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Michael Bloomberg is an outspoken critic of remote work. He thinks employees are slacking off and hitting the golf course during the workday, he told CBS. A March study by Stanford University researchers found that remote work "powered a huge boom in golfing," with visits to golf courses surging on weekdays and mid-afternoons compared to pre-pandemic times. AdvertisementAdvertisementIn August, he wrote an opinion piece for The Washington Post, arguing that remote work for federal employees had "gone on too long." Just days after Bloomberg's article was published, Biden reportedly ramped up efforts to get federal employees back to the office.
Persons: Michael Bloomberg, slacking, I've, Nick Bloom, Alex Finan, CBS's Mo Rocca, Jacob Frey, Biden, Goldman Sachs, Abbie Shipp Organizations: CBS, New, New York City, Service, Stanford University, Bloomberg, Minneapolis, Employees, Washington, Meta, Neeley School of Business, Texas Christian University Locations: New York, Wall, Silicon
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMost companies have not adapted in order for flexible work to succeed, says Harvard's Tsedal NeeleyTsedal Neeley, Harvard Business School professor, and Alan Guarino, Korn Ferry vice chairman, join 'Squawk Box' to discuss the state of remote work, after a new survey by the Federal Reserve Bank of New York showed that business leaders predominantly perceive remote work as having negative effects on workplace culture, communication, and training, how workers are adapting to the new hybrid work policies, and more.
Persons: Harvard's, Neeley, Alan Guarino, Korn Organizations: Harvard Business School, Korn Ferry, Federal Reserve Bank of New Locations: Federal Reserve Bank of New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJobs will be transformed by A.I. through productivity boost, says Harvard professor Tsedal NeeleyTsedal Neeley, Harvard Business School professor, and Jaclyn Rice Nelson, Tribe A.I. co-founder and CEO, join 'Squawk Box' to discuss the impact of A.I. on hiring trends, how companies can implement the new technology, and more.
Persons: Tsedal Neeley, Neeley, Jaclyn Rice Nelson Organizations: Harvard Business School
'You can't possibly get everything done working three days a week in the office and two days remotely,' she told Footwear News in a recent interview. A remote work vs return-to-office war has been brewing for years between employees and employers. "You can't possibly get everything done working three days a week in the office and two days remotely," she told the publication. "I continued to work five days a week" during the COVID-19 pandemic, she told the media outlet. Getting employees back to the office wasn't the only business advice Stewart shared with Footwear News.
Persons: Martha Stewart, , Stewart, That's, Stewart —, Abbie Shipp, Insider's Rebecca Knight, Goldman Sachs, decaf Organizations: Service, Footwear, Wall Street, Neeley School of Business, Texas Christian University, Apple, Disney, JPMorgan Locations: France, Bedford , New York
JPMorgan is now mandating all managing directors work from the office five days a week. But that rubbed some workers the wrong way, who vented on an internal messaging system, per Reuters. They griped about being stuck in virtual meetings despite being in the office, long commutes, and family responsibilities. In the same video, Clarke even lauded one employee's work ethic who he said "sold their family dog" to improve work performance. Read the JPMorgan return to office memo in full here.
Employers are hardening demands for workers to return to the office and quashing resistance. Apple is tracking employee attendance and has threatened action against staff who don't work from the office at least three days a week. Today, though, as a recession looms, companies are rolling back perks and demanding workers return to their desks or risk termination. After 2020's COVID-19 lockdowns forced office workers to work from home, many of them discovered the benefits of remote work. Many of the same companies demanding workers return to the office have recently conducted mass layoffs — some more than once.
Bevi, a Boston startup, makes high-tech water coolers that collect usage data. Some investors and hedge funds are using this data to track America's return to office trends, Bloomberg reported. Bevi, a Boston-based startup that sells high-tech water coolers, collects data about how much water its machines dispense over time. When Bevi's usage data rose from 28% to 44% between January 2021 and 2022, office occupancy data collected by securities firm Kastle Systems rose in tandem. The companies hope to gain insight into office trends, as remote work continues to solidify itself as a standard.
Massey told Fox 23 that when she confronted Widell on the accounting "irregularities," Widell lashed out and responded "aggressively." A separate unnamed property owner told Fox 23 that he paid Widell $11,000 to stage his rental. Since then, seven of Widell's tenants told Fox 23 their water had been shut off and they risk losing electricity. "Honestly, the worst thing she has done is taken away everyone's peace of mind," one tenant, Traci Nunnelly, told Fox 23. After convincing landlords to switch to Airbnb, Neth said, she would then seek to manage their listings as a paid property manager.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHarvard professor on A.I. job risks: We need to upskill ad update business modelsTsedal Neeley, Harvard Business School professor, joins 'Squawk Box' to discuss the population's fears of AI eventually taking their job, if organizations should rethink business models and more.
Sniegocki and Zlotek said they found no one in the burning home and gave the “all clear” to other firefighters on the scene, the lawsuit said. Minutes later the boys were foundSniegocki and Zlotek, who resigned, could not be reached at phone numbers listed for them. The firefighters union, Neeley’s office and a city attorney did not immediately respond to a request for comment on Tuesday. Sniegocki and Zlotek entered the house. Nine days after Neeley’s re-election on Nov. 8, the mayor fired him, according to the lawsuit.
Salesforce's CEO said the company's younger, remote workers may be less productive than their peers. It's possible that Salesforce's younger, remote employees are less productive than the rest of the staff. But it's unlikely that the problem is remote work itself, or the work ethic of remote employees, based on the growing body of research on flexible work. The problem isn't remote work — it's how remote workers are managedBut Salesforce's problem probably isn't necessarily that it permits remote work. On the other hand, Neeley wrote, leaders who micromanage their employees' time "are the kiss of death in hybrid work."
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMusk can not run Twitter the same as an engineering company, says TCU's Mary Uhl-BienWall Street Journal reporter Tim Higgins and Mary Uhl-Bien, professor at Texas Christian University's Neeley School of Business, join CNBC's 'Squawk Box' to discuss Elon Musk's ownership of Twitter and how it could potentially hurt his performance at Tesla.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow is the time for employees to be bold and prepare for potential layoffs, says Jason GreerTsedal Neeley, Harvard Business School professor, and Jason Greer, Greer Consulting founder and president, join CNBC's 'Squawk Box' to discuss how employees can prepare for potential layoffs.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnderperforming workers will struggle amid layoffs, says Harvard's Tsedal NeeleyAlan Guarino, Korn Ferry vice chair, and Tsedal Neeley, Harvard Business School professor, join CNBC's 'Squawk Box' to weigh in on what the wave of layoffs in the technology sector means for the job market.
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