Task board is stacked… with nothing checked off. Software company Asana is a one-stop shop for online project management with 100K+ paying customers worldwide. Asana's revenue tripled to $90M last quarter as corporate customers more than doubled, which helped it notch a $20B market cap. Now Asana is focused on expanding its business overseas and growing partnerships with companies like Zoom and Vimeo. We’ll see whether that boosted Asana’s sales when it reports on Wednesday.
Help (still) wanted... even as people flock back to work. After the pandemic triggered millions of layoffs, the job market is heating up again. Last week, the number of Americans claiming jobless benefits hit its lowest level in more than 50 years. October hiring surged as bars, restaurants, and hotels rushed to staff up despite an ongoing labor shortage — which hasn’t been cheap. Retailers are hiking wages and offering free tuition to snag employees. We'll see how the labor rebound is faring when the November jobs report drops on Friday.