Tag

Deel

All articles tagged with #deel

business2 years ago

Deel: Revolutionizing Global Hiring and Regulatory Perspectives

HR startup Deel, valued at $12 billion, is facing scrutiny from regulators over concerns of misclassifying its own full-time workforce as freelancers. Deel, which helps companies handle legal and HR operations in over 100 countries, has experienced rapid growth, with revenue skyrocketing from $1.4 million in 2020 to $169 million in 2021. However, the company's fast expansion has raised questions about compliance and regulatory issues. Deel CEO Alex Bouaziz is now working to mend relationships with regulators and lawmakers, aiming to avoid the fate of other companies like Uber and Airbnb that faced significant setbacks after running afoul of regulators.

businesseconomy2 years ago

Navigating a Recession: Insights and Strategies.

The Federal Reserve's recent rate hike, combined with persisting inflation, tensions with China, and turmoil in the banking sector, has led to predictions of an upcoming recession by big name investors and market signals. Meanwhile, Miami's crypto party has come to an end, Deel's rapid growth has come at a cost, and the short-term rental market is experiencing a turning point. Hedge funds are also poaching talent from Goldman Sachs.

business2 years ago

Deel's Culture of Growth: Inside the Employment and Regulatory Challenges.

An investigation by Insider has revealed the unconventional methods used by HR services startup Deel to achieve breakneck growth, including hiring hundreds of employees across the world as contractors instead of local employees. Meanwhile, e-commerce platforms like Amazon and eBay are squeezing sellers with higher fees, and influencers like Paulina Perez are charging up to $700 for brand deals. Volkswagen has also beaten Tesla in the affordable EV race with the release of the ID.2all, which it plans to sell for $26,600.