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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

3 warning signs that your company might furlough employees — and what your options are if you"re put on unpaid leave

While there's no way to predict if your company will actually put staff on leave, it's smart to know your options if you were to lose your income......»»

Category: topSource: moneycentralApr 3rd, 2020

Jeff Bezos" rocket company is reportedly pushing employees to travel from Washington to Texas to help launch a space tourism rocket despite the coronavirus outbreak

Mark Wilson/G.....»»

Category: topSource: businessinsiderApr 3rd, 2020

GE to furlough 50% of U.S. engine assembly, component manufacturing ops staff

General Electric Co said on Thursday it would furlough about half its workers in the U.S. engine assembly and component manufacturing operations, a move that would affect thousands of employees, as the coronavirus pandemic hurts travel demand......»»

Category: topSource: reutersApr 2nd, 2020

Central Ohio health system furloughing non-clinical employees, reducing pay for execs, doctors

A Central Ohio health system is furloughing non-clinical staff and implementing pay cuts for executives and physicians because of drastic revenue decreases and increased expenses during the coronavirus pandemic......»»

Category: topSource: bizjournalsApr 2nd, 2020

Fossil shutters ‘substantially all’ of its Dallas distribution site, cuts over 220 workers for now

Fossil Group Inc. is pulling back on its distribution center in Dallas as it responds to the COVID-19 pandemic. The watch and accessories company (Nasdaq: FOSL) closed “substantially all operations at the facility” and cut 222 employees, accordin.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Buckle stores to remain closed indefinitely, furlough most employees starting April 5

Buckle Inc. said Tuesday that it would keep its stores closed until further notice. As a result, the apparel retailer will furlough most of its store associates and corporate workers starting April 5. Furloughed staff w.....»»

Category: topSource: marketwatchMar 31st, 2020

Car rental giant Enterprise Holdings implements furloughs

Rental car giant Enterprise Holdings said Monday it has furloughed an undisclosed number of employees, as the travel industry is decimated by the coronavirus pandemic. The move, affecting employees across corporate and field operations, is in plac.....»»

Category: topSource: bizjournalsMar 30th, 2020

The Container Store furloughs some corporate staff, cuts store hours, draws down $50 million from credit facility

The Container Store Group Inc. said Monday that it has furloughed some corporate staff, starting March 30, with those staff members receiving benefits until April 30. The retailer has also temporarily closed 40 stores, with staff .....»»

Category: topSource: marketwatchMar 30th, 2020

Breaking: City employees unable to work from home temporarily furloughed

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

Category: topSource: bizjournalsMar 28th, 2020

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