Shredded: Juicebox, Fetcher, McKinsey, Rippling, Humanly, CareerArc, & More

0:09Hi kids, it's Cole Cheesman and I'm bringing you The Shred for the third week of October 2026. The Shred is a weekly roundup of what's making headlines in the world of employment.

0:22And now to the news, no particular order. San Francisco-based Juicebox has agreed to acquire intellectual property and other assets from New York-based recruiting platform Fetcher. As Fetcher winds down operations, its customers can transition to Juicebox's AI recruiting platform, which pairs specialized AI agents with dedicated support to help companies engage candidates. Another one. The U.S. Department of Labor suspended Microsoft, Adobe, and several tech firms from the permanent labor certification program amid federal investigations into foreign labor practices. Officials cited American job protection, while Microsoft defended its compliance and noted most of its employees are U.S.

1:04citizens. Another one. McKinsey removed senior partner Chris Bradley from his leadership role following online posts where he dismissed the glass cliff phenomenon, the theory that female executives are more likely appointed to head struggling companies, stating his comments fell short of firm standards. Another one. Rippling expanded its New York City presence by opening a 132 ,693 ,000 square foot office at 330 West 34th Street. The facility accommodates over a thousand employees to support the company's AI-powered workforce management platform, product development, and ongoing global growth.

1:42Another one. Despite a low overall unemployment rate, U.S. workers face a sluggish hiring market, taking longer to secure new positions. Consequently, many individuals are exhausting their unemployment benefits before finding work, creating significant financial and emotional strain for households. Seattle-based hiring tech company Humanely acquired Burbank, California-based recruitment marketing platform CareerArk to combine AI screening and interview tools with social media recruiting and career site mapping systems. The deal aims to help high-volume employers better connect recruitment marketing with automated candidate engagement.

2:20In September, the U.S. Consumer Price Index rose 0.6 % monthly and 3.7 % annually, driven largely by a 9.1 % jump in gasoline prices. Core inflation reached 2.6 % year-over-year. These elevated figures increased expectations for further Federal Reserve interest rate hikes. Be sure to tune in to a weekly show for this and more news and commentary from the world of recruiting. Cheeseman, out.

2:51Adios, turd nuggets.