Tag

Payroll

All articles tagged with #payroll

business25 days ago•19 min saved

Oracle kicks off another round of layoffs to fund its AI push

Oracle has begun a new round of layoffs, with some teams seeing double‑digit reductions, as the company seeks to trim payroll costs to finance its AI infrastructure. The move, following earlier cuts, comes as Oracle reportedly adds billions in debt to fund AI efforts. The 2026 fiscal year saw the headcount drop by about 21,000 (13%), from roughly 141,000 employees before this round. Separately, Larry Ellison canceled a 10b5‑1 plan to sell up to 50 million Oracle shares, with no sales disclosed. Three affected employees and an internal email cited by Business Insider corroborate the cuts, which started this week.

via Yahoo Finance|

#artificial-intelligence #business #debt

sports1 month ago•1 min saved

Tong's Mets Return Casts Light on Stearns' 2027 Blueprint

Jonah Tong's return to the Mets' rotation in Miami becomes a catalyst for 2027-focused evaluations as David Stearns weighs payroll constraints and potential CBA changes, signaling tougher long-term decisions for the franchise beyond this season.

via New York Post|

#2027-plan #david-stearns #jonah-tong

business1 month ago•4 min saved

UK government names hundreds of firms for underpaying minimum wage, including B&Q and Five Guys

The UK government named 658 employers for underpaying staff on the minimum wage, ordering repayment of more than £4m to workers and levying about £7m in penalties; causes ranged from payroll calculation errors and salary-sacrifice exclusions to other technical pay issues, with B&Q and Five Guys among the notable firms on the list.

via BBC|

#business #business-compliance #labor-rights

sports1 month ago•25 min saved

Rays' New Ownership Targets Big Payroll Boost With Tampa Stadium

The Rays’ new majority owner Patrick Zalupski says the approved $2.3 billion stadium project in Tampa could enable a meaningful payroll increase, potentially lifting the club into the MLB top-15 and perhaps the top-10, though timing is uncertain and will hinge on the stadium opening (target 2029) and the next collective bargaining agreement. Current cash payroll is about $98.5 million (CBT ~ $116.2 million), so reaching a top-10 level would require a substantial rise—likely north of $200 million—even before any long-term extensions. While the ownership group hints at a more spend-heavy approach, immediate payroll growth is not guaranteed.

via mlbtraderumors.com|

#ownership #payroll #rays

sports2 months ago•2 min saved

MLB Faces 2027 Games on the Line Amid Salary-Cap Standoff

MLB owners and players are reportedly willing to cancel games in the 2027 season if a salary cap is pursued, with ESPN's Jeff Passan noting both sides are prepared to take losses. The MLB Players Association has no plans to engage on a cap, and a March deadline is seen as when the possibility of losing games becomes real. The debate centers on parity and earning potential, as high-spending teams like the Dodgers and Mets contrast with lower-spending clubs such as the Guardians and Pirates.

via Bleacher Report|

#collective-bargaining #mlb #mlbpa

business3 months ago•11 min saved

Triller Ghosts Workers as It Bets Big on SpaceX

Triller, the Nasdaq-listed app once angling to rival TikTok, has left eight employees unpaid for about a year, cut off their emails and health benefits, and reduced headcount as it pivots toward strategic ventures including a SpaceX stake worth over $400 million; auditors warn of going-concern risk amid heavy losses, the company has been delisted and reinstated, and workers have filed wage claims and lawsuits seeking hundreds of thousands in back pay.

via Business Insider|

#business #going-concern #payroll

sports3 months ago•4 min saved

Mets dismiss Mendoza after brutal start, name Green interim

The New York Mets fired manager Carlos Mendoza after a 34-47 start and a 12-game losing streak, naming Andy Green interim as they try to salvage a season with a $370 million payroll marred by injuries and underperforming lineup and rotation, despite a 2024 postseason run.

via The New York Times|

#baseball #management-change #mlb

sports3 months ago•8 min saved

Payroll and People: MLB players rate clubs on culture and resources

More than 100 MLB players across 23 teams weighed in on which clubs have good or bad reputations. The poll shows big‑market teams that prioritize player care and resources—the Dodgers, Yankees, Cubs, Blue Jays and Braves—are viewed most favorably, while low‑payroll or under‑resourced clubs (Rockies, Pirates, A’s, White Sox, Angels) are seen as having poorer reputations. A recurring theme: how teams treat players and their families, plus investment in development and facilities, largely shapes these perceptions, with Brewers cited as a standout positive example among small markets.

via The New York Times|

#baseball #mlb #payroll

sports4 months ago•5 min saved

Soto questions MLB’s cap plan as Mets’ massive payroll looms

MLB’s first salary-cap offer would set a $245.3 million cap and a $171.2 million floor for 2027 with a 50-50 revenue split. Juan Soto, the center of the Mets’ $765 million contract, would take up a large slice of cap space, prompting him to reject the idea and argue baseball is thriving without a cap. Mets teammates and the union oppose caps, warning it could worsen payroll disparity, while the current Mets payroll sits around $368 million and Soto accounts for about 16% of it. The debate underscores the difficulty of fitting huge preexisting contracts under a hard cap and may involve transition provisions.

via The New York Times|

#juan-soto #mlb #new-york-mets

sports4 months ago•23 min saved

Dodgers’ mega payroll tested as Snell injury reshapes their season

With Blake Snell likely out after elbow surgery and Edwin Díaz sidelined, the Dodgers must rely on a record-breaking payroll to weather injuries, possibly resorting to bullpen games and deeper leverage while stars like Ohtani, Betts, Freeman and Muncy try to carry the offense through July and August.

via New York Post|

#blake-snell #dodgers #injuries

sports5 months ago•6 min saved

Mets’ Big-Price Blues: Money Can’t Buy Wins

The article argues that despite a massive payroll (around $380 million), the Mets have stumbled to a 10-21 start, found to be the worst offense in baseball and last in the NL East, undermining their playoff chances (down from about 87% on Opening Day to under 30%). It critiques the Stearns-era approach of signing expensive veterans who haven’t produced, notes injuries and aging players as widespread issues, and highlights some bright spots in the farm system and young pitching. With ownership under Steve Cohen seeking results, the piece suggests accountability for leadership and a potential need for strategic shifts if on-field performance doesn’t rebound quickly, as the money-to-wins equation is not working this season.

via The Guardian|

#analytics #baseball #front-office

sports5 months ago•14 min saved

Braves Surge, Rockies Rise, and Payroll Pitfalls Define Early 2026 MLB

Through 30 games, the Braves own the league with elite offense and solid run prevention, signaling a true redemption arc. Meanwhile, a cluster of high-priced teams (Mets, Phillies, Blue Jays, Red Sox, Astros) are underperforming enough to spark managerial questions and playoff doubts. The Rockies are quietly rising under DePodesta with improved pitching and offense, Tony Vitello’s Giants face scrutiny after a slow start, and Murakami’s power surge provides a bright spotlight for the White Sox. Orioles’ expensive investments still lag, even as rookies nab early extensions signifying cost certainty amid CBA uncertainty. Dodgers’ megadeals look less efficient, José Soriano has emerged as an ace for the Angels, and the league’s shrinking strike zone is nudging scoring higher. In short, money isn’t everything—young talent and rule changes are reshaping the 2026 pace.

via Bleacher Report|

#2026-season #mlb #payroll

sports5 months ago•1 min saved

Payroll Blues Sweep Five Big-Market Clubs in 2026

The Mets aren’t alone in a payroll-fueled slump: Phillies, Blue Jays, Red Sox, and Astros join them in underperforming, with a combined 43-74 through Tuesday, making them early contenders for the season’s biggest disappointment. The piece argues the blame lies more with front-office architects (Stearns, Dombrowski, Brown, Atkins, Breslow) than managers, though ownership influence and continued pressure on Mendoza, Thomson and Espada—despite notable extensions and resumes—complicate the path forward for these high-profile clubs.

via New York Post|

#crisis #managers #mets

sports5 months ago•6 min saved

Mets’ 12-Game Slide Highlights the Gap Between Big Payroll and On-Field Return

New York’s Mets extended their 12-game losing streak, the longest in MLB this season, underscoring a painful disconnect between a massive payroll and on-field results. Despite moments like Francisco Lindor’s three-run homer and a strong start from Nolan McLean, a brutal ninth-inning meltdown sealed a staggering defeat as the team sits with the worst record in baseball and faces scrutiny over roster-building, leadership, and the pressure on owner Steve Cohen and GM David Stearns to translate spending into wins.

via CNN|

#baseball #losing-streak #mets

politics5 months ago•6 min saved

DHS Payroll Goes Dry in May Amid Funding Standoff

DHS Secretary Markwayne Mullin warned that the department will run out of funds to pay salaries in the first week of May, as payroll—about $1.6 billion every two weeks—draws down and emergency funds are exhausted. Congress is weighing a funding package that would cover most DHS agencies but delay funding for ICE and CBP, with Republicans pressing a reconciliation path for immigration enforcement and Democrats accusing it of a blank check. About two‑thirds of DHS staff are furloughed, and Trump has pushed a June 1 deadline on immigration enforcement funding, tapping a $10 billion border‑security pot that has dwindled to around $1.4 billion.

via Politico|

#dhs #funding #homeland-security