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Daily RedAlert - 1/25/23

Relevant Press

U.S. Employee Engagement Needs a Rebound in 2023 - Gallup

“The ratio of engaged to actively disengaged workers in the U.S. is 1.8-to-1, down from 2.1-to-1 in 2021 and 2.6-to-1 in 2020. This is the lowest ratio of engaged to actively disengaged employees in the U.S. since 2013, almost a decade earlier. The record high is a ratio of 2.7-to-1 recorded in 2019.”

Uber Freight cuts 150 jobs, about 3% of the unit’s head count - CNBC

“The layoffs affect the division’s digital brokerage team, Uber Freight CEO Lior Ron said Monday in a message viewed by CNBC. They are the first layoffs since 2020, in the early weeks of Covid lockdowns.”

For Tech Companies, Years of Easy Money Yield to Hard Times - New York Times

“Many other tech companies are also seeing their fortunes reverse and their dreams dim. They are shedding employees, cutting back, watching their financial valuations shrivel — even as the larger economy chugs along with a low unemployment rate and a 3.2 percent annualized growth rate in the third quarter.”

Walmart hiking wages for US employees - Fox Business

“Walmart U.S. CEO John Furner informed associates in a message that beginning next month, the company will start raising annual increases for employees and will hike starting rates at thousands of stores "to ensure we have attractive pay in the markets we operate."

Hybrid Working Keeps UK High Street Footfall 18 Percent Down on Pre-Pandemic Levels - The Epoch Times

“There has been a slow but steady recovery, with footfall rising by 10.8 percent between May and December across all retail destinations compared with the same months in 2021, according to Springboard, a consulting firm specialising in retail data analysis.”

RedBalloon in the News

ICYMI: Why the Media Relies on INSANE Scapegoating Instead of Actual Reporting | Ep 647 - Stu Does America

“RedBalloon CEO Andrew Crapuchettes joins to explain how his company is fighting against woke culture and government overreach.”

The Daily RedAlert is a collection of news stories that relate to business, the economy and freedom in the workplace. Are you looking for workplace freedom? Apply for work on!

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