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EMPLOYEE QUITS FORTUNE 500
Warren Buffett’s business invested $35 million in a struggling electricity company; Jeffrey Sprecher bought the near-bankrupt firm for $1,000 in 1997 and built an $85 billion giantJeffrey Sprecher acquired Continental Power Exchange in 1997 for just $1,000. He used this struggling company as a foundation to create Int...
‘They treated me like a corporate spy’: Employee says he was terminated minutes after giving two-week notice, sparks debate on company loyaltyAn anonymous employee has described an abrupt end to their four-year stint at a company after submitting a two-week resignation notice and ...
In 1935, Grace Groner, a secretary, invested $180 in her employer Abbott; 75 years later, it had grown to about $7 millionGrace Groner made a $180 investment in Abbott Laboratories in 1935 while working as a secretary. She held onto the shares for about 75 year...
Jensen Huang cleaned bathrooms at 9; in 2006, he launched CUDA as Nvidia’s valuation plunged. 18 years later, it helped make GPUs central to AIJensen Huang's journey started at a boarding school in Kentucky, where he worked as a janitor. After his parents joined him, they faced fin...
Employee quits Fortune 500 company three days into PIP, lands government job paying $17K more, then notices former coworker checking LinkedIn 8 times in one day before sending a requestAn employee who quit a Fortune 500 company three days into a performance improvement plan (PIP) says their career quickly turned around, wi...
Zomato employees once took a 20% salary cut when times were tough. That later became a 30X fortune, recalls ex-stafferDuring Covid, Zomato employees accepted salary cuts after the company’s food delivery business nearly shut down and it had only 45 days of ...
In 1954, 52-year-old Ray Kroc visited a restaurant using 8 of his milkshake mixers. 30 years later, he helped McDonald’s grow to 7,500 locations and left a $600 million fortuneRay Kroc visited a McDonald’s restaurant in 1954 after it ordered many of his machines. He opened his first McDonald’s location in 1955 and...
AI is making employees faster, but why isn't it making companies much more productive?Artificial intelligence is helping employees improve their individual productivity, yet overall business performance remains stagnant. Many...
Employee put on PIP after 5 years decides to leave after secretly securing another job, but an unexpected COBRA tip makes the resignation timing a bigger questionAn employee put on a performance improvement plan (PIP) after five years at a company had already secured another fully remote job and was ...
Employee quits after 6 months of burnout leads to hospitalization; in a shocker, boss offers promotion, salary raise of their choice and 3 months off in bid to keep themAn employee from Philippines faced intense burnout after repeatedly taking on more than they could handle at work. Following a stressful ho...
Manager gives loyalty speech after 4 employees quit in a month, staff look at each other without responding, then another resigns before the shift endsA manager’s speech about loyalty reportedly backfired after four employees quit in less than a month over heavy workloads and understaffing...
The ET HR Excellence Awards: Recognising excellence in employee-centric HR service deliveryThe Excellence in HR Service Delivery & Employee Support category honors organizations that improve employee access to HR services via opti...
Indian executives are gaining clout in US corporate boardroomsThe landscape of S&P 500 boards has seen a noteworthy shift, with Indian men now occupying a record 16 seats. This development reflects the...
Raj Subramaniam took his roommate’s abandoned FedEx interview in 1991; 31 years later, he became CEO of the $75 billion shipping giant after rising through its ranksRaj Subramaniam's professional path took off at FedEx, where he capitalized on an opportunity initially set for his roommate. Climbing the ...
America's top 5 most favoured companies by employees: Offices that staff think help work-life balances, provide good salaryU.S jobs are often considered as one of the most lucrative ones around the world. Millions of employees within the United States of America...
EPF wage ceiling history: How ₹300 became ₹25,000 and what it means for your salaryThe wage ceiling for the Employees’ Provident Fund has officially increased to Rs 25,000, effective September 17, 2026. This much-needed re...
Bengaluru-based startup founder says he stopped recruiting men from Bihar, UP, Rajasthan, MP; netizens divided over reasonA Bengaluru entrepreneur has announced a hiring restriction covering male candidates from Uttar Pradesh, Rajasthan, Bihar and Madhya Prades...
Enterprise AI startup Ema raises $77 million led by CreaegisFounded in 2023 by former Coinbase chief product officer Surojit Chatterjee and Souvik Sen, Ema builds AI employees for enterprise function...
Verizon to invest $70 million in AI training effortVerizon is investing $70 million in a nationwide effort to provide AI training to job seekers, small business and educators as the US econo...
48-year-old doctor leaves 2-decade-long medical practice to run a shop, says ‘she's so happy’After two decades in the medical field, Dr. Dong Min made a bold leap into entrepreneurship by opening her own bun shop. Her journey began ...