| From the Editor's Desk
78% of Employers Are Using Remote Work Tools to Spy on You 78% of employers use software to spy on employees. But the research — and common sense — shows that this tempting practice does far more harm than good. And 83% of employers acknowledge that it's ethically questionable. When you spy on your people, you trade trust, culture and morale for sketchy data and productivity theater.
Work-from-home and hybrid models are here to stay. Companies everywhere are investing millions in digital employee experience (DEX), which reduces IT friction and makes employees happier and more productive. Separately, the same remote and hybrid shift has encouraged companies to deploy so-called productivity surveillance technologies. These have the opposite effect and even punish those who allegedly waste company time.
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WorkParis 2024 organisers warned security and transport a risk by top French auditorsOrganisers of the Paris 2024 Olympics need to finalise their security plans for the Games, France's top audit body said on Tuesday, warning that the opening ceremony on the River Seine posed a major challenge and would likely need police support.
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WorkWork � | | WorkWorkDeath Toll in Peru Rises to 47 Amid Extraordinary ViolenceThe government said a delegation of high-ranking officials was being deployed to Puno to establish dialogue. But it was unclear whom they would speak with. On Monday, the interior minister, Mr. Rojas, said he was unable to find anyone in Puno willing to talk with him. � | | WorkOpinion: A 6-year-old shoots his teacher. Now what? | CNN When it comes to guns, there are simply no accidents. The presence of a gun itself creates the conditions for deadly violence. If an American wants to create those conditions, the current Supreme Court says that is their right. But they - and not a 6-year-old child - should be held responsible for the outcome. WorkAmazons Buy with Prime is a positive step, but the stock is still expensiveAmazon\'s (AMZN) soon-to-be widely available Buy with Prime service, which allows Prime members to use their Amazon accounts to shop with other online merchants, could be a profitable revenue channel for the e-commerce giant. However, the Club holding\'s stock is still expensive, a high multiple compared to the broader stock market. � | | WorkExtreme weather, fueled by climate change, cost the U.S. $165 billion in 2022\"This sobering data paints a dire picture of how woefully unprepared the United States is to cope with the mounting climate crisis and its intersection with other socioeconomic challenges in people\'s daily lives,\" said Rachel Cleetus, a policy director at the Union of Concerned Scientists said in a statement. \"Rather than responding in a one-off manner to disasters within the U.S., Congress should implement a comprehensive national climate resilience strategy commensurate with the harm and risks we\'re already facing.\" Work � | | WorkWork � | | WorkWorkBritain's satellite hopes undimmed by mission failureBritain's hopes of becoming a prime launch site for small satellites remain intact despite the failure of what would have been the first launch into orbit from western Europe, business minister Grant Shapps said on Tuesday. WorkVirgin Orbit: how the UKs first space launch ended in failureA 27 per cent chance of failure. Buried in the documents submitted to the Civil Aviation Authority ahead of Britains first attempt to launch satellites from UK soil, a risk analysis laid bare the challenges of getting a rocket into orbit.Virgin Orbit planned for 17 launches from British soil betwee WorkWorkBrazils attempted coup was thwarted by Lulas decisive action, minister saysExactly who orchestrated and bankrolled Sunday's violence - and what their precise goals were - remains unclear.But Padilha said he believed the insurrectionists had come to the capital convinced they could close down the Brazilian presidency, congress and supreme court and that a parallel "political command" would be able occupy that space with the help of sympathetic military or other security forces."Many of them [imagined their actions] might open the door to some kind of action from security officers or members of the armed forces that would make it impossible for the Brazilian government to operate and impair the role of the supreme court," he said.Padilha said the government had intelligence showing that Bolsonarista reinforcements were set to be bussed into the capital on Sunday night from three Brazilian states - São Paulo, Minas Gerais and Goiás - to bolster the coup attempt.There is no evidence that Jair Bolsonaro was directly involved in any such a plot. The former army captain and president, who is currently in the US, has denied involvement in the mayhem.But Lula's minister blamed Bolsonaro's relentless undermining of Brazil's democratic institutions for creating the backdrop for the upheaval."For four years the ex-president Bolsonaro spread and cultivated an atmosphere of hatred in this country, not just against political parties, the opposition and in particular the leadership of President Lula, but also against Brazil's supreme court," he said.Padilha admitted that Brazil's security forces had been "contaminated" by Bolsonaro's antidemocratic ideals."We know that numerous institutions have been contaminated by Bolsonarista hatred and the putschist practices of the Brazilian far right," he said. WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkGerman foreign ministers Kharkiv visit gives hope of tank supplyThe senior politician, a close ally of the Russian president, Vladimir Putin, said the west's plan was to "continue to pull Russia apart, and eventually just erase it from the political map of the world" and that the US was "a shell for a conglomerate of huge corporations that rule the country and try to dominate the world". WorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkWorkFidelity makes first acquisition in 7 years, snapping up fintech ShoobxShoobx will be folded into Fidelity’s Stock Plan Services business, which provides equity compensation plan recordkeeping and administration services to nearly 700 companies with 2.5 million plan participants, totaling over $250 billion in plan value. Stock Plan Services is part of Fidelity’s Workplace Investing division, one of the country’s leading workplace benefits providers. WorkWorkWork2023 will bring crisper methods for evaluating startup successAssuming you have high gross retention rates, it may make sense to burn cash, but it won’t if you are burning more capital than the amount of new business accrued. As growth rates decline, many companies are slashing burn rates accordingly, resulting in a wave of layoffs even at companies with strong balance sheets and market positions. WorkData observability startup Metaplane lands investment from YC, othersHu didn’t answer questions about revenue, but said that Metaplane, which has a team of 10 employees, hasn’t yet faced roadblocks due to the broader tech slowdown. He attributes the success in part to Metaplane’s freemium model, which lets customers sign up for self-serve service and then opt to purchase a premium subscription. |
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