McDonald’s enlists Alexa and Google to help with its hiring

McDonalds will let job seekers start an application by using voice commands on their smartphones with Amazon's Alexa or Google's Assistant. (File/AP)
Updated 25 September 2019

McDonald’s enlists Alexa and Google to help with its hiring

  • he function is available in the US, Canada, Australia, France, Germany, Ireland, Italy, Spain and the UK
  • Google and Amazon say McDonald’s is one of the first direct employers to use their voice recognition systems this way

Want a job at McDonald’s? Just ask your smartphone.
McDonald’s is now letting job seekers start an application by using voice commands with Amazon’s Alexa or Google’s Assistant.
Users can say, “Alexa, help me get a job at McDonald’s.” Then Alexa will respond by asking which country they want to work in and play McDonald’s catchy “I’m lovin’ it” jingle. After that, users can share their phone number and get a link to continue the application process.
The function is available in the US, Canada, Australia, France, Germany, Ireland, Italy, Spain and the United Kingdom. McDonald’s may add the feature in other markets.
Google and Amazon say McDonald’s is one of the first direct employers to use their voice recognition systems this way.
It’s not yet available through Apple’s Siri.


Saudi Aramco sets IPO share price between 30-32 riyals

Updated 40 min 32 sec ago

Saudi Aramco sets IPO share price between 30-32 riyals

  • Saudi Aramco intends to buy $1 billion worth of shares for employee

DUBAI: Saudi Aramco’s multibillion-dollar initial public offering (IPO), probably the biggest in history, shifted to full gear as its share price was announced and subscription to the world’s biggest oil company commenced on Sunday.

Saudi Aramco set an indicative share price between 30 and 32 riyals for the 1.5 percent of its shares – or about 3 billion shares of its 20 billion regular shares – that it would offer for  the domestic part of its public offering. The blockbuster IPO could be worth least $24 billion, and values the state-owned oil giant at up to $1.71 trillion.

The offering – or book-building – period for institutional subscribers, which started today, closes on December 4 while the retail offering for individual investors will begin on November 21 and will end on November 28.

The final pricing for the Aramco shares would be announced on December 5.

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For more of our coverage of the Aramco IPO, click here.

To view key Aramco IPO documents, click here.

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Samba Capital & Investment Management Company has been designated as issue manager while National Commercial Bank, Saudi British Bank, Samba Financial Group, Saudi Investment Bank, Alawwal Bank, Arab National Bank, Albilad Bank, Aljazira Bank, Riyad Bank, Al Rajhi Bank, Alinma Bank, Banque Saudi Fransi and Gulf International Bank were named as receiving banks.

If there are applications for more than the 0.5 percent on offer — amounting to 1 billion shares — allocations to private investors will be scaled back proportionate to demand; if there are fewer applications than the 0.5 percent when all maximum applications are satisfied, private investors can have the over-payment refunded either in cash via the receiving banks or in the form of extra shares in Aramco.

There is an incentive mechanism in the IPO whereby Saudi investors will receive a bonus one-for-ten allocation of shares, up to a maximum of 100 shares, if they do not sell shares in the market for a period of six months after dealings begin in December, at a date still to be determined.

Saudi Aramco also intends to buy $1 billion worth of shares for employees under a plan to incentivize executives and staff members alongside the IPO next month.

The plan — which was disclosed in the IPO prospectus — will involve Aramco buying the shares from the government and making them available for employees under special terms.