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My Grandmother Taught Me the Value of Independence: That’s What Drove My Success

Success

After spending most of my 22nd year unemployed, one of my mother’s friends politely suggested that I might want to consider applying at the call center for a local bank. It was a retail banking call center job, nothing fancy, no education required. I would spend the next 10 years working in retail banking.

Banking 98
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HSBC Headquarters in Canary Wharf to undergo major transformation

Workplace Insight

In a significant redevelopment move, 8 Canada Square, currently the headquarters of HSBC, is set to be transformed into a modern multi-use skyscraper once the bank vacates its Canary Wharf location in 2027. Khan’s vision, coined ‘Canary Wharf 3.0’,

Retail 52
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Employers still aren’t hiring people without college degrees

Work Life

Meanwhile, companies like Amazon, Bank of America, and Lockheed Martin had some of the lowest rates of hiring workers without degrees; while others—among them Nike, Uber, and Delta Airlines—were dubbed “backsliders” for having made initial progress they didn’t sustain.

Banking 111
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7 Ways to Save Money on Groceries without Clipping Coupons

Success

This is on top of an 11% rise in retail food prices from 2021 to 2022, according to the Government Accountability Office (GAO), the most significant increase in 40 years. According to the Federal Reserve Bank of Kansas City, a tight labor market means wage increases, which have increased the costs of production, labor and distribution.

Retail 105
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Here is 2024’s growing list of U.S. layoffs by sector

Work Life

Investment banking giant Morgan Stanley is planning to cut hundreds of jobs in its wealth management unit, a person familiar with the matter told Reuters, adding that the cuts will impact less than 1% of the division’s employees. Citigroup is planning to reduce its headcount by 20,000 people over the next two years.

Retail 98
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Why Japan wants its citizens to try a 4-day workweek

Work Life

Fast Retailing Co., Banking giant Mizuho Financial Group offers a three-day schedule option. Her husband, a real estate broker, also gets Wednesdays off but works weekends, which is common in his industry. Yokohama said that allows the couple to go on midweek family outings with their elementary-school age child.

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Businesses planning major investments into Generative AI to increase productivity

Workplace Insight

Countries: Australia, Belgium, Canada, Denmark, Finland, France, Germany, Iceland, India, Ireland, Japan, Luxembourg, New Zealand, Norway, Saudi Arabia, Singapore, Spain, Sweden, Switzerland, The Netherlands, United Arab Emirates, United Kingdom, United States Industries: Banking and Financial Services, CMT, Energy and Utilities, Healthcare, Insurance, (..)