{"id":608641,"date":"2023-10-23T00:00:00","date_gmt":"2023-10-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/23\/why-are-ceos-resigning-you-can-now-uber-via-hot-air-balloon\/"},"modified":"2023-10-23T00:00:00","modified_gmt":"2023-10-23T00:00:00","slug":"why-are-ceos-resigning-you-can-now-uber-via-hot-air-balloon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/23\/why-are-ceos-resigning-you-can-now-uber-via-hot-air-balloon\/","title":{"rendered":"Why are CEOs resigning? + You can now Uber via hot air balloon"},"content":{"rendered":"

CEOs are running out the door:<\/strong> C-suite executives in US companies are resigning in record-breaking numbers, with 2023 alone seeing 1.4k chief executives leave their jobs, according to an executive coaching firm cited by Bloomberg<\/a>. That\u2019s a 50% y-o-y increase, breaking the record by a margin of several hundred resignations since the firm began tracking them 21 years ago. NGOs and tech companies saw the most turnover, with 350 and 140 CEOs exiting the boardroom, respectively. <\/p>\n

Pandemic burnout is real.<\/strong> We\u2019re still seeing the effects of pandemic burnout<\/a>, according to subject matter experts speaking to Bloomberg, who say that responding to covid-19 was a uniquely stressful experience for those in charge. Only 22% of the CEO exodus is attributed to retirement, and 17% of those who resigned stepped into other C-suite roles, leaving 61% unaccounted for. And with two months left until the end of the year, more could be throwing in the towel.<\/p>\n

Is this a harbinger of recession or a sign of stability?<\/strong> Alexander Kirss, a senior principal in HR at consulting firm Garter Inc. states that historically, CEO turnover is low during times of uncertainty. However, he notes that the constant economic shifts has companies gearing up for big changes and looking for new leaders, perhaps to have a steady hand on the wheel once things are less certain. The trend may inspire even more turnover as companies watch their competitors pass the baton and start considering restructures of their own, he says.<\/p>\n

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Adult ADHD diagnosis may lead to dementia in the future:<\/strong> In a study<\/a> of 100k people, researchers found that an adult ADHD diagnosis could lead to dementia as opposed to people who don\u2019t have ADHD, according to The Guardian<\/a>. A solid link between ADHD to dementia is yet to be made to discover what might trigger the connection, or whether ADHD medication can lower the risk of getting dementia. Nevertheless, the research conducted in 2020 has proven that individuals above 57.7 years of age, and diagnosed with ADHD as adults, are 2.77 times more likely to develop dementia as they age. What is missing from the study are children: Roxana O Carare of the University of Southampton stressed that there is still much more research needed to determine if there is a cause and effect relationship between younger ADHD diagnoses and dementia later in life. <\/p>\n

\n

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Uber<\/strong> is taking the ride-share experience to new heights in Cappadocia, Turkey.<\/strong>Starting today, and for USD 159 per ride, Uber is now offering<\/a> hot air balloon rides over the UNESCO-listed site through its app. Reservations need to be made 12 hours in advance of departure using the Uber Reserve option and will be available starting today until 19 November as it\u2019s the peak season for hot air balloons. <\/p>\n

Turkey represents a key growth arena for Uber and one of the fastest-growing <\/strong>markets<\/strong>.<\/strong>The number of trips booked on the app increased more than 50% since last year and currently has more than 30k taxi drivers working across nine cities, and the highest concentration lies in Istanbul.Turkey\u2019s hot-air balloons come alongside India\u2019s tuk-tuks, Mykonos offering seasonal boats and flights that can be booked to roam the British Isles. These moves come in line with the company\u2019s aim to work on expanding its services beyond conventional taxis and rail-hailing services and getting more involved in the lucrative tourism industry, Bloomberg<\/a> notes. The hot air balloon services plan aligns with Uber\u2019s broader vision of launching new travel options in international markets outside the US, Uber CEO Dara Khosrowshahi explained. <\/p>\n","protected":false},"excerpt":{"rendered":"

The pandemic seems to have the most impact on CEOs choosing to resign<\/p>\n","protected":false},"author":1,"featured_media":608642,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[633,638,1120,441],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-608641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-enterprisepm","tag-for-your-commute","tag-office-life","tag-uber","wpautop","entry"],"acf":{"mongo_id":"74760f52-e7ba-411b-9595-8fce9561c513","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/1128.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[608636],"teaser":"The 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That\u2019s what a recent analysis by The BigDeal, a newsletter covering African startup investments, suggests. The analysis found that Africa-educated CEOs raised less \u2014 both in number of funding rounds (44%) and in amount (28%) \u2014\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/477.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/608641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=608641"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/608641\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/608636"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/608642"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=608641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=608641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=608641"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=608641"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=608641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}