Matt Turner
Business Insider
New York, NY, United States
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Past articles by Matt:
Big Tech is pursuing 'the year of efficiency.' It could get supercharged by AI.
In Insider Today's Sunday edition, business editor-in-chief Matt Turner breaks down why Big Tech's new focus on efficiency could have far-reaching impacts. → Read More
Tech giants aren't just cutting thousands of jobs — they're making them extinct
In a recent note by Morgan Stanley analysts led by Brian Nowak, the bank said "AI based productivity drivers are coming." → Read More
The $30 billion reason for Wall Street to save First Republic ASAP
First Republic's rivals will end up paying for its struggles, whether it survives or gets seized by the FDIC. → Read More
First Republic handed out billions in ultra-low-rate mortgages to the wealthy. It backfired horribly.
The bank is now fighting for its survival, after its strategy of winning over wealthy clients with huge mortgage loans went wrong. → Read More
Why Silicon Valley Bank failed
Wondering what happened at Silicon Valley Bank? SVB's recent actions are partly to blame, but the seeds of its demise were planted months ago. → Read More
Inside the 'doomsday' layoffs at Goldman Sachs
In Insider Weekly: We talk about Goldman Sachs' brutal layoffs, why paid sabbaticals are a good thing for everyone, and a new economic agenda. → Read More
Want to work for Elon? Musk says he's going to be looking for someone else to run Twitter.
Elon Musk said that he's planning on reducing his involvement in Twitter over time after an "initial burst" of activity to reorganize the company. → Read More
Meet the rising stars of Wall Street who are navigating volatile markets and transforming the industry while still in their 20s and 30s
We pinpointed the young finance professionals on the runway to success, even as banks and money managers brace for cutbacks. → Read More
Goldman Sachs insiders are concerned about CEO David Solomon's push to build his personal brand
Goldman Sachs insiders are baffled by the amount of focus CEO David Solomon puts into his hobby and his use of private jets to promote his DJ work. → Read More
High turnover and mounting losses are plaguing Goldman Sachs' Marcus consumer-banking unit
Turnover's been high at Goldman Sachs' Marcus consumer-banking unit. Plus, a "messy" end to a Facebook contractor's job and a leaked Oracle org chart. → Read More
Meta is facing a reckoning it may not recover from
For the first time ever, Facebook's advertisers are slashing spending and shifting dollars elsewhere. → Read More
Wall Street is facing a summer of hell, and it could be just getting started
In Insider Weekly: Wall Street's hellish summer, Airbnb host panic, and Leon Black's lawyer Danya Perry. → Read More
These are the 100 best early-stage investors in America
In Insider Weekly: The 100 best early-stage investors in the US, Meta's hiring freeze, and JPMorgan employees discuss return to office. → Read More
Inside the implosion at the checkout startup Fast, as told by leaked screenshots, former employees, and investors
In Insider Weekly: Behind the scenes of the implosion at the Stripe-backed startup Fast, The New York Times' new Twitter policy, and Cold War 2.0. → Read More
Readers share their salaries and what money means to them
In Insider Weekly: Our series where workers share their salary journeys, inside Russia's frozen economy, and where a second US civil war could break out. → Read More
Amazon knew customers felt tricked into signing up for Prime, but disregarded changes because they would reduce subscription growth, internal docs show
Docs show Amazon knew of Prime customer complaints, inside Emily Weiss's failed Glossier tech ambitions, and it's time to blame bad managers. → Read More
Inside the quiet rise of Julian Salisbury, a soft-spoken Goldman Sachs exec some consider a contender for the CEO job
In Insider Weekly: Julian Salisbury is Goldman Sachs' unlikely CEO contender, Telegram faces a dilemma in Ukraine, and our exclusive Ray Dalio interview. → Read More
Criminals are preying on flashy crypto owners. Crypto culture's love of flaunting wealth and success is making it easier.
In Insider Weekly: Criminals prey on flashy crypto and NFT owners, what happened with Peloton's mass layoffs, and a look at Wall Street bonuses. → Read More
Dropbox's diminishing employee perks, including free food from Michelin-starred chefs, is leading to a loss of talent
In Insider Weekly: Inside Dropbox's diminishing perks, leaked audio from CNN meeting about Jeff Zucker, and Microsoft's metaverse mess. → Read More
Hybrid work has been called a mess, headache, and disaster. Here's how managers can make it work.
Best hybrid-work advice for managers, Google Cloud's latest compensation changes, and how to make passive income on Airbnb. → Read More