ServiceMax to Go Public in $1.4 Billion SPAC Deal

ServiceMax has agreed to merge with a special-purpose acquisition company in a deal that will take the maker of software for field-service technicians public, officials from the companies said. The software company—whose current owners include private-equity firm Silver Lake, General Electric Co.

Companies Cutting Office Space Predict Long-Term Savings

Companies expect to reap millions of dollars in savings in the years ahead as they scale back on office space after the coronavirus pandemic emptied workplaces around the country. However, some are paying in the short term for their decision to downsize.

Companies Push Employees to Prove They Are Vaccinated

Companies are stepping up the pressure on workers to get vaccinated—not necessarily with mandates but with strong nudges. For months, many employers have attempted to coax workers into receiving a Covid-19 vaccine. Companies dangled cash, time off and other prizes to encourage