Atom, one of the UKs first digital challenger banks, has introduced a four day week after a review established that customer service and productivity would be unaffected; and all without any reduction in salary!
They aren't the only ones - Iceland has experienced huge success with their four day week; 86% of their workforce have either moved to shorter hours for the same pay, or have the right to.
Whilst there is no doubt that implementation of such a plan comes with its complexities, it will be interesting to see how these changes impact 'deep work' and whether it blurrs (or indeed clarifies) the lines between work and leisure time.
And as for productivity, it seems most of us only manage between 3 & 5 hours a day, so we doubt it'll have any great impact for the majority.
UK ECOMMERCE NEWS
Boots, Ocado and Homebase join LK Bennett in rolling out Bitcoin cashback scheme.
Naked Wines returns to profit as it stockpiles booze ahead of Christmas.
Wincanton boosted by e-commerce boom.
eBay UK Partners with InPost To Provide 2500+ Parcel Lockers.
M&S teams up with toy retailer FAO Schwarz in time for Christmas.
OnBuy posts 224% revenue growth.
INTERNATIONAL ECOMMERCE NEWS
Stoov launches in France and Denmark.
Harley Davidson launches online.
Uber to upset rapid grocery delivery space as it plots its own service.
The Children's Place launches tween brand Sugar & Jade.
Mango launches new Alter Made label in Spain, France, Germany, Netherlands.
(UK Fashion Network)
Ireland’s Fonoa raises $20.5M to help digital-first businesses stay tax compliant as they scale globally.
Austrian fintech unicorn Bitpanda and French financial super-app Lydia join forces to bring digital asset investing to everyone.
iCandy goes big with a major $40m cap raise, backed by $2bn unicorn Animoca Brands.
South Africa’s Mobiz nabs $4M to expand personalized SMS marketing into the US.
IN THE MARKETS
Google is adding some new predictive elements to Google Ads insights.
(Social Media Today)
Nike makes first foray into Metaverse with ‘Nikeland’ on Roblox.
Snapchat adds new 'Food Scan' capacity.
(Social Media Today)
Perfect Corp. enters men's grooming market with AR beard tools.
Studio launches in-app live stream shopping channel ‘Studio Live’.