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Lots of companies are saying they have ‘operating leverage’ — that’s just code for firing people

[CNBC, GETTY IMAGES] KEY POINTS One reason the stock market is holding up well is because investors believe many corporations are going to fire a lot of people and replace them with technology that will make the companies more efficient and improve profits.There’s a fancy accounting term for this. It’s […]

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AGILITY AND FLEXIBILITY RESCUES LOGISTICS

[Recruiter, Alamy] Colin Cottell reports how J&J Recruitment Services is taking the long view in this crisis. With many recruiters struggling to survive the effects of coronavirus, a small logistics and driver recruiter has demonstrated how ingenuity and taking a long-term approach can help recruiters through the crisis. As the coronavirus […]

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4 Tips To Keep Your Business Afloat in a Downturn

[Entreprenuer, Getty Images] It will be nearly impossible for anyone to walk away unscathed, but companies can take steps to mitigate losses. It’s official. We are in another recession. According to Kristalina Georgieva, the managing director of the International Monetary Fund (IMF), the downturn this time around is going to […]

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