The landscape of the European tech industry is evolving, but one pressing concern remains—an alarming brain drain of talent to the United States. This phenomenon presents a significant risk for Swedish fintech giant Klarna as it gears up for its highly anticipated initial public offering (IPO). CEO Sebastian Siemiatkowski has been vocal about the drawbacks
Remote Work
Dutch challenger bank Bunq recently announced its intention to increase its global headcount by 70% this year, with a goal of reaching over 700 employees. This decision comes at a time when many other fintech startups are downsizing. Bunq, which currently operates in various markets within the European Union, is looking to expand into new
Remote work has become a significant trend in the U.S. labor market, with economists recognizing it as a major shift that has taken place over the past couple of decades. According to Nick Bunker, economic research director for North America at job site Indeed, the work-from-home revolution is still going strong and is expected to
Jenny Hunnicutt’s decision to embark on a 274-night cruise around the globe aboard Royal Caribbean’s Serenade of the Seas presented a unique opportunity for remote workers in a post-pandemic world. While she and her husband were well-accustomed to a remote lifestyle, working from a cruise ship raised questions about taxes and legal implications for earning
With the renewed interest in the nine-to-five aesthetic, also known as “corpcore,” it seems that young professionals are embracing a more professional look in the workplace. This trend involves tailored suits, blazers, and pencil skirts, showcasing a corporate take on quiet luxury. However, despite the shift towards a more formal dress code, new research indicates
In 2023, there has been a significant surge in employment scams, with criminals leveraging artificial intelligence to target unsuspecting job seekers. According to experts, consumer reports of job scams increased by 118% from the previous year, highlighting a growing trend of fraudulent activities in the job market. Scammers often pose as recruiters and post fake
Nike’s CEO, John Donahoe, is currently facing a significant loss of confidence from Wall Street after a less than stellar fiscal year. The company recently warned of a 10% decline in sales for the current quarter, which was much worse than anticipated by LSEG. This bad news comes on the heels of Nike posting its
Revolut, a British financial technology firm, recently announced its plans to move its official headquarters from London to Canary Wharf, the city’s major financial district. The company has signed a 10-year lease for the YY London building, where it will establish its global headquarters. This move signifies a significant increase in office footprint for Revolut,
With the world still navigating the aftermath of the Covid-19 pandemic, one thing has become increasingly clear – remote work is here to stay. What began as a temporary solution during lockdowns has evolved into a long-term trend that is reshaping the traditional workweek for many employees. According to labor economists, remote work offers a
The Dubai Mall, one of the world’s largest malls, is set to undergo a massive expansion with an estimated cost of 1.5 billion dirhams ($408 million). This sprawling shopping complex in the heart of the United Arab Emirates’ commercial capital is already a tourist hotspot, housing 1,200 stores, 200 food and beverage vendors, an aquarium,