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Hearst Lays Off Around 200 Employees From Magazine Division
Hearst Magazines has just fired around 200 employees, most of whom were assigned to the company's midtown Manhattan headquarters, according to multiple reports.
Cosmopolitan, Esquire, Good Housekeeping, Men's Health, Popular Mechanics, Town & Country, and Harper's Bazaar are among the titles the division of Hearts Communications publishes.
Affected employees were notified in a private meeting days before Thanksgiving, according to New York Magazine.
Some of the Hearst publications :were already run by a skeleton crew" after years of downsizing, the report in New York said.
Amazon Workers Go On Strike, Protest In 20 Nations, Including US
Amid the busiest shopping weekend of the holiday season, workers for Amazon, the world's largest online retailer, have gone on strike.
Protesting under the banner of “Make Amazon Pay.” employees have walked off the job across six continents in 20 countries, including the United States.
The strike is scheduled to last from Black Friday on Nov. 29 through Cyber Monday, Dec. 2, the UNI Global Union announced, saying protests will be held in majors cities in the US, United Kingdom, Germany, Japan, India, Brazil and elsewhere.
The strike could cause customers' holiday deliveries …
Cybersecurity Issue Hits Giant, Food Lion, Other Supermarkets, Parent Company Says
A cybersecurity “issue” has led the parent company of a supermarket chain to disconnect some systems to protect them.
Ahold Delhaize USA said it recently detected a cybersecurity issue within its US network.
"Immediately upon detecting the issue, our security teams began an investigation with the assistance of external cybersecurity experts," the company said. "We also notified law enforcement."
The move affects:
Stop & Shop, which has around 400 locations in New England, New York, and New Jersey;
Hannaford, with stores in eastern upstate New York and New England;
Giant Company, with…
Former NFL Player, UVA Alum Turned Developer Charged With Embezzlement In Virginia: Feds
A former NFL player who was a standout at the University of Virginia is facing federal charges for alleged embezzlement, authorities announced.
Christopher Harrison, 52, was charged by a grand jury for allegedly misappropriating loans intended for the development of two projects linked to his real estate company.
According to the indictment, Harrison allegedly secured loans from Cedar Rapids Bank & Trust (CRBT) for $14,492,057 for the Model Tobacco Project in Richmond and $7,706,675 for the Whitaker Park Project in North Carolina.
Under the terms of the agreements, the former offe…
