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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.

Clorox ad spend

Clorox boosts ad spending 30% amid surging demand for cleaning brands

By: Robert Williams
Source: Marketing Dive
Date of Publication: November 4th, 2020
Clorox increased spending on advertising by 30% to $179 million in the September quarter from a year earlier amid rising demand for cleaning supplies during the pandemic, according to a CNBC report.
TAGS:
Advertising
Chief Executive Officer (CEO)
Cleaning products
Demand
Digital marketing
Marketing
fedex-is-upgrading-its-tech-for-a-holiday-season-in-pandemic-times

FedEx is upgrading its tech for a holiday season in pandemic times

By: Rob Pegoraro
Source: Fast Company
Date of Publication: November 4th, 2020
With people depending on deliveries more than ever, FedEx is calling in robots and adopting other gadgets to efficiently get packages where they’re going.
TAGS:
Deliveries
Drones
Holidays
Robots
Technology
Wendy's breakfast

Wendy’s breakfast nabs new customers as pandemic pushes consumers to break habits

By: Amelia Lucas
Source: CNBC
Date of Publication: November 4th, 2020
The coronavirus pandemic has upset consumers’ usual breakfast habits, leading fast-food restaurants and coffee chains to miss out on early morning sales.
TAGS:
Fast-food
Financial losses
Restaurants
Revenues
Nike to cut 700 jobs at its Oregon headquarters by 2021 _ Fox Business

Nike to cut 700 jobs at its Oregon headquarters by 2021

By: Lucas Manfredi
Source: Fox Business
Date of Publication: November 2nd, 2020
Kristen Lupo, Nike's vice president of Total Rewards, said in the statement that bumping rights will not be available for affected employees and that those not represented by a labor organization will be notified directly.
TAGS:
Financial losses
Job cuts
Job losses
Layoffs
Sales
Here's how stores are changing Black Friday for the pandemic

Here's how stores are changing Black Friday for the pandemic

By: Jordan Valinsky
Source: CNN Business
Date of Publication: October 31st, 2020
Black Friday is officially Black November. Also parts of October. And December, too.
TAGS:
Holidays
Shopping
Sales
Stores
U.S. cruise industry will extend suspension through December 31

U.S. cruise industry will extend suspension through December 31

Source: Reuters
Date of Publication: November 3rd, 2020
The cruise industry will extend its suspension of U.S. cruise operations through Dec. 31, an industry group that represents 95% of global ocean-going cruise capacity said on Tuesday.
TAGS:
Cruises
Shutdowns
Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

Saudi Aramco third-quarter profit slumps 44.6% as pandemic chokes demand

By: Hadeel Al Sayegh, Rania El Gamal
Source: Reuters
Date of Publication: November 3rd, 2020
Saudi Arabian state oil giant Aramco 2222.SE on Tuesday reported a 44.6% drop in third-quarter net profit as the coronavirus crisis continued to choke demand and weigh on crude prices.
TAGS:
Demand
Oil
Quarterly reports
Lack of passenger flights squeezes air freight capacity in peak season

Lack of passenger flights squeezes air freight capacity in peak season

By: Jamie Freed
Source: Reuters
Date of Publication: November 2nd, 2020
A sharp fall in passenger flights due to the coronavirus pandemic combined with rising e-commerce demand is setting the stage for tight capacity and a renewed rise in air freight rates heading into the peak Christmas season.
TAGS:
Demand
Shipping
Travel
U.S. COVID-19 economy has delivered luxury houses for some, evictions for others

The great divergence: U.S. COVID-19 economy has delivered luxury houses for some, evictions for others

By: Michelle Conlin
Source: Reuters
Date of Publication: October 31st, 2020
Professionals are thriving, thanks in part to pandemic-induced policies by the Federal Reserve that have buoyed the stock market and fueled industries such as real estate with record-low interest rates. For many lower-wage workers, meanwhile, the crisis has delivered a cruel shove, toppling families who were already living on the financial edge. Economists call this phenomenon a “K-shaped” recovery, in which those on the top continue to climb upward while those on the bottom see their prospects worsen.
TAGS:
Recovery
Chevron, Exxon shrink spending as coronavirus cuts demand

Chevron, Exxon shrink spending as coronavirus cuts demand

By: Jennifer Hiller, Arathy S Nair, Shariq Khan
Source: Reuters
Date of Publication: October 30th, 2020
U.S. oil majors Chevron Corp and Exxon Mobil Corp cut spending aggressively in the third quarter in a race to offset weak trends in fuel demand caused by the COVID-19 pandemic, though the former managed a slim profit.
TAGS:
Profits
Quarterly reports
Spending cuts
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Browse Collections

  • 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