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Layoffs rose sharply in March, and a quarter of these job losses were due to AI. Job cuts rose about 25% in March reaching 60,620 up from 48,307 cuts the month before. The new data comes from outplacement and executive coaching firm Challenger, Gray & Christmas, who released the report on Thursday. While cuts could be seen across industries, more than 52,000 tech jobs have been cut so far this year with 18,720 happening last month. Reductions took place at major technology companies like Meta, Oracle, Block, and more. However, the report explained that the number was driven up significantly by the workforce reduction at Dell Technologies (DELL), making the t…
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In the world of tax law, truly “free” lunches are rare. Usually, a tax break in one area requires a sacrifice in another. However, if you know where to look, the tax code contains several freebies—legal provisions that allow you to increase wealth, generate income, and gift money without the IRS taking a single penny. Here are five of the most powerful financial freebies available to investors today. 1) The 0% capital gains rate Most investors assume that selling a winning stock always triggers a tax bill. However, for those in the lower income brackets (up to $50,400 for individuals or $100,800 for married couples in 2026), the long-term capital gains tax rate is …
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You have probably noticed that you have times during your day when you’re locked in and feel like you’re working at your peak and other times when your mind isn’t keeping up with everything that needs to be done. Some of that may reflect your circadian cycles. If you’re a morning person, you may arrive at work in the morning raring to go, but if you’re a night person, it may take you a while to get warmed up. A big influence on your cognitive effectiveness is fatigue that can build up over the course of the day. A lot of work on ego depletion suggests that the more difficult mental work you do in a day, the harder it can be to continue to do that work later. In some s…
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The nail is six inches long. Sharpened to a surgical point. Mounted on a hydraulic press behind plate glass. The press drops slowly enough that you can count your own heartbeat between the moment it touches the battery cell and the moment it punctures the casing. I am standing in BYD’s visitor center in Shenzhen, February 2026, shoulder to shoulder with executives from one of Europe’s largest industrial conglomerates. Nobody speaks. Two batteries sit side by side. The first is a standard ternary nickel-cobalt-manganese cell, the kind of chemistry that once powered most of the world’s electric vehicles. The nail breaks the surface. Half a second passes. Then a …
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At first, he appeared in the top corner of a multi-slide TikTok post. Then he was spotted demurely relaxing in a lawn chair on a livestream. Finally, on March 30, Apple’s new mascot, nicknamed “Finder Guy,” made his debut—and the internet has instantly become enamored with him. Finder Guy appeared as part of the rollout for Apple’s MacBook Neo, a colorful, affordable laptop marketed to younger consumers. For the Neo campaign, Apple introduced an entirely new TikTok brand persona on March 4, clearly making a play to capture Gen Z and Gen Alpha viewers by combining trending aesthetics with Apple’s high-design point of view. Popular videos have included a brain-ting…
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These days, tech bros keep talking about “taste”— the ability to exercise human judgment and determine unique responses while guiding a machine. It’s a rare skillset, as some AI-made media automates content in the form of generic slop. And now tech professionals are the very people worried that technology will rob society of any real taste. The New Yorker’s Kyle Chayka, who broke down tech bros’ obsession with taste last month, coined the term “taste-washing” as the act of giving “anti-humanist technologies a veneer of liberal humanism.” In other words: giving AI properties human-like qualities and letting them run with it. When machines do all the creating, what are …
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Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter explores inclusive approaches to leadership drawn from conversations with executives and entrepreneurs, and from the pages of Inc. and Fast Company. If you received this newsletter from a friend, you can sign up to get it yourself every Monday morning. Jim Collins, coauthor of Built to Last and author of Good to Great, didn’t set out to write another management book. His new work, What to Make of a Life: Cliffs, Fog, Fire and the Self-Knowledge Imperative, is a deeply researched meditation on how individuals navigate life’s transitio…
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For too long, design has been too focused on how things look. That makes sense when products are competing for attention. Form becomes a way to stand out, a signal of taste, a shortcut to desire. But it’s fleeting. A shopper may feel good at checkout, then realize later that the product doesn’t actually enhance her life. That’s a failure. Most products don’t fail because they look bad. They fail because they don’t hold up in real life. They’re hard to open, awkward to carry, confusing to use, fine in ideal conditions but frustrating everywhere else. As a society, we’ve been designing for the moment of purchase, not the reality of use, and not for the long term. Re…
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As OpenAI and Anthropic move closer to their planned initial public offerings, more details about the finances of both artificial intelligence giants are starting to emerge. It was no secret these companies were bleeding cash, but seeing the actual numbers is still striking. Neither company has made its filings official. Both are in the process of recruiting investors and have recently closed funding rounds, which meant opening their books. The Wall Street Journal got a peek. According to internal estimates, OpenAI will not turn a profit until 2030, while Anthropic expects slight positive results this year, followed by another year of losses before staying in the gree…
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Microsoft’s AI assistant Copilot is integrated across the company’s products. It’s built into Windows 11, and recent features like Tasks and Pages are marketed as powerful tools for productivity. But one of Copilot’s Terms of Use just caught the internet’s attention for seeming to contradict that image of Copilot as a game-changer in the workplace, instead cautioning users that “Copilot is for entertainment purposes only.” “It can make mistakes, and it may not work as intended,” the statement continues, as written on Microsoft’s Copilot Terms of Use page. “Don’t rely on Copilot for important advice. Use Copilot at your own risk.” That language is a far cry fro…
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Fans of In-N-Out Burger have some good, or not-so-good, news to chew. The beloved chain’s closely-watched location tracker shows six new locations are on the way soon. But these locations won’t see the hamburger chain break ground in new states. While the Irvine, California-based company has been steadily expanding east in recent years, the locations marked as “opening soon” will only deepen its presence in six states: Colorado, Nevada, Oregon, Utah, Washington, and Tennessee. In-N-Out is opening a regional headquarters in Franklin, Tennessee and plans to relocate across the country from California by 2030. But it has yet to make it to the Atlantic Coast—and does…
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On the corner of a tree-lined street in northeast Omaha, Nebraska, two modern and minimalist residences are resetting the standard of what a new house should look like. Their bold orange and navy blue exteriors and spare, geometric forms set them apart from the more conventional gabled houses down the street. The biggest difference, though, is their size. At just 802 and 618 square feet, the two houses are significantly smaller than the average new American home, which has a median area of more than 2,100 square feet. The houses are the first two iterations of OurStory, a housing system envisioned as a replicable, accessible, and above all affordable approach to build…
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In 2025, less than half (48%) of U.S. employees said they trusted their senior leaders, and 40% reported distrust of their leaders and colleagues, signaling a broad erosion of workplace trust. And when you add AI to the mix, things aren’t looking good. In a 2025 YouGov survey, only 5% of Americans say they trust AI. Meanwhile, in late 2025, McKinsey found that 78% of U.S. companies report using AI in at least one business function (up from 55% just a year earlier). Put simply, we’re in an AI-accelerated trust recession. BUILDING VULNERABILITY-BASED TRUST Patrick Lencioni, author of The Five Dysfunctions of a Team, shares that vulnerability-based trust creates c…
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As the trial date nears for a showdown between Elon Musk and OpenAI, the artificial intelligence company has sent a letter to the attorneys general in California and Delaware accusing Musk of “anti-competitive behavior.” The letter, seen by both CNBC and the Sacramento Bee, alleges that Musk has been attempting to undermine OpenAI through a series of “attacks” on the company. OpenAI also accuses Musk of “coordinating his efforts” with Meta founder Mark Zuckerberg, saying the two billionaires are “turning to conduct and approaches that we do think are really highly questionable and sharply worthy of investigation.” “It appears that Mr. Musk has reached new lows, as…
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White-collar workers have been at the center of much of the public handwringing over AI. Entry-level jobs in finance and software engineering seem to be on the chopping block. More college graduates are struggling to find work in a challenging job market, and unemployment ticked up to 5.6% by the end of 2025. Tech companies and other major employers have repeatedly cited AI adoption to justify layoffs. There are, of course, plenty of factors driving these changes beyond AI, including a hiring slowdown. But there’s no denying AI will reshape the labor market over time—and not just for college-educated workers. A new report from the Brookings Institution in partnership…
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When Kitty got her fourth layoff call, she took it via Bluetooth in her car. She knew the script by then: the sudden 15-minute meeting invite, the HR rep that pops into the call, the platitudes that precede the devastation of being unemployed — again. “My boss says, ‘Hi Kitty,’ and I said, ‘You’re laying me off. Just go.’” Something happens after the second, or third, or even fourth layoff. Shock gets replaced by trauma-informed familiarity. Grief turns into exhaustion, shame calcifies. The way a person understands work changes, imbuing the next job with cynicism that’s hard to shake. A layoff victim’s relationship with work changes. Sometimes forever. But in…
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It feels like a “hit-the-brakes” economy, with warning lights flashing everywhere: inflation pressures, AI disruptions, upside-down business models, and a persistent sense that some new market surprise or geopolitical tempest is waiting around the corner. Given these congested, conflicting signals, the instinct for many business leaders is to slow investment, tighten spending, and wait for more clarity. But how companies slow down can make the difference between paying a performance penalty and gaining a performance premium. Our research shows that organizations that keep transformation moving during peak uncertainty significantly outperform their wait-and-see pee…
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We’re in the midst of a child care crisis in America, but when fathers want to take on more childcare to equal their partners’ efforts, they are being stymied by their employers. Max, who requested to go by a pseudonym, spent 15 years as a contractor: no benefits, little job security, and frequent change. When recruited for a full-time role, he was upfront about his wife’s pregnancy and his need to take parental leave when their first-born child was due. “I said, ‘I’m going to be flexible—I don’t have to take off right away and I can do it in stints.’ I was offering these different plans because it was important to me for the company to be successful,” Max says. “…
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Loredana Crisan says her relationship with creativity started when she was 7 years old, sitting with her mother in her family’s kitchen in Bucharest, Romania. “The question she posed was, ‘Do you want to learn piano,’ and as a kid I was like, ‘Yes!’ –– probably because I was singing in the house.” From then on, says Crisan, she never stopped playing. In fact, she ended up as a student studying classical music in a conservatory. “I was very dedicated to music for a very long period of my life,” says Crisan. Now, as Chief Design Officer at Figma, Crisan says her musical training has informed her relationship with her work in ways she never expected. “If we are successf…
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Facing stagnant sales, Panera Bread is aiming to become one of the restaurant industry’s rare comeback stories. The fast-casual chain’s latest move is the introduction of new “Salad Stuffers,” a fresh spin on one of Panera Bread’s most iconic menu items: the bread bowl. Instead of filling a sourdough bread bowl with soup, however, it’s stuffing a handheld Italian-style roll with salad. The idea sounds simple enough, and yet CEO Paul Carbone says Panera thoroughly tested the innovation before adding it to the menu. A team of chefs and bakers experimented with 20 different breads to find one with the desired “fluffy and soft” texture. Any salad on Panera’s menu,…
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The airport is chaos. Lines snake beyond the designated barriers and out the doors as frazzled travelers tug their luggage and scowl at their phones, their grimaced faces even more dramatic in the harsh lighting. I stand in the security queue, sensing the stress emanating from everyone around me like swarms of buzzing flies. A man behind me huffs with dramatic indignation, a couple ahead bickers in hissed whispers “we should have left earlier!”, and someone’s roller bag keeps thwacking my heels. My fists clench as irritation winds me tighter. The security checkpoint seems miles away and my flight is in an hour. I feel myself being sucked into the collective vortex…
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Samsung is saying goodbye to its namesake texting app, at least for United States customers. According to an end of service announcement published on the tech giant’s U.S. support website, Samsung Messages will be discontinued in July. Impacted owners of Samsung smartphones and other gadgets are being asked to switch to Google Messages in the meantime, “to maintain a consistent messaging experience on Android.” All Samsung Galaxy phones run on Google’s Android operating system. To switch to Google Messages, Samsung’s website gives users instructions to download the app from the Play Store, if not already on their phone, and set it as the default. Some people may a…
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Getting a seat at the Masters is notoriously difficult, with tickets to the golf tournament only available to the public through an online lottery that has to be entered a year in advance. But the Masters may have an even more exclusive offering than attendance: a limited edition garden gnome potentially worth thousands of dollars. In 2016, Augusta National, the Georgia golf course that hosts the Masters every year, released the first gnome of what is now a coveted set of ten. Each year, the gnome sports a different outfit. Sometimes it’s a golfer, sporting a set of clubs and a sweater vest. Sometimes it’s an attendee, flexing its badge and a signature Masters snack l…
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Below, Nir Eyal shares five key insights from his new book, Beyond Belief: The Science-Backed Way to Stop Limiting Yourself and Achieve Breakthrough Results. Eyal is a best-selling author, former Stanford lecturer, and one of the world’s foremost experts on behavioral design. His previous books, Hooked and Indistractable, have sold more than a million copies and been translated into 30-plus languages. Next Big Idea Club readers can get an exclusive free download of Eyal’s 5-Minute Belief Change Guide at: NirAndFar.com/beyond-belief-live/. What’s the big idea? The best beliefs are both practical and provisional. They offer just enough certainty to act, yet e…
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GoPro’s announcement that it plans to cut 23% of its workforce this week didn’t come as a complete shock to anyone who’s been following the wearable camera maker over the past few years. Once a leader in the action camera market, the company has seen its stock fall from highs of more than $93 in 2014 to just 80 cents today. The $10 billion valuation it once boasted is a distant memory. (GoPro’s current market cap is just under $122 million.) Now it’s betting on an ongoing turnaround plan to stabilize the business. Part of that plan involves becoming an even leaner operation. GoPro will lay off 145 of its 631 employees starting in the second fiscal quarter. That wi…
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