The lowdown on effective altruism
Disney employees are done with the Cinderella treatment. Newly returned CEO Bob Iger has a union negotiation headed his way as workers seek higher wages and improved benefits. The question is whether the big cheese at The Mouse will bow to theme park staff, especially with his focus set on streaming.?
Effective altruism may not be as selfless as you think. Following the collapse of FTX, former CEO Sam Bankman-Fried’s philosophy of “effective altruism” (EA) has come under scrutiny. Though it promotes doing the most good for the maximum number of people, EA might also be a way for the rich to mask less charitable interests.?
What’s your take on the effective altruism debate?
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Population aging will shift the centers of global manufacturing.? As China’s workforce shrinks and wages rise, the locus for world manufacturing will likely move to younger nations like Bangladesh and Mexico.?
Indian workers may have been the worst hit by US tech layoffs. A reported 62,000 Indian workers have lost their jobs in the US this year. Amid?widespread recruitment freezes, H-1B visa holders are in an especially precarious situation, as they only have 60 days to find new employment.
Retaining employees is about giving them a sense of purpose. In a video interview, celebrity chef Marcus Samuelsson, founder of Red Rooster in Harlem, New York City, talks to Quartz about how creating a mission and fostering a sense of belonging is central to how he runs his restaurant.
We’re obsessed with bellwethers. If you want to know which way the economic winds are blowing, look no further than a “bellwether”—a company whose performance is seen as a leading indicator of market trends. Learn which bellwethers you should be keeping an eye on in this week’s Quartz Weekly Obsession.? ?