Business Facts

    Random Business Facts

    There are 75 Business Facts!

    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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    The first product that the toy company Mattel came out with was picture frames.
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    20% of tuxedo rentals take place in May.
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    The Shell Oil Company began as a novelty shop in London that sold sea shells.
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    The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
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    The co-founder and CEO of SnapChat, 23-year-old Evan Spiegel, turned down an offer of $3 billion from Facebook and then a $4 billion bid from Google.
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    Programmer Outsourced Job to China So He Could Surf Reddit and Watch Cat Videos
    A man secretly outsourced his programming job to China. He filled his work day watching cat videos, surfing Reddit and Facebook. Before being caught and fired, he made hundreds of thousands.
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    Nokia was once famous as a manufacturer of toilet paper.
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