Business Operations
Latest
Disney announced they would cut 7,000 jobs and cut expenses by $5.5B as part of a companywide strategic restructuring.
Last week, Marquee Brands announced that it has acquired a majority stake in America’s Test Kitchen.
Eighteen months after its relaunch, Gawker is being shuttered again. Parent company Bustle Digital Group is also laying off 8% of staff companywide.
In its Q4 and full-year 2022 earnings report, Amazon reports a net loss of $2.7B for the year, though the company still experienced revenue gains.
Connected fitness company Peloton is making significant improvements in subscription revenue and other categories.
Lifetime subscriptions are available for Dollar Flight Club, Amdocs launches subscription marketplace, Dotdash Meredith to lay off 7% of staff.
LinkedIn grows; Twitter Blue to get ad-free subscription tier; and Amazon Fresh adds delivery fees to orders under $150.
Shopify announced that they were increasing pricing for their merchant subscription plans by an average of 33%.
Volvo is rebooting its Care by Volvo car subscription service in California, but is light on pricing, features, terms and conditions.
Peacock reported that it more than doubled paid streaming subscribers in 2022, ending the year with 20 million.
