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Exclusive: Chevron to cut up to 15% of staff amid restructuring

Chevron Corp will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer......»»

Category: topSource: reutersMay 27th, 2020

Exclusive: Chevron sees up to 15% reduction in positions - memo

Chevron Corp expects a 10% to 15% reduction in positions across the company as part of restructuring efforts it started late last year, according to an internal memo seen by Reuters......»»

Category: topSource: reutersMay 27th, 2020

Exclusive: Shale gas pioneer Chesapeake Energy taps restructuring advisers - sources

Chesapeake Energy Corp , the oil and gas exploration and production company that helped spearhead the U.S. shale revolution, has tapped debt restructuring advisers amid a rout in energy prices, people familiar with the matter said on Monday......»»

Category: topSource: reutersMar 16th, 2020

Exclusive: Freddie Mac offers early retirement to 25% of workforce - sources

Freddie Mac has offered early retirement to around 25% of its staff as it begins to overhaul its workforce amid a broader push by the Trump administration to reform the housing finance giant, according to four people briefed on the matter......»»

Category: topSource: reutersDec 18th, 2019

Viacom cuts 100 jobs to cut costs

Viacom Inc. has issued pink slips to about 100 employees amid ongoing restructuring and cost-cutting at the New York media conglomerate. The layoffs reportedly hit support staff in departments such as information technology, finance and human res.....»»

Category: topSource: bizjournalsMay 15th, 2018

Verizon lays off 800 employees amid restructuring

Verizon Communications Inc. is cutting 7 percent of its media staff. The news comes just weeks after company CEO Hans Vestberg said AOL and Yahoo, which makes up the company's media division, "need to survive on their merits." About 800 jobs will b.....»»

Category: topSource: bizjournalsJan 24th, 2019

Caught in the turmoil: Durham practice scrambles to keep patients, staff safe

For the last three month, Dr. Desiree Palmer and her staff have been racing to adapt the business to meet the needs of patients and maintain the business amid the ongoing crisis......»»

Category: topSource: bizjournalsJul 3rd, 2020

An exclusive Montenegro resort island was an influencer obsession last summer — and it just reopened amid the pandemic. Take a look inside.

Courtesy of Aman Sveti Stefan Aman Sveti Stefan, a luxury resort and island in Eastern Europe's Montenegro, reopened on July 1. It can cost up to $6,000 to stay there for a week during high seaso.....»»

Category: topSource: businessinsiderJul 1st, 2020

With no games at arena, Fiserv Forum furloughs employees

Some staff at Fiserv Forum are being furloughed amid the ongoing coronavirus pandemic, according to TMJ4, the Milwaukee Business Journal's television partner. The Milwaukee Bucks said that a combination of furloughs, temporary pay reductions an.....»»

Category: topSource: bizjournalsJun 30th, 2020

San Mateo employee sues hospice provider for sending sales reps into nursing homes amid pandemic

The lawsuit claims the nation's largest for-profit hospice provider violated shelter-in-place orders and placed its employees as well as nursing home staff and residents at risk of Covid......»»

Category: topSource: bizjournalsJun 23rd, 2020

University of Pittsburgh to offer voluntary retirement program to faculty, staff to reduce costs

The University of Pittsburgh will offer a voluntary incentive retirement program for faculty and staff members as part of its plan to reduce costs amid the pandemic. According to the university, faculty employees who are 65-years-old or older and .....»»

Category: topSource: bizjournalsJun 18th, 2020

EXCLUSIVE: Greater Cincinnati firm launches spin-off to help schools return amid pandemic

A Blue Ash-based medical supplier has s.....»»

Category: topSource: bizjournalsJun 15th, 2020

Exclusive: Kimmel Center cancels 2020 programming with "every line of earning gone" amid pandemic

Philadelphia's major performing arts nonprofit is projecting $29 million in lost revenue and has launched a $10 million Covid-19 Relief Campaign......»»

Category: topSource: bizjournalsJun 12th, 2020

Key Words: ‘Buildings Matter, Too’: Top editor resigns over headline, as newspaper disavows its ‘riff’ on Black Lives Matter

Stan Wischnowski resigned after backlash from staff at the Philadelphia Inquirer over a headline from a story that said “there could be a gaping hole in the heart of Philadelphia” amid protests over the killing of George Floyd......»»

Category: topSource: marketwatchJun 7th, 2020

Key Words: ‘Buildings Matter, Too’: Philadelphia Inquirer editor resigns over headline, as newspaper disavows its ‘riff’ on Black Lives Matter

Stan Wischnowski resigned after backlash from staff at the Philadelphia Inquirer over a headline from a story that said “there could be a gaping hole in the heart of Philadelphia” amid protests over the killing of George Floyd......»»

Category: topSource: marketwatchJun 7th, 2020

Key Words: Black Lives Matter? ‘Buildings Matter, Too’ — Editor resigns over headline

Stan Wischnowski resigned after backlash from staff at the Philadelphia Inquirer over a headline from a story that said “there could be a gaping hole in the heart of Philadelphia” amid protests over the killing of George Floyd......»»

Category: topSource: marketwatchJun 7th, 2020

Charlotte Regional Business Alliance reduces staff by 20%

The Charlotte Regional Business Alliance has reduced its staff by 20% as part of a previously planned restructuring — moves accelerated by the financial pressures of the Covid-19 pandemic. Seven full-time and two part-time positions were eliminat.....»»

Category: topSource: bizjournalsJun 5th, 2020

American Air"s Don Casey to retire amid restructuring, Bloomberg reports

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: theflyonthewallJun 4th, 2020

Robert Morris University announces plans to furlough staff amid Covid-19

Robert Morris University announced Wednesday that it is furloughing several staff members due to the financial impact of the Covid-19 pandemic WPXI reported. In a release, Vice President of Public Relations Jonathan Potts said the impact from coronavirus.....»»

Category: topSource: bizjournalsJun 4th, 2020

WeWork temporarily shutters two D.C. locations, pulls staff amid protests

Shared workspace provider WeWork has temporarily closed two of its locations in the District and pulled staff from other sites in D.C. amid days of protests surrounding the death of George Floyd. The firm shuttered one of its largest local loca.....»»

Category: topSource: bizjournalsJun 3rd, 2020

Lufthansa vows company revamp as losses balloon

Lufthansa vowed to step up restructuring measures after posting a first-quarter net loss of 2.1 billion euros ($2.35 billion), days after agreeing a state bailout amid the fallout from the coronavirus pandemic. Edward Baran reports......»»

Category: videoSource: reutersJun 3rd, 2020