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The year 2023 witnessed the downfall of several renowned companies, marking a tumultuous period in the business world. From coworking spaces to retail giants, these bankruptcies reflect the challenging economic landscape and evolving consumer behaviors. These bankruptcies serve as a helpful reminder of how important financial stability and flexibility are […]
As we bid farewell to 2023, reflecting on the startups that didn’t make it through the year is poignant. Contrary to the dramatic tales of companies like FTX or Theranos, most startup failures are quieter, often due to timing, funding issues, or macroeconomic factors. This year, around 3,200 private venture-backed […]
The on-demand food delivery industry is a rapidly growing one. In 2022, the global market for on-demand food delivery was valued at $127.6 billion and is expected to reach $215.4 billion by 2028. Several factors drive this growth, including the rise of smartphones, the increasing popularity of online ordering, and […]
The tech industry 2023 has witnessed a significant upheaval, with over 240,000 job losses, surpassing the previous year’s total by 50%. Based on a TechCrunch report, this article provides a detailed month-by-month breakdown of the layoffs, offering insights into the changing dynamics of the tech world. The Scale of Layoffs […]
Uber Eats has launched an innovative multi-store ordering feature, allowing customers to order from two different restaurants or stores in a single transaction. This new feature is a significant step forward in the food delivery industry, offering greater convenience and flexibility to users. Key Highlights of the New Feature: Uber […]
The article from Fortune, written by Rachyl Jones, introduces an innovative venture by Prophetic, a startup that aims to transform sleep into a productive activity. Their device, “Halo,” is designed to induce lucid dreams, allowing users to engage in activities like preparing for meetings or creating projects while asleep. Key […]
We grew our headcount too fast and face severe economic headwinds, says CEO Will Shu Deliveroo, the online food delivery company, has announced plans to cut 350 jobs, about 9% of its workforce, in response to the current economic situation. The company’s CEO, Will Shu, acknowledged the company’s rapid headcount […]
ERP (Enterprise Resource Planning) implementation refers to deploying an ERP system within an organization. An ERP system is a comprehensive software platform used to manage and integrate the essential parts of a business, including planning, purchasing, inventory, sales, marketing, finance, human resources, and more. Why ERP Implementation is Significant: Reasons […]
Enterprise Resource Planning (ERP) systems have become the backbone of modern business operations, offering an integrated and continuously updated view of core business processes. ERP systems track business resources—cash, raw materials, production capacity—and the status of business commitments: orders, purchase orders, and payroll. The applications that make up the system […]
The article from Forbes, written by Bryan Robinson, Ph., explores the evolving perspective on emotional expression, mainly crying, in the workplace under compassionate leadership. It highlights a shift towards authentic leadership where vulnerability and sensitivity are increasingly recognized as valuable management skills. For a comprehensive understanding of how compassionate leadership […]