Tag: Business

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.

Oracle employees from various hierarchies were told that their jobs within its customer experience unit had been cut.

Just last week, Amazon announced that hiring is at its slowest rate since 2019, with its workforce falling by 100,000 compared to the first quarter of 2022.

According to FDI Markets, London has attracted the highest number of foreign direct investments into the tech industry.

Growing inflation continues to outpace the cost of living, essentially making current wage increases moot.

According to a new global survey from Citrix Systems, IT leaders believe that the geographic distribution of workers requires a revamp of current technology systems.