Is Gen Z really a risk to businesses? The City View A lazy, entitled and narcissistic generation, more interested in TikTok than hard work. The stereotypes about Gen Z have, apparently, become so pervasive that managing a young workforce is now considered the biggest business threat by CEOs. Just 38 per cent of executives are “very confident” in tackling demands for better pay and benefits from [...]
Safestay: ‘Strong progress’ as hostel group boosted by Gen Z travel Business Premium hostel group Safestay have significantly shrunk their pre-tax loss as they undergo a gradual post-pandemic recovery supported by investment in new sites and demand from younger travellers. The AIM-listed company reported revenue of £10.7m in the six months ended 30 June 2024, up by 6.6 per cent from £10m in 2023. It reported earnings [...]