Business Operations

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Microsoft’s growth slowed in the second quarter of fiscal year 2023 with a 2% increase in total revenue.
Google and Alphabet announced it would layoff 12,000 employees, with some layoffs effective immediately.
Microsoft announced this week it will cut 10,000 jobs by the end of March and take a $1.2B hit for restructuring.
Apple had a strong year in Services, Amazon expands Buy with Prime, and creators are nervous about a TikTok ban.
FlexPay and PYMNTS release a new subscription business report, Vice can’t find a buyer and Parler lays off staff.
Recurly recovers close to $1B in subscription revenue, fuboTV raises prices, and Urban Plates slashes prices.
Stitch Fix is undergoing another transformation, replacing its CEO, laying off 20% of staff and closing a distribution center.
With the departure of subscription exec Peter Stern, Apple is breaking its Services division down into 3 separate divisions.
Google has agree to settle a 12-year-old data privacy case for $23M for sharing personal info with 3rd parties.

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