Tag Archives: CEO

So far, travel this summer has been characterized by long lines at airports, a spate of flight delays and cancellations, and unprecedented amounts of lost luggage. All of which make for one of the most chaotic travel seasons in recent memory. It’s so bad that Delta Air Lines sent an empty plane to one of the world’s biggest hubs, London Heathrow, just to fly over 1,000 lost pieces of luggage back to the U.S. This Wednesday, Delta became the first airline to release quarterly earnings,… Source link

In a recent staff-wide email, Alphabet and Google CEO Sundar Pichai referenced the potential for a recession and how it could affect the company. “We need to be more entrepreneurial working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days,” he wrote. Many thought Pichai’s words sounded grim, according to TechCrunch, which missed the overarching message within the email.  What Pichai really meant is that he has a brilliantly simple plan to help top… Source link

Comment on this story Comment Google will slow down its pace of hiring in response to an “uncertain” global economic outlook, chief executive Sundar Pichai wrote in an email to employees that was obtained by The Washington Post. The company has already hired thousands of employees this year and will continue to hire, but it will start focusing its hiring efforts on engineering and other “technical” roles, Pichai wrote in the memo. “We need to be more entrepreneurial, working with… Source link

Google has told employees that it’ll be “slowing down the pace of hiring for the rest of the year,” according to an internal memo Tuesday by CEO Sundar Pichai obtained by The Verge. Pichai says the company will have to “be more entrepreneurial” and work with “greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days.” You can read the full memo below. According to the memo, the company isn’t freezing hiring entirely; it’ll still hire for… Source link

Struggling retailer Gap (GPS) is in crisis mode ahead of the crucial selling periods of back to school and the holidays, with the stock down nearly 6% in pre-market trading after it revealed the departure of its CEO. Gap surprised a few on the Street Monday evening after the market close by announcing CEO Sonia Syngal would be stepping down as CEO after a “brief” transition period. In her place, executive chairman Bob Martin will assume the role as interim CEO. Syngal was seen as a potential… Source link

‘The biggest Ponzi scheme in history’: This CEO warns that the Fed’s strategy has created a giant bubble in housing. Here’s what he likes for protection The Fed is tasked with a dual mandate: to ensure price stability and aim for maximum employment. But according to Dan Morehead, CEO of crypto hedge fund giant Pantera Capital, there’s a third thing that the Fed has been doing — running a Ponzi scheme. In his latest Blockchain Letter, Morehead says that the Fed’s “manipulation of… Source link

TopGolf is to driving ranges what Pizza Planet was to pizza shops, except non-fictional. The sport of golf saw tremendous growth during the height of the pandemic drove sportspeople towards socially-distanced outdoor activities. Now, during an inflationary reality for consumers, TopGolf looks to weather a cost-conscious visitor — while replicating its driving range formula at new geographic locations. “We’re really looking everywhere globally,” TopGolf CEO Artie Starrs told Yahoo Finance… Source link

The wedding business is booming. After the pandemic forced couples to postpone walking down the aisle, weddings are ‘through the roof this year,’ according to Zola CEO Shan-Lyn Ma. “We have one of the busiest wedding years since the 1980s,” Ma told Yahoo Finance (video above). “Guests are excited to go to weddings again, and they are invited to more than ever before.” A report by The Knot estimates the number of weddings will hit 2.6 million this year, up from 2.2 million in… Source link

Former Google CEO Eric Schmidt shares details about the “brutal” review process employees had to go through when pitching ideas for new products. During a Q&A session at the Collision conference in Toronto, Schmidt was asked about his approach to forecasting futures and whether he uses a bottom-up or top-down approach. Collision is a conference geared toward startups and investors, so the questions asked were all within that realm. One question prompted Schmidt to drop some interesting… Source link

The news sent the company’s shares 9% higher in extended trading on Tuesday and underscored a shift in focus at Pinterest to e-commerce initiatives from its advertising-based business model. In Ready, 42, the company gets an executive who for the past two years ran commerce and payment operations at the Alphabet Inc-owned search giant. Ready has also held senior leadership roles at PayPal. His appointment brings to an end Silbermann’s 12-year tenure as CEO, which began when he co-founded the… Source link