Machine shops diligently looking for a few skilled workers

Article Abstract:

Machine shops are finding it harder to find skilled workers even though machinists and tool and die makers rank among those who have a high salary rate. Although most machine shops in the country cannot afford intensive recruiting or training programs, efforts are being made to address the shortage of skilled machine shop workers. These efforts include participating in high school jop fairs and career days and helping apprentices earn two-year degees.

Machine Job Shops, Machine Shops

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Amazon lured president with $1.3B in options

Article Abstract:

Amazon.com has lured its president Joseph Galli from its former employer, Black and Decker, in Jun 1999 through the use of stock options. The stock options provide Galli with the right to purchase 3.9 million shares of Amazon.com's stock for $57.95 per share over a period of 20 years. Galli also gets $2.9 million as the first installment of a $7.9 million signing bonus and a salary of $102,266.

Internet service providers, Amazon.com Inc.

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Avis hires former Xerox executive as CEO

Article Abstract:

Avis Rent-a-Car Ltd has appointed Barry Rand as its CEO and chairman on Nov 9, 1999. Rand replaced Craig Hoenshell, who left the car rental company in Dec 1998. He was the former executive VP for worldwide operations at Xerox Corp and is only the second African American executive to head a Fortune 1000 company. He is expected to revive the company's stock, which has dropped by 50% in May 1999.

Passenger Car Rental and Leasing, Executive changes & profiles, Automobile Rent & Lease, Avis Group Holdings Inc.

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