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Lyft is laying off 982 employees, furloughing a further 288 due to COVID-19 pandemic

Less than 24 hours after it was reported that Uber was considering layoffs of 20% of staff, its big rival Lyft is announcing its own cuts. Today the company said it would be reducing employee count by 17%, working out to 982 employees, and furloughing an additional 288, due to the effects of the COVID-19 pandemic […]




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GoPro lays off 200 employees representing 20% of the company

Action camera manufacturer GoPro has announced some massive organizational changes at the company. In particular, the company is laying off more than 200 employees — which represents a 20% staff reduction. GoPro plans “office space reductions in five geographies” as well as a reduction in operating expenses. The company expects a “$100 million reduction in […]




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BuzzFeed extends pay cuts and furloughs 68 employees

BuzzFeed plans to furlough 68 employees as part of broader cost-cutting measures, according to a memo from CEO Jonah Peretti that was shared earlier by Variety. We’ve also obtained a copy of the memo, in which Peretti said the furloughs will affect the business, studios and administration teams. It sounds like the furloughs do not […]




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How to Recruit Employees With Equity

Before raising capital, it's often hard to pay potential employees, but you can still offer exponential future returns.



  • Starting a Business

employee

Google and Facebook extend work-from-home plans until 2021 to protect employees from coronavirus 

Google and Facebook have told most employees to keep working from home for the rest of the year as part of a response by the tech giants to the deadly coronavirus pandemic.




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Angelina Jolie's deaf employee claims the actress stole her idea for film Eternals

Abbamonte, 53, who also works as a film producer/actress, says Jolie stole her idea for the first ever deaf superhero for the upcoming movie The Eternals.




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Facebook shares plummet nearly 4 per cent as company's OWN employees dump stock

The social networking giant ended the day down 3.79 percent after 99million shares changed hands. Company stock fell 83 cents to close at $21.11 Wednesday. The stock is down 44 percent from its IPO price of $38.




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Business owners start issuing face masks to their employees

This weekend Marks and Spencer, Sainsbury's and Asda gave masks to employees as the Government comes under more scrutiny to change their recommendations to protect workers.




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Crown Resorts stands down more than 11,000 employees amid the coronavirus pandemic 

Crown Resorts have stood down more than 11,000 employees in Melbourne and Perth due to the coronavirus pandemic. 




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El Paso Walmart employee and customer helped 140 escape when gunman Patrick Crusius opened fire 

Veteran employee Gilbert Serna, 36, and loyal customer Adria Gonzalez, 37, have been credited with saving dozens of lives by directing people to safety during the massacre on Saturday.




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Emotional Beto O'Rourke gives El Paso Walmart employee his cell number

Beto O'Rourke offered his personal cellphone to El Paso shooting witness, Sean Nixon, 20. The Democratic presidential candidate who is from El Paso has spent several days in the town.




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Elon Musk is 'full of s**t', say former Tesla employees and solar energy experts

Musk's credibility has been questioned by former employees and industry experts who say his plans for solar panels amount to nothing more than hot air.




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Man, 28, is arrested for 'storming behind a McDonald's register and punching two employees'

Victor Jimmy Castro, 28, had ordered food from a McDonald's located inside of a Layton Walmart off Hillfield Road. During the assault, he told employees that they had gotten his order wrong.




employee

Subway employee, 18, shot at coworker's mom because she made a wrap instead of a sub

Destin Garcia, 18, faces charges of aggravated assault and battery after allegedly drove to his co-worker's house in a rage and fired shots at her mom.




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Major grocery stores across the US report first employee deaths

Supermarkets in the United States are reporting their first employee deaths related to COVID-19. At least four employees at major chains like Walmart have died.




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Walmart store in Colorado SHUT DOWN after an employee and two others die of coronavirus

State Health officials shutdown a Walmart Supercenter in Aurora, Colorado, after two employees and spouse linked to the store died of coronavirus this month




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Tyson Foods employee claims he was told he was 'safer at work than shopping at Walmart'

Ernest Latiker, main. works at the now shuttered facility in Waterloo, Iowa. 'I wanted to believe to them and I needed the money at the same time', he said.




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Amazon, Walmart, Target and FedEx employees plan joint walkout

Workers at Amazon, Instacart, Whole Foods, Walmart, Target and FedEx plan to take part in the May 1 protest by calling out sick or walking off the job site, according to The Intercept.




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Shocking video shows McDonald's employee viciously beating unruly customer

The incident took place at the McDonald’s location on Martin Luther King Drive in Chicago. The McDonald’s employee is seen punching the customer and then shoving him to the ground.




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Employers want ‘Gurus’ and ‘Ninjas’ while employees remain thinkers and starters

A well-crafted resume should include the very keywords that are a part of the job’s description.However, according to job search platform Indeed, the difference in the job descriptors used by the recruiters to that of the aspirants is acting as a barrier in finding the right talent for the organisations.Indian recruiters use descriptors such as ‘scalable’, ‘authentic’, ‘disruptive’, ‘evangelist’ and ‘value add’ to put forward the expected quality traits of the potential job seeker. While the job aspirants often use terms such as organised, team player, hardworking, dynamic, enthusiastic and passionate to describe their capabilities. A well-crafted resume should include the very keywords that are a part of the job description.According to researchers, hiring managers spend a mere six seconds




employee

Lava resumes operations at Noida factory with 600 employees

Domestic mobile brand Lava on Saturday said it has resumed production at its manufacturing facility in Noida with over 20% production capacity.Nearly 600 employees of its 3,000-strong workforce are now back at the factoryNearly 600 employees of its 3,000-strong workforce are now back at the factory.The company has arranged special buses for the transportation of its employees.All major smartphone players like Samsung, Vivo, OPPO and Realme resumed limited operations in the Noida-Greater Noida manufacturing belt from May 8.Domestic mobile brand Lava on Saturday said it has resumed production at its manufacturing facility in Noida with over 20% production capacity.Nearly 600 employees of its 3,000-strong workforce are now back at the factory after the company received an approval from the state




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Instagram's extreme pursuit of the perfect office is revealed by ex-employee

The book 'No Filter: The Inside Story of Instagram' by Bloomberg journalist Sarah Frier chronicles the company's extreme pursuit of the picture-perfect office.




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Taylor Swift 'amazes' staff as she pays salary and healthcare for employees at vintage record store

When she was 13 year's old her family moved to Nashville to pursue her budding music career. 




employee

Ring lights, loved by influencers and YouTubers, are now being snatched up by work-from-home employees for Zoom calls and video chats

Millions of people have quickly had to adapt to working from home during the pandemic, leading some to scramble to look presentable over video chats with colleagues.One strategy workers have used is the purchase of a ring light, a product that can be used in your video set-up to to improve lighting of your face on-camera.Right lights have already been popular buys for influencers, vloggers, and TikTok creators who adopt various tools to produce professional-quality videos uploaded online.Visit Business Insider's homepage for more stories.The ring light is beloved by YouTubers and aspiring TikTok creators for casting a flattering, even glow across anyone's face. Now, ring lights are seeing widespread interest among people tuning into Zoom work calls from their poorly lit homes during the pandemic.Video




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How one global company is planning to bring its 75,000 employees back into the office after the pandemic subsides - while still keeping remote work as an option

Government officials and business leaders to begin thinking about how to re-open the US economy. But many operating procedures in place before the outbreak are unlikely to return back to normal - at least in the near-term. Cisco, for example, is weighing whether to place employees into two "teams" and tier which cohort can be in the office working at a certain time - effectively continuing some of the social distancing guidelines currently in place.The tech giant also plans on continuing a halt on business travel, according to Chief Operating Officer Irving Tan.Visit Business Insider's homepage for more stories.The sudden pivot to remote work led to a few chaotic weeks as companies scrambled to make the necessary adjustments. But as corporations begin to settle into the new normal - or at




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States and cities are stepping up to help businesses survive. Here are the best funding programs nationwide to help you pay rent, keep employees, and restructure your debt.

States and city governments are offering millions in loans and grants to businesses affected by the coronavirus pandemic. California's IBank is offering up to $50,000 in direct loans and loan guarantees for companies with fewer than 750 employees, while Maryland is granting $100,000 to manufacturers that can quickly pivot to make personal protective equipment (PPE) and other critical needs items. Most applications are submitted online and require basic business information as well as proof of how business revenue declined due to COVID-19.This piece will be updated as new information becomes available.Click here fore more BI Prime stories.As the coronavirus pandemic continues to disrupt the lives and operations of millions of American business owners, more state and local governments are offering




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Your business could defer taxes and get credits for keeping employees. An expert explains how to know if you're eligible.

Two tax provisions of the $2 trillion stimulus package could put cash back into small business owners' pockets almost immediately. Most businesses will be eligible to defer payroll taxes and receive tax credits for keeping employees.However, businesses may not be eligible for tax relief if they receive a forgiveable loan through the Paycheck Protection Program.To understand how business owners can take advantage of these programs Business Insider reviewed IRS guidelines and spoke with a small business advisor at Wiss & Co. accounting firm. Click here for more BI Prime content.Businesses that have been forced to close, limit operations, and lay off employees during the coronavirus pandemic have several lifelines available to them, two of which are tax-related and could put cash back in their




employee

COMMENT: Liverpool have shredded reputation by putting wealth before employees

COMMENT: If you want to see how a decision has been received, turn to social media. Within 24 hours of Liverpool revealing they would furlough staff, the club were being ridiculed.




employee

Boeing fires mid-level executive over 'embarrassing' emails between employees 

Keith Cooper, the former Vice President of training and professional services at Boeing, was fired on Wednesday over shocking internal messages between employees about the grounded 737 Max.




employee

Marco Rubio blasts Veterans Administration employees for not coming to work

Sen. Marco Rubio, who has the worst attendance record in the US Senate, proposed a bill on Tuesday to authorize the firing of delinquent Veterans Administration employees




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Trump officials launched probe to find a State Department employee who liked Chelsea Clinton's tweet

The White House launched a months-long investigation after the U.S. Mission to the European Union in Brussels, Belgium liked one of Chelsea Clinton's tweets that was critical of Donald Trump.




employee

Grocery chain denies HIV prevention drugs to employees 

Publix has many stores in four of the top 10 cities in the US for new annual HIV diagnoses, but the Southern grocer is refusing to cover PrEP and failing to give a clear explanation for the decision.




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Haas furlough most of UK staff as they join several F1 teams in placing enforced leave on employees

F1 team Haas have placed the majority of their UK staff on furlough as coronavirus continues to impact on major sports teams. Haas' drivers have also agreed to wage cuts.




employee

Decorated GCHQ employee, 39, is released after spending a 'terrible' night in jail for filming women

Mark Nicholls (pictured), 39, of Stonehouse, Gloucestershire, got a three-year community order with 40 programme requirement sessions.




employee

UK's youngest CEO, 14, now has six employees and runs business while studying for GCSEs

At just 14 -years-old, Jenk Oz hasn't yet sat his GCSEs - but he's already running a business that has global reach providing teens and tweens with a 'going out guide'.




employee

Peterborough United offer Thomas Cook employees free tickets to Wimbledon clash

Peterborough United have announced that they will offer free tickets to Thomas Cook employees for Saturday's clash against Wimbledon after the collapse of the travel company.




employee

'I'll cut you up': Two boys are seen threatening employees outside Asda

Two boys are seen intimidating employees outside of the Asda store in Gosport, Hampshire, as staff attempt to guard the entrance to the supermarket on Bank Holiday Monday.




employee

VERY creative ways employees working from home juggle looking after their kids  

As millions of people around the world adapt to working from home, those with children shared their hilarious attempts at being productive on Twitter - including a laptop placed inside a child's cot.




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Employee dressed as Star Wars stormtrooper held at gunpoint when police mistake blaster for gun

Canada police drew their guns on a female worker, 19, dressed as a stormtrooper at a Star Wars-themed restaurant thinking her blaster was a real weapon on Monday.




employee

Warren creates legal 'release' to let ex-Bloomberg employees who signed NDAs speak

Elizabeth Warren also has a plan for how Mike Bloomberg can release ex-employees from those non-disclosure agreements he got criticized for during the Democratic debate.




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Chip company whose employee was first US COVID victim suspected 2 other cases in March

Lam Research has several offices across the US but also in Asia, including in Wuhan. It is who Patricia Dowd, 57, worked for until her death on February 6 which was from COVID-19.




employee

Former Disneyland employee reveals what celebrity våçisitors were really like

Nicole Smith, 31, used to work at Disneyland in California. In a series of TikTok videos, she named all of the celebrities she encountered at the park




employee

Snapchat postpones annual summit and asks most employees to work from home amid coronavirus pandemic

An internal memo circulated by Snapchat CEO Evan Spiegel, says the company will cancel an event scheduled for April 2 that was meant to act as a summit for developers, advertisers, and creators.




employee

Google Cloud manager RELEASED by police after being arrested for Microsoft employee wife's murder

Harvard-educated Sonam Saxena, 43, reported his wife Smriti missing on Tuesday claiming the 41-year-old mother-of-two had vanished during a late night stroll on a secluded beach in Hawaii.




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Employees urged to turn off smart speakers while working from home during the coronavirus

As millions around the globe work from home to limit the spread of coronavirus, employers are urging staff to turn off their smart speakers to keep the devices from listening to phone calls.




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Google tells its employees they won't return to company office until at least June 1st

Google has told its employees the company offices will remain closed until at least June 1st because of the ongoing COVID-19 pandemic, and when it does reopen it will likely be in stages.




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Trillion dollar club breakdown: Amazon makes $16K per worker while Apple makes $435K an employee

Apple makes more per employee and has the highest profits in a new trillion dollar club breakdown, leading with $59.5, besting Google parent Alphabet, Microsoft and Amazon.




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For a Nebraska City, Essential Employees Work as Virus Fears Grow

Industrial businesses in one Nebraska city implement safety procedures and adapt to social distancing guidelines in order to keep the doors open during the coronavirus pandemic. WSJ’s Erin Ailworth reports from Grand Island, Neb. Photo: Erin Ailworth




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RBI Employees contribute ₹7.30 crore to PM CARES Fund

The employees of the Reserve Bank have decided to contribute one or more day's salary to the PM CARES Fund, in response to the call to support during the emergency situation. The total contribution from the employees amounting to ₹7.30 crore is being remitted to the PM CARES Fund. The COVID-19 pandemic and the related dislocation in normal economic activity has severely affected the economically weaker sections of the society and their means of livelihood. To help the people affected by any kind of emergency or distress situation, like the one posed by the COVID-19 pandemic, Government of India has set up a public charitable trust named Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) to receive contributions from various sources.




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Employees of EPFO contribute Rs 2.5 crore to PM CARES fund

The employees of Employees Provident Fund Organization (EPFO) have come forward to support the Government's initiative in combating national crisis of COVID-19 pandemic and voluntarily contributed one day's salary- amounting to around Rs. 2.5 crore to the PM CARES Fund. EPFO, as one of World's largest Social Security Organizations, stands committed in the service of the nation in every possible way. The COVID-19, declared as a pandemic by the World Health Organization, has posed serious challenges for the health and economic security of millions of Indians. Government of India has set up a public charitable trust under the name of 'Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund' (PM CARES Fund) with the primary objective of dealing with any kind of emergency or distress situation. Officers and staff of EPFO are also contributing by putting in extra efforts for providing relief by expeditiously processing EPF withdrawal claims including COVID claims under