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

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.

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.

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 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.

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.

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.”

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.”


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.

Tuesday, October 2, 2018

Amazon Raises Minimum Wage For It's Employees

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

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.

According to Sampiro the experience began soon after he was hired. In the courts documents he claims to have been informed of the "D410 Code" during a new-employee training. Versace employees are naturally aware of the term, D410, as it is the code used for black clothing. But Sampiro says that while mentoring him on policies and procedures, a manager [who he doesn't name in the suit], told him the code was synonymous for Black customers before encouraging Sampiro to casually warn co-workers of a "D410" when a Black person entered the store. In response to the managers suggestion, Sampiro claims to have shared that he was himself in-fact, part African American. From that point on Sampiro says he was treated differently.

Within two weeks of the alleged D410 incident occurring, Sampiro was fired because he didn't "understand luxury," the lawsuit claims. Sampiro objects to the reason for his termination, saying that management refused him legitimate training following the uncomfortable encounter. Versace denies Sampiro's allegations and has requested that the Alameda County Superior Court dismiss the case. The case will be revisited during a March 21 status conference.

Tuesday, September 28, 2021

Meet Terrance Williams the Party Promoter Turned Entrepreneur | @itsjusttwill (Article)

Baton Rouge native Terrance Williams grew up in Louisiana as a single child. Growing up he was influenced by his mother who was also an entrepreneur. He was a student at Woodlawn High School and later attended Southern University but dropped out to support his family. 

Sunday, September 19, 2021

Jay-Z Invests $110 Million Into Smart-Home Technology


Previously, it was speculated that Jay-Z was tied to possibly purchasing the Denver Broncos, a claim that was denied by the team of the rapper-turned-mogul. Now, it has been revealed that Jay-Z has invested $110 million into a smart-home technology company.

Sunday, August 1, 2021

Jay-Z To Reopen 40/40 Club In NYC

Jay Z is bringing 100 new jobs to the New York City area. The rapper and business man is reopening his 40/40 Club in Madison Square in August, and is looking to fill 100 positions.

Friday, July 2, 2021

Roc Nation joins Blackstone


Blackstone is acquiring the Certified Collectibles Group in a transaction valuing the company at more than $500 million. Jay-Z's Roc Nation is also an investor in the transaction.

Friday, June 11, 2021

Bandman Kevo (@BandManKevo) f/ WillGotTheJuice - "Stop Playing With Me"

Chicago rapper Bandman Kevo released his new single/video "Stop Playing With Me" today, Bandman Kevo and WillGotTheJuice team up to let the world know they are nothing to be played with. Highlighting how they have the money game in a headlock, Kevo and Will rap about their lavish lifestyle and luxury. 

Sunday, February 28, 2021

Did you enjoy the #Movie "Mad Money"


Three female employees of the Federal Reserve plot to steal money that is about to be destroyed. Directed by Callie Khouri. With Diane Keaton, Queen Latifah, Katie Holmes, Ted Danson.

The film received three stars in Newsday, and Jan Stuart wrote " Mad Money is no Rififi, but Khouri and Gers invest it with an individuality and generosity of spirit that lift it into the realm of guiltless pleasure." Bill Wine of All Headline News gave the film two and a half stars, writing " Mad Money is a light and lively, likable low-tech lark.

Thursday, February 11, 2021

Personal Shopper Accused of Stealing Over $1 Million From Comedian

Kevin Hart reportedly fell victim to a million-dollar scam, which was carried out by one of his employees. 

According to TMZ, the comedian’s personal shopper, Dylan Syer, is accused of defrauding Hart of $1.2 million between October 2017 and February 2019. New York prosecutors say Syer began working for Hart in 2015 and began building the actor’s trust through authorized purchases; however, as the years went by, Syer allegedly began using Hart’s credit card to pour money into his own account. 

Friday, January 22, 2021

Roc Nation CEO Desiree Perez Pardoned By Trump

As one of his final acts as president of the United States, Donald Trump issued more than 140 pardons and commutations on Tuesday night (Jan. 19). Among those granted clemency were Roc Nation CEO Desiree Perez, early Death Row Records backer Michael "Harry-O" Harris and rappers Lil Wayne and Kodak Black, according to the White House.

Perez was granted a full pardon for being involved in a conspiracy to distribute narcotics, the White House said, a conviction that is more than 25 years old. "Since her conviction, Ms. Perez has taken full accountability for her actions and has turned her life around," the White House said in a statement. "She has been gainfully employed and has been an advocate for criminal justice reform in her community."

"I'm grateful to have received a pardon and to have formally closed that chapter of my life in the eyes of the law," Perez said in a statement provided to Billboard. "I have taken full accountability for my mistakes from 25 years ago, but I also take tremendous pride in my personal growth, perseverance and accomplishments since then. This pardon reinforces my lifelong commitment to advocate for criminal justice reform and social justice initiatives."

Monday, January 18, 2021

Federal Prisons Placed on Lockdown


All federal prisons in the United States have been placed on lockdown in order to avoid any possible riots or violence that could take place behind bars, which comes as law enforcement officers across the country gear up for the possibility of violent protests related to Joe Biden’s inauguration.

In an email sent to employees from the president of the union representing federal correctional officers, it was noted the lockdown took place at over 120 federal Bureau of Prison facilities this past Saturday at 12 a.m.

Saturday, October 31, 2020

Rihanna's "Work" Still Motivates #EssentialWorkers Today!


Rihanna has work work worked her way to 1 billion views on Youtube for her dancehall-inspired music video for 'Work', featuring Drake.

But this is a strong song for those essential workers who need that motivation to stay on there grind while at work.

Employee motivation is defined as the enthusiasm, energy level, commitment and the amount of creativity that an employee brings to the organization on a daily basis. Motivation is derived from the Latin word, “movere” which literally means movement.

Sunday, May 31, 2020

What If R. Kelly Is Found Innocent?

It's been seven times the embattled singer has been arraigned on sexual abuse-related charges in a little more than a year.

The new indictment adds several allegations of abuse involving a victim referred to only as Jane Doe 5. Two of the new counts carry mandatory minimum sentences of 10 years in prison if convicted, according to prosecutors.

But what if R. Kelly is found innocent through all this or the case gets thrown out due to lack of evidence? Does this mean R. Kelly gets to sue the justice system along with the people who helped to bring him down?