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C-suite staff at Valley luxury travel, events company take pay cuts; employees furloughed

Viad Corp, a publicly traded Phoenix luxury travel and events company, is instituting aggressive cost-reduction moves that feature employee furloughs and salary reduction, including among C-suite executives. Viad (NYSE: VVI) officials said in a Thur.....»»

Category: topSource: bizjournalsMar 26th, 2020

SeaWorld Entertainment to furlough more than 90% of staff as of April 1 because of coronavirus

SeaWorld Entertainment Inc. late Friday said it has temporarily furloughed more than 90% of its employees as of April 1 because of the coronavirus pandemic. In an 8-K filing, the company said furloughed employees will not .....»»

Category: topSource: marketwatchMar 27th, 2020

TripActions cuts hundreds of jobs as COVID-19 sinks corporate travel

TripActions Inc. on Tuesday made a deep cut in staff after the coronavirus pandemic sharply curtailed its corporate travel business. The Wall Street Journal cited an unnamed source who said the move involved hundreds and cut the Palo Alto company's wo.....»»

Category: topSource: bizjournalsMar 25th, 2020

Cargill bans international travel for staff amid coronavirus outbreak

International grains trader and processor Cargill Inc has banned all non-essential travel for its employees for the next two weeks due to the coronavirus outbreak, company spokeswoman April Nelson told Reuters on Thursday......»»

Category: topSource: reutersFeb 27th, 2020

S.F. company behind Maker Faire, Make magazine shuts down

Maker Media Inc., the San Francisco company behind the big annual DIY events in San Mateo and Make: magazine, this week let go its entire staff of 22 employees and suspended operations. Founder and CEO Dale Dougherty told the Business Journal on Saturda.....»»

Category: topSource: bizjournalsJun 9th, 2019

Seattle Startups Created by Former Amazon Staff Shows What May Await an HQ2 Region

Travel software company Wanderlust Society was launched in Seattle by ex-Amazon employees, from left, Sean Vegeler, Jeff Topham, Andrej Gregov and Jana Kleitsch.Photo provided by the Wanderlust.....»»

Category: worldSource: nytAug 27th, 2018

Breaking: City employees unable to work from home temporarily furloughed

City confirmed furloughs were announced to staff Friday......»»

Category: topSource: bizjournals5 hr. 56 min. ago

Amazon workers say company not doing enough to stop spread of virus

Many employees leaving the Amazon Fulfillment Center in Moreno Valley did not want to comment about safety protocols inside the warehouse after one of their co-workers tested positive for coronavirus......»»

Category: topSource: moneycentralMar 27th, 2020

Nestle staff to get full salary for three months where COVID-19 halts work

Nestle , the world's biggest food company, said it would pay full salaries to employees affected by work stoppages for a minimum of three months, to protect them from the fallout of the coronavirus pandemic......»»

Category: topSource: reutersMar 26th, 2020

Nestle staff to get full salary for three months as COVID-19 halts work

Nestle , the world's biggest food company, said it would pay full salaries to employees affected by work stoppages for a minimum of three months, to protect them from the fallout of the coronavirus pandemic......»»

Category: topSource: reutersMar 26th, 2020

Some furloughed Alamo Drafthouse employees are upset with how the company is treating them and say the chain"s actions undercut its stated values like "doing the right thing"

Sarah Jacobs Last week, Alamo Drafthouse Cinema closed all of its locations in the US, along with major theater chains like AMC Theatres and Regal, to slow the spread of the.....»»

Category: topSource: businessinsiderMar 25th, 2020

Sunworks cuts staff, payroll to conserve money during COVID-19 outbreak

Roseville-based solar installer Sunworks Inc. has cut staff to reduce expenses as it works its way through the COVID-19 pandemic. Sunworks (Nasdaq: SUNW) said it's terminated or laid off 59 employees, a cut of a third of its headcount from the begin.....»»

Category: topSource: bizjournalsMar 23rd, 2020

Mattress Firm furloughs some employees, suspends benefits

Houston-based Mattress Firm has taken steps to mitigate the impact that coronavirus-related social distancing has had on the retail sector. The Houston Chronicle reports that the company has furloughed an unspecified number of employees from its .....»»

Category: topSource: bizjournalsMar 23rd, 2020

GE Aviation will layoff 10 percent of U.S. workforce, furlough staff in maintenance, repair and overhaul

The company will shed close to 2,600 hourly and salaried employees. Other divisions of the company have ramped up production of health care necessities......»»

Category: topSource: washpostMar 23rd, 2020

Advertisers stare into the coronavirus abyss

The cancellation of major sporting events and the decimation of the luxury, entertainment and travel industries is delivering a hammer blow to a global advertising industry that was already reeling from years of tech-led turmoil......»»

Category: topSource: reutersMar 19th, 2020

How Mazzone Hospitality is working to weather the coronavirus crisis

The company has lost about 130 events in the past two weeks to cancellations or postponements. That's prompted a layoff of 200 workers — and a lot of strategizing about how to keep paying the remaining employees......»»

Category: topSource: bizjournalsMar 19th, 2020

Norwegian Air to cancel 85% of flights and lay off 90% of staff

Norwegian Air will cancel 85% of its flights and temporarily lay off 7,300 employees as a result of the growing coronavirus crisis that has strangled demand for air travel, the carrier said on Monday......»»

Category: topSource: reutersMar 16th, 2020

Denver luxury travel company lays off more than 100 workers, citing coronavirus

The travel industry is being rocked by the coronavirus spread, due to travel restrictions and fears from professionals......»»

Category: topSource: bizjournalsMar 14th, 2020

Coronavirus cancellations are devastating the staff-parties business in San Francisco

In San Francisco and in Silicon Valley, tech companies seek to outdo each other with the swankiest team-building events and vie for talent in part by offering the most appealing staff get-togethers. Suddenly, that business has all but dried up......»»

Category: topSource: marketwatchMar 13th, 2020

Here are the companies laying off employees as they deal with the economic fallout from the coronavirus pandemic

Reuters Companies around the world are laying off workers as demand in industries from travel to events decline.....»»

Category: topSource: businessinsiderMar 12th, 2020

What Valley employers need to know about paid sick leave

In the wake of the spread of the novel coronavirus, companies around the country and in Arizona are asking employees to telework, limiting international travel and examining paid sick leave policies. Paid sick leave often applies to more than just one.....»»

Category: topSource: bizjournalsMar 12th, 2020