BuzzFeed Hits Brakes: Announces Layoffs, Ad Restructuring

More than 115,000 postal workers at Royal Mail are set to strike following the result of a ballot announced yesterday (19 July), while the postal operator has reported an 11.5% drop in sales in Q1, as it holds its 2022 Annual General Meeting (AGM) today. The Communication Workers Union (CWU), which represents Royal Mail Group workers, has voted by 97.6%, on a 77% turnout, to take action. This represents the biggest mandate for strike action ever reached since the 2016 Trade Union Act was implemented. The union is demanding that Royal Mail group enters into negotiations to secure a “straight, no-strings” pay increase for workers.

2020 saw dramatic changes to the way society lives. How people work and socialise might have changed forever. Consumption habits have also changed, which has had major impacts on the packaging industry. In a year when some industries struggled, the packaging industry reported increased volumes and revenue, in part, due to a surge in online shopping. But consumers are conscious of their impact on the environment and are demanding more sustainable packaging choices to be used. A recent survey shows that UK consumers believe paper-based packaging to be better for the environment and is the preferred packaging choice for many. The study, commissioned by not-for-profit organisation Two Sides and conducted by independent research company Toluna, aims to understand changing consumer perceptions towards print, paper and paper-based packaging. See more at: https://www.twosides.info/UK/packaging-preferences-unpacked/?utm_medium=email&utm_campaign=TSUK%20Packaging%20Preferences%20Unpacked&utm_content=TSUK%20Packaging%20Preferences%20Unpacked+CID_683d50ad23c868cdb1a689f14452563c&utm_source=Email%20marketing%20software&utm_term=Read%20More

The American Forest & Paper Association (AF&PA) President and CEO Donna Harman issued the following statement regarding the Securities and Exchange Commission’s (SEC) Proposed Rule 30e-3 in light of the agency’s recent hacking announcement. The rule would eliminate the current default requirement for financial companies to transmit information to their investors in paper form. “Government agencies have a responsibility to protect citizen’s right to choose how to receive information and services, particularly when it involves a person’s finances. The SEC’s own survey confirmed that the majority of investors prefer to receive financial information in printed form. Investors must be able to receive important financial documents easily and securely. Paper provides the broadest access to all investors, and therefore, should continue to be the default method of delivery.”