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Internal Memo

All articles tagged with #internal memo

business1 year ago•2 min saved

"WeightWatchers CEO's Internal Memo Amid Stock Plunge and Oprah Exit"

WeightWatchers CEO Sima Sistani sent an internal memo to employees to reassure them amid the company's plummeting stock following Oprah Winfrey's departure from the board, stating that the stock price will take care of itself. Despite the stock's decline, Sistani emphasized the company's healthy financial position and strong liquidity, pushing back against concerns over growth and liquidity. She vowed to prove the naysayers wrong and urged employees to stay focused on delivering for members, expressing confidence in the company's long-term success.

via Fox Business|

#business #ceo #internal-memo

technology2 years ago•1 min saved

"Google and YouTube Announce Further Job Cuts in Ongoing Restructuring"

Google CEO Sundar Pichai warned employees to expect more job cuts this year as the company aims to invest in its big priorities, leading to layoffs and reorganizations across various departments. Pichai acknowledged the difficulty of the situation and stated that the layoffs are about simplifying execution and driving velocity in some areas. The company has already made some role eliminations and will continue to make specific resource allocation decisions throughout the year, potentially impacting more roles.

via The Verge|

#google #internal-memo #job-cuts