Description: Many of the biggest technology companies are laying off staff as fears of a recession rises. But the job cuts come after a few years of rapid expansion. Source: CNBC.com Date: Jan 18, 2023 Link: https://www.cnbc.com/2023/01/18/apple-had-slower-headcount-growth-than-tech-peers-no-layoffs-yet.html Questions for discussion: Why is Apple not laying off employees at this time while other technology firms are?… Read more »
Posts Categorized: Management Issues
3 Lessons From Elon Musk’s Sabotage Of Tesla
Description: Know your customers’ needs, track your rivals, and choose a clear strategy. Source: INC.com Date: Jan 19, 2023 Link: https://www.inc.com/peter-cohan/3-lessons-from-elon-musks-sabotage-of-tesla.html Questions for discussion: What are the key criticisms and strategic advice that is presented to the company? Do you agree with this line of thinking? What would you advise?
Annual Silicon Valley Bank Report Paints Sober Picture For Wine
Description: A trend called Neo-Prohibitionism combined with less wine consumption by younger generations has left baby boomers as the wine industry’s sole BFFs. Those are three main takeaways from a sobering analysis of U.S. wine consumption by the wine division of Silicon Valley Bank (SVB). Source: Mediapost.com Date: Jan 19, 2023 Link: https://www.mediapost.com/publications/article/381730/annual-silicon-valley-bank-report-paints-sober-pic.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=129003&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for… Read more »
Why Salesforce layoffs may actually be a problem for the stock
Description: In the wake of Salesforce’s (CRM) mass layoff announcement last week, Wall Street may have overlooked one key element in its haste to predict better profit margins from the tech giant. Source: Yahoo.Finance.com – video report Date: Jan 11, 2023 Link: https://ca.finance.yahoo.com/news/why-salesforce-layoffs-may-actually-be-a-problem-for-the-stock-190153289.html Questions for discussion: What is the concern about the layoffs? Do you agree… Read more »
Swiss central bank posts biggest loss in its 116-year history
Description: The Swiss National Bank on Monday reported a loss of 132 billion Swiss francs ($143 billion) for the 2022 financial year, citing preliminary figures. It represents the biggest loss in the central bank’s 116-year history and equates to roughly 18% of Switzerland’s projected gross domestic product of 744.5 billion Swiss francs. Its previous record loss was… Read more »
People are leaving Canada’s biggest cities amid a housing crunch
Description: Canada’s largest cities are getting bigger and more expensive, forcing hundreds of thousands of people to search for affordable housing elsewhere.Toronto, the country’s biggest urban center, saw nearly 100,000 people leave the area, with 78 per cent choosing to settle in other parts of the province over a one-year period to July 1, according… Read more »
2022 Executive of the Year: Marc Pritchard
Description: There were more than a handful of worthy candidates considered by MediaPost editors for this year’s Executive of the Year honors. Source: MediaPost.com Date: Jan 08, 2023 Link: https://www.mediapost.com/publications/article/380606/2022-executive-of-the-year-marc-pritchard.html?utm_source=newsletter&utm_medium=email&utm_content=comment&utm_campaign=128856 Questions for discussion: What are some marketing insights posed by Marc Pritchard? Do you agree that there is “no average consumer”? Can marketers always follow… Read more »
How health insurance may have made health care more expensive
Description: Widespread medical debt is a uniquely American problem. Roughly 40% of U.S. adults have at least $250 in medical debt, according to a survey conducted by Kaiser Family Foundation. Source: CNBC.com – video report Date: Jan 08, 2023 Link: https://www.cnbc.com/2023/01/08/how-health-insurance-may-have-made-health-care-more-expensive.html Questions for discussion: What is the explanation presented in this report for higher health care… Read more »
Amazon says it will cut over 18,000 jobs, more than initially planned
Description: Amazon said Wednesday it will cut more than 18,000 jobs, a bigger number than the e-retailer initially said it would be eliminating last year. Source: CNBC.com – video report Date: Jan 04, 2023 Link: https://www.cnbc.com/2023/01/04/amazon-says-it-will-cut-over-18000-jobs-more-than-initially-planned.html?qsearchterm=amazon Questions for discussion: What does the report say about the job cuts and the reasons given? What do you believe… Read more »
What did Tesla’s stock plunge cost S&P 500 investors last year? Billions and billions
Description: A lot of retail investors are getting a good laugh from watching the impact that the huge decline in Tesla’s (TSLA) share price is having on CEO Elon Musk, who was the world’s richest person before Tesla started tanking. Source: Yahoo.Finance.com – video report Date: Jan 07, 2023 Link: https://finance.yahoo.com/news/what-did-teslas-stock-plunge-cost-sp-500-investors-last-year-billions-and-billions-135118666.html Questions for discussion: What does the… Read more »
