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.....»»
: American Airlines warns employees it could furlough thousands by April
American Airlines Inc. on Wednesday warned some 13,000 U.S. employees that they could be furloughed in the next few weeks as the pandemic continues to crimp travel and government money runs out......»»
Southwest Airlines makes new voluntary leave offer to cut costs
Last month, the company said it had issued notices to 6,828 employees warning them that they could be furloughed.....»»
During stressful events and times, a feeling of control is key to your employees
Right now, in America and across the world, every business leader has one thing on their mind: “How can I keep my staff focused and productive during one of the most stressful periods in history?” Your business might be afflicted with ch.....»»
McAfee cuts staff in San Jose, including 3 vice presidents
The San Jose cybersecurity company is reportedly making cuts elsewhere, including a closure in Israel......»»
GoFundMe bans travel fundraising for political events with ‘risk of violence’
The company will ‘remove fundraisers for travel expenses to a future political event where there’s risk of violence by the attendees’ after Trump supporters used the site to fundraise for last week’s attack on the Capitol......»»
Hospitality management company Legends adds venue safety consultancy
It’s the latest move in the sports venue industry to expand hygiene programs and provide best practices to ease the concerns of fans and employees once they are allowed to return to live events......»»
Fossil cuts employees costs with furloughs, reductions in hours and pay
The company reduced base salaries for a "for a substantial number of its global employees, including each of its executive officers.".....»»
Travel firm TUI to make big cost cuts to ride out pandemic hit
European travel company TUI on Wednesday said it needs to reduce its fixed cost base by 30% and cut thousands of jobs as it looks to stay aloft in a market weakened by the coronavirus pandemic......»»
S.F. analytics company, a YC graduate, cuts 65 employees, nearly 20% of its workforce
Half the layoffs were in San Francisco, and spanned across sales and marketing roles. The reduction brings the company's total employee count down to 277......»»
Apple employees will start returning to the company"s offices soon even as other tech giants are letting staff continue working from home (AAPL)
Stephen Lam/Reuters Apple employees will soon return to work, according to a new report from Bloomberg. Apple is reportedly bringing emplo.....»»
Hyatt to restructure and lay off 1,300 employees
Hyatt Hotels Corp said late Monday it would restructure roles and lay off employees across its operations worldwide, which would impact about 1,300 staff, amid a virtual halt in global travel to curb the spread of the coronavirus pandemic......»»
American billionaire hedge-fund manager Julian Robertson took $800,000 in COVID-19 aid from New Zealand"s government to pay the staff at his luxury resorts
David Cannon/Getty Images Hedge-fund billionaire Julian Robertson received a total of $1.2 million NZ ($800,000 USD) from the New Zealand government to pay employees at his luxury.....»»
Airbnb is cutting 25% of staff amid global travel slump
Airbnb Inc. is cutting 25% of its workforce as the coronavirus pandemic continues to pummel the travel sector. About 1,900 Airbnb employees across the world will be affected, Chief Executive Officer... To view the full story, click the title link......»»
Rental car company lays off more than 140 Hawaii employees
A rental car company operating out of both the Daniel K. Inouye Airport and the Kahului Airstrip is laying off workers due to the impact that shutdowns to prevent the spread of Covid-19 have had on the travel industry. Altogether, the Hertz Corp. has .....»»
Uber to lay off 14% of staff as ridership declines due to COVID-19
Uber Technologies Inc. announced in a Wednesday filing that it plans to lay off 3,700 full-time employees in customer-support and recruiting roles as the company deals with a steep drop off in rides volum.....»»
Airbnb is cutting 25% of staff amid worldwide travel slump
About 1,900 Airbnb employees will be affected by the layoffs, CEO Brian Chesky said. About 1,900 Airbnb employees will be affected by the layoffs, CEO Brian Chesky said......»»
Airbnb cuts 1,900 jobs as coronavirus hits home rentals
Airbnb Inc is laying off 25% of its workforce, or nearly 1,300 employees, the home rental startup said on Tuesday, as the COVID-19 pandemic brings global travel to a near standstill......»»
This Philanthropy Awards Corporate Champion"s employees directed $270,000+ in NM donations in 2019
Paid volunteer time is available for hourly employees, while prizes, tickets to special events and recognition and awards are given during staff training events as a form of appreciation for those who take part......»»
Airbnb is cutting 25% of staff — 1,900 jobs — after its business has been slammed by the coronavirus crisis
Mike Segar/Reuters Airbnb announced Tuesday it's cutting 25% of its staff, or about 1,900 jobs. The cuts are meant to refocus the company on its core business of home sharing; the company plans to pause or cut back other e.....»»
United to cut at least 30% of managers, administrative staff
United Airlines Holdings Inc. will cut at least 30% of its managerial and administrative jobs in October, or about 3,500 positions, as the company braces for a prolonged travel slump in the age of Covid-19......»»