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Jamf Announces Strategic Reinvestment Plan
Globenewswire· 2025-07-15 12:03
Q2 2025 Financial Results Expected to Exceed High End of Guidance RangesMINNEAPOLIS, July 15, 2025 (GLOBE NEWSWIRE) -- Jamf (NASDAQ: JAMF), the standard in managing and securing Apple at work, today announced a strategic reinvestment plan to help drive long-term growth, improve operational efficiency and enhance shareholder value. Jamf’s recent comprehensive systems update, spanning both front- and back-office operations, has provided enhanced insights into Jamf’s business and growth opportunities. As a res ...
Real ROI is being driven by AI investments, says FirstMark's Heitzmann
CNBC Television· 2025-07-08 20:07
>> All right. Welcome back. After a couple years of little activity, the IPO markets picked up with several companies seeing strong debuts.Is it a sign of even better things to come in the months ahead. Let's ask Rick Heitzmann. He's the first Smart Capital founder and partner, and he's with us here at post nine.It's good to see you, man. >> Hey, thanks for having me back. >> What is this, like, an awakening.>> Finally the thawing. There was a gradual thaw last time I was here. I said, hey, there's going to ...
Meta targets more 'underperformers' in mid-year reviews, internal memo shows
Business Insider· 2025-05-21 15:03
Core Insights - Meta is increasing the number of employees rated as "Below Expectations" in mid-year performance reviews, aiming for 15-20% of employees in this category for larger teams, up from 12-15% last year [2][6] - The mid-year performance review process is seen as an opportunity for potential exit decisions, with no company-wide terminations planned, unlike earlier this year [4][6] - This change follows a recent layoff of nearly 4,000 employees, about 5% of its workforce, indicating a trend towards more performance-based cuts [6][9] Performance Review Changes - Managers are instructed to classify up to 20% of employees as underperformers, a significant increase from previous years [2][7] - The review process will begin on June 16, with discussions between managers and employees occurring from July to August [5] - The criteria for performance-based cuts include a "Below Expectations" rating or recent formal disciplinary actions [4] Historical Context - The current changes echo a similar adjustment made at the end of 2022, where the share of employees classified as underperformers was roughly doubled [7][8] - Meta's tightening of performance review criteria reflects its strategy to reshape the workforce after years of overhiring [9] Industry Trends - Meta's approach aligns with broader trends in the tech industry, where companies are focusing on performance management and efficiency, as seen with recent layoffs at Microsoft and Google [10]