Did you check out the Michael Cohen testimony yesterday? I didn't see a minute in real time myself, as I was busy in meetings and trying to run my business all day. Maybe you were too.
But a lot of Americans skipped out to watch them -- or were at least distracted -- to the point where they almost needn't have bothered going to work. I wonder how many of your employees were among them.
Anyway, that's the conclusion of a study by the outplacement consulting firm Challenger, Gray & Christmas, which concludes lost productivity due to to people watching the hearings at work added up to $3.83 billion.
"The nation is rapt," John Challenger, the firm's CEO, told USA Today. "Employers will find it difficult to reign in interested workers ... it will impact their teams' productivity.''
And I expect I'll get equal numbers of emails from readers later today saying either "Cohen is a liar and a felon!" and "It was worth it to hear him call Trump a liar and a racist!"
But welcome to 2019. I think we're going to see a lot of this kind of stuff. You might want to think how it's going to affect your business.
Here's what else I'm reading today:
- Starbucks and McDonald's are reinventing paper cups.
- Ouch. Steve Wozniak says he no longer respects Mark Zuckerberg.
- I give up, you'll just have to figure out this Elon Musk tweet for yourself.
- If you own a grocery store, you'll feel this: post-shutdown, SNAP payments are 50 days behind.
- This biotech company makes the Impossible Burger possible.
- With 15,000 students, Y Combinator's Startup School will roughly be the size of say, Boston University.
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