The company will raise hourly pay for employees at the top of its pay scale over the next three years, CEO Ron Vachris wrote in a memo to staff this week that was viewed by Bloomberg News.
January 31, 2025Private
Cargill Cutting 1,100 Jobs With Arkansas Plant Closure
Cargill Inc. will shutter a turkey-processing plant in Arkansas, cutting about 1,100 jobs amid a downturn in both turkey and the broader agricultural sector.
January 29, 2025Beacon Adopts Poison Pill to Defend Against Hostile QXO Bid
Beacon Roofing Supply Inc. has adopted a poison pill defense as the building products company pushes back against a hostile takeover approach from QXO Inc.
January 28, 2025Whole Foods CEO Buechel Named Amazon鈥檚 Grocery Chief
Buechel, a former management consultant, joined Whole Foods in 2013, and led efforts to unify the formerly decentralized chain鈥檚 technology and record-keeping systems.
January 28, 2025Beacon Roofing Solicits Bids to Fend Off Brad Jacobs' QXO
Beacon Roofing Supply has started soliciting interest from potential buyers as it looks to fend off an $11 billion takeover bid from rival QXO Inc., people familiar with the matter said.
January 24, 2025Amazon Layoffs Prompt Canada to Review Government Deals
Canada鈥檚 industry minister said Amazon鈥檚 decision to shut down all warehouses in Quebec and cut close to 2,000 jobs would prompt the government to examine its current deals with the company.
January 24, 2025Walmart Raises Pay for Market Managers
Walmart Inc. is raising compensation for some managers as the big-box retailer seeks to attract and retain staff.
January 24, 2025Amazon to Close All Warehouses in Quebec
Amazon.com Inc. will shut down all warehouses and lay off employees in the French-speaking Canadian province of Quebec.
January 22, 2025Trending
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