Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Nearly 22,000 checks will be deducted from the wrong account over the next hour.
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    CEO takes over company worth $9m, fires management, gives power to employees, and now makes over $200m
    Ricardo Semler, a CEO in his twenties, took over a company worth $9m, fired most of the management, and gave the power to the employees. It now has a turnover of over $200m.
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    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
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    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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    In 2013, Candy Crush made $850,000 per day!
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    'Bimbo' is a brand of soft drink manufactured and marketed by Coca-Cola, Inc.
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    A full-time cashier at Costco makes about $49,000 annually. The average wage at Costco is nearly 20 dollars an hour and 89% of Costco employees are eligible for benefits.
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    The first product that the toy company Mattel came out with was picture frames.
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