Juul set to cut 500 jobs, Beyond Meat serves up first profit, and more top news
Getty Images

Juul set to cut 500 jobs, Beyond Meat serves up first profit, and more top news

The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments. 

Juul is set to cut about 500 jobs by the end of the year, accounting for 10-15% of its workforce. The cuts, first reported in The Wall Street Journal, come as the e-cigarette maker’s CEO says the company is undergoing “a necessary reset” in an attempt to repair its relationships with regulators. Recently, Juul has been hit by a proposed ban on vaping flavors, that account for about 80% of its sales, as well as its link to vaping-related lung illnesses. Until September, Juul had been hiring on average 300 new employees each month. ? Here’s what people are saying.

Beyond Meat is enjoying the taste of success, reporting its first quarterly profit with a net income of $4.1 million — up from a loss of $9.3 million a year earlier. The plant-based burger maker, which went public in May, saw sales more than triple to $92 million in the three months ending Sept. 28. Meat alternatives is one of the food industry’s hottest sectors: Sales increased 9.2% in the year ending August, compared with traditional meat sales, which grew just 1.9%. ? Here’s what people are saying.

Letting politicians post ads with false claims on Facebook is “a threat” to what the company stands for. That’s according to the social network’s own employees, who penned a letter — obtained by The New York Times — to CEO Mark Zuckerberg, objecting to a recent decision giving politicians free rein. It’s the latest example of internal tumult at a tech company: Last year, Google workers walked off the job protesting payouts to executives accused of sexual misconduct, while Amazon’s employees have been pushing for climate change action. ? Here’s what people are saying.

British Prime Minister Boris Johnson’s bid for an early election was defeated overwhelmingly in Parliament after opposition Labour Party members boycotted the vote. But two other parties offered to join Johnson in proposing a law — requiring a smaller majority for passage — that would still allow for an election this year. The developments follow the European Union’s agreement to extend the deadline for taking Britain out of the bloc until the end of January. ? Here’s what people are saying.

The adage that you need to taste failure before you can truly succeed in your career is gaining credence from an unlikely source, The New York Times says. Decade-long scientific research from Northwestern University published by “Nature” found that workers who encountered early-career stumbles are more likely to come through the experience stronger than those who hadn’t experienced a setback. It’s not merely “survival of the fittest,” the study’s co-author noted. Rather, an improved performance “is causally linked to the near-miss event itself.” ? Here’s what people are saying.

Idea of the Day: A good debate can help surface the best decision, says Brian Tyler, CEO at McKesson.

“Once you start regularly engaging in respectful debate, it becomes a very normal part of how thoughtful decisions are made. And the value of diverse perspectives becomes powerful and clear.”

What's your take on today’s stories? Share your thoughts in the comments.

?The Daily Rundown is now on Alexa! To listen to the professional news trending on LinkedIn, ask, "Alexa, what's the latest from LinkedIn?" or add LinkedIn to your Flash Briefing.

Jessica Hartogs 

LINDA HITT.KEMPF.RN.DON.LNHA. .

ALL ABOUT CARE 4 SENIORS...CARE CHECK??MOBILE/502.641.5313 OFFICE 502/244CARE

3 年

Mallory

回复
Sean Fodera

?? ???? ???????? ??????????, ????????????????????, ??-???????? ??????????????????

5 年

Dear LinkedIn Daily Rundown (US), LinkedIn Editors?and my fellow LI Rundown readers, It saddens me to say, but this is my final day Following this account. Clearly,?LinkedIn?has decided that clicks matter more than usability. At close of business today, I will unFollow this account. Thank you all for the sometimes contentious, often entertaining, but always informative discussions here. It has been a pleasure to share views with and get different perspectives from you all. Whether you are a Connection of mine, or just someone I know through these discussion threads, there are very few of you with whom I wouldn't be glad to have a drink and a meal in the real world. I wish you all continued and future success in your business and personal lives. If we are Connected, I'll probably see you in other threads, but LinkedIn Daily Rundown (US)?really has been the majority of my engagement on LI. I suspect I'll be less of a presence on LI going forward. All best, and fight the good fight, Sean

Alex Ahom

Future of Work | People & Culture | Diversity Equity & Inclusion - Building a better workplace for everyone to grow in.

5 年

It’s easier than ever to say “yes” to everything without realistically gauging your ability to deliver, do you want to stand out from the next person? Make it a goal to always, always, always follow up on your commitments. Agree?

回复
Sean Fodera

?? ???? ???????? ??????????, ????????????????????, ??-???????? ??????????????????

5 年

LinkedIn Daily Rundown (US), LinkedIn Editors. Thank you for your lack of response to our complaints about this awful new format for the Rundown. This is not the sort of customer service I have come to expect from LI. I will give it a few more days before unsubscribing. I will regret no longer getting my news here, and no longer being as engaged a user as I have been.

要查看或添加评论,请登录

LinkedIn Daily Rundown (US)的更多文章

社区洞察

其他会员也浏览了