The Camden County freeholders on Thursday approved a $66,800 raise for Metro Police Chief Scott Thomson, bringing his annual salary to $230,000.
Thomson’s new contract guarantees that he will stay in Camden until at least 2019, county spokesman Dan Keashen said Friday.
“This is about retaining one of the sharpest law enforcement minds in the country,” Keashen said.
No county funds are used for the operation of the Camden County Police Department, which is paid for by Camden City and the state.
Deutsch: Logo von Yahoo (Photo credit: Wikipedia)
Editor’s note: Betcha nobody is yelling “yahoo” over this news!
(Reuters) – Yahoo Inc will lay off 2,000 people, or 14 percent of its workforce, in its deepest round of job cuts in years as new Chief Executive Scott Thompson tries to jumpstart growth with a leaner, more agile company while saving hundreds of millions of dollars.
Wall Street’s reaction was lukewarm, after two previous Yahoo CEOs failed to find an answer to rivals like Web-search leader Google and the Facebook social-networking site.
Sunnyvale, California-based Yahoo, which ended 2011 with some 14,000 employees, said it would save $375 million annually from the cuts and incur a pre-tax cash charge in the second quarter of $125 million to $145 million.
Read more: http://www.mcall.com/business/sns-rt-us-yahoo-layoffbre8330ly-20120404,0,1433746.story
Image via Wikipedia
BOSTON (MainStreet) — On Tuesday, Yahoo!(YHOO) announced that Jerry Yang, a co-founder of the company in 1995, had resigned from its board.
Did Yang step down by his own choice or was he pushed? That’s the story yet to be fully told.
The timing of the announcement will of course lead to speculation, as it comes two weeks after Yahoo named Scott Thompson, a former PayPal executive, as CEO. While Thompson pledges a return to profitability, Yang has been seen by many investors as letting his personal vision and attachment to the company stall necessary restructuring moves. As such, news of his resignation sent shares upward.
In addition to departing Yahoo’s board, Yang surrenders a similar post at Yahoo Japan and Alibaba Group, setting the stage that those assets may be sold. Yang’s exit could open the door for a broader restructuring of the parent company and attract otherwise gun-shy investors.
Roy's Rants - For Your Information 