All articles tagged with #ceo memo
AT&T CEO John Stankey's candid memo openly acknowledges the end of traditional workplace loyalty, shifting towards a market-based approach that emphasizes transparency and basic employee rights, but also dismisses expectations of loyalty and long-term job security, reflecting a broader trend of management by fear and a changing corporate culture in the age of AI.
Microsoft employees are reacting with suspicion, anger, and speculation to CEO Satya Nadella's memo explaining the company's job cuts amid record profits and massive AI investments, with concerns about future layoffs and internal morale.
Vice Media is ceasing its website operations and focusing on its studio, resulting in the layoff of hundreds of employees. The company is also in the process of selling Refinery.com. The decision comes as Vice continues to grapple with financial struggles and seeks to realign its resources. CEO Bruce Dixon outlined the changes in a memo, expressing the need to adapt to the evolving business landscape and transition to a studio model, while also acknowledging the significant impact on affected employees.