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Business finance: The ultimate guide for non-finance people

BMT Office Administration

Either way, you’ll need to master the basics of business finance if you want to find success. Even employees not working directly in finance generally need a basic understanding of it to succeed. Nothing exists in a bubble, and business finance is no different. Why is that?

Finance 105
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Tech Sector Drives Record Layoffs in 2023

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According to a report published by Yahoo Finance , this surge, which was the highest since 2020, was led by high-profile tech layoffs from giants like Meta and Amazon. More specifically, the tech sector is reported to have experienced a 73% increase in job cuts — closely mirroring the record highs of 2001.

2023 278
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How Remote Working Is Impacting Office Valuations Across Big Cities

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A working paper from NYU and Columbia University researchers shows that the value of New York City’s office buildings fell by one-third during 2020. . Now, a new report shows that current trends towards remote and hybrid working could lead to offices losing $500 billion from pre-pandemic values by 2029. .

2020 246
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What Is a Credit Freeze, and Should I Do It?

Success

However, knowing what a credit freeze is and taking advantage of it can help protect you and your finances. million reports of identity theft. When you apply for credit, lenders typically pull your credit report to decide if and how much to give you. Credit freezes restrict access to your credit report.

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Offices In The US Are Half-Empty, Which May Impact Banks

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CNN Business reports that the average occupancy of offices in the US is lagging behind pre-pandemic numbers, hovering below 50% of March 2020 levels. Hybrid and remote work continues to be a dominant force in America, leaving building owners with the challenge of reduced rental income.

2008 246
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Elon Musk Wants To Increase Twitter’s Annual Revenue To $26.4 Billion In 2028

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The report reveals that advertising will fall to 45% of total revenue once Musk owns the company, a 90% decrease from 2020. Tesla’s CEO also increased his financing commitment to $27.25 A pitch deck presented by Elon Musk to investors reveals that the billionaire hopes to boost Twitter’s annual revenue to $26.4 billion. .

2025 246
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This Firms Claim They’ve Mastered The Four-day Work Week

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Edinburgh-based food and drink marketing agency Lux decided to test a four-day working week back in January 2020. . To keep up with client workloads, Lux implemented an alternate shift pattern with some employees working Monday to Thursday, while others worked Tuesday to Friday. . s annual carbon footprint by 127 metric tons. .