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Octavio Jones | ReutersExecutives at America's largest companies are talking publicly with investors about the presidential election more so than in recent cycles. The word "election" came up on 100 earnings calls of S&P 500 -listed firms between Sept. 15 and Oct. 31, according to FactSet. The U.S. presidential election is Tuesday Nov. 5. 'Prudent' clientsMultiple companies cited a feeling of unpredictability tied to the presidential race among consumers and business clients. To be sure, some of the "election" mentions this year were tied to unrelated events like enrollment periods for health care.
Persons: Blythe Andrews , Jr, Octavio Jones, Kamala Harris, Donald Trump, Richard Tobin, FactSet, John Butters, Harris, Trump, Harry Lawton, Hurricanes Helene, Andrew Watterson, Michael Bayley, Gary Hershorn, Stanley Black, Decker, Donald Allan, Decker's Allan, William Grogan, Jon Vander Ark, Eric Ashleman, hasn't, Nonfarm payrolls, Equifax, Mark Begor, Stephen Squeri, we've, Mark Parrell Organizations: Public, Reuters, America's, CNBC, U.S, Dover, Tractor Supply, Hurricanes, Southwest Airlines, Royal, Hollywood International Airport, Corbis, Republican, Republic, Boeing, Tyler Technologies, American Express, Equity Locations: Tampa , Florida, U.S, Milton, Royal Caribbean, Fort Lauderdale, Fort Lauderdale , Florida, America, China
The crackdown was the result of an investigation that unfolded in recent months conducted by Equifax employees, including HR and cybersecurity, according to a document seen by Insider. The product has employment records, including weekly pay, of 105 million US workers, according to the company's last annual report. At one point, 25 employees were interviewed on the investigation's findings, and 24 were terminated, resulting in savings of $3.2 million, according to a document. In one author's case, this included all salaried positions since graduating college in 2013, as well as a job working in the college library as a student. "With predictions of more than 36 million employees working remotely by the year 2025, the need to monitor an employee's employment status will continue to grow," the company says in marketing material.
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