Managers beware
Jan 31, 2024

Managers beware

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Global shipper UPS announced that it’s cutting 12,000 jobs over the next few months — most of them in management.

Segments From this episode

A judge negates Musk's big Tesla pay package

A judge has struck down Elon Musk’s compensation package at Tesla, valued at nearly $56 billion. We discuss why.

Why do companies seem to prefer to cut middle management jobs?

Jan 31, 2024
Whatever the reason, shareholders seem to love hearing that jobs cuts are coming.
UPS announced nearly 12,000 layoffs on Tuesday. There have also been recent layoffs in industries like tech, media and finance.
Yuriko Nakao/Getty Images

Jerome Powell faces a tough balancing act

Happy Federal Reserve Decision Day to all who celebrate! But what will that decision be exactly? Economists are betting on no changes to interest rates.

There may soon be less music on TikTok

Universal Music, the gargantuan record label, says it’s now pulling its songs off of the gargantuan social media site TikTok after the two sides failed to reach a new licensing agreement. The BBC’s Tom Bayly reports.

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Dylan Miettinen Digital Producer
Jesson Duller Media Producer
Nic Perez Director/Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC