Tag Archives: memo

Amazon is breaking up its Wondery podcast studio as consumption of the medium shifts to video and personality-driven shows, according to a memo viewed by Business Insider. About 110 people are being let go as a result, a person familiar with the matter told BI. Also exiting is Wondery’s CEO Jen Sargent. Amazon made a big bet on podcasts when …

CEOs are done mincing words. AT&T CEO John Stankey didn’t hold back in a Friday message to managers at the 140,000-person company: “Commit to adjusting your own behaviors.” Stankey’s message comes about seven months after the company issued a strict return-to-office mandate and amid what the CEO described as a longer-term cultural shift underway. The 2,500-word memo is a rare …

Microsoft employees should strap in for another year of “intensity,” according to the software giant’s top finance executive. Chief Financial Officer Amy Hood sent an email to employees on Wednesday after the company reported a $27 billion quarterly profit, telling them the year ahead will require “intensity, clarity, and bold execution.” Hood sends out these emails every quarter when Microsoft …

The US Department of Justice is facing a federal lawsuit for refusing to release a legal memorandum that reportedly cleared the way for Donald Trump’s acceptance of a $400m luxury aircraft from Qatar’s government. The Freedom of the Press Foundation, represented by the watchdog group American Oversight, filed the Freedom of Information Act (Foia) lawsuit in Washington DC’s federal district …

It was a a star-studded evening in West Hollywood, where Justin Bieber celebrated the recent launch of his new album, Swag. In attendance, of course, was his wife Hailey Bieber and their close friend Kendall Jenner—both aligning on a dual dress code for the evening. Justin, meanwhile, stuck to his own color-popping aesthetic. The Hailey Bieber and Kendall Jenner schools …

Microsoft employees are reacting to a memo from CEO Satya Nadella that attempted to explain why the company has cut jobs while generating huge profits and spending billions on AI. Microsoft has shed thousands of employees this year. The company has earned $75 billion in profit over the past three fiscal quarters, and plans to spend $80 billion on AI …

Tesla told staff on Thursday it plans to launch its Robotaxi service in San Francisco this weekend, according to an internal memo viewed by Business Insider. The company said its timeline for the launch had been moved up and the service could launch as soon as Friday. Some Tesla owners will be sent an invite to use the service, the …

In new memo, Microsoft CEO addresses ‘enigma’ of layoffs amid record profits and AI investments  GeekWire Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him  CNBC Read Microsoft CEO’s memo to staff explaining why the tech giant is laying off workers while making huge profits  Business Insider Satya Nadella seeks to reassure Microsoft employees in layoffs memo  The Verge Satya Nadella …

I also want to acknowledge the uncertainty and seeming incongruence of the times we’re in. By every objective measure, Microsoft is thriving — our market performance, strategic positioning, and growth all point up and to the right. We’re investing more in CapEx than ever before. Our overall headcount is relatively unchanged, and some of the talent and expertise in our …

‘Definitely playing favorites:’ Interior memo could strike dire blow to wind and solar projects  Politico Trump targets solar and wind with tighter federal permitting in another blow to renewable industry  CNBC Trump adds new level of scrutiny to wind and solar projects  The Washington Post Interior Dept. to Put Wind and Solar Projects Through Stricter Political Review  The New York Times Trump Orders New …