This Year’s Large-Scale Layoffs and Their Companies

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According to the Washington Post, some of the deepest cuts have occurred in the tech and media sectors such as Microsoft, Amazon, Salesforce, HP, and the parent companies of Google and Facebook. Questions: Source: Mark, J., H. Shaban, A. Gregg, and J. Bogage. (2023). These are some of the notable companies laying off workers. The… Read more »

If you are part of “Generation Zalpha,” there might be an internship in your future!

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According to the New York Times, making TikTok content for brands is the hot new gig and job sites are peppering listings with ads for “TikTok content creator interns.” Questions: Source: Maheshwari, S. (2023). Wanted: Interns Who Can Make TikTok Hits. The New York Times, Feb. 12 (Retrievable at https://www.nytimes.com/2023/02/12/business/tiktok-interns.html).

Giving It All Away?

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According to the New York Times, profitable business owners in Japan cannot find successors. As a result, one model is to give the business away. Questions: Source: Dooley, B. and H. Ueno. (2023). Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away. The New York Times, Jan. 3 (Retrievable online at https://www.nytimes.com/2023/01/03/business/japan-businesses-succession.html)

Faulty Software

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Postal Fleet Services, a St. Augustine Florida company,  states that problems with the U.S. Postal Service’s mileage-tracking program have forced them to slash jobs and opened them up to trucker lawsuits in three states. Questions: How long has the company been a trucking contractor for the U.S. Postal Service? Over what period did Postal Fleet… Read more »

New York City Eviction Rates Will Soar Soon

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According to the New York Times, eviction cases are expected to soar in New York City as housing courts reopen and landlords seek to recoup income lost during the pandemic. Questions: What is the estimate of how many eviction actions will be filed in New York City’s housing courts in the coming days? In addition… Read more »

Changes everywhere – Even in Hollywood

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Shooting in Hollywood is not expected to resume until August. That leaves a vast number of people without work.  Questions: What are the time elements involved in estimates that will affect postponing shooting until August? What are some of the factors why the large majority of people in the motion picture industry are now out… Read more »

Everything Old becomes New Again

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According to the New York Times, General Motors said that it was investing $2.2 billion in a Detroit plant where it will produce all-electric trucks and sport utility vehicles, fulfilling a key promise made during last year’s union negotiations. Questions: What other efforts are afoot in Detroit to reinvigorate Detroit, the legacy center of the… Read more »

Exploitation of Migrants in France

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According to the New York Times, Parisian food-delivery couriers are exploiting desperate migrants as gig workers. Questions: What is the London-based platform similar to Uber eats? How large is the food-delivery industry in terms of Euros? Why is this exploitation and what percentage of earnings do courier brokers usually take of earnings from chat apps?… Read more »

All Lawyer’d Up and No Where to Go!

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While demand for other white-collar jobs has grown substantially since the start of the recession, law firms and corporations are finding they can make do with far fewer in-house lawyers than before, squeezing those just starting their careers. Questions: 1. What do the data show regarding new law graduates getting jobs? 2. Discuss the costs… Read more »

The Age of the Employee-less Company

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During most of the 20th century, companies bringing in the most money also employed the most people. This article looks at a new paper from the Brookings Institute about the new age of ghost companies. Questions: 1. The article mentions Walnart as one of the five largest companies in 2012 that had 100,000 people employed… Read more »