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Luxury fashion brand Burberry is preparing to cut up to 1,700 jobs worldwide as it contends with declining profits and ongoing trade tensions, particularly linked to tariffs introduced under former U.S. President Donald Trump, according to Supply Chain Brain. The planned job cutsimpacting nearly one-fifth of the companys workforceare part of a cost-saving effort expected to reduce expenses by approximately 100 million ($133 million) by 2027.
Chinese worker Liu Shengzun lost two jobs in just one month as U.S. import tariffs shot up to triple digits in April, forcing a Guangdong lighting products factory, and then a footwear maker, to reduce output. Tariffs came down dramatically this week, but Liu has given up on factory jobs and is now back farming in his hometown in southern China. “It’s been extremely difficult this year to find steady employment,” said the 42-year-old, who used to earn 5,000 – 6,000 yuan (
A growing gap appears to be emerging between how young professionals view their skills and how company leaders perceive them. According to LinkedIns latest Executive Confidence survey , only one in three executives believe entry-level employees have untapped potential thats not being fully used in their current roles. But early-career workers, especially Gen Z professionals, tell a different story.
AI avatars offer HR a safe way to rehearse tough conversations like feedback, conflict, and layoffs. Simulated dialogues help build real-world empathy, adaptability, and communication fluency. These tools provide on-demand, judgment-free training for emotionally complex workplace scenarios. For HR professionals, few responsibilities are more demanding than managing emotionally charged conversations.
Generative AI is rapidly automating knowledge work, and CEOs need to act now or risk falling behind. Employees who explore and learn AI tools on their own often adopt faster than top-down strategies allow. Fear and confusion among workers are major barriers, so strong leadership and proper training are essential We are standing at a historic inflection point.
Germanys coworking industry is bouncing back, showing signs of resilience and growing sophistication, according to Coworking Europe. After years of disruption from COVID-19 and geopolitical instability, over half of German coworking operators now describe their business outlook as good, which is a major leap from just 46% in 2024 and 29% in 2021. The sector appears to be settling into a more stable rhythm, placing it in the middle of global performance rankings.
Workplace distractions cost employees up to 10 hours per week reducing productivity and increasing stress. Strategic workspace design and structured workflows help minimize interruptions and improve focus. Businesses that prioritize focus-friendly environments experience higher productivity, innovation, and talent retention. Constant interruptions at work have become the norm.
Global employee engagement has dropped to 21%, costing $438B in lost productivity despite AI advancements. AI offers potential to enhance work, but without strong leadership and culture, it risks deepening workplace disconnection. Trust, recognition, and human connection remain key to performance technology must support, not replace, these fundamentals.
The language-learning giant Duolingo is now putting artificial intelligence at the core of its operations. In a message to employees, CEO Luis von Ahn explained that they will begin cutting back on contractor work when AI can handle the same tasks effectively, according to The Verge. From now on, using AI will play a key role in hiring, performance reviews, and decisions about growing teams.
Marriott International has just announced it is acquiring CitizenM, a unique lifestyle brand that combines select-service hotels with coworking environments. The deal, valued at $355 million, will see Marriott take ownership of CitizenM’s intellectual property and franchise the brands hotels, according to Coworking Europe. With 36 hotels in over 20 cities, CitizenM has carved out a niche catering to modern, mobile professionals.
All American exports to China worth $140.7 billion last year now face a retaliatory Chinese tariff of at least 125%, putting at risk hundreds of thousands of American jobs that support the exports, the US-China Business Council said on Tuesday. China imposed a 125% tariff rate on U.S. exports on April 11 to retaliate against a 145% tariff that the U.S. government levied on Chinese goods, in an unprecedented escalating trade war between the world’s two largest economies that threaten to den
U.S. accounting firms including RSM US, Moss Adams, Bain Capital-backed Sikich and Apax Partners-backed CohnReznick are expanding their operations in India to tackle an acute shortage of accountants at home. The surge in recruitment has started boosting enrolment in specialised commerce courses in India, and could establish Asia’s No. 3 economy as a hub for accounting talent, reminiscent of the 90s outsourcing boom that revolutionised the tech industry. “This could be the breakthroug
LinkedIn has made a significant investment in Silicon Valley real estate, purchasing a 120,000-square-foot building in Sunnyvale, California, for $74 million, according to CoStar. The deal signals a renewed confidence in the region’s office market, which is still navigating a post-pandemic recovery. The newly acquired property at 1022 W. Maude Ave. was previously owned by chip design software company Synopsys.
After a sluggish 2024, Miamis office market is showing renewed signs of life, closing out the first quarter of 2025 with a surge in leasing activity and rising rental rates. According to new data from Cushman & Wakefield, the city recorded more than 580,000 square feet of new leases in the first three months of the year its strongest quarterly performance since late 2023.
Envoys interactive and customizable dashboards help optimize workplaces and maximize their spaces. The platform provides data-driven insights to improve space utilization and employee experience. Automated reports with data compiled from multiple sources save businesses time, improve efficiency, and support smarter, faster decisions. As more businesses adopt hybrid work models, the need for smarter, data-driven workplace decisions has never been more critical.
Executive functioning skills are key to workplace success but can be challenging for neurodivergent individuals. Companies can mirror college support systems to help neurodivergent employees succeed in the workplace. Addressing executive functioning needs boosts neurodivergent employees’ strengths and drives innovation. This article was written by Eledex Coaching & Consulting s Kelly Coln for Work Design Magazine.
Despite the introduction of Minimum Energy Efficiency Standards (MEES) in April 2023, more than 13,000 commercial properties in England and Wales still have an Energy Performance Certificate (EPC) rating of F or G. These properties are prohibited from being leased under the new rules, which aim to improve energy efficiency in the sector, according to Edie.
As many as 84% of Gen Z workers admitted they stream shows and movies while working from home, according to a new survey. Although theres a case to be made that remote work can be unproductive, some human resource leaders argue its just white noise for Gen Z workers and they can still be productive while streaming. While it may be tempting to want to catch younger workers faking their time spent on the clock, HR leaders urge employers to understand and accommodate this behavioral shift.
A radar sensor helps businesses understand office space usage and make smarter real estate decisions. It offers real-time data on occupancy and environmental conditions without compromising privacy. The technology could revolutionize office management in hybrid work environments by reducing wasted space. Understanding space usage has become one of the biggest challenges for businesses managing hybrid work environments, as underutilized office space is costly.
The rise of borderless talent markets could significantly transform work practices and organizational cultures as companies compete to attract and retain top talent. Borderless talent markets offer considerable business opportunities and challenges, necessitating a solution-based approach to global talent acquisition. Organizations should regularly review and improve their recruitment strategies, company culture, and policies (alongside investing in advanced technology) to effectively manage a g
Brazil’s unemployment rate rose in the quarter through February as more people actively looked for jobs, official data showed on Friday, with analysts pointing to a still tight labor market as job creation last month exceeded forecasts. Unemployment in Latin America’s largest economy hit 6.8% in the three months through February, statistics agency IBGE said, up from the 6.1% registered in the previous rolling quarter and matching economists’ expectations in a Reuters poll.
Remote work is here to stay, requiring a shift in how teams are managed and trusted to deliver results. AI isnt replacing jobs, but enhancing them; businesses not using AI risk falling behind. The workplace is changing, blending remote work with AI-driven tasks for greater efficiency and competitiveness. This article is based on the Allwork.Space Future of Work Podcast episode featuring Liam Martin, Co-Organizer of Running Remote, Co-Founder of Time Doctor, and author of the Wall Street Journal
Negative feedback is part of coworking spaces, but taking time to listen and validate member frustrations helps create an open, respectful environment. Complaints often point to deeper issues. Addressing the root causes leads to more lasting, effective solutions. Feedback offers an opportunity to refine the coworking experience, creating a better space for everyone. “The internet is so slow here, its impossible to get any work done.” “Im constantly distracted by the noise.
Quiet vacationing reflects a shift towards work-life integration, where employees have more control over when and where they work, while still delivering results. Its part of a broader movement that includes quiet quitting and the Great Resignation, signaling a desire for better work conditions and boundaries. Managers should focus on outcomes and trust employees to manage their time, rather than micromanage their location.
Wellness-centered office design boosts morale, attracts talent, and fosters a culture of support. Balancing collaborative and focused workspaces helps meet diverse employee needs, improving productivity and creativity. Dedicated wellness spaces, like fitness centers and tech-free zones, promote physical and mental well-being, enhancing employee satisfaction.
Tens of thousands of JPMorgan Chase software engineers increased their productivity 10% to 20% by using a coding assistant tool developed by the bank, its global chief information officer Lori Beer said. The gains present “a great opportunity” for the lender to assign its engineers to other projects, Beer told Reuters ahead of DevUp, an internal conference hosted by JPMorgan, bringing together its top engineers in India this year.
Many of Japan’s biggest companies from tech conglomerates to Toyota have met union demands for substantial wage hikes for a third consecutive year, seeking to help workers cope with inflation and retain staff amid labour shortages. As annual “shunto” or “spring labour offensive” negotiations at top firms concluded on Wednesday, electronics conglomerate Hitachi said it had agreed to a record 6.2% increase in monthly wages in line with union demands.
GE Aerospace said on Wednesday it would invest nearly $1 billion in its U.S. factories and supply chain in 2025, as it works to strengthen its manufacturing and increase the adoption of new technology and parts. The aerospace giant’s latest investment, which is almost double from last year, comes amid a strong travel environment that has led to robust demand for its engines and spare parts. “Investing in manufacturing and innovation is more critical than ever for the future of our in
Major companies such as Amazon and Google on Wednesday signed a pledge to support the goal of at least tripling the world’s nuclear energy capacity by 2050, on the sidelines of the CERAWeek conference in Houston. Shale company Occidental and Japanese heavy machinery maker IHI Corp <7013.T> also added their names to the pledge. “We are truly at the beginning of a new industry,” U.S.
Disney is planning to reduce headcount by roughly 6% of the total workforce of ABC News Group and Disney Entertainment Networks, a person familiar with the matter said on Tuesday, as the entertainment giant grapples with declining TV audience. The layoffs, which would affect less than 200 staff across both the units, are expected to be announced as early as Wednesday with a majority of the impact on ABC News, the person said, requesting anonymity as the matter is confidential.
Goldman Sachs plans to trim its staffing by 3% to 5% in an annual performance review process this spring, said a source familiar with the matter who declined to be identified discussing personnel matters. That would equate to more than 1,395 job cuts from the bank’s global workforce of 46,500 at the end of December. The last time the Wall Street firm conducted a similar review in September, it made smaller reductions. “This is part of our normal, annual talent management process,R
A $13 billion “hyperscale” data centre in North East England proposed by U.S. private equity group Blackstone has been given the green light to go ahead by council planners. Northumberland County Council said on Tuesday that the proposals have been granted planning permission after a unanimous vote in favour of the application. Northumberland County Council said the data centre campus will represent an investment of up to 10 billion pounds and span some 540,000 square metres. “
AI automates tasks like meeting transcriptions and summaries, freeing up time for strategic work. Tech platforms can streamline workflows, handling tasks like assignments and content creation. AI-powered email management helps prioritize messages and automate responses, reducing administrative work. Will AI steal your job? Its possible, but its actually up to you.
The U.S. office market is continuing to face challenges in early 2025, with the rise of remote and hybrid work models reshaping the way we think about office space. After a rocky 2024, office sale prices took another hit, dropping 11%, and have plummeted by 37% since 2019, according to Commercial Edge. With vacancies climbing and construction projects slowing to a crawl, the office markets future is still uncertain.
UltraSoftBIS , an all-in-one integrated software solution for operators of coworking spaces, flexible workspaces and more, is pleased to announce the successful implementation of a bespoke API integration with Access Financial Management Software. The integration has already begun delivering impressive results, enhancing the financial operations and boosting overall efficiency for flexible workplace operators.
U.S. companies have initiated layoffs across sectors as they attempt to streamline operations amid economic uncertainties, following similar cutbacks seen last year. The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS report, from early February showed vacancies were down 1.3 million over the year at the end of December, while remaining above the 2019 average, suggesting that the labor market was slowing down but not abruptly.
British factories cut staff at the fastest pace in nearly five years last month as the government’s payroll tax increase began to push up their costs and demand at home and abroad was weak, a survey showed on Monday. But manufacturers also turned the most positive in six months as they hoped for a pick-up in the economy. The S&P Global Purchasing Managers’ Index for UK manufacturing remained below the 50.0 threshold that divides growth from contraction for a fifth month in a row,
Gallups latest study confirms that followers in every corner of the globe need trust, compassion and stability from their leaders, but above all, they need hope. And, if leaders deliver what followers need, they can improve others wellbeing and reduce their suffering. These and other findings are presented in Gallups new Global Leadership Report: What Followers Want, launched at the World Governments Summit 2025.
Big news for all coworking operators, community managers, and workspace teams! The Nexudus Academy is hereyour one-stop training hub to master the Nexudus platform and take your coworking space to the next level. ? Technology moves fast, and so does coworking. Whether youre bringing in new team members or looking to sharpen your skills, learning is key to staying ahead.
Yardi Kube is excited to announce the launch of its newly upgraded Prospect Portal , delivering a more intuitive, visually engaging, and seamless experience for both prospective members and coworking operators. This significant update enhances usability, functionality, and aesthetics, streamlining the member signup process and empowering operators with advanced tools for managing their spaces.
The majority (70%) of U.S. workers who are fully remote or in a hybrid arrangement said they are very likely or somewhat likely to seek alternative employment if they are required to return to the office (RTO) full time (at least 30 hours per week) at their current salary, according to a new FTI Consulting, Inc. (NYSE: FCN) survey. The survey was conducted by Southpaw Insights for FTI Consultings Real Estate Solutions practice among 1,000 people who worked in a corporate office setting or home o
Mercedes-Benz is cutting 10-15% of sales and finance jobs in China and plans to reduce costs for office-based roles by a quarter in the country by 2027, a person with direct knowledge of the matter said. The roughly 2,000 people working in research and development at Mercedes-Benz China will be unaffected by the cuts, the source added, in a sign that the carmaker is focusing heavily on adapting its products to the Chinese market where it faces a growing pool of domestic rivals.
Imposter syndrome affects 82% of people, leading to self-doubt and overwork. Burnout is an epidemic, impacting 76% of employees, causing exhaustion and disengagement. Experts recommend adopting a “humble realist” mindset, taking proper rest, and scheduling focused work time to address these issues. When youre at work, one moment you can feel fired up about your job, ready to take on the world.
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