Amazon cuts hundreds of jobs in Prime Video and MGM Studios: Read the memo to employees

[ad_1] Amazon is laying off hundreds of employees across its Prime Video and MGM Studios divisions. Mike Hopkins, who oversees those units, sent a note to staffers on Wednesday informing…

GM’s Cruise laying off 900 employees, or 24% of its workforce: Read the memo here

[ad_1] General Motors’ Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce, the company confirmed to CNBC. The layoffs, which primarily affected…

Nigerian fintechs rush to reassure customers over NIBSS memo | TechCabal

[ad_1] Nigerian financial services companies are racing to reassure users after a memo from the Nigeria Inter-Bank Settlement System (NIBSS) asked banks and mobile money operators to delist unlicenced fintechs…

Leaked Amazon memo shows efforts to shape public opinion on warehouses, critics say

[ad_1] Amazon workers protest unsafe working conditions and demand higher wages at the company’s San Bernardino air-hub facility in October 2022. Critics are condemning a leaked Amazon memo, saying it…

Spotify’s Layoff Memo and the Art of Delivering Bad News

[ad_1] Updated Dec. 5, 2023 12:06 am ET Listen to article (1 minute) It has become a staple of the modern corporate downsizing: the public CEO layoff letter. Before a company…

Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff

[ad_1] It comes after Spotify reported a 65 million euros ($70.7 million) profit in the third quarter, citing lower spend on marketing and personnel. Spotify raised prices of its subscription…

Opinion: Memo to politicians: Beware pro sports teams looking for a gift

[ad_1] Open this photo in gallery: A woman holding a sign saying they are the Kings of health during a demonstration at the National Assembly on Nov. 23 in Quebec…

OpenAI in ‘Intense Discussions’ to Unify Company, Memo Says

[ad_1] OpenAI said it’s in “intense discussions” to unify the company after another tumultuous day that saw most employees threaten to quit if Sam Altman doesn’t return as chief executive…

OpenAI’s Sam Altman ousted over ‘breakdown in communication’, memo says

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Altman was pushed out of OpenAI over a…

OpenAI CEO’s ouster was over “breakdown of communications,” not “malfeasance”: Memo

[ad_1] OpenAI CEO Sam Altman’s firing was over a “breakdown in communication between Sam and the board,” and not “malfeasance or anything related to our financial, business, safety, or security/privacy…