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5 Steps that Move Corporate Purpose From Words to Action
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Grubhub lays off 15% of corporate workforce, or about 400 employees
Food delivery platform Grubhub laid off about 400 employees, or 15% of its corporate workforce, citing a need to maintain “competitiveness,” the company’s CEO said in a message to employees Monday. The company has struggled to capture market share, lagging significantly compared with competitors such as Uber Eats and DoorDash, according to research from Bloomberg Second Measure. Grubhub said it would offer…
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The message top corporate CFOs are sending directly to Fed presidents isn’t a bullish one
U.S. Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee (FOMC) at the headquarters of the Federal Reserve on September 21, 2022 in Washington, DC. Drew Angerer | Getty Images The Federal Reserve is expected to pause or skip — depending on whichever term…