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Mark Cuban Paying Mavs Employees $35 Mil In Bonuses After Selling Stake In Team

TMZ.com Saturday, 6 January 2024
Mark Cuban is making sure his Mavericks employees are being taken care of following his sale of the majority stake in the NBA franchise ... promising to dole out $35 million-plus in bonuses in the near future. The former Dallas owner made the…
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Dallas Mavericks Dallas Mavericks National Basketball Association team in Dallas

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Dallas Dallas City in Texas, United States

Walmart Lays Off Hundreds of Workers While Requiring Others to Relocate [Video]

Walmart Lays Off Hundreds of Workers While Requiring Others to Relocate

Walmart Lays Off Hundreds of Workers , While Requiring Others to Relocate. On May 14, the retail giant announced layoffs impacting several hundred employees at campus offices, NPR reports. It was also revealed that most remote workers and employees in Dallas, Atlanta and Toronto will be required to move to "Bentonville, Arkansas; Hoboken, New Jersey; and the San Francisco Bay Area," NPR reports. Chief People Officer Donna Morris let workers know in a memo. It has been a little over four years since we faced the global pandemic that reshaped our lives in many ways, including our ways of working. , Chief People Officer Donna Morris, via memo. With the goal of bringing more of us together more often, we are asking the majority of associates working remotely, and the majority of associates within our offices in Dallas, Atlanta, and our Toronto Global Tech office, to relocate. , Chief People Officer Donna Morris, via memo. Morris went on to address the "reduction of several hundred campus roles." . While the overall numbers are small in percentage, we are focused on supporting each of our associates affected by these changes, Chief People Officer Donna Morris, via memo. A reason for the layoffs was not provided other than the fact that "some parts of our business have made changes," Morris said. We have had discussions with associates who were directly impacted by these decisions. , Chief People Officer Donna Morris, via memo. We will work closely with them in the coming days and months to navigate the best path forward, Chief People Officer Donna Morris, via memo

Credit: Wibbitz Top Stories    Duration: 01:31Published

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