redundancies
Meatpacker JBS Removed At-Risk Workers from Beef Plant Amid Covid-19 Surge
Meatpacking company JBS USA Holdings Inc. said it has removed hundreds of at-risk workers from a Colorado beef plant in response to rising Covid-19 infections, as the U.S. meat industry seeks to defend itself against the pandemic’s current surge. JBS’s move comes as the largest U.S. beef processor faces a fresh Covid-19 outbreak in Greeley, …
BuzzFeed to Acquire HuffPost in Stock Deal With Verizon Media
BuzzFeed Inc. has agreed to acquire Verizon Media’s HuffPost in a stock deal, the companies said Thursday, uniting two of the larger players in digital media as companies across the sector search for ways to jump-start growth. The acquisition is part of a larger deal between BuzzFeed and Verizon Media, a unit of Verizon Communications …
SoftBank’s Vision Fund Tries to Lower Risk
Masayoshi Son, SoftBank’s chairman and CEO who also runs the Vision Fund, has told staffers at the fund to push the companies in which it owns stakes to generate cash, these people said, a drastic shift from his earlier demands that they spend aggressively to drive sales growth. Vision Fund executives are scrutinizing some deals …