Hints and tips:
...Tech companies had been evaluating their workforces and concluding that “we’ve got a bunch of dead wood. And if we had a leaner organisation we can do more,” said Jefferies analyst Brent Thill....
...Bari Weiss pointed to Slack when she resigned from the New York Times, saying fellow workers were criticising her on the platform and posting an axe emoji next to her name in company-wide channels....
...The dangers of generalisations are pretty well demonstrated by the accompanying chart, which looks a bit like a Chelsea FC player were liquidated and dripped, Jackson Pollock-style, onto some axes for maximum...
...They can help supplement what defined benefit plans used to do,” said TIAA’s Pitney. Such programmes can boost asset managers’ revenue and reduce stress for retirees who already have pension pots....
...But this month the company behind MAC and Clinique had to take an axe to its full year’s guidance. Demand for high-end beauty products in mainland China has been slow to recover....
...Unfortunately, our final attempt to visualise it — in tranches rounded up to the nearest million, and then displayed across two, count ’em, two logarithmic axes — was also horrible: What can we glean from...
...“Private equity and hedge funds have a fiduciary responsibility to hire consultants and show that they’ve conducted due diligence....
...Instead, it is a joyous scrum of styles and materials, young designers and craftspeople and Alesch’s own exuberantly handmade and seemingly axe-hewn works....
...These members continue to exhibit similar shopping behaviour, maintaining trip frequency versus last year as well as using other forms of tender to supplement their purchases....
...The space totals 400,000 square feet spread over three floors, and will supplement the 500,000 sq ft Wells Fargo already occupies at neighbouring 30 Hudson Yards....
...Mentioned in this podcast: Disney to axe 7,000 jobs in $5.5bn cost-cutting plan UK regulator deals blow to Microsoft’s $75bn Activision deal Activision Blizzard chief: UK would lose out if it blocks Microsoft...
...an axe....
...Google’s parent company will axe 12,000 staff, pushing total tech job losses in the past 12 months above 200,000, as industry bosses concede they overextended during the pandemic’s digital boom....
...Just look at this exciting scatter chart from Goldman: And look at this even more exciting scatter chart from Morgan Stanley, which casts forward the forecasts while adding in correlations and relative...
...Trade bodies including the British Retail Consortium and the Federation of Small Businesses launched campaign group Axe the Card Tax last year, calling for the PSR to reduce card fees....
...BlackRock supplements its money management business with a chunky technology services business centred on its Aladdin risk management platform....
...Melissa Marlette, who has been a writer for about five years in a 15-year career in Hollywood, said she recently had to take a side job in retail to supplement her income....
...The talent-friendly posture Zaslav had assumed only months earlier quickly gave way to the demands of his axe-wielding chief financial officer, Gunnar Wiedenfels....
...This argument has gained traction during the energy crisis, as countries rush to supplement lost gas supplies from Russia as a result of the war on Ukraine....
...Companies that have cut back include Meta, which in November said it would axe 11,000 jobs after its earlier unwillingness to rein in expenses provoked anger on Wall Street....
...Elon Musk’s precipitate move to axe half of Twitter’s workforce, with the loss of 3,700 jobs, came days before Facebook parent Meta said it was sacking 11,000 workers, or more than one in eight....
...The axe is hanging, rather, over high-growth tech companies. This is where valuations became most stretched, and where the market is having most trouble finding its nadir....
...bank lifts bad loan provisions fivefold (FT) McDonald’s signs deal with UK equalities watchdog over sexual harassment complaints (FT) Hermès wins landmark lawsuit over ‘MetaBirkin’ NFTs (FT) Disney to axe...
...None seems to inform the grand thesis, however, which is that in a stall-speed economy a worker freed regularly from the corporate panopticon will supplement wages by busying themselves with, you know, whatever...
...David Zaslav, Warner’s chief executive, has even demonstrated a willingness to wield the axe himself on content he finds lacking....
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