All Posts Tagged With: "fortune 500 list"


Fortune 100 Companies that are HIRING

Michael Bowler | RSS | Thu, May 21 2009 | 3 Comments

hiring

5.1 million jobs were lost nationwide since the recession began, everywhere from technological corporations like Northrup Grumman to fast food chains like McDonald’s. With the current unemployment rate the highest it has been since your dad used to pack his lunch and head off to the steel mill during the Carter administration, it is easy to become one of those “discouraged workers” they talk about that do not factor into the unemployment rate.

As of the middle of April, some Fortune 100 companies have over 150 openings. Yes, a lot of big companies are cutting their work forces. In fact, some of the companies that are hiring are also cutting jobs at the same time. The point is not that they can hire. It’s what they can hire. After a good look at the top 100 of this year’s Fortune 500 list, at least 28 are hiring with at least 150 job openings.

Wal-Mart is hiring to fill new locations. They are hiring executives in their Bentonville, Arkansas office, local store managers, human resource managers, pharmacists, local customer service associates, and cashiers. Look for a “Super Wal-Mart” or a brand new Wal-Mart that just opened.

Okay, this one sounds a little hokey based on the article just posted here yesterday about Hewlett-Packard cutting manufacturing jobs, but during those cuts, HP is also hiring. They are looking for information technology (IT) professionals, human resource managers, research and development executives, marketing professionals, financiers and administrators. The key here is that they are trying to cut back on manufacturing payroll because sales are down. They are hiring for higher level and development jobs because they understand that in the ever changing technology field, they need the best college educated professionals to help their planning move forward. When the recession is ending, they want to come out on top of the computer business with some of the best products and services to blow their competition right out of the way. If you put in a résumé and get that job, you are looking at a long-term job that will help HP come back on top and ensure job security until you are telling your grandchildren stories about that old recession of 2008.

Positions are available with Bank of America in several areas including consumer banking, small business banking, credit cards, home loans, global banking, wealth management, technology, human resources, finance, communications, marketing and administration. Now that they are in much better shape, the job offers are out there again. They are expanding, hoping they can raise even more business capital and come out ahead in the banking game and do it early.

State Farm Insurance is hiring new insurance agents. There are positions in a variety of areas including claims and underwriting, finance, accounting and legal. The company aims to add 800 to 1000 new agent positions across the country, specifically in the Northeast, Texas and California.

Other companies hiring for similar positions include Wellpoint, Boeing, Microsoft, MetLife, UPS, Medco Health Solutions, Lowe’s, Time Warner, Sears, Supervalu, Johnson Controls, GMAC, Comcast Cable, Northrup Grumman, Coca-Cola, New York Life Insurance, Aetna, Motorola, Abbott Laboratories, General Dynamics, Prudential Financial, Humana, Liberty Mutual, and HCA. Interestingly enough, a lot of the areas that companies are hiring in correlate perfectly with an article that I wrote earlier this month. See The Most Financially Productive Areas to Live for more on that.

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ExxonMobil overtakes Wal-Mart on Fortune 500

Jennifer McClelland | RSS | Sun, Apr 19 2009 | 0 Comments

WalMart, which has held the top spot on the Fortune 500 list for the past 6 of seven years, gave it up today when Exxon Mobil overtook the retail giant, showing that the falling oil prices has little effect on the bottom line of the oil company.

Fortune’s closely watched list, released Sunday, ranked companies by their revenue in 2008. Irving, Texas-based Exxon took in $442.85 billion in revenue last year, up almost 19 percent from 2007. The company also raked in the biggest annual profit, earning $45.2 billion.

Although it may have been a good year for Exxon and Wal-Mart, 2008 was far from rosy for most of remaining companies on the list. Overall earnings plunged 85 percent to $98.9 billion from $645 billion in 2007, the biggest one-year decline in the 55-year history of the Fortune 500 list.

“America is getting used to the sound of bubbles bursting,” Fortune said.

Energy companies continued to dominate many of the top positions, as last summer’s skyrocketing oil and gas prices more than compensated for their plunge later that fall. Chevron Corp. held on to third place with $263.16 billion in revenue, up 25 percent. ConocoPhillips climbed one place to fourth, with $230.76 billion in revenue.

I think that people are still pretty angry at Exxon and other oil companies raking in record profits while we were all stuck paying $4 a gallon at the pump. Gas prices ere simply ridiculous and these companies were taking all the benefits.

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