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Bolt, the Estonian rival to Uber, is enforcing a partial return-to-office mandate for its 4,000 employees, requiring them to be in the office 12 days a month, or roughly three days a week. This comes after CEO Markus Villig criticized staff for working remotely from vacation destinations like Bali, expressing concerns over disconnect and high attrition rates, according to Fortune.
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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.
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
Payroll compliance is a cornerstone of business success, yet for small and midsize businesses, it’s becoming increasingly challenging to navigate the ever-evolving landscape of federal, state, and local regulations. Mistakes can lead to costly penalties and operational disruptions, making it essential to adopt advanced solutions that ensure accuracy and efficiency.
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
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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.
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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.
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.
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.
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