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Phoenix's Carvana doubling its workforce with plans to disrupt the car-buying process

2014-08-16 09:28:22| Auto Dealers - Topix.net

Carvana, a Phoenix-based online used auto retailer, is doubling its workforce by hiring more than 30 people to meet the growing demand for online car sales.

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Report: Sprint to Get Aggressive, Launch Cheaper Plans

2014-08-15 22:37:49| PC Magazine Cell Phones Product Guide

New Sprint chief Marcelo Claure will reportedly kick things off by launching new, aggressive pricing plans next week.

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Top 6 Best-Selling House Plans and Why They Have Curb Appeal

2014-08-15 16:49:47| The House Designers

Our collection of house plans spans many different styles with many different features but our best-selling house plans all have one thing in common. They all have curb appeal. We are counting down our top 6 house plans and showing you just why these homes will be the envy of any block they happen [...]

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Scottish Government says no to UK fracking plans

2014-08-15 04:33:00| Climate Ark Climate Change & Global Warming Newsfeed

Energy Live: The UK Governments plans to remove the right of householders to object to fracking companies drilling under their homes are being opposed by Scotland. Earlier this year the UK Government proposed to grant shale oil and gas firms automatic access to land below 300 metres in a bid to speed up exploration. In return, communities would receive a one-off payment of 20,000 per well. However, Scottish Energy Minister Fergus Ewing believes the powers on this issue should be with Scotland. He said: The...

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Cisco plans more job cuts as quarterly sales flat

2014-08-14 08:44:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenue of USD 12.4 billion for its fiscal fourth quarter to July, down 0.5 percent from a year earlier. The gross margin rose to 59.9 percent from 59.2 percent a year ago, while the operating margin fell to 21.7 percent from 22.7. Net profit dropped 1.0 percent over the same period to USD 2.2 billion. Cisco said the operating environment remained "tough" but the company's book-to-bill ratio was "comfortably over 1" in the quarter. Cisco spent in total USD 13.3 billion in the past fiscal year on share repurchases and dividends and finished the year with total cash of USD 52.1 billion. While the company's headcount rose by around 1,000 last year to 74,000, Cisco announced another round of job cuts. It will eliminate around 6,000 positions at a restructuring cost of USD 700 million. Cisco CEO John Chambers told the Wall Street Journal that the job cuts are designed to make room for adding different kinds of skills, rather than lowering costs. He does not expect the total headcount to change over the current fiscal year, as staff are added in areas such as data centres, security and cloud offerings. 

Tags: sales job plans flat

 

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