Being that we live along the east coast of Florida, we took precautions early in the week by putting up shutters, filling up on gas, groceries, etc. With every natural disaster there are many things to worry about. More than 2 million people are without power in Florida as of today. If you want to help you can donate to the Florida Disaster Fund. It’s the State of Florida’s official private fund established to assist Florida’s communities as they respond to and recover during times of emergency or disaster.
Speaking of power — researchers are sounding the alarm about electric vehicles and hurricane evacuations. The lack of rapid charging stations can mean that people fleeing a disaster will take longer and indirect routes to get to storm shelters. That can put them more directly in harm’s way. Learn more.
Ever since I moved to the Space Coast in FL, I came to realize how important the initiatives by NASA are to our everyday lives. Earlier this week, NASA crashed a spacecraft into an asteroid. The Double Asteroid Redirection Test mission aims to see how much the impact changed the movement of the asteroid. It is part of a planetary defense experiment. The agency is testing whether it is possible to redirect the path of an asteroid heading towards Earth. Watch the impact!
If people aren’t ready to adopt it in masses, then it’s put in a drawer and resurrected many years later. This happened with podcasting, streaming and more. Now, it’s happening with the Metaverse too. Nearly two decades before companies like Meta began pouring billions of dollars into the Metaverse, a little company called Linden Lab already had one. In Part 1 of our series, we meet the programmers who built Second Life — a 3-D virtual world where users could be and do whatever they could imagine. And we meet the intrepid users who were the pioneers of this brave new world.
They’ll have to compete with Amazon’s Audible. The company launched its debut audiobook catalog in the U.S. with somewhere north of 300,000 titles to start. Initially, the selections in the app will be recommended by Spotify editors. I don’t really like the a la carte pricing model, but I believe they’ll change this over time. Since I’m not a fan of Amazon, this makes it more convenient to listen to audiobooks. With all the talk about states banning books, I think the timing of this new line of business is smart for Spotify and its listeners. For example, you could listen to parts of Toni Morrison’s “The Bluest Eye” for free.
Every time I ask people how they feel about meetings at work, I get the same reaction. Meetings that employees find unnecessary cost a company with more than 5,000 workers about $101 million a year, a survey estimates. Say what? The study of more than 632 workers across 20 industries showed they spent an average of 18 hours per week in meetings, wanting to decline almost a third but backed out of 14%. With virtual meetings during the pandemic — and the number of hours spent in them tripled — their tendency to be less effective has also been a driver in disengagement and quitting. Is your meeting mania causing employees to want to quit?
Whether you’re talking about inflation, recession or employment, it’s different for every professional and company. I have clients who are thriving and growing faster than ever before, while others are telling me they’re cutting costs and having trouble finding new customers. A recent survey of 700 executives revealed that an eye-popping 70% of them are planning layoffs or considering doing so, a number that also applies to hiring freezes. The news isn’t all bad: There are about 2 job openings for every unemployed person and hiring increased by 6.5% in August, the first monthly increase since April. The layoffs have ushered in a trend, announcing a job loss on social media. The goal is to share the experience and to network with recruiters. Do you think this is a good or bad idea?
Firms that have announced layoffs since the beginning of September include:
High-profile companies that made cuts in August:
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