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Yahoo
a day ago
- Business
- Yahoo
Shark Tank star Kevin O'Leary blasts the 4-day week as the ‘stupidest idea' because the digital economy means we're always working
Millionaire judge Kevin O'Leary isn't a fan of the shift to a four-day workweek, laughing off the idea in a recent Fox News appearance. Instead, he said in today's modern workplace, everything is project-based, and tasks need to be completed by their deadline: 'There's no such thing as a workweek anymore.' If you have dreams of never working Fridays again, you may want to lower your expectations—at least if you work for Mr. Wonderful. Shark Tank star Kevin O'Leary, who's known for his blunt communication style, was asked about a growing trend among workers for a four-day workweek. It's something that France, in particular, is exploring, on top of already capping work at 35 hours. 'That's the stupidest idea I have ever heard,' O'Leary told Fox News. 'I think we should let the French go to a two-day workweek and then kick their ass internationally.' At the same time, the 70-year-old acknowledged that the traditional 9-to-5, five days a week work schedule is not what it used to be. In fact, with 40% of his staff working remotely around the world, he admitted he doesn't care when his staff does their work—as long as it gets done on time. 'There's no such thing as a workweek anymore anyway on a digital economy, post-pandemic,' he added. Fortune reached out to O'Leary for comment. For workers, a four-day workweek is more than just about having a longer weekend; it's about providing extra flexibility and work–life balance, while also minimizing burnout. In fact, some 77% of workers say a four-day workweek, even if it still means working 40 hours, would have a favorable impact on their wellbeing, according to a survey by Gallup. At Exos, a performance coaching company with over 3,500 employees, a four-day workweek was implemented, and the results were largely positive. Teams were allowed to take one day as a 'You Do You' day, and productivity increased by some 24%. Burnout was cut in half. Other business leaders have started paying attention, too. About 30% of CEOs are now considering new organization-wide work schedule shifts, like a four or four-and-a-half-workweek, according to a KPMG survey of 100 CEOs of U.S. companies with over $500 million in revenue. Earlier this year, the Tokyo Metropolitan government began allowing its employees to work only four days a week in an attempt to help alleviate its growing population crisis and allow parents to better balance childcare and work. The governor of Tokyo, H.E. Yuriko Koike, told Fortune at the Most Powerful Women International summit in Riyadh that a four-day work is key to building a modern workplace. 'We must build a society where everyone can balance work and family life, and one step forward is the four-day workweek,' she said. 'Flexible systems like this allow both women and men to choose a work style that reflects their circumstances.' O'Leary isn't the only shark eager to share his opinions on hot-button topics affecting the workplace. Daymond John recently posted to TikTok to express his thoughts on a growing trend of 'loud quitting.' 'You see a bunch of people loud quitting, you better pay attention to what's going on with your staff and your team, because you awoke so much emotion that these people have collectively started saying 'I don't care what happens to me, [and] out publicly, this place sucks,'' John said, adding that he thinks 'that's absolutely amazing.' For workers simply looking for a raise, self-made millionaire Barbara Corcoran shared her thoughts earlier this year. 'You want to prepare for the meeting by making a list of everything you are hired for and then everything you are actually doing right now and share that with your boss,' Corcoran said in an Instagram post. 'Don't go in there and say you want a raise,' she added. 'Say you want a 10% raise and you're in a much better negotiation position to maybe get 8%. Name the number.' This story was originally featured on
Yahoo
10-05-2025
- Business
- Yahoo
Shark Tank's Kevin O'Leary offers TikTok deal update
Since Donald Trump returned to the White House, many people have been asking a question that remains unanswered: Will TikTok be sold or banned? Over the past year, the fate of the popular video-sharing app came into sharp focus as the United States has heavily scrutinized it due to national security concerns. The platform is owned by Chinese tech conglomerate ByteDance. 💰💸 💰💸 When President Trump wanted to see TikTok sold to a U.S. company so that it could remain available to U.S. users, groups of buyers quickly began to surface. Almost every one included high-profile titans of industry, including Shark Tank judge Kevin O'Leary. O'Leary may not make as many headlines as former Shark Mark Cuban, but he remains a respected figure in the investing community. In an X post, he recently provided an update on his plans to acquire TikTok. Often referred to by his nickname, Mr. Wonderful, O'Leary has been a respected voice in the investment community for many years. A longtime member of the Shark Tank judging panel, he has invested in many startups over the years, garnering a reputation as being frank and honest in his critiques of businesses.O'Leary doesn't just maintain that personality on Shark Tank, though. He's never been one to shy away from controversial topics, espousing views that support the trade war with China, even as the tariffs continue to wreak havoc on the global economy. Right now, though, O'Leary is highly focused on his bid to acquire TikTok, as he recently shared in a TV interview. During an appearance on Fox Business, he emphasized that he wants to finalize a deal, saying he expects an agreement to be reached soon. O'Leary isn't trying to buy TikTok alone, likely because his net worth wouldn't allow it. Instead, he's opted to team up with real estate mogul Frank McCourt and Reddit co-founder Alexis Ohanian, forming a group that has been dubbed The People's Bid for TikTok, though it is not immediately apparent who 'the people' are in this the past few months, President Trump has several times pushed back the deadline for TikTok to reach a deal with a buyer to avoid being banned in the U.S. But while O'Leary thinks that pressure is mounting for a sale to be made, he doesn't believe the deadline will be further extended past June 19, 2025. As O'Leary sees it, an attorney general is likely to decide that the U.S. government can't keep extending the TikTok sale deadline and will sue for the penalty, which would be $5,000 per user times the 172 million TikTok users in the U.S., a tremendous sum that he claims no S&P 500 company could sustain. More tech news:For that reason, O'Leary seems to think ByteDance will take steps to reach a deal with a buyer shortly. He says he is highly motivated to make sure it is sold to his group, stating that they are 100% interested in buying it. 'Frank McCourt and I have been working on this so long, and we're not giving up,' he says. 'We're like the dog biting your leg right here. We're not going to stop.' O'Leary isn't the only one trying to buy TikTok. Other groups have expressed interest or, in some cases, submitted bids to purchase it. YouTube personality Jimmy Donaldson, known as MrBeast, has formed a group with serial entrepreneur Jesse Tinsley and claims to have made a Trump has floated the possibility of TikTok being sold to Oracle founder Larry Ellison or Tesla CEO Elon Musk. However, despite considerable social media speculation, Musk has not expressed any interest in making such a deal. Prior to the last TikTok deal extension, Amazon submitted a last-minute bid to buy the platform. Fellow tech leader Microsoft and leading venture capital firm Andreessen Horowitz have expressed interest in taking a stake, as has fast-growing startup Perplexity AI. While O'Leary certainly has plenty of competition for TikTok, he has made it clear he is committed to owning it, regardless of the bids from other parties. With the deadline still a few months away, though, there is still time for a lot to happen as groups and companies maneuver to outbid each in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
