Larry Ellison extends full pay for furloughed workers on his Hawaiian island - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Billionaire Larry Ellison is extending full pay and benefits for another month for hundreds of his employees who have been furloughed on the Hawaiian island he owns

Through his management arm on the island, Pulama Lanai, the billionaire tech mogul owns the island's two Four Seasons hotels, which employ 850 people, as well as another historic hotel, the water company, the cemetery, the main supermarket, and nearly a third of all the housing., left many of Lanai's non-essential workers unable to work during the pandemic. But Ellison's company, Pulama Lanai, continued to pay them.

"They've been asking me for the last two weeks about what's going on and all I can tell them is I don't have answers yet," the manager told Business Insider. Later on the 29th, some Four Seasons employees were told they would be furloughed with full medical benefits, a spokesperson for the resorts told Business Insider. But the very next day, Pulama Lanai changed course and extended full pay and benefits for all its employees through the end of May.Shutterstock/Joe West

Lori Holland, a spokesperson for the two Four Seasons Resorts that collectively employ 850 people, said that the Four Seasons Resort Lanai will be closed until July 1. The company has not announced a reopening date for the other

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

i hate how i have to pay to view

Live like each day is your last! Love like you have never been hurt before! Sing like no one is listening! Dance like no one is watching!

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Larry Ellison hasn't said if he'll keep paying workers on his Hawaii island - Business InsiderTech billionaire Larry Ellison has continued paying his employees while businesses are shut down on his Hawaiian island during the pandemic — but his funding may be about to run out Ellison is worth $68 Billion. Did the noble thing
Source: BusinessInsider - 🏆 729. / 51 Read more »

Larry Ellison hasn't said if he'll keep paying workers on his Hawaii island - Business InsiderTech billionaire Larry Ellison has continued paying his employees while businesses are shut down on his Hawaiian island during the pandemic — but his funding may be about to run out Ellison is worth $68 Billion. Did the noble thing
Source: BusinessInsider - 🏆 729. / 51 Read more »

Leaked documents: Schlumberger furloughed staff and cut wages - Business InsiderThe world's largest oilfield service firm is furloughing North American staff and cutting the wages of some hourly employees by 15%.
Source: BusinessInsider - 🏆 729. / 51 Read more »