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The Great Resignation puts pressure on those who stay behind
Nov 13,2023
Office workers are starting to feel the pain of the Great Resignation, as increased workloads and the strain of repetitive tasks has pushed up to 70% of employees to consider quitting their jobs in the next six months. That's according to enterprise ...
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HP to acquire Poly for $3.3B
Nov 13,2023
HP has announced it is acquiring Poly, a company that specializes in video and audio equipment, for a purchase price of$1.7 billion, with a total transaction value of$3.3 billion, including debt. The deal is expected to close by the end of 2022. The ...
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SAP and Oracle suspend business in Russia
Nov 13,2023
In the wake of the ongoing Russian invasion of Ukraine, SAP and Oracle have both announced that they are suspending all business operations in Russia. The decision from the two major IT vendors came in the wake of a request from Ukrainian Vice Prime ...
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Geopolitical events put pressure on IBM earnings
Nov 13,2023
IBM delivered its Q2 2022 earnings last night, posting revenue of$15.5 billion, marking a 9% increase year-on-year at an adjusted gross profit margin of 54.5% for the quarter ending June 30. However, the current geopolitical landscape is continuing t...
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Intel lays out its flexible working policy
Nov 13,2023
Intel is looking to bring employees back to its office campuses as the world continues to emerge from lockdown and work-from-home mandates. Intel will be "embracing flexibility" according to a LinkedIn post from chief people officer Christy Pambianch...
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Cisco says this week's layoffs were announced last November
Nov 13,2023
Networking giant Cisco Systems is laying off staff again, employees reported on social media this week. While the employees saw this as a fresh round of layoffs, Cisco said it was just enacting plans announced in November 2022.  Cisco confirmed ...
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Inflation pushes some workers to new jobs - and some regrets
Nov 13,2023
Despite an extremely low unemployment rate in first half of 2022, job seekers are bracing for conditions to worsen in light of growing concerns about inflation, gas prices, and a potential recession, according to a new survey by job search platform J...
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Google, others adding office space in anticipation of the great return
Nov 13,2023
Since January 2020, Google's parent company Alphabet has spent nearly$100M on expanding its U.S. commercial real estate portfolio, including a$28.5 million office it bought in Sunnyvale, CA. at the height of the pandemic. More recently, Alphabet anno...
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Microsoft becomes latest tech firm to suspend sales in Russia
Nov 13,2023
The tech exodus from Russia ramped up today, as Microsoft halted all new product and services sales inside the country because of the invasion of Ukraine. Apple did much the same thing earlier in the week. "Like the rest of the world, we are horrifie...
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Google launches another appeal against 2017 EU antitrust ruling on shopping service
Nov 13,2023
Google has once again sought to overturn a
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IDC: Collaboration software spending growth slows; AI features to drive future increases
Nov 13,2023
Global business spending on collaboration software - including videoconferencing apps, team chat, email, and more - reached$33.9 billion in 2022, according to a recent IDC report. It was the seventh consecutive year of double-digit growth, up 14.6% c...
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Amex GBT: Biz travel isn't dead, and now we need 'Chief Journey Officers'
Nov 13,2023
As travel returns to pre-pandemic norms, how and why employees travel for work is expected to change dramatically, according to a recent study from American Express Global Business Travel (Amex GBT) and CULTIQUE, a business strategy firm. The study p...
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