Embracing the Rise of Managerial Cities

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The shift towards remote work due to the pandemic has led to a significant increase in employees working for managers in different metro areas, a 36% rise compared to pre-pandemic times. This change in dynamics, moving away from the traditional setup of bosses and employees sharing the same physical space, is creating a new city hierarchy in the US. Cities like San Francisco and Boston are emerging as leadership hubs, where managers are clustered, while cities like Las Vegas and Houston are evolving into workforce nodes, where regular employees reside. This transformation is not only influencing intercompany dynamics but also contributing to the formation of a 'great divide' among cities, marking a noteworthy shift in the traditional workplace structure.

Episode 312: Neal and Toby discuss Elon Musk’s quick trip to China that gets him clearance for Tesla to use their driving systems in the country. Then, Paramount’s CEO Bob Bakish stepped down after weeks of speculation that his relationship with the majority owner had soured. Next, remote work has led some cities to becoming hubs where managers and leaders tend to live. Also, Saudi Arabia is trying to seduce fresh financiers to invest in their ‘city of the future’ Neom. Meanwhile, Toby looks at the trend of shopping at multiple grocery stores. Lastly, the MLB uniform drama has come to an end with Nike holding the bag of blame.

Correction: Robinhood's 1% account transfer promo ends 6/28, not 6/30 as stated in the episode.

00:00 - Intro

2:15 - Tesla’s future in China

6:30 - Paramount’s CEO shakeup

11:00 - Managerial cities

14:30 - Saudi Arabia’s futuristic city

18:00 - Grocery shopping trends

22:00 - MLB jersey controversy

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