Careers
fromFast Company
9 hours agoThe quiet cruelty of 'ghost jobs' in today's hiring market
Job seekers face challenges from 'ghost jobs' that remain posted despite no actual hiring, wasting time and emotional energy.
The Federation of Malaysian Business Associations stated that a blanket work-from-home policy could cost the Klang Valley hundreds of millions of ringgit a month, emphasizing that these losses are expected to be 1.9x to 2.9x higher than the projected savings of widespread work-from-home arrangements.
"For the first time, a rigid office attendance mandate has been broken and replaced with a more sensible, flexible approach based on what actually works," General Secretary Fran Heathcote said. "This has been a long campaign and reaching a deal members could accept reflects the determination of PCS members at ONS, the hard work of their reps and the value of trade unionism."
Perks have vanished, in-office mandates are on the rise, and layoffs continue even as profits hold up - changes that reflect a system that prioritizes shareholder returns over stakeholder capitalism and corporate loyalty. With job openings thinning, wages struggling to keep pace with inflation, and AI looming as a threat to entire occupations, the recalibration is altering how advancement and compensation are determined inside companies.