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Showing posts sorted by relevance for query Employees. Sort by date Show all posts
Showing posts sorted by relevance for query Employees. Sort by date Show all posts

Wednesday, May 4, 2022

How Bill Spruill turned his employees into millionaires

 


Black tech entrepreneur Bill Spruill turned his employees into millionaires when he sold his startup Global Data Consortium for an undisclosed amount.


The North Carolina tech company was sold to the owner of the London Stock Exchange. The financial details have yet to be disclosed, but Spruill described the amount as a “Bronto-level transaction,” which NetSuite bought for $200 million in 2015.

Saturday, February 2, 2019

General Motors To Layoff 4,ooo Employees


General Motors is planning to layoff at least 4,000 salaried workers in North America starting Monday ahead of the company’s fourth-quarter earnings report.

The reductions come as the largest U.S. automaker undergoes a massive restructuring announced by CEO Mary Barra in November. GM is halting production at five plants in North America and cutting 14,000 jobs as it realigns its workforce and plants to produce more electric vehicles.

Company executives want to complete as many of the layoffs as possible before the company reports its earnings Wednesday.

GM offered buyouts to 17,700 employees in North America with at least 12 years of service in November. The company was aiming for 8,000 voluntary buyouts, the company previously confirmed.

That leaves roughly 4,250 salaried workers and 6,000 hourly employees targeted for layoffs. The company said in November that half of the hourly workers were in Canada with the other half in the U.S.

The company has offered jobs to all 2,800 hourly workers affected in the U.S., and about 1,000 have accepted. The other 3,000 hourly workers located in Canada are getting help finding jobs and training.

Many of the cuts are planned at factories in the United States and Canada that make sedans and compact cars — vehicles that have not been selling well in North America, as customers turn toward trucks, sport utility vehicles and crossovers. These vehicles tend to be more profitable for automakers.

Wednesday, March 12, 2014

Facebook Headquarters Evacuated

The headquarters of social media giant Facebook was temporarily flooded with officers and cordoned off Tuesday evening after a threat against the company was called in to authorities. The threat was originally called into the San Francisco Police Department.

The department transferred the call to Menlo Park officers, who went to the campus and closed off the entrance with tape. Officers searched the campus, while the company asked its employees to stay put before police could prove or disprove the threat.

Officers did not find anything at the campus, and Facebook eventually shuttled its employees home. The company, founded in 2004, has more than 6,000 employees. Menlo Park’s city council voted last week to allow the company to pay about $200,000 a year to the city to fund a full-time police officer who would be stationed near the new campus.

Thursday, December 13, 2018

Apple Set To Build New Headquarters In Texas


Apple Inc said on Thursday it would spend $1 billion to build a second campus in Austin, Texas that will house as many as 15,000 workers, amid a broader push by many U.S. companies to create more jobs at home.

The iPhone maker had announced at the start of the year it would invest $30 billion in the United States, taking advantage of a tax windfall stemming from U.S. President Donald Trump's sweeping tax reforms.

See More on Yahoo Finance

The 133-acre campus in Austin will employ workers across various functions including engineering, R&D, operations and finance. The city is already home to the second largest number of Apple employees outside its headquarters in Cupertino, California.


Apple will also set up sites in Seattle, San Diego and Culver City, California and hire over 1,000 employees each in these locations, while also expanding operations in Pittsburgh, New York and Boulder, Colorado over the next three years.

Many American multinationals have been facing political pressure to ramp up investments at home as part of Trump's "America First" policies, which have left the United States embroiled in a bitter trade war with China. The president has also warned of tariffs on iPhones and other Apple products imported from China.

Apple's technology rival Amazon.com Inc (AMZN.O) last month ended a months-long search for its second headquarters, picking New York City and an area just outside Washington, D.C. for massive new offices, with plans to create thousands of jobs.

The new Austin campus will be located less than a mile away from Apple's existing facilities, and will first house 5,000 new employees with the capacity to expand to 15,000.

Saturday, August 10, 2013

Bernie Madoff Cocaine Sex Parties

Former Bernie Madoff secretary Annette Bongiorno describe a love-triangle between Bernie Madoff and at least one of his employees. They went on to describe an office environment where “a number of Madoff Securities employees and customers – including expected witnesses, defendants and others – were engaged in romantic or sexual relationships,” with one another.

An earlier lawsuit began to paint a sordid picture of Madoff, who had a love of prostitutes and strippers. A court document from 2009 reads, “Madoff’s affinity for escorts, masseuses and attractive female employees was well known in the office culture, and certain feeders were allowed to participate in the conduct.”

Friday, June 10, 2022

Two Employees Rescued From Chocolate Factory

 


A Lancaster County 911 spokesperson told TODAY that a call was received around 10:51 a.m. about the incident. “The incident currently is being downgraded, but originally two employees were stuck in a sort of dry chocolate,” the spokesperson said. The Elizabethtown Fire Department later transported the two workers to a nearby hospital as a likely precautionary measure.

Friday, March 26, 2021

Why Stores Like These Are The Backbone Of America

 


America's small businesses are a vital part of the economy. Their success is essential to economic growth and prosperity. Small businesses have the unrivaled potential to create jobs and put money back into communities. They also tend to show more creativity than large competitors, introducing novel products and ideas into the market.


Small businesses are responsible for creating more than three-fourths of the country’s new jobs, and they pay out more than 44 percent of the country’s private payroll. In addition to helping individuals by keeping people employed, small businesses also support the national and global economies.


The back bone of any organization is Employees. Employees are the backbone of any organization, and as you might expect, studies show that happy employees are more motivated, productive and committed.

Thursday, July 13, 2017

Will The Music Giant Shut Down?

I don't know how true it is, according to a TechCrunch report released on Thursday, July 12, someone from among the highest ranks of the company gave it 50 days before SoundCloud sees the total depletion of its funds.

The fast approaching deadline was announced during an urgent conference call held by co-founders Alexander Ljung and Eric Wahlforss on Monday. SoundCloud just recently made headlines when the company's leadership laid off 40% of its employees amid financial struggles to stay afloat. The conference call was scheduled in order to catch remaining staff up to speed with the future of the company in its tumultuous times.

A SoundCloud representative has since batted the TechCrunch article down, by citing "a misinterpretation of information by one or two laid off employees during a recent all-hands meeting." The specific wording that was reportedly used by the staff member, was that SoundCloud was only funded "until" the 4th quarter. The SoundCloud rep clarifies that the company is actually fully funded "through" Q4.

Tuesday, December 27, 2016

Versace Sued By Employees


A former employee at a Pleasanton, California Versace store has filed a lawsuit accusing the high-end retailer of discrimination, not only against him, but towards its Black customers. 


The suit alleges that during his time as a clerk with the company, 23-year-old Christopher Sampiro was not afforded rest periods and was wrongfully terminated without having received payment for time worked. Sampiro also claims the store carried out a policy of having staff alert co-workers when a Black person entered the establishment by passing mention of it through a secret code.

Tuesday, October 2, 2018

Amazon Raises Minimum Wage For It's Employees

Amazon
Amazon announced on Tuesday (October 2) that they will be raising the minimum wage for their U.S. full-time, part-time, seasonal and temporary employees to $15 starting on November 1. There are currently 250,000 people that work for Amazon with plans to hire another 100,000 for the upcoming holiday season.

CEO Jeff Bezos commented on the decision, stating, "We listened to our critics, thought hard about what we wanted to do, and decided we want to lead. We’re excited about this change and encourage our competitors and other large employers to join us."

Jay Carney, senior vice president of Amazon Global Corporate Affairs, also revealed that Amazon will be lobbying to raise the current $7.25 minimum wage. He explained, "The current rate ... was set nearly a decade ago. We intend to advocate for a minimum wage increase that will have a profound impact on the lives of tens of millions of people and families across this country."

Amazon To Start Selling Groceries

$15 Minimum Wage Raise For Seattle Wa

Tuesday, January 8, 2019

Minimum Wage In Ohio Goes Up 25-cent


Here is another great way to bring in the new year for alot of Ohio residences. The Ohio minimum wage was last changed in 2008, when it was raised to $7.00. Ohio’s minimum wage is scheduled to increase on Jan. 1, 2019, to $8.55 per hour for non-tipped employees and $4.30 per hour for tipped employees.

This wage only applies to companies with annual gross receipts over $314,000. According to data from the Massachusetts Institute of Technology, a single adult would need to make $10.15 an hour, or $21,112 a year, in Mahoning or Trumbull county to pay for bare necessities, assuming the person lives in a studio apartment, has a low-cost food plan and drives a used car or uses cheap public transportation. A family of two adults and two children with one of the parents working would need that person to make $22.57, or $46,945 a year.

“The living wage is the minimum income standard that, if met, draws a very fine line between the financial independence of the working poor and the need to seek out public assistance or suffer consistent and severe housing and food insecurity.”

“Most studies show that incremental increases in minimum wage do not have adverse impacts in terms of unemployment rates and do not cause inflation, which are the biggest concerns associated with increasing minimum wage.”

Source

When the minimum wage increases throughout a geographic region rather than one city, it’s less likely to impact local businesses in a negative way, Sumell explained. For example, if only Youngstown increased minimum wage, businesses there might be inclined to move to a neighboring municipality to decrease costs.

Monday, September 26, 2016

Raising Minimum Wages Hurts The Small Business Owners


The Presidential Debate has started between Donald Trump and Hillary Clinton and we will be posting as it is going. They kicked it off talking about growing the economy. Hillary said raise minimum wage and Donald said bring jobs back from overseas. We agree with both sides, and heres why.

Raising up the minimum wages makes it harder for small businesses to give out more jobs, and big corporation don't mind paying a fee for leaving to get cheaper wages and more production. As far as Donald Trump loosing previous businesses, you have to loose to gain, you have to crawl somewhere before you walk. Support our rise below.

If the minimum wage increases, small business owners will likely scale back the number of employees and raise prices to cover the extra cost. An increase would stifle small business growth for owners and employment opportunities for job-seekers.


Monday, December 31, 2018

Mold Found In Staten Island Hospital


More than 50 nurses and other staffers sickened at Staten Island University Hospital after mold found in nursery.

Dozens of people working in the hospital’s maternity unit have reported getting ill with everything from headaches to dizziness to swollen throats in recent months, after air monitoring devices found the presence of mold and trace amounts of anesthetic gases, nurses and administrators say.

53 employees have reported getting sick in the unit, according to both nurses and hospital execs. A nursery has been relocated, but nurses are asking for their entire unit to be moved, something the hospital says is not necessary because tests show the air is safe.

After the odor was reported, babies were moved to a backup nursery in the unit and air monitoring began. Mold was detected at moderately elevated levels, similar to outdoor levels, hospital execs say. Workers found water-borne mold behind a sink wall and decontaminated the area.

Source

The hospital said in a statement that air monitoring this month detected “the presence of anesthetic gases sevoflurane and nitrous oxide, which are routinely used during surgical procedures.”


Those concentrations were “significantly below” the National Institute for Occupational Safety and Health’s recommended exposure limit and pose “no risk to patients, staff or visitors,” the statement said.

A certified air gas specialist was brought in to inspect the gas system’s infrastructure and found zero leaks, hospital administrators say. The air is now being retested to see if the trace amounts still remain.

“Hospital administration has been directly communicating with staff multiple times a week, met with union representatives six times and notified the appropriate regulatory agencies to proactively address this matter,” the statement added.

Tuesday, July 16, 2019

Jay-Z Takes Role At San Jose Weed Firm


Jay-Z has ventured off into another business role. The hip-hop superstar Jay-Z has been named chief brand ambassador for San Jose marijuana company Caliva.

“Anything I do, I want to do correctly and at the highest level,” Jay-Z said in the announcement. “With all the potential in the cannabis industry, Caliva’s expertise and ethos makes them the best partner for this endeavor."

"Many people recently out of jail or prison don’t reap financial rewards from marijuana legalization, Caliva said. Jay-Z will promote their economic participation through advocacy, job training, and employee and workforce development."

Caliva, which says it has more than 600 employees state-wide, and more than 150,000 square feet of cultivation, manufacturing and retail space, has broader ambitions for its work with Jay-Z.

Caliva sells varieties of indoor-grown marijuana along with other cannabis products including vape pens, pipes, edibles, tinctures, drinks and pre-rolled reefers. Caliva also makes deliveries of online orders, and numerous dispensaries stock its goods.

Thursday, November 3, 2022

Best "Anytime" Gifts For Everyone

 


It's almost time for Christmas as the holidays are approaching fast. We at The Wrap Up Magazine are happy to help you with cool gift ideas to help you get started. If you like the latest gadgets and trends, then these Top 5 picks are for you.

Monday, March 6, 2017

Ben Carson Talks Slaves Being Immigrants

Newly confirmed Secretary of Housing and Urban Development Ben Carson referred to slaves as "immigrants" while speaking on Monday to department employees.

"That's what America is about, a land of dreams and opportunity," Carson said. "There were other immigrants who came here in the bottom of slave ships, worked even longer, even harder for less. But they too had a dream that one day their sons, daughters, grandsons, granddaughters, great-grandsons, great-granddaughters, might pursue prosperity and happiness in this land."

Sunday, September 4, 2022

The Shipping Supply Specialist

 


Uline is a privately held American company which offers shipping and other business supplies. They sell equipment for material handling, warehouse & retail operations, safety & more.

Wednesday, May 4, 2022

High School Students Workout For Free All Summer Long

 


Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, is inviting high schoolers ages 14 – 19* to work out for free at any of its more than 2,200 Planet Fitness locations throughout the United States and Canada from May 16 through August 31 as part of the High School Summer Pass initiative.


High School Summer Pass was formally known as Teen Summer Challenge, which was the first program of its kind launched in 2019 and saw more than 900,000 teens sign-up and complete more than 5.5 million workouts over a three-and-a-half-month period. Starting today, high schoolers can visit PlanetFitness.com/SummerPass to pre-register, and get a reminder to formally sign up when the program officially kicks off on Monday, May 16. Teens under 18 must register with a parent or guardian online or in-club.

Friday, January 27, 2017

The Woman Known For Racist Social Media Posts

The hiring of former field organizer Teresa UnRue was officially announced through an email that acting Secretary Phil Rosenfelt dispensed to Education Department employees this week. UnRue was blasted in the media over the summer when a series of offensive Facebook posts were exposed by the media.

Back in June, UnRue shared a post that read "We Need Islam Control, Not Gun Control." Two months later she circulated a meme that poked fun at Mexicans for their accent. They were among several Facebook postings that reflected an insensitivity towards minority voters. Included among them was a viral video of an African-American man eating chicken while mocking his own race for a number of children they have and for still lamenting over slavery. "Had me crack'n up!! Thank you! Please share this with people," UnRue captioned.

The Huffington Post unveiled that it had traced back to discover posts that were hostile towards Barack Obama during his presidency. One such message accused the former President of treason and called him a "terrorist." At the time, the promotion of such propaganda was not uncommon for the Tea Party types who would eventually comprise Trump's base. However, now that he has taken an oath to serve all Americans while occupying the nation's highest office, his continued association with, much less his appointment of such divisive figures to his cabinet, may present a challenge to his reputation going forward.

The memo which names UnRue a new member of the administration does not specify what her job would be in the department.

Monday, December 8, 2014

Mobster Shot To Death

Mobster Tonino Callocchia was shot to death yesterday as he dined at a restaurant in Riviere-des-Prairies, Montreal. He was 53. His murder is the latest to rock the Canadian city as two mafia factions are fighting a vicious war for control of the rackets.

The longtime mobster was enjoying a meal at Bistro XO+ (photo above) around 1:30 p.m. on Monday when, according to police, “one or several suspects went inside and fired shots at the victim inside the bistro. The victim was pronounced dead on the scene by the doctor.”

The assassins, or assassin, wore ski masks to hide their faces, and hit Callocchia while surrounded by patrons and employees. After they shot their target down they fled the restaurant. Another job done, another name scratched off the list.

According to the Montreal Gazette, “His known ties to the Mafia date to the 1980s. In 1994, he was charged, and later convicted, in a money laundering case that linked him to Vincenzo “Jimmy” Di Maulo, the brother of Joseph Di Maulo, an influential Mafia boss who was killed, at age 70, in front of his home in Blainville on Nov. 4, 2012. That was a slaying police sources have theorized was a response to the many attacks on the Rizzuto organization in the years preceding it.”

After serving a prison sentence for his role in the murder of three Bonanno crime family capos, Rizzuto (right) was back in Montreal. He’d had a lot of time to think while behind bars and when he got out he went straight to work.

For those that thought the killing would end with the death - by natural causes - of Montreal mob boss Vito Rizzuto this hit serves as a reminder that the mafia is not one person. It is an entity with many heads, each with a long memory. After Rizzuto’s death of natural causes, his friends continued his crusade against traitors and enemies, among them Callocchia, who sided with the rebel faction.

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