Are LinkedIn, Monster killing the recruitment industry?
Since the growth of LinkedIn, a social networking website for people in professional job positions, many have pegged the question: is the recruiting industry dead? As the employment pool grows and the job vacancies shrink, companies rely on recruitment.
Founder Steve Perlman Is Leaving OnLive, Investor Gary Lauder Takes Over As Chairman
Cloud gaming company OnLive has announced that the company's founder and CEO Steve Perlman is "departing to work on his myriad of other projects." Lead investor Gary Lauder is taking over as the company's new chairman, while Charlie Jablonski, the VP of operations, has become Onlive's COO and acting CEO. The news follows a fairly convoluted piece of corporate maneuvering, presumably brought on by financial pressure, that saw the company sell its assets to a new entity that will also do business under the name OnLive. The new OnLive said "almost half of OnLive’s staff were offered employment at their current salaries," with the rest offered consulting positions in the new company in exchange for stock options. (None of the previous options transferred over.)
Former Presentation Exec Files Lawsuit Against Apple, Claims Jobs Promised Him Employment For Life
Wayne Goodrich — a former Apple employee who is responsible for awe-inspiring presentations like the introduction of the iPhone, iPad, and Siri — has sued the Apple for breach of contract and unfair business practices, after being let go from the company in December. Yes, December, which means that he likely had no part in the forthcoming iPhone 5 debut presentation, expected on September 12. Goodrich claims, in a federal complaint filed with a San Jose court, that the late Steve Jobs assured him job security, even if his position was eliminated. BusinessWeek reports that Goodrich was a "confidant, sounding board and close adviser" to Steve Jobs.
Ex-Bellwood official accused of stealing $500K from suburb
Roy McCampbell accused of stealing more than $500,000 from west suburb by manipulating employment contracts Roy McCampbell once earned a hefty salary by holding 10 different village positions. Today he faces eight felony counts of theft and four felony counts of official misconduct.