Amazon eliminated 100,000 positions in the previous quarter and said its hiring is at the slowest pace in three years. Other large technology companies have laid off tens of thousands of employees and enacted hiring freezes since January.
ODP Corp. earned $20 million in the second quarter, unchanged from the year-ago period. The company had quarterly sales of $2.03 billion, a slight year-over-year decline from $2.07 billion, as its retail sales dropped due to store closures.
AmerisourceBergen earned $406.96 million in its fiscal third quarter, up from $292.12 million in the same period a year ago. The health care distributor had quarterly revenue of $60.06 billion, up from $53.41 billion.
Supplier delivery times have remained longer than usual, and there's no sign of when supply chain bottlenecks will cease, according to global shipping firm A.P. Moller-Maersk. However, Maersk has noted lower wait times at ports last quarter, while freight rates have started to decline.
Demand for logistics warehouse space is accelerating as retailers juggle an unexpected surplus of certain products and a need to maintain higher inventory in the future to prevent shortages. An additional 800 million square feet of space will be needed by the market beyond earlier projections, of which tenants are already leasing some 300 million square feet, according to a Prologis analysis.
Writing an outstanding business-to-business white paper that aligns with marketing goals starts with identifying the right type needed and understanding what makes that particular style work, writes Sarah Parker, who outlines seven effective steps. Parker offers B2B brand examples for each step, including structuring content to generate leads and choosing a title that will attract the right audience.
Knowing that each seller's personality requires a different type of management and defining clear, unchanging quarterly and annual goals can help sales managers get the best from their teams, Corey Weiner, CEO of Jun Group, writes. Having each sales member log everything -- from emails to meetings -- will allow managers to better pinpoint areas for optimization, Weiner adds.
JEM Group CEO Jessica Meyers discusses the value of authenticity and how the mentors in her life -- both intentional and unintentional -- inspired her to mentor others. "I think that if we want to continue to be the best leaders that we can be, having somebody that you can talk to and support you and help you grow, I just think you're never too old for a mentor," Meyers says.
Brandon Hall Group's Cliff Stevenson explains four ways employers can accelerate skills development within the workforce. Give employees mentoring and coaching opportunities, offer stretch assignments or job rotations, provide personalized learning programs and support employees in mapping out their own career paths, Stevenson advises.
