Tag

4 Day Work Week

All articles tagged with #4 day work week

business1 year ago

"Steve Cohen Predicts AI-Enabled 4-Day Work Week and Financial Savings"

Billionaire Steve Cohen predicts a shift to a four-day work week, citing the influence of artificial intelligence and lower productivity levels on Fridays. His investment in the golf startup league TGL reflects his belief in the trend towards more leisure time. While he acknowledges the uncertainty of the timing, Cohen sees the shorter work week as inevitable, potentially leading to increased interest in golf and leisure activities. However, he does not foresee allowing his traders to take Fridays off if the markets remain open, but believes that most people will eventually have the opportunity for a three-day weekend.

labor2 years ago

Impending Auto Strike: UAW Demands 4-Day Work Week and Threatens Major US Car Makers

The president of the United Auto Workers (UAW), Shawn Fain, is advocating for a 4-day work week with 40 hours of pay, alongside other demands, in ongoing labor talks with the Big 3 car makers in Detroit. Fain draws inspiration from successful trials of shorter work weeks, such as Microsoft's pilot in Japan that resulted in a 40% increase in productivity. While the idea has historical roots in the UAW, the reality of 70-hour work weeks in the auto industry makes it unlikely to be accepted by companies. However, the nonprofit 4 Day Week Global has found success with trials in other industries, leading to happier and more productive workers. Fain remains committed to fighting for better pay and more time off for autoworkers.