Accounting and consulting giant PricewaterhouseCoopers announced it will allow all 40,000 U.S.-based service employees — nearly three-quarters of its U.S. employees — to work from home. PwC employees may see a pay cut if they relocate to a lower-cost city to match current compensation levels in their new area. The announcement is the first of its kind from a professional services firm in the U.S.

Remote work is popular, but ‘moments that matter’ happen onsite, say top executives - Fortune

Hybrid Work Environments Require New Communication Strategies - Forbes

@growingwisdom: Change with the times or make room for those who do. #WFH

The Office of Personnel Management issued a memo Friday noting that President Joe Biden’s vaccine mandate for federal employees can be enforced starting Nov. 9. The memo advised agencies to begin enforcement with a five-day period of counseling and education and give employees a chance to show they started the vaccination process or request an exception.

With a federal vaccine mandate coming, OSHA prepares for enforcement - NPR

Biden urges public to get vaccinated after acknowledging 700K COVID-19 deaths - The Hill

U.S. car sales dropped about 26% in September as the continued chip shortage and other supply disruptions cut into vehicle availability and fueled rising prices. Supply chain shortages will likely linger as cargo ships anchored off the West Coast could face a month-long delay to dock amid port staff shortages. Consumer prices hit a 30-year high in August as the PCE price index rose 4.3%.

Audi CEO sees chip shortage as 'perfect storm' but will get through it - Reuters

Global chip shortage hitting Samsung worse than Apple - Tom’s Guide

@ianbremmer: The last time the US and Western Europe experienced sky-high inflation was in the 1970s, @adam_tooze reminds #GZEROWorld. We're still "working off the hangover" and panicking over inflation. "We need to update our economic vision." @gzeromedia

The White House National Security Council will host a 30-country meeting to address ransomware and cybercrime, Biden said Friday. The session will also cover the illegal use of cryptocurrency. The Transportation Security Administration issued emergency regulations following a cyberattack on the Colonial Pipeline shut down earlier this year to prevent further attacks, although some critics say the regulations could impact pipeline reliability.

Risky business: walking the tightrope between cybersecurity and business productivity - Teiss

Companies are using a growing number of tracking services as employees work from home - NPR

Three Tips For Equitable Digital Transformation - Forbes

More airlines announced vaccine requirements for employees last week following United Airlines’ announcement that it will terminate 600 employees who refuse to get vaccinated. American Airlines, JetBlue and Alaska Airlines will require all U.S.-based staff members and some international crews to be vaccinated. Delta Airlines is currently evaluating Biden’s mandatory vaccine order.

United CEO: Employee Vaccine Mandate Was “The Right Decision” - TravelPulse

@warrenleightTV: I'm glad American Airlines is mandating the vaccine, but they should have taken action earlier. Like many fear-based corporations, they waited to see how it would work out elsewhere. United Airlines showed true leadership here, American Airlines hedged while people died.

"Economists are optimistic about U.S. consumer spending. One reason why: lower-income households account for a significant proportion of excess savings and are more likely to spend it. An interesting chart from the Morgan Stanley team led by Ellen Zentner:" - Lisa Abramowicz on Twitter / Source: Federal Reserve Board, Morgan Stanley Research

CONTENT FACTS

Turbine Labs has tracked 8,014 media articles and blogs and 12,114 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Tuesday, October 5, at 9:30AM ET....