Tag: Employees

Disney to lay off 28,000 employees as coronavirus slams theme park business

Prolonged closures at Disney’s California-based theme parks and limited attendance at its open parks has forced the company to lay off 28,000 employees across its parks, experiences and consumer products division, the company said.

In a memo sent to employees on Tuesday, Josh D’Amaro, head of parks at Disney, detailed several “difficult decisions” the company has had to make in the wake of the coronavirus pandemic, including ending its furlough of thousands of employees.

Shares of the company fell less than 2% after the closing bell on Tuesday.

Around 67% of the 28,000 laid off workers were part-time employees, according to a statement by D’Amaro on Tuesday. The company declined to break down the layoffs by individual park locations.

While Disney’s theme parks in Florida, Paris, Shanghai, Japan and Hong Kong have been able to reopen with limited capacity, both California Adventure and Disneyland have remained shuttered in Anaheim, California.

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Zenni Launches Global B2B Program, Unveils Corporate Gifting to Bring Quality, Affordable Eyewear to Businesses and Their Employees, Customers and Partners

NOVATO, Calif.–(BUSINESS WIRE)–Zenni Optical, the eyewear industry’s leading online retailer, today announced the launch of a corporate gifting program to provide businesses with the ability to order its customizable eyewear and signature Blokz lenses in bulk options for their employees, partners, customers and prospective clients. The launch of this program underscores Zenni’s commitment to providing quality, affordable eyewear for everyone, while emphasizing the importance of eye health as part of overall health and wellness in the workplace and beyond.

Zenni’s corporate gifting and bulk purchase program provides companies with the ability to bring high-quality, protective eyewear to stakeholders at a reasonable price. Zenni will work together with its B2B clients to tailor orders to a business’ unique goals, achieved primarily through design customization options that include a wide selection of Zenni’s most popular, fashion-forward frames. Corporate partners will be able to make their selections from an array of

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Square Survey Finds 76% of Small Business Owners Plan to Give Their Employees Time Off to Vote this Election Day

  Square Survey Finds 76% of Small Business Owners Plan to Give Their
  Employees Time Off to Vote this Election Day

    Why Small Business Owners Are Encouraging Employee Voter Participation

Business Wire

SAN FRANCISCO -- September 28, 2020

According to a new survey conducted by Square and Wakefield Research, 75% of
U.S. small business owners think voting in the upcoming presidential election
has become more important since pre-pandemic and 96% plan to vote themselves.
But nearly 3 in 4 are concerned that COVID-19 will impact their employees’
abilities to vote in the upcoming Presidential Election and here’s how they
plan to address those concerns:

  * More than three-quarters (76%) of small business owners will give
    employees time off to vote in the upcoming presidential election.
  * Among small business owners giving employees time off to vote, 83% plan to
    give paid time off.
  * 26% of small business owners would be 
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Hire Better Employees Online And Make The Most Of Their Abilities

As someone who’s in charge of hiring people, you’ve already made good and bad, as well as difficult and easy decisions. And it’s perfectly fine. After all, it’s a very complicated and challenging process and requires more than just reviewing piles of resumés and conducting interviews.

Nonetheless, the truth remains — hire the wrong employee and watch your company waste resources and time, but hire the right ones and watch them thrive along with your company, paying you back with productivity, forward-thinking planning, and of course, achieving company goals. 

We understand that the process can be tricky. So we’ve compiled some of the top, proven tips so you can find the right people for the right job, and not just fill up positions. Here’s what you need to do:

1. Write a Compelling Job Description

First things first, create a job description for the role that you are trying to

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Google will now help US employees pay off student loan debt

  • Google will help employees pay off their student loans beginning in 2021. 
  • The company announced Thursday that it will match up to $2,500 per employee per year, beginning with Googlers in the US. 
  • The student loan crisis in the US disproportionately affects Black borrowers, who are likely to be saddled with more debt than white borrowers. Employee groups for Black Googlers helped bring the new program to fruition, CNBC reports. 
  • Visit Business Insider’s homepage for more stories.

Google is going to start helping its employees pay off their student loans, the company announced Thursday. 

Beginning in 2021, Google will match up to $2,500 in loan payments per employee each year, beginning with US employees and expanding to its global workforce in the future. According to CNBC, the program will only be available to full-time employees, not contractors or temporary workers. 

Google said the goal of the program is to help

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How Mastercard is creating career opportunities for its employees

  • Mastercard pivoted its business strategy at the start of the coronavirus pandemic.
  • Chief People Officer Michael Fraccaro said Mastercard asked for 50 volunteers on new, pandemic-related projects. Four hundred people responded.
  • It’s a way for Mastercard employees to tackle new career challenges, and to stay engaged with the company.
  • Visit Business Insider’s homepage for more stories.

The pandemic recession has pushed many companies to put their hiring plans on pause. And the decision could open up career opportunities for existing employees.

Mastercard is a prime example of how that can work.

At Mastercard, which vowed not to conduct any COVID-19-related layoffs, about 20,000 staffers around the world had the chance to expand their skill sets and get noticed by leadership through a new initiative called Project Possible.

Shortly after the onset of the pandemic, Mastercard announced a revised set of organizational objectives. Executives then asked for employee volunteers to work

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When Talented Employees Are The Perfect Buyers

At the onset of 2020, Pacific Fine Foods was set to have their best year on record. They’d already completed a 6-week stint catering for The Matrix film crew, plus a 1,200-person event in San Francisco’s Fort Mason. Two weeks later, the entire state of California went into lockdown and the survival of Kelly Kearney’s business was in question. Yet, with her strong business acumen, she was up for the challenge.

Prior to becoming a small business owner, Kearney was a very successful Sr. Sales Executive.  However, after 17 years in corporate America, she grew tired of the commute; her employer, a major telecom company, was struggling, and she was ready to take her future into her own hands. Pacific Fine Foods, a catering company in Alameda,

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Consultants charged for bribing Amazon Marketplace employees to game the platform

The US Department of Justice (DoJ) has indicted six individuals for allegedly issuing bribes to give Amazon Marketplace merchants competitive advantages. 

On Friday, US prosecutors named Ephraim Rosenberg, Joseph Nilsen, and Kristen Leccese, of New York; Georgia resident Hadis Nuhanovic, Rohit Kadimisetty, from California; and Nishad Kunji, based in Hyderabad, India, as suspects in the alleged fraud. 

According to the indictment, issued by a Grand Jury in the Western District of Washington, the six conspired to pay Amazon employees over $100,000 to secure an “unfair competitive advantage” on Amazon Marketplace. 

See also: CEO of cyber fraud startup NS8 arrested for defrauding investors in $123m scheme

The bribery bill is steep, but in return, the fraud carried a commercial worth and sales revenue of up to $100 million, the DoJ claims. 

Prosecutors allege that since at least 2017, the six acted as consultants to third-party sellers on Amazon, and two of

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New government proposal to make firing easier for companies with under 300 employees

a person sitting at a table: New government proposal to make firing easier for companies with under 300 employees

© Jocelyn Fernandes
New government proposal to make firing easier for companies with under 300 employees

The National Democratic Alliance (NDA) government’s new labour law will support the idea of allowing companies having less than 300 workers to not be required to frame standing orders for their employees, reported Business Standard.

BREAKING: Government has proposed to do away with the need for companies, hiring up to 300 workers, to frame a ‘standing order’ which states key employment terms for its workforce. This will give more teeth to companies to ‘hire and fire’ workers.https://t.co/tapppALlbM

— Somesh Jha (@someshjha7) September 19, 2020

According to the news report, the government’s new proposed labour law will allow such companies to not frame a statutory contract that acts as a collective rights document stating key terms and conditions in a standardised manner for workers. According to a Supreme Court judgment, that collective agreement overrides even

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Halo Labs Completes Issuance of Shares to Independent Consultants, Directors, Employees and Suppliers

TORONTO–(BUSINESS WIRE)–Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced the issuance of 15,566,078 common shares of the Company to certain independent consultants, directors, employees, and suppliers of the Company, in lieu of cash consideration (the “Compensation Shares”) at a price of C$0.10 per Compensation Share, being the closing price of the common shares of the Company on September 4, 2020.

Kiran Sidhu, Chief Executive Officer of the Company, stated “The willingness of our consultants, over the past 12 months, to satisfy certain of the Company’s obligations in shares has helped us conserve cash as we navigated the recent volatility in global markets. Following the launch of our at-the-market financing program and the recently announced promissory note that provides the Company with $14 million in available funds, we are now positioned to shift away from

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