Companies lay off vast numbers of workers with such regularity that you may not have noticed the announcement. Last week Citigroup Inc. said it would lay off 11,000 workers worldwide, citing a need to reduce expenses. Yet, at the same time, Citi revealed it gave top execs hefty "incentive awards," including ...
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NEW YORK -- Best Buy said Monday its founder Richard Schulze is stepping down as chairman after an investigation found that he knew that the CEO was having a relationship with a female employee and failed to alert the audit committee. The company also said that despite the ...
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By Jennifer Booton Best Buy is reportedly probing former CEO Brian Dunn's personal life to see if he misused company assets while having an alleged affair with a female subordinate. The company did not immediately respond to FOXBusiness.com for this story, but a spokesman told The Wall Street Journal that ...
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