Florida Trend | Florida's Business Authority

Thursday's Afternoon Update

Layoffs could be a big part of Florida's 2023 economic outlook

Floridians can expect to see some changes in the job market heading into 2023. About 21% of Florida executives are in the process of or have already conducted layoffs, according to recent polling of over 500 C-level and senior executives from digital consulting firm West Monroe. The survey found many executives in Florida are planning staff reductions going into 2023, with an additional 26% of executives considering layoffs and just 53% reporting layoffs will not be considered in the next six months. More from the Florida Times-Union.

NHC says chances decreasing for development of tropical storm in Atlantic

Chances for a December tropical or subtropical storm are dropping as a system in the central Atlantic moves toward colder water, according to the National Hurricane Center. The system still has some time to develop into a subtropical system, and there's a 30 percent chance it could become a named storm over the next 48 hours. On Wednesday, chances were 50 percent the system could become a named storm. More from the Pensacola News Journal.

Miami-Dade starts virtual small business incubator to support local entrepreneursMiami-Dade starts virtual small business incubator to support local entrepreneurs

Miami-Dade County Mayor Daniella Levine Cava on Wednesday announced the launch of a virtual small business incubator. Called Strive305, it’s an online platform designed to provide local entrepreneurs with educational resources. It’s a collaboration between the county and area partners Florida International University’s StartUpFIU, Micro Business Catalyst, BizHack and Femcity. More from the Miami Herald.

Central Florida company gives two employees free homes, pledges three more next year

When plumber David Leedy heard his name read at Universal’s Hard Rock Live on Saturday, he was shocked. “Disbelief,” said the 32-year-old Florida native. “I was speechless. It’s a big thing.” Leedy won a brand new home, mortgage-free, one of two given away to employees of Altamonte Springs-based Mechanical One. The company announced the contest for employees to win the homes last year. More from the Orlando Sentinel.

Pasco leaders provide $1M in incentives to lure NY plastic manufacturer

A New York packaging company is moving to Pasco County and creating about 555 jobs in the process. Gary Plastic Packaging Corp. announced Tuesday, Dec. 2, that it is moving into 279,000 square feet of space in a new 400,000-square-foot building currently under construction at the North Pasco Corporate Center. The building is one of two being built on 72 acres in Spring Hill. More from the Business Observer.

Consortium of Florida Education Foundations

Right now, a Florida student is having a learning experience made better by the work we do. Our work is about students. It’s about teachers. It’s about connecting them with the resources they need to be successful in the classroom and in life. Our mission: We connect individuals, organizations and financial resources to build the capacity and impact of local education foundations. [Sponsored report].

Out of the Box
Fashion tech startup Fit:Match makes shopping experience more efficient with 3-D body twin avatars

Fit:Match’s technology can find a customer’s body twin in its digital database, accommodate for shape differences and give recommendations on what will fit and what the customer will like — in about a minute. Fit:Match’s technology can find a customer’s body twin in its digital database, accommodate for shape differences and give recommendations on what will fit and what the customer will like — in about a minute.

» More from Florida Trend.


Business Profile
Do you kill plants, Tampa Bay? This business offers a safe, ‘groovy’ plant space

Monet Izquierdo and Matthew Wolmer have this card they hand out at their business called Plante La Vie. It’s meant to reassure the kind of plant-buying customer who claims to have a black thumb or the ability to make a plant’s leaves droop just by standing near it. “Here’s how to keep me alive,” reads the instructive card featuring a specific plant.

» Read more from the Tampa Bay Times.