Grounded... The West is squeezing Russia's $19B airline industry as sanctions jolt the economy. Last week, European Airbus and American Boeing stopped supplying parts to Russian planes. Meanwhile, global ticket-booking firm Sabre cut off Aeroflot — Russia's national airline — crippling its ability to sell seats. Biden has banned Russian flights from entering US airspace, and US airlines are rerouting around Russia’s massive airspace. But travelers could pay the price: dodging Russia on long-haul flights (think: NYC to Seoul) eats up more jet fuel and could hike ticket prices.
The Great Wait is over… and your boss wants you to try the new office snacks. Meta, Wells Fargo, and Cisco are reopening offices this month after Delta and Omicron delays. Service workers never got the WFH experience, but most white-collar workers who did have little desire to go back to IRL offices: so companies are dangling revamped spaces to lure them. Dropbox ditched “offices” for open-concept “studios.” Another tactic: Google’s asking staff to come in three days a week, after giving everyone a $1.6K bonus. Companies expect most of their employees to be (partly) in offices by summer.