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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.

Zoom Again Lifts Full-Year Outlook as Sales Surge During Pandemic - WSJ

Zoom Again Lifts Full-Year Outlook as Sales Surge During Pandemic

By: Kimberly Chin
Source: The Wall Street Journal
Date of Publication: August 31st, 2020
Remote working and distance learning are fueling investor enthusiasm in the video-conferencing platform.
TAGS:
Remote learning
Remote videoconferencing
Remote work
Revenues
Stocks
Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

Coffee, ketchup and Nike Air Max: it's the COVID consumer economy

By: Nick Carey, Richa Naidu, Siddharth Cavale
Source: Reuters
Date of Publication: September 1st, 2020
Instant coffee, ketchup, Lululemon yoga pants and Nike Air Max sneakers are all in. Bottled water, pricey diapers and Burberry luxury trench coats are out.
TAGS:
Clothing
Demand
Food
Grocery stores
Shopping
Sales
Zoom shares soar; Wall Street warns of risks when pandemic eases

Zoom shares soar; Wall Street warns of risks when pandemic eases

Source: Reuters
Date of Publication: September 1st, 2020
Wall Street analysts raised price targets for Zoom Video Communications (ZM.O) on Tuesday as its shares were set to hit record highs, while warning that a return to office work could hamper its success in luring small corporate customers.
TAGS:
Investors
Stock exchange
Video conferencing
MGM Resorts to lay off 18,000 furloughed U.S. employees

MGM Resorts to lay off 18,000 furloughed U.S. employees

Source: Reuters
Date of Publication: August 28th, 2020
Casino operator MGM Resorts International (MGM.N) informed its staff on Friday it would lay off 18,000 furloughed employees in the United States as the coronavirus-induced travel curbs hurt its operations.
TAGS:
Casinos
Furloughs
Job cuts
Layoffs
United Airlines bids farewell to change fees in push for bookings

United Airlines bids farewell to change fees in push for bookings

By: Tracy Rucinski
Source: Reuters
Date of Publication: August 30th, 2020
United Airlines (UAL.O) said on Sunday it is permanently eliminating change fees on tickets for U.S. travel effective immediately, the latest effort by a U.S. airline to try to stimulate bookings hit by the coronavirus pandemic.
TAGS:
Airlines
Changes
Fees
Krogers-Blueprint-for-Businesses

Sharing What We’ve Learned: A Blueprint for Businesses

Source: Kroger
Date of Publication: July 15th, 2020
Kroger’s Blueprint for Businesses is intended to be a resource for businesses of all sizes and sectors of the economy, providing recommendations, insights, best practices and downloadable creative assets to help businesses navigate the next phase of this unprecedented pandemic.
TAGS:
Best practices
Chief Executive Officer (CEO)
Data
Grocery stores
Resources
Coca-Cola to restructure workforce, sets voluntary job cuts

Coca-Cola to restructure workforce, sets voluntary job cuts

By: Amelia Lucas
Source: CNBC
Date of Publication: August 28th, 2020
Coke’s restructuring plan comes as the company streamlines its drink portfolio to focus on larger and more popular brands. The company is forecasting that its overall global severance program will cost the company $350 million to $550 million.
TAGS:
Demand
Job cuts
https://www.cnn.com/2020/08/24/business/kfc-slogan-coronavirus-trnd/index.html

KFC suspends its 'finger lickin' good' slogan because of coronavirus

By: Jordan Valinsky
Source: CNN Business
Date of Publication: August 24th, 2020
Kentucky Fried Chicken has decided to pause using its "finger lickin' good" slogan because ... well, that's probably not the best idea right now.
TAGS:
Fast-food
Marketing
Why Wayfair’s Furniture Sales Exploded During the Pandemic _ Marker

The Pandemic Was the Best Thing That Ever Happened to Wayfair

By: Rob Walker
Source: Marker
Date of Publication: August 25th, 2020
But what happens to the online furniture retailer as the world opens back up?
TAGS:
Demand
E-commerce
Online shopping
Revenues
Truck Stops Move Into the Fast Lane During Covid-19 - WSJ

Truck Stops Move Into the Fast Lane During Covid-19

By: Peter Grant
Source: The Wall Street Journal
Date of Publication: August 25th, 2020
Rising e-commerce, delivery demand and summer driving help buoy niche market amid pandemic.
TAGS:
Deliveries
Demand
Financial losses
Restaurants
Revenues
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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