A family firm's 'touchy-feely' lessons offer a rare stability in today's volatile job market. The company has never had a layoff in 75 years, a streak built on careful planning and a culture that prioritizes people.
The approach stands in contrast to recent moves across corporate America. Microsoft is offering buyouts to about 25% of its workforce, signaling a strategic shift rather than broad layoffs. The tech giant aims to realign resources with its cloud and AI priorities.
Meanwhile, a growing number of CEOs are returning to school after reaching the top. Executives say continued learning helps them navigate rapid technological change and evolving market dynamics. These leaders are pursuing advanced degrees and executive education programs.
Together, these stories reflect a broader tension in business between preserving stability and adapting quickly. The family firm's long-standing commitment to its employees offers one model, while Microsoft's restructuring and the CEO education trend show other paths companies are taking to stay competitive.
Source: Wall Street Journal US Business · Summarized by HeadlinesBriefing