August 3, 2016

Microsoft to Cut 2,850 Jobs in Smartphone Hardware and Sales

As Microsoft shifts its strategy to focus on cloud services and subscription-based products, Microsoft plans to cut an additional 2,850 jobs in the company’s smartphone hardware business and global sales. The layoffs will cost the company approximately $950 million, including $200 million in severance payments.

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The Do’s and Don’ts of Hiring Your First CFO

Its time to hire your SaaS or subscription-based companys first CFO. Your organization is in a position to warrant a professional executive in this role, and you generally know what youre looking for in a CFO. But, how can you be sure that the CFO youre hiring truly meets your needs? Subscription-based businesses require certain capabilities and expertise around process and structure to function properly. Denice Sakakeeny, our Subscription Insider guide to SaaS finance and operations outline the four key do’s and don’t of hiring your first CFO.

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