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The advertising giant WPP has told its workforce of more than 100,000 employees to return to the office at least four days a week. "From the beginning of April this year, the expectation across WPP will be that most of us spend an average of four days a week in the office," WPP CEO Mark Read wrote in a memo sent to staff on Tuesday and seen by Business Insider. The Financial Times first reported the move. The policy is set to go into effect in April to give staff time to make adjustments and to "address capacity requirements" in offices, he wrote. The CEO said in-office attendance was associated with "stronger employee engagement, improved client survey scores and better financial performance." "I believe that we do our best work when we are together in person," he wrote. "It's easier to learn from each other, it's a better way to mentor colleagues starting out in the industry, and it helps us win pitches as a truly integrated team." Under the new policy, WPP will allow staff one flexible working day a week and consider individual circumstances through a formal approval process, a person familiar with the matter told BI. Read the full memo on BI: https://lnkd.in/eQrxUTeZ (Credit: Reuters) #workfromhome #rtomandate #advertising

Still confused by Meta's move to cut fact-checkers? Here's the rundown on why it matters.

A total of 694 companies filed for bankruptcy in the US last year, the most seen since the years following the financial crisis, according to S&P Global.

While veteran investor Jeremy Grantham hasn't been running a portfolio for 15 years, he still monitors major themes that he thinks are important long-term and yet underrated. It's a task, he says, that requires thinking outside the box. But the payoffs of being ahead of the curve can have "bonanza payoffs", even at the cost of being a lonely market bear. Read the full story and his investing strategy that doesn't require fighting the bull or the bear at Business Insider.

Amid a fracturing social-media landscape and the decline of company loyalty and other evolving tensions between employees and employers in the wake of the pandemic, LinkedIn has grown looser and weirder, more personal and more combative. To some, the professional networking platform has become a dating site; to others, a comedy club. Now a new type of LinkedIn influencer has also emerged, one who instead of touting how to maximize your productivity and get the best out of your workplace shines a light on the darkest corners of work. The HR professionals John Brandon talked to were alarmed by the uptick they'd seen in posts about bad bosses and noxious office behavior. They caution that if workers bypass HR and take complaints to LinkedIn, they risk doing more harm than good. Read more about how people are reporting their horrible bosses on social media and what HR professionals say about it: https://lnkd.in/dAGrq5gY (Credit: Getty Images; Alyssa Powell/BI) #linkedin #toxicboss #influencer

Microsoft is planning job cuts targeting underperforming employees, according to two people familiar with the plans. The reductions are happening across the company, including in its important security division. Read more on Business Insider:

BI has learned that Meta's contract with US fact-checkers will conclude in March.

Sports fans have more ways to watch than ever, but sorting through all those options may be a challenge. A surprise deal between The Walt Disney Company and Fubo will bring competing pay-TV streamers together and immediately end a contentious lawsuit over new sports streamer Venu Sports. By next fall, sports lovers can choose to pay for cable; cable replacements like YouTube TV, Hulu + Live TV, or Fubo; Venu; ESPN's flagship service, or ESPN+. And that doesn't even include Peacock, Paramount+, Max, and Amazon Prime, which also carry sports to various extents, or Disney+, which now has some ESPN content. Confused? So are the media analysts at MoffettNathanson LLC, who said the following in a note: “Why does Disney want to add another streaming platform to its already long and growing list of consumer streaming offerings?” But other observers think this deal is a net positive for consumers, and Disney. “Disney is giving itself a much better chance to succeed,” Tim Nollen told me. He added: “It’s smart to provide yourself with the most options you can.” Read my full story for Business Insider here: https://lnkd.in/e4tN59sg

See the dates that JPMorgan, Goldman Sachs, Morgan Stanley, and more are scheduled to start telling employees their bonuses for 2024.

Bonuses are the most important component of any Wall Street professional's compensation. Thanks to increased deal activity, the bonus numbers are expected to be sharply higher from a year ago. Now, the biggest banks are about to start telling employees exactly how high. Emmalyse Brownstein and Alex Morrell of Business Insider have the calendar here: #wallstreet #bonus #compensation #banks #mergers https://lnkd.in/esY5XQJK