#economic-climate

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TechRepublic
4 days ago
Business

Apptio: Australians Navigate Economic Pressure via IT Investments

Australian businesses are increasingly cautious in technology investments due to economic pressures, requiring accountability and clear value demonstrations. [ more ]
www.theguardian.com
1 month ago
Marketing

Is luxury fashion in its flop era?

Luxury industry faces underconsumption challenge with declining sales among top brands. [ more ]
www.cbc.ca
7 months ago
Canada news

Business bankruptcies shot up by more than 41% last year, as pandemic debts mount | CBC News

Business insolvencies in Canada increased by more than 41% in 2023, with the total number of insolvencies rising by 23.6%.
The high insolvency rates for businesses are indicating a tough economic climate and could lead to more job losses in the coming months. [ more ]
Boston.com
7 months ago
Media industry

Online news site The Messenger shuts down after less than a year

The Messenger, a nonpartisan online news site, abruptly shut down after only eight months in operation, leaving approximately 300 employees out of work.
Founder Jimmy Finkelstein announced the shutdown in an email, stating that the company had been trying desperately to raise enough funds to become profitable.
The collapse of The Messenger follows other large-scale layoffs in the media industry, indicating the challenging economic climate for media companies. [ more ]
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