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Restaurant and trade groups said they have submitted enough voter signatures for a ballot measure to try to halt implementation of a new California law that would set minimum hourly wages for fast-food workers in the state starting next year, The Wall Street Journal reports .

Big Four Accounting Consultants Trimming Staff The Big Four accounting firms are trimming staff after forecasting slower growth as more businesses scale back on third-party help in certain areas, the Wall Street Journal reports .

Audio streaming platform Spotify is preparing to lay off 17% of its workforce or about 1,500 employees, the Wall Street Journal reports .

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The fight was closely watched on Wall Street because it marked the first time a labor union used tools traditionally employed by hedge funds to push for board seats at a corporation.

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“Organizations may be underestimating the importance of internal advancement as a means of retaining of high performers,” determined Benson and Rissing in their 2020 paper, “ Strength from Within: Internal Mobility and the Retention of High Performers. ” "Careers in 2023 are like rock-climbing walls, and we’ve got to offer people different rocks to be able to jump to."

“There’s going to be a contentious fight over this in the courts and if there is a change in political power at the federal level there’s going to be a continuation of this ongoing instability,” Peter Norlander, a professor at Loyola University Chicago who studies gig work, told the Wall Street Journal .

One of Raul Vargas’ first moves as new CEO of Farmers Group was to reverse the company’s previous approach to working remotely by requiring most employees to be in the office three days a week, the Wall Street Journal reported .