This sure was a week for the history books. As if last night's revalation that a certain man whose name starts with "D" and ends in "onald Trump" has coronavirus wasn't enough to carry a week-long news cycle on its own, each of the past several days has been packed full of news.
Whether it's massive layoffs COVID-19 outbreaks, we at Thinknum Media spent our week digging through the numbers behind the news of the week.
Finance fumbles its return, companies lay off thousands
- Less than a week into reopening offices, JPMorgan had to send multiple employees home after they tested positive for COVID-19. Across the board, companies like JPMorgan and Goldman Sachs have dropped the ball on protecting employees after reopening. Others, meanwhile, are sending employees to the woods (yes, an actual forest) and moving their firms to be entirely remote. Read the full story here.
- Disney Land and World aren't the happiest places on earth anymore on account of Disney laying of 28,000 employees across its three U.S. Parks. Job listings are looking especially thin in Florida where flagship park Disney World is. There are only 16 open jobs across Disney's many branches. Read the full story here.
- FAANG still isn't hiring for software engineers. Apple and Amazon, the two companies hiring the largest volume of engineers, still have 35% and 36.5% fewer listings than in January. We tracked hiring data for FAANG companies across a number of tech categories and found that overall, everything is on the decline. Read the full story here.
Here's what consumers are buying... and wishing they hadn't
- Taylor Swift is ending the last great... British dynasty? Swift's new album "Folklore" beat out the Beatles' "Abbey Road" anniversary album on Amazon in September. "Hamilton's" Disney+ release seems to be having a lasting impact as well. Read the full story here.
- Sephora is one of the most innovative companies in the cosmetics space when it comes to adapting to the challenges of COVID, which has everyone locked at home and bare-faced. But that doesn't mean people like their products very much. We compiled the worst-rated products from the company on Amazon, along with some scathing reviews. Read the full story here.
- Forget the startup lingo. Forget venture capitalists. Maybe it's better to build a company the old fashioned way. That's what businessman Nick Huber thinks, and he's finding stories of companies that grew slowly over time to be worth millions on his new podcast, Sweaty Startup. Read the full interview here.
- First it was farming. Then it was manufacturing. Could investment be the next big "job" for the general public? Investor and founder Balaji S. Srinivasan thinks so. We broke down his insights here.
- Our next one is, well, maybe the opposite of a thought leader, considering he can't start a new company for 7 years. Marred by scandal, former Cambridge Analytica CEO Alexander Nix can't start a new business for quite some time. We broke down why here.
About the Data:
Thinknum tracks companies using the information they post online, jobs, social and web traffic, product sales, and app ratings, and creates data sets that measure factors like hiring, revenue, and foot traffic. Data sets may not be fully comprehensive (they only account for what is available on the web), but they can be used to gauge performance factors like staffing and sales.