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This represents the slowest rate of job departures since 2020, according to The Wall Street Journal. According to Labor Department data, the number of quits dropped 11% compared to 2023 and plummeted 22% from a peak in 2022. While the U.S. job market remains strong, hiring activity has slowed down.
They drove out 27 CEOs last year, nearly treble the number in 2020, the firm said, citing Barclays data. Some of these pressures are particularly high in technology, where the sector is experiencing profound change due to developments such as generative AI, the report said. Activist investors have played a major role.
Since 2020, CBRE has held a 40% stake in Industrious, along with a $100 million convertible note. This new unit will integrate building operations, workplace experience, and property management, positioning CBRE to better offer future-ready solutions for offices, data centers, and other facilities.
Walmart , the worlds largest retailer, responded to pressure from some conservative activists like Robby Starbuck , and shortly after the election confirmed that they wouldnt renew its five-year commitment to the racial equity center they developed in 2020.
Chinese provinces have quietly cut tens of thousands of public sector positions since 2020, mostly through hiring reductions and attrition. Despite repeated downsizing campaigns, China’s civil service jobs swelled from 6.9 “The most pressing issue now is social stability,” said the professor.
In contrast, rental housing continues to perform well, with lower vacancy and consistent rent increases since 2020. Houston’s office availability hit 25.9% in the second quarter, according to CBRE. Nationally, office conversions are setting records. An average of 58 conversions were completed annually between 2018 and 2024.
The company confirmed on Monday that it will not renew its five-year commitment to a racial equity center, established in 2020 following the killing of George Floyd, and will also withdraw from the Human Rights Campaign’s LGBTQ+ inclusion index.
For example, a recent DDI study found that 72% of leaders feel used up at the end of the dayan increase from 60% in 2020. We just have to completely understand that leadership is tough, she says. However, workplace leaders can help facilitate greater work-life harmony for both their employees and themselves.
According to the Insurance Journal , Allstate has cut its corporate office spending from $382 million in 2020 to $138 million in 2024, signaling a clear departure from pre-pandemic office norms. “We’re building something new,” said Lauren DeYoung, Allstate’s “workplace futurist” leading the company’s workplace transition.
co-founded in 2020 that combines financial education, wealth management and tax preparation specifically for college athletes. My mother was crying on the couch. Our lives started changing after that.” Building a better solution That experience became the catalyst for Scout , a fintech company Haddix Jr.
Digital transformation has been skyrocketing since the pandemic in 2020, with digitalization increasing by an average of 6 points across the world’s advanced economies the year after. It’s easy to understand why these smaller organizations were less digitized than their larger counterparts pre-2020.
Similarly, LinkedIn bought a 120,000-square-foot facility in Sunnyvale for $75 million, and Amazon spent $456 million on a large office building in Manhattan — its first office purchase since 2020. leasing activity, up from 14.2% last year.
Without intentional onboarding and norm-setting, organizations risk bifurcating their workforce into two separate cultures: one formed pre-pandemic, the other adrift in the post-2020 vacuum.
2020 Gallup Poll ]. “If you look around with many interviews, most employers tell you we center [the] employee voice, we hear that all of the time,” says Jackson. But if you look at research, you’ve got 63% of employees reporting that their employer doesn’t care about them [ based on a Dec.
Since 2020, 311 landlord-backed sites have opened across EMEA, covering more than 600,000 square meters. Operators are adjusting by offering a wider range of solutions, from small community-based spaces to large setups ready for enterprise use. Coworking is also being included in new developments by landlords.
The PMI’s jobs measure fell to its lowest since May 2020 – early in the COVID-19 pandemic – with factories responding to a rise in their social security contributions bill by laying off temporary staff, reducing the working hours of some employees, making redundancies and not replacing leavers. in February.
Since mid-2020, approximately 209 million square feet of office space has been vacated, the highest level in recent history. While signs of stabilization are emerging, challenges persist. The vacancy rate for office spaces hovers near a record 13.8%, a significant increase from 9.4% in late 2019.
Embracing growth Gatti Tassin started documenting her own financial journey to #RichGirl status on her side hustle blog, Money with Katie , in 2020. She covers anything that intrigues her with thoughtfulness, insight and finesse. She left her marketing job at Southwest Airlines in 2021 to pursue content creation full time.
” Planned job cuts totaled 761,358 last year, the highest since 2020 when the labor market was roiled by the COVID-19 pandemic, up 5.5% . “Most employers are anticipating additional uncertainty with the upcoming administration, which is leading to slower hiring.”
Increased Profitability Companies in the top 25% for ethnic and cultural diversity were 36% more profitable than those in the bottom quarter, and when women are well represented in the C-suite, profits can be almost 50% higher, according to a 2020 McKinsey report.
In 2017, he set aside his combat boots, and in 2020, he stepped into different shoes as founder of The Attributes , where he teaches leadership workshops and delivers keynote speeches. From combat to corporate Diviney completed 13 overseas deployments—11 in Iraq and Afghanistan—and served as the officer in charge of selection.
But, by March 2020, that number skyrocketed to 58-62% of the U.S. The Remote Work Transition While remote works popularity with corporate decision makers is waning, the embrace of this work model is still much higher than in the past. Pre-pandemic, just 4.5% of the U.S. workforce worked remotely.
million megawatt-hours in 2020 to 30.8 According to Google’s latest environmental report, nearly 96% of the company’s electricity consumption in 2024 was attributed to its data centers—a figure that’s rapidly increasing. The company’s electricity use more than doubled from 14.4 million in 2024.
bank JPMorgan Chase on Friday asked its employees who are on hybrid work schedules to return to the office five days a week starting in March, an internal memo seen by Reuters showed, prompting hundreds of staff comments, including complaints. Many companies began to call staff back to the office as early as 2021.
With so many assistants innovating as we made our way through and beyond 2020, I was able to bring you specific tips, guides and checklists to help navigate those memorable times.
percent of its total office inventory built since 2020 or under construction, its vacancy rate stands at percent. Retrofitting costs for the capital are estimated at between $21.4 billion and $43.6 While London has seen a moderate influx of newer developments, with 14.5
The findings reflect similar trends in other developed economies, in which the post-pandemic return to the office has stabilised at a level well below pre-2020 norms. It suggests that while fully remote work remains uncommon, most employees now work from home one to three days per week and expect that flexibility to continue.
The research, conducted by economists from King’s College London, Stanford, the Paris School of Economics and the EBRD, examines Tempo BPO, a Turkish business process outsourcing company that moved fully remote in 2020.
This effort included its first Manhattan property acquisition since 2020 and one of the city’s biggest leases of the year. Amazon, for example, has been expanding its office presence in cities like New York to support a full five-day in-office work schedule. During the first quarter of 2025, technology companies accounted for 7.9 of all U.S.
billion on furniture between 2020 and 2022, even as the shift to remote work became widespread. According to the findings released Wednesday, 17 of the 24 federal agencies are operating at less than half capacity, with some buildings being used as little as 9%. Despite this, federal agencies spent $3.3 A separate investigation by Sen.
Qassem Soleimani in 2020, though subsequent assessments have found that those attacks did more damage than was initially thought and could easily have killed far more US troops. The hope may be that these will be limited tit-for-tat strikes like those that followed the US assassination of Gen.
After Soleimani’s killing in 2020, he said that the “neocon objective” was war with Iran and regime change but asked, “Is Iran really the greatest threat we face? In 2020, Politico reported Carlson had “established a friendship” with the president’s eldest son. By 2020, Don Jr. And who’s actually benefiting from this?”
million in 2020. Those coverage losses would more than undo the progress the US has made in reducing the ranks of the uninsured over the past few years. On Tuesday, the National Center for Health Statistics reported that the number of US adults without insurance in 2024 had fallen to 27.2 million, down from 31.6
You knew this was coming after 2020. Because in 2020, after Trump had really stocked the federal judiciary with an awful lot of FedSoc judges and justices…none of them, zero of them, helped him try to steal the election.” From [2020] forward, you began to see this drifting apart between FedSoc and MAGA. Things have changed.
Between 1998 and 2020, the alcohol industry spent a staggering $541 million on lobbying efforts, according to Movendi , with just four organizations accounting for over half of that spending. This financial firepower allows the alcohol industry to exert significant sway over policymakers and the passage of new health-focused legislation.
Once hailed as both an ethical mandate and a strategic necessity after the upheaval of 2020, corporate Diversity, Equity, and Inclusion (DEI) initiatives now face intense scrutiny and pushback. Major corporations ranging from Walmart to Google are retreating from these programs amid escalating political battles and regulatory challenges.
Trump first carved out the exemption in a 2020 executive order during his first administration, at the time calling it Schedule F. He said the order was a response to “numerous and well-documented cases of career federal employees resisting and undermining the policies and directives of their executive leadership.”
percent, fuelled by over a million square feet of leasing activity, while the West End reached its lowest vacancy level since 2020 at 3.1 The City’s vacancy rate fell sharply from 10.4 percent to 7.2 Grade A leasing was particularly strong, with 1.8 percent.
In 2020-21, the average annual salary for a young man was 24,032, compared to 23,021 for a young woman. The much-discussed gender pay gap has also been reversed among younger workers. By 2022-23, male wages had stagnated at 24,283, while female earnings had risen to 26,476a 9 percent difference.
According to the Bureau of Labor Statistics, employment in offices of mental health practitioners more than doubled, rising from approximately 123,400 in early 2020 to around 273,000 in 2025. as of May — 94% of the national average — up from 88% in early 2020. Industry data also shows that demand remains high.
The average breadth of hiring over the last 12 months is the narrowest since August 2020 and is the lowest of any Trump presidency month – excluding the early days of the pandemic – going back through his first term. That indicates slightly more industries were reducing employment than adding to it and continues a narrowing trend.
But the 2025 American right tells itself a very particular version of that general story, one that focuses on the events of summer 2020. The right’s long 2020 Philosophically speaking, the right has long been defined by its emphasis on the value of stability — as odd as it may seem in the era of Trump’s radically destabilizing administration.
This virtual conversation, hosted by TED arts and design curator Chee Pearlman and head of curation Helen Walters, was recorded June 10, 2020.) This virtual conversation, hosted by TED arts and design curator Chee Pearlman and head of curation Helen Walters, was recorded June 10, 2020.) Want to help shape TED’s shows going forward?
The Power of Place Since 2020, interest in learning about physical and mental health has grown, thanks to the popularity of health podcasts like The Huberman Lab. As HEIMAT describes, its about creating a natural setting where members can reimagine what it means to live well.
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