Future of Work Roundup - Week of February 13

Welcome to the Future of Work Roundup. Each week, we bring you five top stories—drawing from the latest academic research and industry trends—to give you an easily-digestible snapshot of how work is changing—and why it matters.

Babysitting rates surged nearly 10% last year

Axios reported that babysitting play rates ballooned by nearly 10% last year, after an 11% hike in 2021. This trend is attracting teachers, nurses, and other skilled workers into the career — which has only fueled rates faster.

Future of work mistakes IT leaders must avoid

CIO outlined 8 "future of work" mistakes IT leaders must avoid. One of particular note: "Being slow to experiment with future tech".

Great places to live for remote workers

The Wall Street Journal reports on the cities with the attributes that people say they crave most when working remotely. We think you'll be surprised at the ones topping the list.

Apple avoids job cuts because it didn’t overhire

A new article in Bloomberg describes how Apple has avoided layoffs, citing more efficient hiring during the pandemic as a key factor. On top of that, the company generated far more revenue per new hire than its peers, according to data compiled by Bloomberg.

Meta planning even more job cuts next month

After laying off 11,000 employees in November, Meta is reportedly expecting even more job cuts next month. “Further cuts are expected around March, as the company is currently going through performance reviews of staff, three current and former employees said,” the Financial Times reported on Saturday.

Thanks for reading. Stay tuned for next week’s Future of Work roundup.