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| New Center, Jobs Part of Verizon Wireless’ Growth in New Mexico |
| Today’s official dedication of the new Verizon Wireless Customer Service and Wireless Data Technical Support Center supports the company’s commitment to providing quality customer service in the wireless industry. The opening of the new center also caps a year of a significant expansion of the wireless company’s presence in New Mexico, including new jobs for the Albuquerque community. The company continues to expand its customer service capabilities both in New Mexico and nationally to serve its growing number of customers. Verizon Wireless has added approximately 800 new full-time data technical support and customer service positions in Albuquerque already this year. Verizon Wireless recently announced plans for new customer service centers to open in late 2007 in Huntsville, Alabama and Lincoln, Nebraska. |
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[Full Article]
Jan-04-2007 |
| Nardelli Exit Package May Bring New Rules |
Home Depot Inc. CEO Robert Nardelli's $210 million severance package may be the catalyst for legislation that tries to rein in executive pay at U.S. companies. Nardelli, 58, was ousted after Atlanta-based Home Depot's shares dropped 7.9 percent and the company lost market share to Lowe's Cos. during a six-year reign in which he earned $225 million. Nardelli's exit pay includes $20 million in cash and compensation earned and not yet received. Congress and the U.S. Securities and Exchange Commission have focused on excessive executive pay in recent months. In July, the SEC began the biggest overhaul of rules covering compensation in 14 years, calling on companies to expand the information they provide to investors about the salary, incentives and perks given to senior executives.
[Source: Bloomberg]
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[Full Article]
Jan-04-2007 |
| IBM To Employ 100,000 Workers In India By 2010 |
IBM will double its staff in India to about 100,000 workers within four years, according to an analyst at consulting firm AMR Research. IBM has a policy against commenting on employee growth rates for specific countries, so the number can't be verified. However, it's a reasonable prediction based on IBM's recent past. Between March 2005 and March 2006, IBM raised head count in India from 23,000 to 39,000 — an increase of 70% in just one year. The company has also said publicly it would invest $6 billion in India over the next two years to build out its presence in the country.
[Source: Informationweek]
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[Full Article]
Jan-02-2007 |
| Yahoo Realigns |
| Yahoo Inc. last week announced a reorganization of its structure and management that it says will align its operations with its key customer segments — audiences, advertisers and publishers — and more effectively leverage Yahoo’s strengths to capture future opportunities for growth. Yahoo says its strategy is to create unique user experiences and consumer insights by leveraging its global user participation, connections and data. Under the new structure, Yahoo will have two customer-focused groups — the Audience Group and the Advertiser & Publisher Group — each led by a senior, operating executive, and a strengthened technology function headed by the chief technology officer. |
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[Full Article]
Jan-02-2007 |
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