News Formal

Mark Cuban turned 91% of his employees into millionaires when he sold a company for $5.7 billion

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

When Mark Cuban sells a company, he pays bonuses to employees who’ve worked for more than a year, he says — turning some of them into millionaires.

sells a business, he always sets aside some of the proceeds for one specific purpose: divvying it up among the company's employees.

Cuban did something similar upon selling his majority stakes in HDNet, now known as AXS TV, in 2019 and the NBA's Dallas Mavericks last year, he wrote in his post."And only HDNet had any layoffs right after the sale," he added.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 319. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Mark Cuban turned 91% of his employees into millionaires when he sold a company for $5.7 billionWhen Mark Cuban sells a company, he pays bonuses to employees who've worked for more than a year, he says — turning some of them into millionaires.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »