Recently, Tupperware filed for Chapter 11 bankruptcy. Many are wondering if this marks the end for a brand that has long been synonymous with high-quality food storage containers. The answer: not necessarily. Filing for Chapter 11 bankruptcy doesn’t mean a company is shutting down. Instead, it allows the company to restructure its operations and business model, giving it a chance to recover and compete again in the market. To better understand, let’s look at three major companies that successfully emerged from this crisis. 1. General Motors (GM) In 2009, GM was on the verge of collapse. However, after a significant restructuring, they bounced back by introducing new car models, including the Chevy Volt, which transformed the electric vehicle landscape. Today, GM has returned as one of the largest car manufacturers in the world, with an annual revenue of $48 billion. 2. Marvel Entertainment Marvel nearly went bankrupt in 1996, but they soon began releasing films like X-Men and Spider-Ma...
SENGGOLAN Ustadz Muhsin Labib Deru klakson memekakkan telinga, asap knalpot menyesakkan dada, dan di antara jalinan besi dan aspal yang tak berujung, kita hidup. Pagi ini, dalam perjalanan menuju kampus, ironi kekerasan Ibu Kota kembali menampakkan wajahnya. Bukan baku hantam, bukan pula amukan massa, melainkan sentuhan sepele yang menguak retaknya kesabaran dan menelanjangi individualisme yang kian membudaya. Motor yang membonceng saya menyenggol mobil yang tiba-tiba berbelok. Insiden kecil, begitu sepele. Namun, di tengah kepungan kendaraan yang berdesakan, di bawah tatapan lampu lalu lintas yang tak sabar, sebuah drama mini pun terhampar. Si empunya mobil menepi, lebih memikirkan goresan pada bodi kendaraannya daripada keselamatan manusia yang baru saja disentuhnya. Kami pun menepi, bukan karena khawatir, melainkan demi menghindari sumpah serapah klakson dan tatapan kesal para pengendara di belakang yg tak sudi kemacetan bertambah. Mobil menepi, pengemudi bergegas turun dg ...
Exploited by Platforms? No paid leave system (leave means not working but still receiving a salary). No work, no income. When drivers take a break or do not work, the algorithm penalizes them by reducing their orders. This is deeply concerning. Previously, gig drivers enjoyed a period of prosperity, but now they can only reminisce about it. Bonuses have shrunk and become harder to attain, while platform fees have increased, leaving many drivers struggling to make ends meet. Some of the financial burdens faced by gig drivers include: Daily electric motorcycle rental fee of IDR 50,000. A 20% platform fee deduction. A system that assigns two food delivery orders but pays only for one. No access to social security (BPJS Ketenagakerjaan). Orders determined entirely by algorithms. Gig drivers are now suffocating under the pressure of the electric vehicle transition. Ride-hailing platforms prioritize profit maximization without considering the well-being of existing drivers. "What we nee...
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