Afternoon Coffee: Payroller ADP Acquires WorkMarket, Coca-Cola Outlines Ambitious Recycling Goals


In case you missed it, ADP announced earlier Monday it would acquire WorkMarket for an undisclosed sum. The acquisition reflects a number of important human capital trends, including the increasing use of skilled non-employee labor to perform tasks or projects and, more recently, the growing recognition that businesses need to more deeply integrate their internal employee and external contract workforce, our own Andrew Karpie writes.

Stay tuned for further coverage of the acquisition on Spend Matters PRO. It the meantime, be sure to check out our prior coverage of WorkMarket in the related links at the end of the article, as well as our deep dive Vendor Snapshot on the provider:

Recycling Coke Bottles

Coca-Cola announced a goal as part of its sustainability initiative to collect and recycle the equivalent of all of the packaging it puts out into the world by 2030, the Wall Street Journal reports. The program is part of the soda company’s “World Without Waste” initiative, which also includes investments in more efficient packaging, local recycling programs and consumer education.

Amazon Go is a Go

The “grocery store of the future” opened in Seattle Monday as Amazon Go allowed customers in for the first time. As the New York Times reports, the store, announced over a year ago, uses computer vision and machine learning technology to allow shoppers to choose items and check out without interacting with cashiers.

Consumer Sentiment

And finally, an economic update: Consumer sentiment fell in January for the third-straight month after hitting a record high in October, CNBC reports. The University of Michigan index used to track consumer attitudes about the economy dropped to 94.4 for January, while economists had expected an increase to 97.

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