Tech layoffs: High-growth startups are shedding jobs... again
Tech startups are cutting back Bird, the company most famous for its electric scooters and bikes, is laying off 23% of its workforce this week according to an internal memo . With 572 employees as o...
Overstaffed: Amazon and Walmart have a surprising problem
Overstaffed We've made a number of charts in recent months about how tight the labor market is and how hard it's been for companies to get enough workers. So it was a bit of a shock this week to hear...
A bit of both: Most employees want hybrid work
The future of work Every week new tensions crop up at companies — big and small — all around the world over one key question: what's the right balance between fully in-office and fully at-home for em...
CEO pay: Zooming out over the last 50 years
The bigger picture Aside from the big individual stories this week, the debate on CEO pay, and inequality more generally, is likely to intensify as inflation squeezes the cost of living for workers —...
Corporate leaders: Visualizing CEO pay in America
The median pay package for the CEOs of America's largest public companies rose an inflation-busting 12% last year according to analysis of more than 400 companies from the Wall Street Journal , with...
The triple peak day: Some of us just can't stop working late
Do you ever find yourself logging back onto work late at night? Just for one crucial email or message that needs to get sent? If so, rest assured, you're not alone. The Triple Peak By counting keybo...
The productivity gap: Workers are more efficient, but wages haven't kept up
Yesterday the media got to run its latest monthly ritual; reporting on the US inflation data that, once again, hit a new high — this time with consumer prices rising 8.5% relative to this time last ye...
Unions: The first Starbucks has just unionized, will others follow?
Starbucks workers at an outlet in Buffalo, New York, have voted to unionize — which is the first time a union has won the right to represent Starbucks workers in the company's history. Another store v...
Amazon's elves: Amazon is hiring a small army of seasonal workers, as it does every year
At the end of last year Amazon reported that it employed almost 1.3 million people, with rougly 950,000 employees in the US alone. That means that roughly 1 in every 150 American workers get a paychec...
Quitters: 3% of the American workforce quit in August
Almost 3% of the American workforce, around 4.3 million people, said "I quit" in August — a record high. In the leisure sector specifically, that number was more like 6% of the workforce. Job buffet ...
Jobs, jobs, jobs: Employers are struggling to find staff
The job buffet There has never been a better time to look for a new job in the US — with more than 10.9 million job openings as of the latest count from the Bureau of Labor Statistics. That's the hig...
Can't get the staff: There are 10 million unfilled jobs in the US, a record high
There are now more than 10 million job vacancies going in the US, a record high as managers and businesses continue to struggle to fill positions. Can't get the staff Companies have been using highe...
I quit: 4 million Americans quit their jobs in April, almost twice the number from a year ago
Recent polls reported on by Axios revealed that anywhere from 25-40% of Americans were thinking about quitting their jobs — and in April 4 million of them seemingly acted on that urge. That's almost d...
Digital nomads: Work from home becomes work from anywhere
The pandemic has upended the way of working for millions of people that are fortunate enough to be able to work from home. For some people that's meant a full transition to WFH, for others it may mean...
The fast food landscape: McDonald's is raising wages, will more fast food chains follow?
This week McDonald's announced plans to raise wages by around 10% for more than 36,000 workers who work in its company-owned restaurants (not franchises). This is a big deal for McDonald's, which has ...
Amazon's army: Amazon now has 1.3 million employees, we explore how that has grown over time
Jeff Bezos has written his final shareholder letter as CEO of Amazon, the e-commerce company he started in 1995. Although he discusses the business, a significant focus of the letter is Amazon's emplo...
Jobless claims: The US economy seems to be heading in the right direction, even if we're a long way from normal
There was some good news for the US economy yesterday as weekly unemployment claims fell to their lowest level since the pandemic started. All told some 576,000 people filed for unemployment claims la...
Hiring Prince Harry: Why it's a smart move for a startup
Prince Harry has a new job . He is set to become the chief impact officer at mental health and coaching startup BetterUp. For BetterUp, this is a genius appointment even if you ignore Prince Harry's f...
Nokia: We chart the rise and fall of Nokia — once king of mobile phones
This week Finnish technology company Nokia, once the world's largest manufacturer of mobile phones, announced they were cutting up to 10,000 jobs from its 90,000 strong workforce. For Nokia this is th...
Women in the workforce: We explore 70 years of US data
Monday was International Women's Day. To celebrate the day we've dug out the data on women in the workforce, to see how things have changed in the last 70 years. The data reveals just how big of a gap...