Economic Conditions: Page 4
Why Companies Must Leverage Outsourced Development Teams to Weather Economic Downturns and Layoffs
Despite short-term measures to strengthen against the economic slowdown, companies still need to find ways to manage existing technical debt and innovate at the same time.
LinkedIn Is Cutting 716 Jobs, Blaming Shifts in 'Customer Behavior' and 'Slower Revenue'
The news of the layoffs comes a week after LinkedIn turned 20.
How to Survive the Startup Roller Coaster in Times of Economic Uncertainty
As investments slow down, the future for startups is becoming a little clouded. Yet, with a change in strategy and approach, surviving any downturn is more than possible.
IBM Says 7,800 Jobs (or Nearly 30% of Its Workforce) Could Be Replaced By AI
IBM CEO Arvind Krishna told Bloomberg workers in non-customer-facing roles will be affected. Other companies have also pivoted business models as artificial intelligence increasingly disrupts norms.
The New Strategies Helping Small Businesses Survive and Thrive During Recessions
Here are a few modern strategies to help small businesses survive and succeed in an economic downturn.
'We're All Worse Off': Top Economist Says People Need to Accept That Everyone Is Poorer in Today's Economy
On a recent podcast, Bank of England's chief economist, Huw Pill, said that Brits need to stop asking for pay raises, which is driving inflation higher.
CEO Apologizes After Telling Employees Not To Ask About Bonuses and 'Leave Pity City'
The CEO and President of furniture company MillerKnoll delivered a harsh message to employees during a town hall.
'There's This Fear That Everything Will Crash': Home Prices Are Falling, But There's Still a Lack of Listings
In March, the median home price in the U.S. fell by 3.3%, marking the largest year-over-year drop in over a decade.
You Need a 6 Figure Salary to Be Considered Middle Class in This U.S. City
Middle-class status is the hardest to attain in tech cities like San Francisco and Seattle.
Ernst & Young to Cut 3,000 Jobs Due To 'Overcapacity' and 'Current Economic Conditions'
The layoffs will impact nearly 5% of the accounting giant's workforce.
Here Are the Cities Where Inflation Is Rising the Most, According to a New Report
Although inflation has shown signs of cooling, it's still at all-time highs in some of America's biggest cities such as Philadelphia, PA and Houston, TX.
Don't Be Another Victim of a Rough Economy. Use These 8 Steps to Build Your Action Plan.
In times of economic uncertainty, businesses of all sizes can face significant challenges. By following these strategies, businesses can prepare for an economic slowdown and protect themselves from financial hardship.
Most Businesses Slow Down During a Recession — Here's How to Keep Pace and Grow Your Company in 2023
Surviving a recession is a challenge for businesses at any stage, but it is achievable. Here are a few tips to help your company thrive.
Some Banks Lost An Average of $301 on Every Mortgage Financed in 2022
Mortgage companies financed about $2.6 billion worth of mortgages per company in 2022, marking a steep decline from $4.9 billion in 2021.
Diriyah And The Giga Projects Defining Saudi Arabia's New Tourism Economy
Entrepreneur Middle East and Lucidity Insights partnered with Diriyah Company to launch a special report titled, "Diriyah And The Giga Projects Defining The New Saudi Arabia."