The Wells Fargo fake account fiasco has already resulted in the “retirement” of the bank’s CEO, John Stumpf, and Carrie Tolstedt, Wells’ head of retail banking, for allowing employees to open millions of unauthorized accounts in customers’ names. But the bloodletting isn’t done yet, as Wells has dismissed four additional executives without the PR-friendly spin of “retirement.” [More]
Age is just a number, unless that number is used by an employer to discriminate against you, which is why four current and former employees of Jewel-Osco are suing the supermarket chain. [More]
Barnes & Noble is ditching its CEO of about a year, Ronald Boire, saying in a statement today that he “was not a good fit for the organization” and that the company would begin their search for a new CEO immediately. [More]
Things continue to unravel for Martin Shkreli, best known as the guy whose company bought the rights to a previously affordable, life-saving generic drug, then increased its price by 5,400% overnight. After being arrested last week in an unrelated securities-fraud investigation, the “pharma bro” has lost his spanking-new job as CEO of KaloBios Pharmaceuticals. [More]
A maintenance employee for Walmart thought he was doing the right thing by handing over a stack of bills totaling $350 that he found discarded in the store’s parking lot. But instead of being thanked for his honesty, the man says he was fired because he waited 30 minutes before handing over the cash. [More]
For several years now, Consumerist has reported on variety of stories where a former Walmart employee says they were fired either stopping a shoplifter or defending themselves in an altercation with customers. The latest such incident involves the manager of an Alabama Walmart who claims he was dismissed after stopping an alleged repeat offender from shoplifting again. [More]
It’s totally understandable for someone to be angry over the loss of their job. But it is not okay for that person to then run their car into their former place of business. [More]
Welcome to the modern surveillance state. Everywhere you go, there are countless hidden devices that could be spying on you, ready to splash your image and actions in front of millions for public ridicule. We mean smartphones, of course. One New York City-area FedEx driver learned this the hard way when a motorist filmed her hurling packages into a truck, and she lost her job. [More]
A Florida Walmart has fired one of their security officers for giving chase to a knife-wielding shoplifter who took off running across the store’s parking lot. Josh Rutner told the Star-Banner, “I couldn’t let him get away. That’s wrong.” That second sentence may be true, but security guard != officer of the law.
A North Carolina Honeybaked Ham store manager was shot in an attempted store robbery in April, and has been recovering on worker’s compensation since the shooting. Now that his benefits have run out, the store very thoughtfully has terminated his employment. (Update: Honeybaked Ham sent us a statement with their take on this situation, which is appended at the end of this post.)
If you’re still on the fence about whether to spend your stimulus check, pay off debt with it, or stock up on ramen noodles, this checklist may help you decide. Some of the tips are pretty unnecessary—”your job duties are marginalized” and “your company plans to move to a smaller building” shouldn’t be hard to decipher. It never hurts to remind yourself about some of the signs of an impending downsize, however.
Founder of JetBlue David “Mortified” Neeleman is no longer the CEO of his company, effective immediately. He’ll continue on as “non-executive chairman,” and play a “more strategic role.” Whatever that means.
They have a tall order ahead in repairing strained relations with customers and winning back the more than 10,000 people who have canceled their subscriptions since October.