Layoffs mount, and Main Street still can’t find any workers to hire for open jobs

Posted by & filed under Part 1 Business in a Global Environment, Part 2 Starting and Growing Your Business, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information.

Description: When it comes to salary, small business owners generally don’t play in the same league as larger companies.It’s even trickier now in a tight labor market with rising wages and with more states and municipalities posting salary ranges, which stand to make small businesses look even less appealing from a salary perspective. Source: CNBC.com –… Read more »

Billionaire Richard Branson Says What Separates Great Leaders From The Pack Really Comes Down to 1 Word

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Description: One of the biggest myths surrounding this leadership strength is that it’s a sign of weakness. Source: INC.com Date: Nov 21, 2022 Link: https://www.inc.com/marcel-schwantes/billionaire-richard-branson-says-what-separates-great-leaders-from-pack-really-comes-down-1-word.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2021,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGIPkvuhoqMJn1cduF9-akeSp44Gjb4lB4EON3hbn9ZL_EWJKCGm5wSFAM9YLLYOHAd29e2ZJfhXDvkF_pcb1lUkyziXetJFruu_SOz0A Questions for discussion: Summarize what Richard Branson says about great leadership. What do you think about this position? What else do you think makes for a great leader?

One in Four Workers Still Fear Catching COVID-19 at Work

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Description: WASHINGTON, D.C. — U.S. workers’ fear of contracting COVID-19 on the job has waned over the course of the pandemic, but a certain amount of unease persists. About one in four employed adults still say they are “very” (6%) or “moderately” (20%) concerned about being exposed to the coronavirus at work, while a third… Read more »

Elon Musk’s backers cheer him on, even if they aren’t sure what he’s doing to Twitter

Posted by & filed under Part 1 Business in a Global Environment, Part 3 Management: Empowering People to Achieve Business Objectives, Part 4: Marketing Management, Part 5 Managing Technology and Information, Part 6 Managing Financial Resources.

Description: Elon Musk’s acquisition of Twitter has not exactly taken off like a rocket. After trying desperately to get out of the $44 billion purchase, he faced a court battle for reneging. So he went through with it, while complaining that he was “obviously overpaying.” Mass layoffs and mass resignations have left Twitter a shadow… Read more »

Iger announces first big moves in new tenure as Disney CEO: Restructuring and departure of Chapek right hand Kareem Daniel

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Description: Bob Iger, less than 24 hours after returning to the helm of Disney, told employees Monday that the company would be undergoing a restructuring in coming weeks. One of the first steps, Iger announced, would be the departure of Kareem Daniel, the company’s head of media and entertainment, and right hand to now-departed CEO Bob… Read more »

Theranos founder Elizabeth Holmes sentenced to more than 11 years in prison

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Description: Theranos founder Elizabeth Holmes was sentenced Friday to more than 11 years in prison for fraud after deceiving investors about the purported efficacy of her company’s blood-testing technology. She was ordered to surrender on April 27. ?Source: CNBC.com – video report Date: Nov 19, 2022 Link: https://www.cnbc.com/2022/11/18/former-theranos-ceo-elizabeth-holmes-sentenced-to-more-than-11-years-in-prison.html Questions for discussion: What was Elizabeth Holmes… Read more »

New Report: 3 Ways Inflation Is Hurting Your Employees

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Description: A workplace study reveals what employees are currently experiencing, and what leaders can do to help. Source: INC.com Date: Nov 15, 2022 Link: https://www.inc.com/marcel-schwantes/new-report-3-ways-inflation-is-hurting-your-employees.html?utm_source=newsletters&utm_medium=email&utm_campaign=IncThisMorning-Nov%2015,%202022&leadId=261346&mkt_tok=NjEwLUxFRS04NzIAAAGIH2ZPOz72K69sxebK9AJyJnHVaWsNDbbHYQ_unAgvDxnCEpmMYDIr8jSUujgoP1QtWUdiUFGQW4lSt_-vKE7Y0QOBksJQOhaAyfFysQ Questions for discussion: Summarize what the report says about concerns facing employees. What can managers do? Are there social and ethical “limits” to company responsibility for employees?

Is This the End Game for Crypto?

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Description: Recent events have made clear the need to regulate crypto, an industry that grew from nothing to a $3 trillion market capitalization a year ago, although most of that has now evaporated. But it also seems likely that the industry couldn’t survive regulation. Source: NYT.com Date: Nov 17, 2022 Link: https://www.nytimes.com/2022/11/17/opinion/crypto-banks-regulation-ftx.html? Questions for discussion: What does… Read more »

Walmart and Target’s quarterly results lay bare the retailers’ stark differences

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Description: Walmart’s stock surged this week. Target’s shares plunged. The rival big-box players are both known for selling an array of products including food, clothing, home goods and kitchen appliances. Both their CEOs ? Walmart’s Doug McMillon and Target’s Brian Cornell ? stepped into their roles in 2014. Source: CNBC.com Date: Nov 17, 2022 Link: https://www.cnbc.com/2022/11/17/walmart-and-targets-quarterly-results-lay-bare-retailers-differences.html… Read more »

Meta shares up on report it’s set to begin mass layoffs

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Description: Shares of Facebook owner Meta rose 6.5% Monday following a Wall Street Journal report over the weekend saying the company could start mass layoffs as soon as Wednesday. Source: CNBC.com Date: Nov 07, 2022 Link: https://www.cnbc.com/2022/11/07/meta-shares-up-on-report-its-set-to-begin-mass-layoffs.html Questions for discussion: Why would the stock price increase as a result of this announcement? What is the similarity to Twitter’s announcement this week?