There’s a National Egg Shortage—Here’s What You Need to Know By now, you’ve seen or heard about the high price of eggs. Now there is a looming shortage which may make it hard to get eggs at all. The high price of eggs and the looming shortage is because an unprecedented epidemic of highly virulent…
Layoffs are hitting the confectionary industry: M&M’s announced yesterday that it’s sending its colorful cast of candy characters into “indefinite” retirement. In explaining why it cut its “spokescandies,” brand owner Mars didn’t point to a looming recession or hiring too many candy spokespeople during the pandemic. It appears these characters became too much of a PR headache…
Ever see a random shopping cart rolling down the sidewalk or tossed in a creek? Us too. The Food Marketing Institute estimates ~2m carts are stolen per year. It’s been an issue since carts were invented, and costs retailers an estimated tens of millions annually, per CNN. Costs include: Replacing missing carts, which can cost up to ~$250 each…
On Monday, Spotify became the latest tech giant to shrink its staff, announcing it would cut ~600 workers, or 6% of its workforce. That brings the total number of tech layoffs in 2023 to ~57k, following ~159k in 2022, according to Layoffs.fyi. The Great Reduction is happening in a labor market that, for the most part, is humming along just…