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Verizon changes exit package for workers set to move to Infosys, WSJ says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallOct 11th, 2018

Verizon Changes Exit Package for Workers It Planned to Outsource

The wireless carrier is now offering about 1,000 of its U.S. workers who were set to move to outsourcing giant Infosys severance or a guarantee of comparable pay for two years......»»

Category: smallbizSource: wsjOct 11th, 2018

Verizon to Shed More Than 10,000 Workers in Voluntary Separations

Verizon will shed about 10,400 workers who have accepted a severance package as it works to cut $10 billion in costs and upgrade to a faster 5G network......»»

Category: smallbizSource: wsjDec 11th, 2018

German rail operator, union agree on new wage package

Germany's rail operator says it has reached a new wage agreement with workers, averting the possibility of more strikes during the Christmas travel crunch......»»

Category: topSource: foxnews6 hr. 14 min. ago

Amazon opens store for office workers

Amazon.com opened a compact version of its cashier-less Amazon Go food stores in a move to add shops in places such as office lobbies and hospitals. As Fred Katayama reports, the stores target office workers......»»

Category: videoSource: reutersDec 12th, 2018

Amazon aims at office workers with compact cashier-less food store

Amazon.com Inc on Wednesday opened a compact version of its cashier-less Amazon Go food stores, broadening its footprint in the bricks-and-mortar world in a move to add shops in places such as office lobbies and hospitals......»»

Category: topSource: reutersDec 12th, 2018

Verizon All But Gives Up on Media to Focus on Its Network

Verizon is writing down the value of Oath, its business composed of the one-time Yahoo and AOL assets. The move is one more way for Verizon to double down on its wireless network......»»

Category: topSource: barronsDec 12th, 2018

Verizon plans to make a $4.6 billion money move

Verizon said Tuesday it will take a $4.6 billion charge related to its Oath media assets Yahoo and AOL and a severance charge of up to $2.1 billion for voluntary buyouts, in the fourth quarter......»»

Category: topSource: moneycentralDec 11th, 2018

Verizon plans to make a $4.6 billion money move

Verizon said Tuesday it will take a $4.6 billion charge related to its Oath media assets Yahoo and AOL and a severance charge of up to $2.1 billion for voluntary buyouts, in the fourth quarter......»»

Category: topSource: moneycentralDec 11th, 2018

Verizon will shed more than 10,000 workers next year

Verizon says to shed 10,400 jobs by mid next year.....»»

Category: topSource: moneycentralDec 10th, 2018

LendingTree to move HQ in Meck County, create 436 jobs

LendingTree Inc. (NASDAQ: TREE) announced today it will expand its headquarters within Mecklenburg County and create 436 jobs over five years. The Charlotte-based company made the announcement following a more than $10 million incentives package app.....»»

Category: topSource: bizjournalsDec 6th, 2018

Hyundai Motor"s South Korean workers to strike Thursday: union source

Hyundai Motor's South Korean union will stage a four-hour strike on Thursday to protest against the automaker's move to set up a low-cost carmaking joint venture, a union source told Reuters......»»

Category: topSource: reutersDec 5th, 2018

Qatar Announces OPEC Exit Days Before Pivotal Oil Cuts Meeting - Bloomberg

BloombergQatar Announces OPEC Exit Days Before Pivotal Oil Cuts MeetingBloombergQatar said it will leave OPEC next month in a move that t.....»»

Category: topSource: googlenewsDec 3rd, 2018

EU Doctors Quit U.K. as Brexit Looms

The U.K.’s planned exit from the EU in March is fueling an exodus of European workers from the U.K., creating a particular squeeze for Britain’s already strained National Health Service......»»

Category: topSource: wsjDec 3rd, 2018

Check out the dramatic chart behind GM"s job slashing

General Motors has announced a plan to eliminate up to 14,000 workers and close five plants, and one chart perhaps best highlights the reason behind that bold move......»»

Category: topSource: moneycentralNov 27th, 2018

Check out the dramatic chart behind GM"s job slashing

General Motors has announced a plan to eliminate up to 14,000 workers and close five plants, and one chart perhaps best highlights the reason behind that bold move......»»

Category: topSource: moneycentralNov 27th, 2018

In One Chart: The dramatic chart behind GM’s job slashing

General Motors has announced a plan to eliminate up to 14,000 workers and close five plants, and one chart perhaps best highlights the reason behind that bold move......»»

Category: topSource: marketwatchNov 27th, 2018

Canada blindsided by GM Oshawa closure, workers walk out in protest

Canadian Prime Minister Justin Trudeau on Monday expressed his "deep disappointment" in General Motors Co's decision to close its Oshawa plant, a move Canadian officials only learned about on Sunday and which led workers to walk off the job on Monday......»»

Category: topSource: reutersNov 26th, 2018

Amazon staff in Europe protest to coincide with Black Friday

Some of Amazon's workers in Europe are protesting against what they call unfair work conditions, in a move meant to disrupt operations on Black Friday......»»

Category: topSource: foxnewsNov 23rd, 2018

Four goals that should be reached to make Long Island City site work

Amazon will soon bring tens of thousands of workers to Queens. Although New York can absorb them better than just about any other place, the move will put significant pressure on surrounding... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 23rd, 2018

$20 million severance fund set up for Toys ‘R’ Us workers

Two of the former owners of Toys “R” Us, Boston-based Bain Capital and KKR & Co. Inc., have established a $20 million fund to compensate former employees of the toy retailer for the loss of their jobs in the company’s liquidation. The unusual move.....»»

Category: topSource: bizjournalsNov 21st, 2018