memo
After Microsoft reported quarterly results on Wednesday, CFO Amy Hood sent an internal memo to employees highlighting “increased pace” and “tighter, more accountable squads.” Loading audio narration… “Thank you for the way you showed up this quarter — with focused execution and increased pace as the opportunity ahead of us…
Disney is shuffling its streaming commerce and data teams as a top executive exits. Loading audio narration… Ajay Arora, Disney’s SVP of product management and engineering, is leaving the company on April 30, product and tech chief Adam Smith told employees late last week in a memo obtained by Business…
Meta announced to employees that it is planning on laying off around 10% of the entire company on May 20, according to an email. Loading audio narration… Meta currently employs over 78,000 people worldwide, so the move will affect approximately 7,800 of the company’s staff. The company is also eliminating…
Billionaire Ken Griffin was targeted last week by New York City Mayor Zohran Mamdani — and now the Citadel founder’s right-hand man is suggesting the hedge fund could rethink a $6 billion project. Loading audio narration… The clip shared by Mamdani called out Griffin by name as the mayor and…
Snap has become the latest tech company to announce sweeping layoffs. Loading audio narration… In a memo to employees released in a regulatory filing on Wednesday, CEO Evan Spiegel said Snap would cut 1,000 employees, about 16% of its global workforce, citing “rapid advancements” in AI and “small squads” using…
Khartoon Weiss, the former lead executive for TikTok’s North American ads business, is joining Google. Loading audio narration… She’ll serve as vice president of US Mid Market Sales (MMS), Commerce, according to a memo sent to Google employees on Monday.MMS typically handles medium-sized advertising clients for Google. The commerce team…
