It was valued at $1.25 billion in January, according to Forbes, because of booming online sales.
Podium, valued at over $3 billion in November 2021, did take up a tax incentive offer from the state. It was eligible to claim more than $1 million in tax rebates through an agreement, enacted in 2017, given it created 426 jobs over five years, according to theBusiness Insider reported that Podium is also planning to reduce costs by slowing hiring, subleasing its office and spending less on software and perks.
More reason to tax the fuck out of the rich. If they can fire people before holidays to line their own pockets, tax it right back to cover unemployment, easy. Guaranteed to see a lot less layoffs
'Route was poised to add thousands of jobs over the next 11 years, the Utah Governor’s Office of Economic Opportunity announced in February 2021, announcing it had offered tax incentives worth more than $23 million... GovCox
Proof the rich are not taxed enough
Merry Christmas
I can guarantee you that for neither of those companies their top paid “leaders” ever took a pay cut to help ease costs instead they decided to lay off staff first… not a tough decision
Show actual proof.
Maybe all will leave and back to Commifornia, where they belong. Too much sticky their noses in American citizens government.
How sad that you have to lay off employees that are just trying to eat while your execs take in millions in just bonuses alone. So sad for you that you had to go through that. That must have been a very difficult decision to make. Poor babies.
DanPriceSeattle
Yikes
Must be so hard to rake in record profits and then toss your least underpaid employees out to make even more profit.