May 26, 2026 After the Shein shock, Everlane’s founder launches his next act BY Elizabeth Segran When Puck announced on May 17 that sustainable fashion startup Everlane had been acquired by Chinese ultra-fast-fashion retailer Shein, it sent shockwaves throughout the apparel industry. Michael Preysman, who founded Everlane in 2011, was just as shocked. “I found out … Continue reading After the Shein shock, Everlane’s founder launches his next act
Tag Archives: Shock’
Oracle layoffs: Stock price rises as sudden job cuts shock employees
March 31, 2026 Oracle layoffs: Stock price rises as sudden job cuts shock employees BY Michael Grothaus Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many receiving an early-morning email announcing their … Continue reading Oracle layoffs: Stock price rises as sudden job cuts shock employees
What is ‘shift shock?’ And how does it impact workers?
May 01, 2024 What is ‘shift shock?’ And how does it impact workers? Three out of four workers say they have experienced shift shock. Here are some strategies to help prevent it. BY Aytekin Tank For business owners, social media has become a valuable resource for understanding employee challenges in today’s fast-changing economy. When I started … Continue reading What is ‘shift shock?’ And how does it impact workers?