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Tuesday, July 30, 2013

Stratus Technologies Financial Report for Q1 of Fiscal Year 2014

Stratus Technologies Bermuda Holdings, Ltd., a leading provider of high availability resilient software and hardware technologies and solutions, recently announced its financial results for the first quarter of fiscal year 2014 that ended May 26, 2013.

Its total revenue for quarter-to-date period ended May 26 (Q1) 2013 was $47.5 million compared to $52.5 million in the quarter-to-date period ended May 27, 2012. Net Loss was $6.4 million, compared to a net loss of $2.9 million in the first quarter of fiscal year 2013. The Company reported Adjusted EBITDA, a non-GAAP financial measure, of $10.0 million, or 21% of revenue, compared to $13.2 million, or 25% of revenue, for the same period last year.

Dave Laurello, Stratus CEO and President, commented on this, “"For the first quarter of fiscal year 2014, we delivered growth in our software business due to the Marathon acquisition, and saw continued stability in our Services revenue. At the same time, Stratus was challenged by a year-over-year comparison to an abnormally strong legacy Q1 of fiscal year 2013, currency headwinds that were particularly acute due to 28% of our revenue coming from Japan, and the on-going sluggish server market. As a result, EBITDA was down from a year ago."

Stratus Technologies, Inc. and Stratus Technologies Bermuda Ltd, both wholly-owned subsidiaries of Stratus Technologies Bermuda Holdings, Limited, acquired last year the assets of Marathon Technologies Corporation, a privately held developer of application availability solutions based in Littleton, MA, including all of the intellectual property used in Marathon products.

With that acquisition, Stratus Technologies has solidified its position as leading provider of availability solutions. Laurello continued to express his future outlook for the Company, "We continue to hone our strategy to become the de facto standard for availability in the cloud, and redirect investment to strategic areas such as software and cloud services.” He said that based on conversations with customers and industry analysts, “there is a great need for always-on cloud services and, most importantly, that Stratus is well-positioned to address it.”

AutoZone, Inc. Seeks Territory Sales Managers for Salt Lake City and Bronx, New York

AutoZone, Inc., the country's leading retailer and distributor of automotive replacement parts and accessories, and a Fortune 500 company, is currently expanding its business; thus, it is in search of Territory Sales Managers to handle commerical accounts in the Salt Lake City and Bronx, NY areas. As the company's main thrust is putting customers first, AutoZone's Territory Sales Managers will likewise put commercial accounts first by satisfying the needs of their customers in their assigned territories.

Passion, drive, integrity, and excellent sales skills to grow AutoZone's commercial business and "get in the Zone," are the traits the company is seeking for in candidates who are interested to join and become part of a unique culture where employees are treated fairly, respected and valued.

Moreover, AutoZone would like Territory Sales Managers to be results-driven with a history of sales success. Territory Sales Managers are expected to help move the company's vision and mission towards successful realization.

In addition, the position entails the important task of maintaining strong relationships with current and existing commercial customers, while obtaining new business with shop owners in the designated territory. Specifically, to be able to achieve this, it is the job of Territory Sales Managers to grow loyalty and trust with their customers. They should be able to provide WOW customer service through problem resolution, product knowledge, ensuring parts availability and on-time delivery. At the same time, Territory Sales Managers must cultivate partnerships with Operations management to ensure a solid customer experience from sales call, to customer call, and finally, to fulfillment. Furthermore, Territory Sales Managers should be able to develop market analysis and action plans for commercial accounts, as well as be able to develop, maintain and revise key customer plans.

Among the requirements AutoZone is seeking in prospective Territory Sales Managers are the following:
  • Minimum of three years of related experience in outside sales (automotive industry a plus)
  • Bilingual: Spanish/English strongly preferred
  • Direct or indirect experience managing and leading people
  • Relentless pursuit of new profitable business and penetration of current accounts
  • Ability to create and execute customer development plans
  • Ability to analyze sales reports and take appropriate action
  • Understanding of P&L statement and gross profit
  • Strong communication, negotiation, organization and leadership skills
  • Integrity, honesty, passion, drive and the desire for success
  • Excellent customer service skills

 To apply visit this link : http://www.diversityworking.com/viewJob/?feature=1&jobId=420http://www.diversityworking.com/viewJob/?feature=1&jobId=420

Wednesday, July 24, 2013

First Energy: Powered by Diversity

First Energy is an investor-owned electric systems based in Akron, Ohio and was formed from the merger of Ohio Edison Company and Centerior Energy Corporation, in 1997, becoming then the holding company for Ohio Edison Company and its Pennsylvania Power Company subsidiary, the Cleveland Electric Illuminating Company and The Toledo Edison Company. It continued merging with other electric companies until 2011 with its merger with Allegheny Energy.

It has then become the USA's largesst diversified investor-owned electric company, with transmission operations being conducted through its 10 regulated distribution companies, with more than 20,000 megawatts of capacity being transmitted from its generation facilities and subsidiaries to its millions of customers spread across from Ohio to New Jersey. First Energy Corporation is committed to maintaining reliable and safe electric services to its customers; hence, it regularly upgrades its systems to meet the growing demands for its service.

Other interesting facts about First Energy are the following:

  • 20,000 miles of high-voltage transmission lines
  • $50 billion in assets
  • $15 billion in annual revenues
  • 16,500 employees

Fundamental to First Energy's path to success are diversity and inclusion. At First Energy, diversity of thought, individuality, and new perspectives are highly valued and respected. Thus, the Company strives its best to cultivate a diverse workforce consisting of people that reflect the communities they serve, so it hires and retains talents coming from varied backgrounds.

First Energy does its best to welcome new perspectives, encourage its employees to develop their skills and advance in their careers. The Company believes that in providing a diverse and inclusive environment in their workplaces, it can achieve its best in satisfying its customer demands and its stakeholders, promote excellence in its business operations and let its employess find fulfillment and enjoyment in their work with First Energy.

Cabela's New Store Provides New Jobs for Flathead County

Cabela'sInc., leading direct marketer and specialty retailer of hunting, fishing, camping and related outdoor recreation merchandise, based in Sidney, Nebraska, has announced 125 job openings for its second Montana store which is located in Kalispell at Flathead Valley. The store encompasses an area of 42,000 square foot, and will soon open in fall.

Applications are now being accepted online for full-time, part-time, and seasonal employee positions. Interviews begin on August 7th and run through August 10th.

Cabela's spokesman, Wes Remmer, said that Cabela's is looking for employees who love spending time outdoors, and helping customers plan their own outdoor adventure. "We're looking for customer-service oriented people who are passionate about the outdoors and want to be part of a team-dynamic. We anticipate most of our employees coming from Kalispell and the surrounding area, and we're really excited to get those folks on board," said Wes Remmer.

Monday, July 22, 2013

Diageo: Celebrating Life Everyday, Everywhere

Diageo is the world's leader in the premium drinks industry. It is a relatively young organization with its present corporate form having been established only in 1997. However, its brands of premium drinks and its business have a rich heritage. Its history dates back to 1749 with the forming of its ancestor company, Justerini & Brooks, a wine merchants company and maker of the world-renowned J&B whisky brand. Since then, this original company had undertaken a lot of brand innovations and business expansion, “until Diageo was created in 1997 through the merger of Grand Metropolitan Public Limited Company and Guinness PLC, creating a food and drinks conglomerate which included the world's greatest collection of premium drinks.”

More innovations and strategic decisions were made between 2000 – 2002 with Diageo divesting two main food interests, namely Burger King and Pillsbury in order to focus exclusively on its premium drinks. The company was also able to acquire in 2001 additional spirits and wine brands from Seagram, and has since continued to expand its products “through both selective long term value acquisitions, strategic partnerships and innovation.” Among the outstanding collection of premium brands the Company carries today are Johnnie Walker, Crown Royal, J&B, Windsor, Buchanan's and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Baileys, Captain Morgan, Jose Cuervo, Tanqueray and Guinness.

Diageo is a company that values diversity and thus, it hires people from varied backgrounds, perspectives and experiences. It has a diversified pool of over 25, 000 talented people united at working together under their guiding purpose of “celebrating life everyday, everywherere,” for Diageo believes that maintaining a workforce of diverse personalities, experiences and perspectives who are committed to their professional and personal development contribute largely to making Diego “a stimulating and rewarding place to work.”

Indeed, in “celebrating life everyday, everywhere,” Diageo celebrates diversity, with its diverse workforce thriving to nurture the Company's premium drinks in order to sustain customer satisfaction and loyalty. It understands that its premium drinks are very much a part of celebrations – whether big or small events – and the diversity of its workforce helps the company gain deeper insights to the needs of the communities in which they serve. As declared in its official site, “Having colleagues from many different backgrounds gives us deeper insights into consumer needs and enhances our relationships with all our stakeholders.”

Hobby Lobby Wins Injunction Regarding Obamacare Provision

Hobby Lobby, one of the biggest arts-and-craft retail chain in the U.S., and founded on its Christian beliefs and principles, has just recently been granted a preliminary excemption from a provision in  the Obamacare birth control mandate requiring employers to grant insurance coverage for the morning-after pill and similar birth control or face steep fines.

The Green family that owns the chain and its sister company, the Mardel Christian bookstore chain, argues that their Christian religious beliefs are so deeply rooted, and having to provide all forms of birth control would go against their conscience. The Christian owners believe that “life begins at conception, so they oppose birth control methods that can prevent implantation of a fertilized egg in the uterus, such as an intrauterine device or forms of emergency contraception.”

The Green family further argues that businesses -- and not just the currently exempted religious group -- should be allowed to seek exception from that part of the health law if it violates their religious beliefs. On the other hand, lower courts earlier rejected Hobby Lobby's claim, saying that for-profit businesses aren't covered by an exemption added to the law for religious organizations.

However in November of last year, U.S. District Judge Joe Heaton rejected the companies' request to block the mandate, saying that Hobby Lobby and Mardel are not religious organizations. Although at the same time, the judge also wrote that “"the court is not unsympathetic'' to Hobby Lobby's dilemma and that the question of compelling employer health coverage for certain procedures "involves largely uncharted waters.''

On July 19, 2013, Judge Heaton issued the injunction less than a month after the 10th U.S. Circuit Court of Appeals ruled that the companies were likely to prevail in the case. Heaton also ruled last month that the company would not be subject to fines of up to $1.3 million a day for not offering the birth control methods. The judge stayed the case until Oct. 1 to give the federal government time to consider an appeal, and to give courts time to resolve "substantial unanswered questions. "The questions that are being presented here are new," Judge Heaton said.

Hobby Lobby president Steve Green said, “"We're just very excited. This is a great step for us."

Meanwhile, HobbyLobby offers 16 other forms of birth control mentioned in the federal health care law in its health insurance plans.

Monday, July 1, 2013

Auto Zone: From One Step to An Extra Mile

AutoZone,Inc. is a leading retailer and distributor of automotive parts and services. It was conceived by J.R. "Pitt" Hyde III, a University of North Carolina Economics graduate, who envisioned having an automotive parts retail store that would resemble a supermarket that was “clean, well-organized and with easy access to its products and customer services.”

While working for his grandfather's food company, Malone & Hyde Inc., Pitt Hyde helped develop the company's retailing division that would later expand to include sporting goods stores and supermarkets. During that time, he already saw a need for such retail store that would specialize in automotive parts needed for the upkeep of vehicles.

From that singular vision, Hyde created a reality and opened the first Auto Shack store in Forrest City, Arkansas on July 4, 1979. In 1986, the store became an independent company, with him as its Chairman and CEO. From a sales of $300 on that day in 1979 to more than $8.1 billion in annual sales since then, the Compnay, which is now known as Auto Zone, has become the leading retailer in automotives parts in the U.S. and a Fortune 500 company.

Despite its steady growth, it continued to venture into new businesses and markets, and expanded its services. Today, Auto Zone serves customers over 48 states and going beyond the borders to Mexico and Puerto Rico, and employs a strong workforce of more than 65, 000 employees who call themeselves the Auto Zoners.

The Auto Zoners live by the Company Pledge of “putting our customers always first; we know our parts and products; our stores look great; we've got the best merchandise at the right price.” Moreover, among other values Auto Zoners live by is embracing diversity.

Diversity is an important fuel in the Auto Zoners' drive for not only providing customer needs but going beyond expectations, and working the “extra mile.” At Auto Zone, each individual's heritage, differences and unique qualities are appreciated, accepted and respected. With their divese thoughts, knowledge and skills, AutoZone is able to build strong teams of Auto Zoners who value the ideas and opinions of others.

The Company's diverse workforce in turn is what helps AutoZoners undertand in a better way the needs of their customers, and offer better solutions. It believes that “the different experiences, viewpoints and talents of our AutoZoners lead to WOW! Customer Service and help our teams succeed.”

Hobby Lobby Stores, Inc. - A Leader in Retailing and Diversity

HobbyLobby Stores, Inc. is a leading retailer of seasonal items, home decors, art, craft and hobby supplies, as well custom picture framing. It is based in Oklahoma City, OK and it started as an outgrowth of Greco Products, a company specializing in miniature picture frames, and founded by David Green.

Hobby Lobby Stores, Inc. officially began operations on August 3, 1972, on a mere 300 square feet of retail space, but it has been growing ever since. As of July 2013, it now boasts of nearly 55 retail stores in 44 states, and it is continually opening more new stores. Part of its achievements is being included among Forbes, as well as Fortunes' lists of Largest Private Companies.

Its continuous success and growth is attributed to the Company's loyal customers and its outstanding employees. Most importantly, Hobby Lobby is grounded on its strong values and its strong and faithful adherence to their Christian belief. Its Statement of Purpose reads:

In order to effectively serve our owners, employees, and customers the Board of Directors is committed to:
Honoring the Lord in all we do by operating the company in a manner consistent with Biblical principles.
Offering our customers an exceptional selection and value.
Serving our employees and their families by establishing a work environment and company policies that build character, strengthen individuals, and nurture families.
Providing a return on the owners' investment, sharing the Lord's blessings with our employees, and investing in our community.
We believe that it is by God's grace and provision that Hobby Lobby has endured. He has been faithful in the past, and we trust Him for our future.

As such, Hobby Lobby Stores open from Mondays to Saturdays, but all stores close on Sundays to give way to their Church obligations, and to observe their family rest day.

Hobby Lobby Stores, Inc. is an Equal Opportunity Employer, and it also conducts drug and alcohol testing compliant to applicable statutes. At Hobby Lobby, there many possibilities for advancement and rewards for dedication and achievement. Moreover, the company provides its employess with an environment conducive for productive and long-term employment

Indeed, Hobby Lobby Stores, “THE place to shop with everyday Super Selections and Super Savings,” is also the place to work and advance in one's career. Its the place where exceptional people are valued and rewarded.