extra day of RTO (beginning in June) and changes to its sabbatical structure in late-April, CNBC is reporting that CEO Dara Khosrowshahi told employees "it is what it is" at a recent all-hands meeting that the outlet describes as "heated." According to audio obtained by CNBC, Uber employees asked a ton of "fiesty" questions at the meeting on April 29 — to the point where Uber's Chief People Officer Nikki Krishnamurthy had to send out a post-meeting memo citing behavior that "crossed the line into unprofessional and disrespectful," according to the report. Related: JPMorgan CEO Jamie Dimon Says Only One Group Is Complaining About Returning to the Office Uber's recent changes include adding a day to its hybrid work policy (from two days a week to three), and upping the sabbatical eligibility (a month of paid leave) requirement from five years of tenure to eight. "If you're here for a sabbatical and this change causes you to change your mind, it is what it is," Khosrowshahi told employees at the meeting, per CNBC. "I'm sorry about that," he continued. "We recognize some of these changes are going to be unpopular with folks. This is a risk we decided to take." Related: Uber's CEO Says Drivers Have About 10 Years Left Before They Will Be Replaced Khosrowshahi mentioned the company's internal message board at the beginning of the meeting, which he said was "invaded by questions." Some noted the lack of desk space, an issue that has been plaguing tech companies since the return-to-office movement began. In some cases, the pushback has been so severe that competing companies—Verizon and AT&T, for example— have used remote work polices as leverage for hiring top talent. In response to CNBC, the company said in a statement that it was "hardly a surprise" employees pushed back about the changes, but "the job of leadership is to do what's in the best interest of our customers and shareholders." Working together in the office is better for the company, Uber told CNBC. Related: Uber Released Its Annual List of Things People Leave in Backseats — and It Is Wild
