Time to Rediscover Adventure
NASA is preparing to resume normal operations and welcome employees back from furlough as early as the next day, pending government legislation approval.
Tag
Employees
All articles tagged with #employees
NASA Announces Second Formal Furlough Notice
NASA has announced a second formal furlough notice due to a government shutdown exceeding 30 days, with employees advised on procedures, benefits, and resources during the furlough period.
OpenAI Employees Prepare $6 Billion Share Sale at $500 Billion Valuation
OpenAI employees are planning to sell shares worth $6 billion at a company valuation of $500 billion, indicating significant employee investment and confidence in the company's growth.
EPA suspends 140 employees over dissent letter criticizing Trump policies
The EPA has suspended around 140 employees who signed a critical letter about the agency's handling of climate and public health issues, launching an investigation into their actions amid concerns of retaliation and suppression of dissent within the agency.
EPA Suspends 139 Employees Over Criticism of Trump Policies
The EPA suspended 144 employees after they signed a letter criticizing the Trump administration's handling of the agency, citing concerns over politicization and First Amendment rights, while the employees and advocacy groups view the actions as retaliation.
Amazon mandates employee relocations to key hubs amid growing concerns
Amazon is requiring some of its corporate employees to relocate to cities like Seattle, Arlington, and Washington DC to be closer to their managers and teams, which may involve significant moves.
business7 months ago
Google Offers Employee Buyouts in Search and Ads Units
Google is offering buyouts to employees in its Search, Ads, and other units as part of a restructuring or cost-cutting effort.
Tech Giants Shift Stance, Embrace Trump After Election Victory
Following the election of Donald Trump, employees at major technology companies have remained notably quiet, reflecting a shift in the typically vocal tech industry regarding political outcomes.
"Valve's Small Team and High Salaries Revealed in Court Documents"
Court documents from the Wolfire Games vs. Valve antitrust lawsuit reveal that Valve had only 336 employees in 2021, a surprisingly small number for such a prominent company. This contrasts sharply with other gaming giants like Microsoft Gaming and Ubisoft, which have tens of thousands of employees. Despite its small workforce, Valve's per-employee profit is estimated to be around $15 million annually.
"Jack Ma's Reemergence Boosts Alibaba's Stock and Morale"
Jack Ma, the cofounder of Alibaba, sent a motivational memo to the company's employees, acknowledging past mistakes and praising the new leadership. Despite facing challenges such as government scrutiny and increased competition, Ma encouraged the company to address past issues and make reforms for the future. He also reportedly spent $50 million on Alibaba shares in Q4 of 2023, reversing previous plans to sell his shares.
"Nvidia Employees Benefit from 25% Stock Boost in 'Special Jensen Grant'"
Nvidia is reportedly giving its employees a one-time "Jensen special grant" of an additional 25% of the stock units they received when joining the company, named after CEO Jensen Huang, with the amount depending on the company's share price. The grant will vest over four years and aims to ensure employees still benefit if the share price falls in the future. This comes after Nvidia's record revenues and surpassing Saudi Aramco to become the world's third most valuable company.
"Efforts to Rescue 99 Cents Only Stores Amid Financial Struggles"
The closure of 99 Cents Only stores will impact employees, prompting L.A. County officials to consider providing financial and other support to those losing their jobs. The Board of Supervisors will vote on a motion to request a report on ways the county can assist workers, following the announcement of the closure of all 371 locations. Former Big Lots president Mark Miller is exploring an effort to save the Southern California stores by acquiring and reopening them with a focus on their original appeal.
Frisch's Big Boy Chain Faces Multiple Closures in Greater Cincinnati Area
Frisch’s Big Boy has closed its Fifth Street location in Covington, with Sunday being its last day of operation, as confirmed by managers. This closure follows the shutdown of at least three other Tri-State locations earlier in the week. Employees will be retained within the company, and the Kyles Lane location remains the only open Frisch’s Big Boy in Covington.
"Massive Layoffs Rock Best Buy's Geek Squad"
Best Buy's Geek Squad experienced sudden and massive layoffs, with employees being told to work from home and await a call to learn if they were still employed. The layoffs were reportedly due to financial constraints, and some employees expressed relief at the opportunity to pursue better job opportunities. Best Buy CEO Corie Barry had previously hinted at further layoffs as the company shifts its focus to AI, and Geek Squad members have faced frequent layoffs in recent years.
McKinsey Offers Pay and Training for Departing Employees
McKinsey & Co. is offering underperforming employees nine months' pay and career counseling to help them transition out of the company, as part of its efforts to manage performance and development in a supportive manner amidst a slowdown in the management consulting industry.