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Technology Firms Are Seeing More Layoffs Today Than In 2020

Allwork

“For the big companies, it’s reasonable to assume that the rising tide that has been floating their boats for the past 15 years is just now a lot choppier,” said Jo-Ellen Pozner, an assistant professor of management at Santa Clara University’s Leavey School of Business. .

2020 147
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U.S. Employee Engagement Plummets to 11-Year Low

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The record-high percentage of engaged employees was recorded in 2020, at 36%. However, some organizations have managed to avoid this trend. The data, published by Gallup , shows the decline represents a loss of 4.8 million engaged employees. This marks the lowest engagement rate since 2013. companies this year.

2024 271
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New Study Shows Managers Are Changing Their Minds About The Hybrid Work Model

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A recent study at the University of Birmingham found that 52% of managers agreed that working from home improves concentration, 60% said it improves productivity, and 63% stated it increases motivation. Another key finding from the study is that managers are becoming more aware of the challenges of remote and flexible working.

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Hybrid Work Boosts American Worker Efficiency

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in the third quarter of 2023, marking the fastest growth since the third quarter of 2020 and the first two consecutive quarters of productivity growth in nearly three years. This increase in productivity also follows five consecutive quarters of decline. According to the most recent Bureau of Labor Statistics report , U.S.

2024 255
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Why (and How) to Help Your Team Self-Manage in the Future of Work

Success

A 2020 study of 28 companies revealed that 100% of organizations with decentralized management structures experienced positive market-cap growth, while only 33% of companies with traditional structures could say the same. Building self-management skills in your team. When done right, people find more purpose in their work.

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Spotify CFO to Step Down Next Year

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These changes are not just about managing the present but are also geared towards preparing for future challenges and opportunities in the coming year. Vogel’s departure is part of a broader reorganization within Spotify, focusing on cost-cutting and downscaling operations. This comes after a period of company-wide expansion.

2024 147
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Coworking Demand Is “High, Yet Sustainable” Looking Into The New Year

Allwork

While this doesn’t negate the plenty of leaders who have been eager for a full-office return since April of 2020, it does show that many industries are ready to embrace a hybrid workplace. . No doubt, upgrades that create a more user-friendly environment — without burning through cash — will be a focus for operators in the coming years. .

2020 303