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Microsoft’s growth slowed in the second quarter of fiscal year 2023 with a 2% increase in total revenue.
Microsoft announced this week it will cut 10,000 jobs by the end of March and take a $1.2B hit for restructuring.
Amazon has expanded its original employee layoff count from 10,000 to 18,000, sharing the news the same day Salesforce did.
Yesterday Salesforce announced it is cutting 8,000 jobs globally, representing 10% of its total workforce.
Amazon will end Kindle Publishing for Periodicals in 2023, discontinuing newspaper and magazine subscriptions.
Truth Social launches DMs, Meta will shut down livestreaming platform, TikTok tries horizontal video.
Spotify cancels 6 live audio shows, DoorDash cuts 6% of staff, Microsoft tries to make Call of Duty deal with Sony.
Netflix launched its AVOD subscription model 6 weeks ago and is refunding advertisers for missing viewership goals.
Blue Apron lays off staff, Amazon adds shoppable feed, Sounders FC launch digital membership.
Yesterday CNN CEO Chris Licht announced hundreds of employee layoffs are coming.
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