#corporate-strategies

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The chief people officer of Yahoo says the company ditched formal performance reviews because it created unwanted 'emotive moments'

Yahoo has replaced formal employee evaluations with continuous check-ins to foster better communication.
The shift aims to prevent surprises in performance reviews and enhance employee satisfaction.

Foreign firms pull more money from China's slowing economy

Foreign investment in China continues to decline amid geopolitical tensions and competition, raising concerns of a potential historic net outflow.
#tech-layoffs

Amazon says no to remote work | TechCrunch

Amazon mandates a full return to the office by 2025, moving employees from a hybrid model to full in-office work.
Cisco announces significant layoffs amidst a strong financial performance, reducing its workforce by 7%.
The iPhone 16 Pro Max introduces several new features, prompting a debate on the value of upgrading for consumers.
Mozilla ends its Mastodon server, emphasizing user data portability before the shutdown.

"We're focusing on high-growth areas" is the new big tech excuse for "you're no longer needed"

Layoffs in tech persist as companies prioritize investments in high-growth areas like AI, leaving many employees facing job insecurity.

Amazon says no to remote work | TechCrunch

Amazon mandates a full return to the office by 2025, moving employees from a hybrid model to full in-office work.
Cisco announces significant layoffs amidst a strong financial performance, reducing its workforce by 7%.
The iPhone 16 Pro Max introduces several new features, prompting a debate on the value of upgrading for consumers.
Mozilla ends its Mastodon server, emphasizing user data portability before the shutdown.

"We're focusing on high-growth areas" is the new big tech excuse for "you're no longer needed"

Layoffs in tech persist as companies prioritize investments in high-growth areas like AI, leaving many employees facing job insecurity.
moretech-layoffs

How the AI revolution could cost you your job without replacing you

Some workers could lose jobs due to AI investments even without direct replacement.

MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash

MicroStrategy plans to issue $500 million in convertible senior notes to acquire more Bitcoin, currently holding 214,400 BTC worth over $14 billion.
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