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The Changing Nature of Work

From virtual offices to essential workers, explore how companies are adapting to changes in the way we work. Content in this collection may include topics such as the pandemic’s impact on employment (layoffs, hiring freezes, etc.), the shift to remote working and digital workplaces, how planned events and conferences have been affected, and how business models are adapting to the new realities of life amid a global pandemic.

Uber sees slowest recovery of ride business in home U.S. market, deliveries more than double

Uber sees slowest recovery of ride business in home U.S. market, deliveries more than double

By: Tina Bellon, Akanksha Rana
Source: Reuters
Date of Publication: November 6th, 2020
Uber Technologies Inc said on Thursday demand for its food-delivery service exploded in the latest quarter, but recovery in its global rides business is being held back by its most important market, the United States.
TAGS:
Deliveries
Financial losses
Food
Quarterly reports
Recovery
Hershey reinstates full-year outlook after Halloween playbook pays off

Hershey reinstates full-year outlook after Halloween playbook pays off

By: Siddharth Cavale
Source: Reuters
Date of Publication: November 6th, 2020
Hershey Co HSY.N beat profit and sales estimates and reinstated its full-year financial forecasts on Friday, after early promotions and strong use of data to predict Halloween trends paid off in the third quarter, sending its shares up 3%.
TAGS:
Quarterly reports
Recovery
Sales
Walmart to sell operations in recession-hit Argentina, taking $1 billion hit

Walmart to sell operations in recession-hit Argentina, taking $1 billion hit

By: Adam Jourdan, Eliana Raszewski
Source: Reuters
Date of Publication: November 6th, 2020
Walmart Inc, the world’s largest retailer, said on Friday it was selling its retail operations in Argentina to South American supermarket chain owner Grupo de Narváez, pulling back as the country grapples with an economic crisis.
TAGS:
Economic impact
Store closing
Southwest Airlines issues first furlough notices as talks with unions stall

Southwest Airlines issues first furlough notices as talks with unions stall

By: Tracy Rucinski
Source: Reuters
Date of Publication: November 6th, 2020
Southwest Airlines LUV.N said on Friday it has sent notices of potential furloughs to 42 parts inventory workers after talks with one union group stalled over pay cuts the airline argues it needs from all employees to offset $1 billion in overstaffing costs.
TAGS:
Airlines
Financial losses
Furloughs
Unions
Homebound workers inject life into suburban malls after downtowns empty out

Homebound workers inject life into suburban malls after downtowns empty out

By: Nichola Saminather, Victoria Waldersee
Source: Reuters
Date of Publication: November 8th, 2020
As the coronavirus pandemic rages and most downtown office employees in many cities work from home at least through year-end, urban retailers’ loss is turning out to be suburban shopping centres’ gain.
TAGS:
Growth
Malls
Shopping
Amazon expands in Brazil, riding e-commerce boom set off by COVID-19 distancing

Amazon expands in Brazil, riding e-commerce boom set off by COVID-19 distancing

By: Aluisio Alves
Source: Reuters
Date of Publication: November 8th, 2020
Amazon AMZN.O said on Monday it had opened three more logistics centers in Brazil to take advantage of the boost the COVID-19 pandemic has given to e-commerce in South America's largest economy.
TAGS:
E-commerce
Growth
Online shopping
Mazda posts second-quarter loss, but helped by rebound in North America sales

Mazda posts second-quarter loss, but helped by rebound in North America sales

Source: Reuters
Date of Publication: November 9th, 2020
Mazda Motor Corp on Thursday posted a 7.59 billion yen ($73.4 million) operating loss in the three months ended Sept 30 as sales contracted amid the coronavirus pandemic.
TAGS:
Financial losses
Quarterly reports
Pandemic takes center stage in holiday shopping ad campaigns

Pandemic takes center stage in holiday shopping ad campaigns

By: Sheila Dang
Source: Reuters
Date of Publication: November 9th, 2020
After spending the summer convincing consumers to take socially distanced breaks from grim reality, advertisers are now returning to the pandemic as the central focus in holiday shopping campaigns launching this month.
TAGS:
Holidays
Marketing
United Airlines to add more flights to meet Thanksgiving surge

United Airlines to add more flights to meet Thanksgiving surge

Source: Reuters
Date of Publication: November 9th, 2020
U.S. air carrier United Airlines UAL.O said on Monday it expects the Thanksgiving holiday week to be its busiest since March and is adding more than 1,400 domestic flights to cater to the surge.
TAGS:
Airlines
Holidays
Travel
McDonald's launches new growth strategy; beats profit estimates

McDonald's launches new growth strategy; beats profit estimates

Source: Reuters
Date of Publication: November 9th, 2020
McDonald's Corp MCD.N said on Monday it would test a loyalty program for customers and launch a new crispy chicken sandwich next year as it refocuses its long-term strategy to look beyond the COVID-19 pandemic.
TAGS:
Customers
Loyalty
Recovery
Strategy
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  • The Changing Nature of Work COVID-19

    The Changing Nature of Work

    From virtual offices to essential workers, explore how companies are adapting to changes in the way we work.
    Read More
  • Business on the Front Lines COVID-19

    Business on the Front Lines

    News and perspectives from corporations rising to the challenge of the COVID-19 public health crisis.
    Read More
  • Leading in a Crisis COVID-19.

    Leading in a Crisis

    Uncertainty can be disorienting and disruptive. Learn from business leaders about what it’s like to navigate their organizations and people through a global pandemic.
    Read More
  • Service and Community COVID-19

    Service and Community

    We’re in this together. Discover ways corporations are serving their communities and pivoting to become essential services.
    Read More