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Big Tech, Big Layoffs, And Big Problems
Seemingly overnight, thousands of employees in companies such as Amazon, Google, Meta (formerly Facebook), and Microsoft lost their jobs. An estimated 200,000 big tech workers are left without a job with just a flick of a switch. Surprisingly, this happened last year, as we begin 2023, a new wave of big tech layoffs surprised the…
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How American Policy Affect Businesses Globally
For almost a century the United States enjoyed unprecedented growth and prosperity, even though there had been bumps in the road. The rapid growth of its economy provided the United States with both hard and soft power. Hard power being its military might which is second to none, while soft power is the ability to…
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The Importance Of Global Employment
Global employment otherwise referred to as a global workforce, is a reaction to the changing world we live in. More businesses and markets are becoming globalized, and the era of relying on a single country as both a customer and supplier will stifle growth. Now that the world is recovering from a post-lockdown era, the…
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What’s Conscious Capitalism And Its Relation To Outsourcing?
“Capitalism” is a word that brings dread to some and joy to most, or is it the other way around? Unfortunately, the effects of capitalism are a hotly debated topic that will not be discussed further in this article because we live in a diverse world of people having different political ideologies, cultures, and backgrounds.…
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Is There A Dark Side To Outsourcing?
Outsourcing by definition is the business practice of hiring a party outside the organization to perform the production of goods or services. Gone are the days of solely performing processes in-house. Even the largest businesses in the world hire outsourcing companies to reduce costs, gain favorable labor laws, and better talent to perform services to…
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Subcontracting Vs. Outsourcing
There’s often a blurred line between subcontracting and outsourcing. For the common folk, there’s no difference at all. However, there are fundamental similarities and differences that separate them into two distinct services. Subcontracting Subcontracting is a process that involves a company hiring another individual or firm to complete a specific function that an internal team…
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Is the Metaverse the Next Big Bang in Outsourcing?
The Metaverse is an integrated network of 3D virtual worlds. When Facebook decided to change its name to “Meta”, it took the world by a storm of speculation, about whether or not the metaverse is the future of virtual reality and augmented reality. Touted as the next great frontier of technological innovation, four of the…
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Remote Work: Good and Bad Habits
Working remotely has become an instant mainstream solution during the pandemic. What we learned during the height of the pandemic is that in the case of remote work is an effective solution for employers and employees to save on costs. However, cracks began to show up, as the majority of the people in the world…
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Emerging B2B Sales Trends
Business-to-business (B2B) is where a business makes a commercial transaction with another. A typical B2B transaction occurs when a business sources its materials for the production of its final product or service. That said, Business-to-business sales strategy is more important now than ever before, as the advancement of technology offers solutions to enhance the efficiency…
