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Forty Percent of NewAge® Industries is Now Owned by Its Employees
2013-01-23 06:00:00| Industrial Newsroom - All News for Today
Adds to Their Previous Ownership of Thirty Percent Southampton, Pa. - The recent holidays were a time for togetherness and gift giving, and together the team members of NewAge Industries received an unexpected gift. The company's CEO and majority shareholder, Ken Baker, recently announced that in early 2013 he will sell an additional ten percent of NewAge's shares to the company's ESOP (Employee Stock Ownership Plan), raising the total of the ESOP's ownership to forty percent. "This action ...
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NV Energy employees volunteer at Three Square Food Bank
2013-01-22 07:34:01| Semiconductors - Topix.net
Employees, along with their families, volunteered at Three Square Food Bank as part of the national MLK Day of Service.
Nokia outsources IT functions, over 1,000 employees affected
2013-01-17 20:22:34| IT Services - Topix.net
Nokia is planning to transfer up to 820 employees to HCL Technologies and Tata Consultancy Services and lay off up to 300 people as the company reorganizes its IT organization.
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Nokia outsources IT, over 1,100 employees affected
2013-01-17 11:41:00| Telecompaper Headlines
(Telecompaper) Nokia has outlined plans to outsource its IT organisation, affecting around 1,120 employees. A total 820 employees with transfer with the IT operations to HCL Technologies and Tata Consultancy Services. Another 300 employees at the global IT organisation will be made redundant. The plan is part of the broader restructuring at Nokia aimed at lowering costs as the handset maker suffers a drop in sales. The majority of the employees affected by the IT outsourcing are based in Finland.
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Pratt & Whitney Laying Off 200 Employees in Middletown, East Hartford
2013-01-16 02:03:46| Industrial Machines - Topix.net
Aerospace company Pratt & Whitney is laying off roughly 200 salaried employees at its Middletown and East Hartford locations, a company official confirmed Tuesday.
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