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Tech Sector Drives Record Layoffs in 2023

Allwork

job market, with companies planning 721,677 job cuts, a 98% increase from 2022, according to a study published by Challenger, Gray & Christmas, Inc. In 2023, many companies, especially those operating within the tech sector, were entering a cost-cutting phase. Last year was marked with major shifts in the U.S.

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AI Boom Fuels Office Leasing Surge In Tech Hubs

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A spike in artificial intelligence (AI) companies is having a positive impact on the commercial real estate markets — particularly in tech hubs around the U.S. According to a CBRE study featured by Yahoo Finance , the tech industry has reclaimed its position as the leading industry for office leasing growth in 2023, accounting for 16.5%

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Family-Centric Policies in the U.K. are Set to Benefit Working Parents in 2024

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As reported by Yahoo Finance , the legislation extends redundancy protections to those on maternity, paternity, adoption, and shared parental leave. The Act is a major game-changer for parents actively participating in the U.K.’s s workforce.

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Traders Cash In As WeWork’s Troubles Deepen

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What’s going on: Traders who made bearish bets against WeWork have profited big as the company continues to face challenges. Recently, the company announced that CEO Sandeep Mathrani is stepping down from his leadership role within the company.

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Job Seekers Losing Leverage, Pay, Flexibility As Job Market Flips

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According to an analysis of the data published by Yahoo!finance finance , the number of fully remote work opportunities is also decreasing , with only 11% of companies offering fully remote positions. It’s reported that many employers lack formal pay structures and 40% actively discourage salary discussions among employees.

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WeWork’s U.K. Demand Rises 33% Amid U.S. Bankruptcy

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and Canada in November, the company’s U.K. Ben Samuels, WeWork’s Chief Revenue Officer, reported that on-demand bookings in London increased by 33% year-over-year in November. The company is negotiating with landlords to improve costs and terms at some of its U.K. Despite WeWork’s bankruptcy filing in the U.S.

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Yahoo CEO on Local Content

Small Business Labs

Reports and Resources Intuit 2020 Research Report Todays Hobbyists are Tomorrows Hobbypreneurs Homepreneurs: A Vital Economic Force Research Brief - Small Business Credit Outlook The Economic Stimulus Package: Whats in it for Growing Businesses? Would they fit into Yahoo? Bartz: The concept of what they do, sure.

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