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Silicon Valley Is Losing Its Luster With Millennials

PYMNTS

Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate. The survey also showed the area could become less diverse, with African Americans the leading ethnic groups that signaled they would leave the Bay Area.

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Top News In Payments: Millennials Spend Big On Black Friday; Goldman Investor Day To Focus On Growth Strategy

PYMNTS

In today’s top payments news, millennials — as well as bridge millennials — were big Black Friday spenders this year. Solomon, chairman and CEO, will join the company’s senior leadership team at the invitation-only Investor Day to deliver presentations regarding strategic priorities. They shelled out an average of $479.40

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Expedia Leadership Changes Show Power Of Travel Industry Disruption

PYMNTS

Barry Diller, chairman of the board, and Peter Kern, vice chairman and director, will oversee the company’s executive leadership team. Beyond that, one of the biggest challenges is the tendency of many adventure (and luxury) travelers to share their adventures as part of a group.

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Expedia Leadership Shakeup Shows Power Of Travel Industry Disruption

PYMNTS

Barry Diller, chairman of the board, and Peter Kern, vice chairman and director, will oversee the company’s executive leadership team. Beyond that, one of the biggest challenges is the tendency of many adventure (and luxury) travelers to share their adventures as part of a group.

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The Hybrid Workplace is One Huge Work-In-Process for Banks

Gonzobanker

As bank executives navigate rising rates, margin compression and recession risk in 2023, a striking reality has seeped into leadership meetings: the hybrid workplace is here to stay, and there’s a ton of strategic ramifications to this new aspect of the business.

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New Survey Finds Millennials are Unprepared for Retirement 

Banking 2020

Maybe it is this generation’s record-breaking student debt, or maybe it’s the trend of getting married much later in life, but millennials are known for putting off adult responsibilities. Across all generations, millennials are the least prepared but the most optimistic about the idea of saving for retirement.

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Slack’s Surprise Users Move The Firm To Product Discovery

PYMNTS

As millennials have overtaken the workplace, so too have their preferred ways of communication. “We see it used by interest groups, such as leadership groups, or groups of developers who don’t work together … that’s been a real vector for it to spread,” Henderson told Mashable.