Tag: Business

According to the U.S. Labor Department’s quarterly report, nonfarm productivity fell at a 2.5% pace from the year prior.

According to Forrester’s forecast, Australia, China, India, Japan and South Korea could lose 63 million jobs by 2040 solely due to automation.

Kenya saw the highest growth of venture capital funding this year so far at $820 million compared to last year, largely led by the fintech industry.

“Our overall business performance is not at the levels we anticipated and we are taking decisive actions to improve our trajectory,” said Kedar Deshpande.

Rather than find a solution to employees’ problems, leaders are looking for ways to simply stop resignations on their own terms.

This week, shares in IWG fell 10% following disappointing profits the company attributed to inflation, the war in Ukraine and Covid-19 lockdowns in China.

The path to profitability during a recession will inevitably require more discipline, but a full-office return shows willful ignorance to the data that has supported flexible work policies.

Since reporting its eroding gains, the Japanese conglomerate has been shedding investments made into low-performing tech stocks in order to offset losses.

According to the U.S. Labor of Department, employment levels are back to its pre-pandemic level, negating proclamations that the country is already in a recession

The findings showed that companies could save over $10,000 per employee by opting for flexible workplaces, validating the concept of cutting down their real estate footprint.