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Global Economics Intelligence executive summary, December 2023

McKensey

2024 looks uncertain: inflation has come down but long-term interest rates remain high; retail sales are relatively stable; manufacturing continues to contract; geopolitical concerns are on the rise.

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Tupperware Files for Bankruptcy: Why Bankruptcy Doesn’t Mean the End of a Business

Success

Plastic container-manufacturing company Tupperware has formally filed for bankruptcy, with its president and CEO Laurie Ann Goldman citing financial struggles brought about by the “challenging macroeconomic environment” in a statement.

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Everything You Need to Know About B Corps and How They Can Drive Positive Change Globally

Success

Since its inception, the B Corp movement has grown exponentially, with more than 8,900 certified businesses in more than 101 countries, spanning 162 industries from retail and manufacturing to finance and technology.

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Employers are upping benefits, but 91% of new mothers still struggle with returning to work

Work Life

Carrot has over 1,000 customers that run the gamut in terms of industries, from manufacturing and retail to finance.) Ahmad highlights the services that platforms like Carrot offer, from group prenatal sessions to lactation consultants, which can impact both health outcomes and the postpartum experience for working parents.

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Global Trust & Safety Solutions Provider Zevo Health Appoints new CEO

Zevo Health

These range from high growth start-ups to established businesses in professional services, retail, manufacturing, technology and private equity. Nishul is an experienced Board and C-suite leader who has worked in a variety of different businesses in leadership, transformation and value creation roles.

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People are worried about the impact of new tech, but many feel confident it will benefit them

Workplace Insight

Half of respondents aged under 50 do not know what job they will be doing in 20 years based on how quickly their industry is changing, rising to two-thirds (66 percent) for deskless retail workers and almost two-thirds (63 percent) for transport/storage workers.

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How to navigate the seismic shifts in workplace rules and roles in 2024

Work Life

Standalone, on-site workers include banking clerks, retail, manufacturing, processing, and food prep jobs and are classic candidates for automation or simplification and outsourcing.  This includes developers, tech, finance, accounting, and back-office jobs.