Oracle’s new CFO netted  million in stock after layoffs. Employee says ‘algorithm’ first targeted workers with stock options

Oracle’s new CFO netted $26 million in stock after layoffs. Employee says ‘algorithm’ first targeted workers with stock options

Days after Oracle laid off 30,000 employees via 6 a.m. email (as Moneywise previously reported), the company announced its next big move: hiring a new CFO with a $26 million stock package. Meanwhile, some laid-off workers have raised questions on LinkedIn and job forums about how Oracle chose who to lay off; one 30-year veteran…

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Zeus Packaging Group expands with the purchase of KOEX Packaging

Zeus Packaging Group expands with the purchase of KOEX Packaging

Zeus Packaging Group has acquired Spain-based KOEX Packaging Solutions, according to an announcement on social media platform LinkedIn. Financial terms of the deal remain undisclosed. The combined entity will offer integrated packaging services with a broader geographic reach for customers in Europe and North America. This development comes as Zeus projects its group revenues will…

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