This company laid off its employees while they were asleep
Sun, Nov 27, 2022 8:55 PM

This company laid off its employees while they were asleep

A Flip by Shruti
Get it on Google Play
Just days before Thanksgiving, all American furniture company United Furniture Industries employees got a jolting message: they were sacked immediately. The staff of nearly 2,700 were messaged stating that they had been laid off immediately as per the reports.

More great flips

Surging gold prompts Indians to recycle jewelry for weddings

Surging gold prompts Indians to recycle jewelry for weddings

Surging gold prices are prompting some Indians to exchange gold jewelry for new pieces as demand rises during the wedding season in the biggest consumer of the precious metal after China. More Indians are looking to reuse their gold, and the higher prices mean imports will remain pressured in the coming months, said Surendra Mehta, national secretary at theĀ India Bullion and Jewellers Association.

Open Flip
Govt to procure tur directly from farmers at market rates!

Govt to procure tur directly from farmers at market rates!

With an acute shortage in India of its favourite pulse, tur, the Centre has decided to procure the crop directly from farmers at market prices to build buffer stock, a senior official told Moneycontrol. The government will undertake procurement via the National Agricultural Cooperative Marketing Federation of India (NAFED) and the National Cooperative Consumers’ Federation of India Limited.

Open Flip
Moneycontrol Daily: Your Essential 7

Moneycontrol Daily: Your Essential 7

Byju Raveendran likens current crisis to war on multiple fronts, says true entrepreneur is a war leader Byju Raveendran, the founder of the embattled edtech unicorn Byju's, rallied close to 50 of the firm's top leaders, assuring them that this was a war on multiple fronts that they would ultimately win. The meeting came amid a precarious liquidity crisis.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon