Amazon has poached former Uber manager Alex Vickers and Justin Ginsburgh, known for starting New York’s Citi Bike bikeshare service, to helm its eBike delivery team, CNBC reported. The move may show that the eCommerce giant is looking to bolster delivery times. Vickers, who previously...
NS8, a Las Vegas-based online fraud prevention and detection software maker for small and medium-sized businesses (SMBs), has begun layoffs following the abrupt resignation of its CEO. The Las Vegas Review-Journal reported that Adam Rogas resigned on Sept. 1 “with immediate effect,” according to James...
Colleen Taylor, a Wells Fargo alum, will join American Express as the company’s new president of merchant services, a press release announced. In her new role, Taylor will report to Global Merchant and Network Services President Anré Williams. She will “lead the organization that acquires...
It’s time to return to the office. That’s the message J.P.Morgan Chase & Co. executives gave the bank’s senior staff in its sales and trading divisions, sources told The Wall Street Journal. Marc Badrichani, the bank’s head of sales and research, and Trading Chief Troy...
Citigroup Consumer Banking Chief Jane Fraser will take the top spot early next year when current CEO Michael Corbat retires, CNBC reported. Fraser would be the first female CEO of a U.S. mega-bank. Corbat, 60, said he will retire in February after having held the...
Employee compensation and benefit costs were the No. 3 concern identified by more than 1,000 C-Suite executives recently surveyed by the Association of International Certified Professional Accountants – a jump of six spots in the ranking of concerns from three months ago, the group reported...
FastSpring, the software as a service (SaaS) company, announced it has named Zia Zahiri chief technology officer. Zahiri will be responsible for leading the technology strategy and development team at the Santa Barbara, California-based firm and helping drive products to market. He has 20 years...
MGM Resorts International CEO William Hornbuckle delivered bad news to his 18,000 furloughed U.S. employees on Friday (Aug. 28): They will not be invited back to work. The Wall Street Journal reports that the layoffs represent 25 percent of the company’s pre-COVID workforce of 68,000, as the...
U.S. and Canadian banks are all but certain to cut personnel costs as the COVID-19 shock gives way to more long-term economic problems, even though the CEOs of some banks pledged this past spring to not lay off employees, per sources as reported by Reuters...
