Fri.Oct 25, 2024

article thumbnail

Wells Fargo CEO Says Bank May Lose $3B On Office Loans

Allwork

Wells Fargo Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its commercial real estate office loan portfolio. “We’ve reserved for all of it, so the balance sheet is de-risked, but it’s going to play out over three, four years,” Scharf said at an event. He added that commercial real estate is performing very well overall, adding that concerns about the industry are decreasing as interest rates decline.

2016 251
article thumbnail

6 Steps to Applying Human Sustainability at Your Workplace

Success

In a world where business success depends not only on financial performance but on the health and happiness of its workforce, human sustainability has emerged as a key priority. The term refers to creating an environment where employees can thrive, both personally and professionally, without burning out or feeling undervalued. With increasing recognition of the link between employee well-being and long-term business success, leaders are under pressure to put their people at the heart of company

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Upwork Slashes 21% Of Its Workforce

Allwork

Upwork, the Bay Area tech firm connecting freelancers with jobs, is laying off 21% of its workforce, affecting at least 160 employees based on its reported 800 staff at the end of 2023. The announcement came via a news release and SEC filing on Wednesday, alongside a WARN notice filed in California as required for mass layoffs. The WARN notice detailed 67 layoffs at Upwork’s Palo Alto office, including eight vice presidents and several directors and managers, with separations planned for Decembe

2023 228
article thumbnail

Getting Unstuck: Erica Rooney Dispels the Limiting Beliefs That Hold Us Back

Success

“Undeniable”—that’s the message Erica Anderson Rooney has been known to carry on her wrist. It takes the form of a handmade friendship bracelet inspired by her daughter and the bracelet-making trend that Taylor Swift fans have ignited. Both the bracelet and the one-word mantra are emblematic of Rooney, who is simultaneously driven and down-to-earth in her roles as a human resources executive, keynote speaker, podcaster, career advancement coach, consultant and mother of two.

article thumbnail

Best Practices to Streamline Compensation Management: A Foundation for Growth

Speaker: Joe Sharpe and James Carlson

Payroll optimization can be one of the most time-consuming and complex factors of small business management. Yet, organizations that crack the code on streamlining employee compensation often discover innovative avenues for growth. With the right strategies in place, outsourcing and streamlining payroll processes can result in substantial time and resource savings.

article thumbnail

58% Of U.S. Workers Check In While On Vacation

Allwork

A recent LinkedIn Workforce Confidence survey reveals that two-thirds of U.S. employees feel they “work to live.” This sentiment is particularly strong among finance professionals, researchers, program/project managers, administrative workers, and legal professionals. Despite claiming they don’t “live to work,” however, many employees struggle to disconnect during their time off.

Legal 173
article thumbnail

Channeling the Winning Spirit

Success

Kira Dixon grew up in the Miss Congeniality era, when young girls of her age dreamed of glittering crowns and pageant gowns. After fulfilling her childhood dream by winning Miss America 2015 , she set out to carve a new path, transitioning from pageant queen to a prominent figure in golf journalism. Her story serves as a testament to personal growth, showcasing how she overcame challenges, embraced opportunities and made a name for herself in sports media—including her role at the Paris Olympics

2015 201

More Trending

article thumbnail

Episode 558: Chris Bailey Talks About Hyperfocus, Meditation, and Attention Management

Productivityist

In this Flashback Friday episode, I reconnect with Chris Bailey , with a conversation centering on his book, Hyperfocus. We dive into the lessons he learned since the release of Hyperfocus and explore his approach to managing distractions and cultivating deep focus in a world full of noise. Chris also shares his thoughts on how meditation can enhance our ability to stay on track, drawing from his personal experiences and extensive research.

article thumbnail

Don’t overreach with arbitration agreements

BMT Office Administration

We’ve already seen Disney’s mistake when it tried to muscle a grieving family into arbitration. Disney backed down. Uber—which, like a lot of companies these days, requires service providers to sign arbitration agreements—did not and was slapped back by a federal trial court. Uber doesn’t get a lift The facts aren’t difficult to follow: In 2018, Uber discovered one of its drivers had a 16-year-old criminal conviction and revoked his permission to work as driver.