With Santulli Gone, NetJets Shaves Work Force
Fractional-ownership patriarch Richard Santulli resigned last month as head of the company he founded in 1986. Many within the industry have expressed it was because he refused to cut staff. Santulli sold NetJets several years ago to Warren Buffett’s Berkshire Hathaway, and with losses mounting, some believed Santulli was being pressured to lay off employees. […]