The last TGI Fridays restaurant in central London has shut for goodTGI Fridays has faced a significant decline, closing 36 restaurants in three months, signaling a further downturn for the brand in the UK.
What the F*** is Going on with Design Layoffs?The design industry is experiencing significant layoffs due to economic downturns, leading to a reduction in UX-related jobs.
Dropbox is laying off 20 percent of its workforceDropbox is laying off 20% of its workforce due to slowing demand and organizational complexity.
What's going on with all these video game industry layoffs?Video game industry facing job instability crisisMassive layoffs affecting both small and large game development studios
What the F*** is Going on with Design Layoffs?The design industry is experiencing significant layoffs due to economic downturns, leading to a reduction in UX-related jobs.
Dropbox is laying off 20 percent of its workforceDropbox is laying off 20% of its workforce due to slowing demand and organizational complexity.
What's going on with all these video game industry layoffs?Video game industry facing job instability crisisMassive layoffs affecting both small and large game development studios
JCB postpones 500-job hiring spree as chancellor's tax hike rattles business confidenceJCB delays plans for permanent contracts due to market challenges after tax changes.
Global turmoil and rising taxes tilt art trade towards new eraThe international art market is experiencing a notable slump, raising concerns about whether it signals a temporary downturn or lasting change.
Lingering market slump prompts the question: is art is no longer a 'must have' for the wealthy?The international art market is currently experiencing a significant downturn, highlighting economic uncertainty.Artists' attempts at subversion often get re-appropriated by the market, leading to absurdity.
Global turmoil and rising taxes tilt art trade towards new eraThe international art market is experiencing a notable slump, raising concerns about whether it signals a temporary downturn or lasting change.
Lingering market slump prompts the question: is art is no longer a 'must have' for the wealthy?The international art market is currently experiencing a significant downturn, highlighting economic uncertainty.Artists' attempts at subversion often get re-appropriated by the market, leading to absurdity.
Bosch extends unwanted 4-day week to 10,000 employees amid Germany strugglesBosch is reducing working hours and laying off employees due to a struggling economy and financial challenges.
German unemployment rate sees small rise in December DW 01/03/2025Germany's unemployment has increased slightly in December 2024, reflecting seasonal trends amidst an ongoing economic downturn.
Bosch extends unwanted 4-day week to 10,000 employees amid Germany strugglesBosch is reducing working hours and laying off employees due to a struggling economy and financial challenges.
German unemployment rate sees small rise in December DW 01/03/2025Germany's unemployment has increased slightly in December 2024, reflecting seasonal trends amidst an ongoing economic downturn.
This chart shows what a bad year 2024 was for luxuryLuxury brands faced a brutal slowdown in 2024, with only Hermès and Richemont managing to thrive amidst significant market challenges.
Budget brands are winning in China as people turn to cheap food and fashionChina's economic downturn has led consumers to seek wallet-friendly options, benefiting companies like Saizeriya that offer budget-friendly food.
This chart shows what a bad year 2024 was for luxuryLuxury brands faced a brutal slowdown in 2024, with only Hermès and Richemont managing to thrive amidst significant market challenges.
Budget brands are winning in China as people turn to cheap food and fashionChina's economic downturn has led consumers to seek wallet-friendly options, benefiting companies like Saizeriya that offer budget-friendly food.
Russia's overheated economy is squeezing one of Moscow's key trading channels with ChinaRussia's railway industry is experiencing a significant downturn due to war-related economic issues, affecting trade with China.
Botswana's ruling party loses power after six decades, early results showThe Botswana Democratic Party (BDP) suffered a major election defeat after nearly 60 years in power, losing its parliamentary majority.
Austin's Texas glow Is fadingAustin, a Covid-era economic superstar, is facing a downturn with Oracle moving headquarters to Nashville due to an office glut and falling real estate prices.
A 65,000-square-foot waterfront mansion, believed to be Canada's largest home, has been abandoned for over 15 years. Take a look inside.The Peter Grant mansion, Canada's largest home, has been abandoned for over a decade and may soon be featured in a reality show.
Austin's Texas glow Is fadingAustin, a Covid-era economic superstar, is facing a downturn with Oracle moving headquarters to Nashville due to an office glut and falling real estate prices.
A 65,000-square-foot waterfront mansion, believed to be Canada's largest home, has been abandoned for over 15 years. Take a look inside.The Peter Grant mansion, Canada's largest home, has been abandoned for over a decade and may soon be featured in a reality show.
LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeoutBernard Arnault's wealth has decreased significantly, dropping him to fourth place among the world's richest billionaires due to LVMH's stock slump.
Tiffany is shrinking its China flagship store by half as luxury spending collapsesTiffany & Co. is downsizing its Shanghai flagship store amid declining luxury sales in China.The move reflects broader economic challenges impacting global luxury brands.
LVMH's Bernard Arnault has gone from the world's richest person to flirting with 5th place after a $54 billion wipeoutBernard Arnault's wealth has decreased significantly, dropping him to fourth place among the world's richest billionaires due to LVMH's stock slump.
Tiffany is shrinking its China flagship store by half as luxury spending collapsesTiffany & Co. is downsizing its Shanghai flagship store amid declining luxury sales in China.The move reflects broader economic challenges impacting global luxury brands.
4 Strategies to Achieve Market Dominance, Even During a Downturn | EntrepreneurIn economic downturns, businesses should pivot to invest strategically in growth opportunities rather than scaling back.
Layoffs Are Low. That Doesn't Mean the Labor Market Is Strong.Job growth is slowing, but employers are retaining workers, indicating a level of confidence despite potential economic downturn signs.
from Medium5 months agoUX is dead. Long live UX.Economic downturns historically present opportunities for innovation and growth, especially with the influence of AI today.
How to win a raise even during an economic downturn, according to bossesDemonstrating value with data is crucial for negotiating pay increases during economic uncertainty.
Opinion | The Economy Is Looking Pre-RecessionaryPolicymakers need to act quickly to prevent economic deterioration similar to intervening in prediabetic conditions to prevent Type 2 diabetes.
Jamie Dimon says he's skeptical inflation will hit the Fed's 2% goalJamie Dimon warns of a potential economic downturn, predicting a mild recession.
Opinion | The Economy Is Looking Pre-RecessionaryPolicymakers need to act quickly to prevent economic deterioration similar to intervening in prediabetic conditions to prevent Type 2 diabetes.
Jamie Dimon says he's skeptical inflation will hit the Fed's 2% goalJamie Dimon warns of a potential economic downturn, predicting a mild recession.
Recession Fears May Be Overstated, but Not UnfoundedThe U.S. economy showed unexpected weakness in the job market, causing concerns about a possible economic downturn.
Gold, copper and oil prices fall as market contagion spreads-'It's just widespread panic'Commodities across various sectors, including copper, gold, and crude oil, plunged due to a global financial crisis and concerns about economic downturn.
How TGI Friday's made its media more cost-effective in tough economic timesRestaurants must adapt media and marketing strategies during economic downturns to attract customers effectively.
Can carbon capture transition California's oil fields? - High Country NewsThe oil industry downturn in Taft, California had a significant impact on the town's economy and community services.
Is It Even Possible to Become More Productive?The impact of the Great Recession on job choicesStruggles of young workers during economic downturn
BloombergThe global economy is projected to contract by 4.9% in 2020 due to the COVID-19 pandemic.The consequences of job losses and business closures are expected to have lasting effects on the global economy.