Eric Vaughan, CEO of IgniteTech, laid off nearly 80% of his staff in 2023 for resisting AI adoption, believing it was an existential necessity. Despite the brutal decision, he stands by it two years later, emphasizing the importance of embracing AI for business survival.
In El Monte, Southern California, a man attempted to rob Meza's Jewelry by bear spraying employees and customers before smashing display cases. However, the employees fought back, engaging in a struggle with the suspect and chasing him down the street. The suspect fled the scene in a gray Dodge Charger, causing significant damage to the store but not taking any merchandise. This incident is part of a series of burglaries targeting retailers in the Southland, with a recent case in Pasadena involving thieves stealing over $500,000 worth of jewelry.
As the pandemic recedes and Labor Day approaches, return-to-office mandates are gaining momentum, with 90% of companies expected to require employees to work in person at least some of the time by the end of next year. Tech giants like Amazon and Meta (formerly Facebook) have faced pushback from employees as they demand a return to the office. Currently, 51% of businesses require in-person work, but just 36% require five days a week. Employers cite improved revenue, productivity, and worker retention as reasons for the return to office. However, many employees resist the mandates, and companies risk turnover and recruiting challenges if they double down on mandates without clear rationales and plans. The labor market is cooling, shifting bargaining power closer to balance, but candidates in many industries still have the upper hand.