LEGO Americas Group Senior Vice President Skip Kodak talks about the company's 60th anniversary. Kodak also discusses the challenges LEGO faces in an increasingly tech-conscious world.
The company is celebrating its 60th anniversary with a 10-foot-tall LEGO structure, built from thousands of LEGO bricks. After debuting in New York City, the model will travel the world.
Kodak says the goal of LEGO is always getting more LEGO bricks into children's hands. Kodak explains that while LEGO has been in China for decades, the company still wants to increase its reach there. Kodak says the most difficult part of breaking into the Chinese market is the massive scale of it.
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It's a tough time for the job market. Amid wider economic uncertainty, some analysts have said that businesses are at a “no-hire, no fire” standstill. At the same time, some sizeable layoffs have continued to pile up — raising worker anxieties across sectors. Some companies have pointed to rising operational costs due to U.S.'s new tariffs, while others have redirected money to artificial intelligence investments. Workers in the public sector have also been hit hard. Federal jobs were cut by the thousands earlier this year. And many workers are now going without pay as the U.S. government shutdown has now dragged on for more than a month.
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Jeff Wagoner, CEO of Outrigger Hospitality Group, discusses the company’s coral preservation initiatives and sustainable practices at their hotels and resorts.
