Latest news with #employeeowned
Yahoo
14-07-2025
- Business
- Yahoo
Post Office could be owned by its workers, government says
The Post Office could be turned into an employee-owned business, the government has suggested, as it launched a public consultation over the future of the service. The business, which operates counters or shops in more than 11,500 locations around the country, is fully state-owned and subsidised by the tax payer. Plans for mutualisation have been under discussion for more than a decade, but were sidelined as the scandal around the wrongful conviction of subpostmasters unfolded. "It's clear we need a fresh vision," said Post Office Minister, Gareth Thomas, launching a Green Paper on the service's future. The government said it wanted to transform the organisation's culture in the wake of the scandal which saw hundreds of subpostmasters wrongly accused of false accounting and theft at the branches they were running on the basis of data from faulty software. The consultation will run for 12 weeks and be the "start of an honest conversation about what people want and need from their Post Office in the years ahead", the minister said. It will look at how to meet changing consumer needs while also strengthening the relationship between the business and its postmasters. Mr Thomas also announced a further £118m to support the work already underway to deliver changes in the Post Office. The Green Paper puts proposals such as changing the Post Office's ownership model back on the table, providing and opportunity for staff, taxpayers and other stakeholders to share their views, before the government draws up its strategy. Post Office to offload all directly-owned branches
BBC News
14-07-2025
- Business
- BBC News
Post Office could be owned by its workers, government says
The Post Office could be turned into an employee-owned business, the government has suggested, as it launched a public consultation over the future of the business, which operates counters or shops in more than 11,500 locations around the country, is fully state-owned and subsidised by the tax payer. Plans for mutualisation have been under discussion for more than a decade, but were sidelined as the scandal around the wrongful conviction of subpostmasters unfolded."It's clear we need a fresh vision," said Post Office Minister, Gareth Thomas, launching a Green Paper on the service's future. The government said it wanted to transform the organisation's culture in the wake of the scandal which saw hundreds of subpostmasters wrongly accused of false accounting and theft at the branches they were running on the basis of data from faulty consultation will run for 12 weeks and be the "start of an honest conversation about what people want and need from their Post Office in the years ahead", the minister will look at how to meet changing consumer needs while also strengthening the relationship between the business and its Thomas also announced a further £118m to support the work already underway to deliver changes in the Post Green Paper puts proposals such as changing the Post Office's ownership model back on the table, providing and opportunity for staff, taxpayers and other stakeholders to share their views, before the government draws up its strategy.
Globe and Mail
03-07-2025
- Business
- Globe and Mail
Stratos Solutions Inc. Expands Headquarters, Deepens Roots in Fairfax County
Fairfax County, Virginia--(Newsfile Corp. - July 3, 2025) - Stratos Solutions Inc., an employee-owned professional technical services company supporting the U.S. intelligence community, will invest $1.58 million to expand its headquarters operations into a newly-acquired 5,000-square-foot space at 14840 Conference Center Drive, Chantilly. The project will create 28 jobs. "Stratos Solutions Inc. is proud to deepen our roots in Fairfax County, where we founded our headquarters and have maintained our headquarters for over 20 years," said Kevin Pratt, Chief Executive Officer of Stratos Solutions Inc. "This expansion reflects both our continued growth and our enduring commitment to supporting the missions of the U.S. intelligence community. We are excited to invest in our future here-adding new jobs, expanding our footprint and continuing to deliver the highest caliber of technical and advisory services alongside our trusted partners in the Commonwealth of Virginia." Founded in 2003 and headquartered in Fairfax County since its founding, Stratos Solutions specializes in delivering agile, mission-focused solutions across concept development, program planning and system delivery. With a team of seasoned professionals - 80% of whom possess field operations and mission experience - the company supports critical national security objectives. "We are excited that Stratos Solutions, Inc. is expanding their corporate headquarters and thank them for decades of commitment to our community," said Jeffrey C. McKay, chairman of the Fairfax County Board of Supervisors."Stratos Solutions' groundbreaking work exemplifies the mission-driven excellence that defines the Fairfax County community and inspires economic growth in our region." Stratos Solutions continues to drive mission success and client value through innovation, global collaboration, and a people-first culture. It has grown to an industry leader with 80 employees and a 15-year retention rate of 96%. "It is an honor to celebrate the success of Stratos Solutions Inc. as they expand their headquarters here in Fairfax County," said Victor Hoskins, president and CEO of the Fairfax County Economic Development Authority."The company's long-standing presence and continued investment in our community is a powerful testament to the value of growing in a place that champions innovation, purpose and performance." Fairfax County Economic Development Authority worked with the Virginia Economic Development Partnership (VEDP) to secure the project for Fairfax County and Virginia. VEDP will support Stratos Solutions Inc.'s job creation through the Virginia Jobs Investment Program, which provides consultative services and funding to companies creating new jobs to support employee recruitment and training activities. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies. "Stratos Solutions Inc.'s expansion in Fairfax County reflects the strength of Virginia's national security and intelligence ecosystem," said Governor Glenn Youngkin."With a commitment to excellence and a legacy of service to the U.S. intelligence community, Stratos is exactly the type of company we want growing here in the Commonwealth. I applaud their decision to invest in new space, create high-quality jobs and continue advancing critical missions from right here in Virginia." Cannot view this video? Visit: FCEDA promotes Fairfax County as one of the world's top locations for business and talent, and offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County. FCEDA is headquartered in Tysons, Fairfax County's largest business district, and maintains offices in key global business centers: Bangalore/Mumbai, Berlin, London, Los Angeles and Seoul. For more information about FCEDA, visit or follow us on LinkedIn, X, Facebook and YouTube. To view the source version of this press release, please visit
Yahoo
23-06-2025
- Business
- Yahoo
All U Need Pest Control Opens 11th Location in Bradenton, Florida
BRADENTON, Fla., June 23, 2025 /PRNewswire/ -- All U Need Pest Control, one of the fastest-growing pest control companies in the United States, is proud to announce the opening of its 11th office, now serving customers in Bradenton and the surrounding Manatee County area. The new location, at 3015 62nd Ave East, Bradenton, FL 34203, expands the company's reach across Florida, bringing All U Need's top-rated pest control services to even more homeowners and businesses. "We're excited to expand our capabilities and improve our bandwidth in the Bradenton area," said Kyle Selbach, Director of Operations. "This new location allows us to continue delivering top-notch pest control services with the speed, quality, and professionalism our customers expect." All U Need Pest Control offers a full suite of pest management solutions, including general pest control, termite protection, rodent control, lawn treatments, and more. The new Bradenton office is now fully operational and accepting new customers. About All U Need Pest Control Founded in 2003, All U Need Pest Control is an employee-owned company providing pest control services throughout Florida and Texas. Known for its customer-first approach, industry expertise, and commitment to excellence. With over 25,000 five-star reviews and multiple placements on the Inc. 5000 and PCT Top 100 lists, All U Need Pest Control continues to be one of the fastest-growing pest management providers in the region. For more information or to schedule service, visit or call (888) 239-2847. Media Contact: Tyler Moore, Director of Marketing tyler@ (239) 236-4094 ext.123 View original content to download multimedia: SOURCE All U Need Pest Control Sign in to access your portfolio
Yahoo
19-06-2025
- Business
- Yahoo
DCS Named to Washington Technology Top 100 for Seventh Straight Year
ALEXANDRIA, Va., June 19, 2025 (GLOBE NEWSWIRE) -- DCS Corporation has been named to Washington Technology's Top 100 for the seventh consecutive year, ranking at #77. A 100% employee-owned company, DCS achieved record revenue and earnings in 2024, marking the strongest performance in the company's 47-year history. 'We are proud to be recognized among the 2025 Washington Technology Top 100,' commented Jim Benbow, DCS Chairman and CEO. 'Our sustained success and organic growth reflect the commitment, initiative and innovative approach of our 2,100+ employee-owners. As we continue to support our customers' evolving priorities, we are committed to developing and delivering cutting-edge solutions that support our national security.' DCS specializes in Research, Development, Test, and Evaluation (RDT&E), acquisition, and post-fielding operations, focusing on high-impact technologies such as autonomy and robotics, manned-unmanned teaming, AI and machine learning, human systems engineering, digital engineering, modeling and simulation, platform electronics, knowledge management, sensor technology, and C5ISR. The Washington Technology Top 100 ranks the largest Government services contractors based on analysis of Federal spending on IT, systems integration, telecommunications, professional services, and other high-tech needs. The full list is available on the Washington Technology website. About DCS An employee-owned company, DCS offers advanced technology, engineering, and management solutions to Government agencies in the national security sector. The transformative ideas, commitment to quality, and entrepreneurial spirit that characterize our employee-owners allow us to ensure the success of each customer's mission and actively contribute to the well-being of the Nation. For more information, please visit: DCS Media dcsmedia@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
