This week, we’ve got the goods on Tesla as the EV kingpin ramps up hiring for Elon’s AI ambitions. Plus: Nvidia can’t stop winning, Star Entertainment’s luck is running out, and Domino’s hiring reveals an unexpected...
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This Week in Jobs Data:

Tesla, Nvidia, Domino’s, Star

Hi, Happy Jobs Day. 

This week, we’ve got the goods on Tesla as the EV kingpin ramps up hiring for Elon’s AI ambitions. 

Plus: Nvidia can’t stop winning, Star Entertainment’s luck is running out, and Domino’s hiring reveals an unexpected U.S. pizza capital. 

BTW: if you’re reading this email, you’re likely a data lover. So we know you won’t want to miss our free Compass webinar on October 10th. The alternative data wave is here—we’ll show you how to ride it, at any level of data spend. Register now.  

And read to the end for the latest labor demand trends at Wells Fargo, Delta Airlines, Pepsi, and BlackRock all with earnings calls coming next week.

Have an excellent weekend!

Ciara

Top Story:

Tesla accelerates hiring ahead of 3rd quarter sales win

Even as EV demand sputters globally and CEO Elon fights culture wars on multiplying fronts, Tesla just reported its first rise in quarterly deliveries this year. As consumers sit tight for the next model—the most recent was 2023’s polarizing Cybertruck— investors hope it’s the $25,000 budget option Musk has teased. 

 

The Compass graph below shows a deliberate and gradual return to hiring norms at Tesla, after the unilateral freeze implemented in April. Architecture and Engineering jobs are particularly ascendant as visions of Robotaxis and other AI-powered robots dance in Elon’s head.

Tesla job openings up 275% since April freeze, across all occupations

Telsla_Occupations

See how Compass drives returns.

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On the Ups:

Nvidia job openings rise to meet "insane" demand

Shares at Nvidia jumped 5% on Thursday as the market’s golden calf shakes off this summer’s stock slump. Jensen Huang has called demand for the chip maker’s new Blackwell model “insane;” Compass hiring data below supports his claim. Since July, active jobs at the company are up 17% and hiring velocity has accelerated: jobs that took over 100 days to fill in May are now finding their match within ~80 days.

Nvidia daily job openings up 17% since summer slump

NVIDIA_Daily

Nvidia time to hire down from 110 to 80 days

NVIDIA_Closed_Duration

On the Slump:

Star Entertainment may be about to fold

The Australian casino operator is holding a gnarly deck of cards after reporting a yearly loss of over $1.15 billion. To complete the royal flush of financial uh-ohs, the company is under a severe liquidity squeeze due to high costs and regulatory issues, and its share price had fallen 90% since October 2021 before being recently suspended from the Australian market altogether. Our data below supports the possibility of impending bankruptcy as open jobs have been continually slashed since April, with little relief from newly created openings.

Star Entertainment monthly job openings have plummeted since April

Star_Entertainment_Jobs

Maptime.

Q: What MSA has the most active Domino’s jobs? 

Dominoes_Jobs_by_MSA

A: It’s Houston, with 787 open jobs, followed by the New York metro area and Los Angeles county. Like heat maps? Then you’ll love Compass, where you can investigate hiring trends at the global, state, and even neighborhood level. 

Before the Earnings Call:

LinkUp is highlighting recent hiring trends at four companies set to report earnings next week. The data below is meant to provide additional insight ahead of official reports, and not to stand alone as an indicator of earnings results.

 

For access to the whole range of Compass analytics, sign up for a free trial.

Wells Fargo - Active Listings down 26% YTD  |  Earnings Report on 10/11

Wells_Fargo_Earnings

Delta Airlines - Active Listings up 125% YTD  |  Earnings Report on 10/10

Delta_Airlines_Earnings

Pepsi - Active Listings down 20% YTD  |  Earnings Report on 10/8

Pepsi_Earnings

BlackRock - Active Listings up 75% YTD  |  Earnings Report on 10/11

Blackrock_Earnings

Ask us anything about jobs data.

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About LinkUp

Every day, LinkUp indexes millions of job listings directly from more than 67,000 employer websites. In aggregate, this data tells the story of company health over time, strategic approaches to growth, signals of distress, and in-demand skills.

 

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