In a time where fashion fads are faster than ever and many brands are struggling, Abercrombie & Fitch has executed a remarkable turnaround. The clothing brand, once known for its dark, cologne-drenched stores and attractive employees, languished for a decade. But it's recently begun wooing millennial and Gen Z shoppers — and Wall Street is loving it, too.
Mark Zuckerberg's efficiency strategy is hitting Meta's upper ranks. The company is looking to trim the number of VPs from over 300 to about 250, three people told BI. That means executives aren't safe from high performance standards and intense head-to-head evaluations.
Mid-year performance reviews and "stack ranking" are just a few of the hurdles facing VPs. Michael Shvo made a name for himself first as a broker, then as a developer of glitzy projects in New York City. Shvo has long had a Midas touch.
Over the past few years he's snapped up roughly $3 billion of US property with the help of German investors. But a soft real estate market and a trail of angry business partners and customers are threatening to thwart his big plans. In a 2023 survey, nearly half of Gen Zers said they're fine talking about mental health at the office.
Managers have said their young employees have no qualms about openly discussing it. There's just one problem: A workplace overly focused on mental health isn't always a recipe for better mental-health outcomes. In fact, some researchers think talking about your struggles too much can actually m.
