Tag Archives: postpandemic

A broad sell-off in technology stocks has dragged Cathie Wood’s main Ark Invest fund into the gutter – and it looks like it will take a long time for the popular ETF to dig itself out. The average holding in Ark Innovation (ARKK), Ark Investment Management’s namesake flagship exchange-traded fund, is currently down over 70% from its five-year high, according to fresh data from market research firm Bespoke Investment Group. The rout in ARKK’s portfolio brings the investment vehicle 60%… Source link

What will Silicon Valley’s post-pandemic office landscape look like? Will occupancy return to pre-pandemic levels, or has the workforce become accustomed to remote, commute-less working? A recent announcement by Google — who just received approval by the city of San Jose to expand their facilities in the downtown area — has announced plans to return to “campus-focused” employment, and may serve as an example of the “hybrid-approach” of returning to the office. “People are beginning to… Source link

Google has offices in 170 cities and 60 countries around the world, and some of them have already reopened. In Australia, New Zealand, China, Taiwan and Vietnam, Google’s offices have reopened with occupancy allowed to exceed 70%. But the bulk of the 140,000 employees who work for Google and its parent company, Alphabet, are based in the United States, with roughly half of them in the Bay Area. Source link

Need a new wall? What if it was as quick as blowing up a balloon? How about some privacy? What about a booth? If the office needs a new kitchen, that can be done in minutes too. It’s all part of what may be the office of the future — part pandemic-inspired, part Google trying stuff out. Michelle Kaufman, director of what Google calls “built environment,” gave NBC Bay Area an exclusive tour of several warehouses full of experiments aimed at figuring out the future of the… Source link

Google says it is doubling down on the office. The Alphabet Inc GOOG, +0.53%.  unit said it would spend $7 billion this year on expanding its footprint of offices and data centers across the U.S., including pouring $1 billion into its home state of California. The search-engine giant said it would hire at least 10,000 new full-time staff over the course of the year in anticipation of a post-pandemic recovery in the U.S. The spending… Source link

Google says it is doubling down on the office. The Alphabet Inc. GOOG -1.10% unit said it would spend $7 billion this year on expanding its footprint of offices and data centers across the U.S., including pouring $1 billion into its home state of California. The search-engine giant said it would hire at least 10,000 new full-time staff over the course of the year in anticipation of a post-pandemic recovery… Source link

(Bloomberg) — Ford Motor Co. told employees they can continue to work from home, allowing more than 30,000 to use the office only when they need to, even after the pandemic is over. The “flexible hybrid work model” unveiled Wednesday lets employees choose to stay home for “heads-down work,” while coming to the office for meetings and team-building activities. The system will debut as soon as July and apply mostly to salaried office staff, not factory workers. Kiersten Robinson,… Source link

After a year of wearing the same joggers to work on Zoom calls — and essentially going nowhere during the pandemic — signs are emerging that consumers are starting to rebuild their very outdated closets with new clothes for their post vaccination life this year (hopefully). “More recently, however, we’re seeing signs of customer interest in going out-type apparel beginning to emerge,” Urban Outfitters co-founder and CEO Richard Hayne told analysts on an earnings call Tuesday evening. “We… Source link

Mike Blake/Reuters “Shark Tank” star Kevin O’Leary underscored the value of investing, spoke about shorting Yahoo!, and predicted the pandemic will transform retail forever on the “Industry Focus” podcast. O’Leary also discussed the risks of venture investing, the dearth of financial literacy in the US, and how Warren Buffett’s business partner, Charlie Munger, has shaped his investing approach. Here are O’Leary’s 16 best quotes from the interview. Visit Business Insider’s… Source link

But companies are taking different approaches to how their workforces will operate. Some are committing to an all-remote workforce, while others are taking a hybrid approach in which employees spend part of their time in the office and the rest working remotely. Here’s a look at what post-pandemic workforces will look like at some major companies: Google employees won’t return to the office until September, and they might not be there Monday through Friday. The tech giant will test a… Source link