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Seattle approves new city budget that plugs shortfalls with surplus revenue from business tax

GeekWire

Amazon’s Spheres and other buildings at the company’s headquarters campus in Seattle. Now the city is using the surplus to help close major gaps in its budget. million from JumpStart revenue to be reallocated to the General Fund in 2022, up to $71.1 GeekWire Photo / Kurt Schlosser). Impact of industry layoffs.

Budget 91
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Google Cloud growth slows as Alphabet net income plunges

CIO Business Intelligence

Even though Google Cloud revenue growth showed signs of slowing, it nevertheless provided something of a bright spot as parent company Alphabet — hit hard by the tightening of customer budgets — posted a year-over-year decline in net income for its 2022 fourth quarter. Net income (profit) was $13.6 from the $61.2

.Net 52
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Recent grads working in tech are migrating to Seattle more than any other U.S. city

GeekWire

Amazon workers and others near The Spheres on the company’s Seattle headquarters campus. A new CBRE study detailing talent migration trends found that from February 2022 to February 2023, Seattle led all cities with a 15.2% “in-migration rate” for tech workers with 0-to-3 years of experience.

.Net 123
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Seattle office market continues to struggle as vacancy rates rise for ninth consecutive quarter

GeekWire

It also marked the ninth straight quarter of negative net office absorption, which is calculated by the total amount of space leased minus the total space vacated in a given quarter. Companies are reducing real estate footprints with the adoption of hybrid work policies. at the end of 2023, the ninth consecutive quarterly increase.

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How to Craft a Cloud Experience Without Busting the IT Budget

CIO Business Intelligence

Investing in IT without busting the budget is no mean feat, for even the most well-heeled organizations. Budget-conscious organizations are increasingly turning to pay-per-use subscriptions billed as OpEx. 2022 2 The Business Value of Dell Technologies APEX as-a-Service Solutions, IDC, August 2021 Cloud Computing

Budget 52
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Customer service, especially field service, helps companies outperform competitors and drive growth

CIO Business Intelligence

We can expect that every company is going to react this way in times of uncertainty. Where winning companies deviate from the norm is that they look for opportunities to attract and retain customers by making experience and service a signature competitive advantage. There’s much to be done. Only 26% of U.S.

Company 113
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T-Mobile to acquire Mint Mobile for $1.35B and tap into owner Ryan Reynolds’ marketing skills

GeekWire

T-Mobile is acquiring the brands’ sales, marketing, digital, and service operations,  and plans to tap into Mint’s marketing expertise to reach new budget-conscious customers. million postpaid net account additions in 2022, both record highs. The company had $4.5 The maximum price of $1.35

Mobile 98