Corporations, particularly large ones like Amazon, operate under the premise that they have the right to dictate work conditions for at-will employees, emphasizing shareholder value and innovation. The trend of remote work in the U.S. contrasts sharply with practices in Europe and Asia, which has significantly impacted the commercial real estate market in the U.S. A notable economic strategy involves attracting young, ambitious employees who are willing to work for lower salaries than their more experienced counterparts. This younger workforce, often without personal obligations, presents a unique advantage for companies that can successfully recruit them. Thus, firms that capitalize on obtaining high-quality young talent outperform those that do not.
Kara and Scott discuss Microsoft's plan to reopen Three Mile Island to power its data centers, and Qualcomm's potential takeover of Intel. Then, Nike gets a new CEO, but will the corporate shake-up get Nike back in the game? Plus, Trump's bizarre messaging around abortion, and Kamala Harris's attempt to get another debate on the calendar. Our Friends of Pivot are New York Times reporters Kate Conger and Ryan Mac, who are out with a new book, "Character Limit: How Elon Musk Destroyed Twitter." Kate and Ryan share behind-the-scenes stories from Elon's Twitter takeover, and weigh in on the latest chaos in Elon-land.
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