"These people are the classic example of last hired, " he says.
ServiceNow last year hired former DataDomain Inc. chief executive Frank Slootman to be its CEO.
The firm last year hired Ralph Rosenberg, an industry veteran who spent 17 years at Goldman Sachs Group Inc.
Mobile-payments company Square Inc. last year hired Chief Financial Officer Sarah Friar, who spent more than a decade at Goldman Sachs.
With the cost of the last worker hired now greater than his productivity, a profit-maximising firm will reduce employment and output.
Some schools could lose half their teachers because of a policy that requires the last teachers hired to be laid off first, regardless of merit.
Last-hired, first-fired agreements are not debt, but they are contracts which cannot be cleared and depending on the strength of the collective bargaining agent, have a high cost of breach.
This is because the additional output of the last worker hired falls by 12.5% (as he works fewer hours), but the cost of employing him falls by less than 12.5% because the fixed costs of employment are unchanged.
He was one of about 300 public-school teachers laid off in Newark this year, and, like many cities across the country, the law said the last teachers hired had to be the first ones fired a method favored by teachers unions that takes no account of a teacher's efforts, abilities or effectiveness.
WSJ: Newark Lays Off Newest Teachers, Even If They're the Best Teachers
Last summer Massie hired Bear Stearns to haul in someone with deep pockets and wider distribution.
To help him paint the world orange, last spring Blank hired Anders Moberg as president of international operations.
Last fall she hired as executive director Peter Neidecker, who had been Hewlett-Packard's director of global services, planning and delivery.
Mr. Boni said he and Philadelphia attorney Slade McLaughlin were hired last week to represent the boy and his mother.
Just cutting down on the false positives won't be enough, says John Jack, a software industry veteran hired last year as Fortify's chief executive.
Freeh's law firm was hired last fall by university trustees.
Eddie Jordan, a former Rutgers basketball player hired last month as head coach, does not have a degree from the school as is indicated in his university bio, according to the school registrar's office.
Last year Buffett hired little-known hedge fund manager Todd Combs as part of the solution for the latter, and on Monday Berkshire announced the addition of another money man, 50-year-old Ted Weschler of Charlottesville, Virginia.
FORBES: Berkshire Expands Its Ranks, Buffett Brings In Fund Manager Ted Weschler
Ms. Shih said UBS, which has around 1, 000 "client advisers" in the region, hired 140 private bankers in the Asia Pacific region last year and have already hired "dozens" this year.
After cutting 1, 500 employees last December, Yahoo hired 200 people in the third quarter with plans for more.
Walter Thompson veteran Schroer hired away last year to push one-to-one marketing in Asia.
The rivalry may not hurt Offerdahl, brought into Traq as a hired gun last year.
In addressing the fraud allegations last year, Silvercorp hired KPMG to conduct a forensic investigation.
Last week I was hired by software company Sage to do a webinar about the economy.
Last month the insurer hired Paul Achleitner, formerly head of Goldman Sachs's Frankfurt office, as its finance chief.
Crew hired EDS last February to run its computers and telecom network.
Last year, he hired undersea experts to scan the ocean floor to find the massive engines that propelled the Apollo 11's space capsule from Earth to outer space.
WSJ: What Makes Jeff Bezos Tick? A $42 Million Clock, for Starters
Last year, RIM hired banks to advise on potential strategic options but downplayed speculation about a potential sale or licensing partnership while it worked on getting BlackBerry 10 to market.
Last year, RIM hired banks to advise on potential strategic options but played down speculation about a potential sale or licensing partnership while it worked on getting BlackBerry 10 to market.
Florida's state bicycle racing association hired Usada last year to initiate testing at its races, after local racers began complaining that older riders were getting faster rather than slower with age.
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