Gusto, a valued HR tech startup, is conducting a $200 million tender offer led by the Ontario Teachers’ Pension Plan, allowing employees to cash out shares and marking the company's ongoing growth amid a limited IPO market. The deal reflects Gusto's strong financial position, with over $500 million revenue in 2023, and its focus on expanding its HR services and product offerings.
ChatGPT, an AI-powered chatbot, is gaining popularity in the job application landscape. It can help job seekers prepare for interviews, enhance resumes, match cover letters to job descriptions, and improve LinkedIn profiles. HR professionals can use it to reach out to candidates, write job descriptions, and generate interview questions. However, experts caution that AI-generated information is not always accurate and should be viewed as a "first pass" that requires human review. Additionally, firing employees via AI is not recommended.