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In the pursuit of speed and efficiency, many companies have aggressively trimmed layers of middle management. Chief executives like Amazon’s Andy Jassy and Meta’s Mark Zuckerberg have championed flatter organizational structures in an effort to reduce bureaucracy and spark innovation. But what looks lean on paper is proving increasingly costly at the top. Senior executives … Read more
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EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. Jana Rodenbusch | Reuters The European Union will delay implementing its first set of tariffs on goods from the U.S. until the middle of April to allow for additional time for discussions with Washington, an EU spokesperson told CNBC Thursday. “The … Read more
California Gov. Gavin Newsom holds a fireside chat with Stephen Cheung, the President and Chief Executive Officer of the Los Angeles County Economic Development Corporation (LAEDC) and its subsidiary, the World Trade Center Los Angeles (WTCLA) at the 2025 Economic Forecast and Industry Outlook convening on Wednesday, Feb. 26, 2025, at the East LA College … Read more
The Palm Jumeirah in Dubai, Dubai, United Arab Emirates Nikada | E+ | Getty Images The global trade war triggered by U.S. President Donald Trump shows no sign of abating, with tit-for-tat tariffs hammering major economies, tanking stock markets and dimming growth prospects. The economies concerned – North America, the European Union, and China – … Read more
Andy Jassy is flattening the company’s hierarchy, and it may be perfect for Gen Z in its quest to avoid managerial roles and burnout. Read More
Billionaire investor Mark Cuban waded into the latest government tech shake-up on Saturday, posting an unexpected offer of support for newly laid-off federal workers on the social network Bluesky. His message, which quickly gained traction, urged the displaced engineers and designers to turn the upheaval to their advantage. “If you worked for 18F and got … Read more
Meta has formally expanded Meta AI to the Middle East and North Africa (MENA), opening the AI-enabled chatbot to millions more people. Back in October, Meta announced it was launching Meta AI in six additional markets, including Brazil and the U.K. At the same time, the company teased gradual rollout plans for additional markets around … Read more
Taking a cue from layoffs, salaries that don’t keep up with inflation, and the burned out middle manager, Gen Zers are shrugging at becoming the next boss. Read More
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