More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future
News restructuring
SAP To Restructure 8,000 Jobs, Amid Business AI Push
Restructuring plan at SAP will impact 8,000 jobs, as firm focuses “on scalability of operations and Business AI”
Celsius Network Approved To Exit Bankruptcy
New Jersey-based Celsius Network receives US bankruptcy court approval for a restructuring plan so it can exit Chapter 11
Vodafone To Exit Spain With Sale Of Spanish Arm To Zegona
Mobile giant confirms it will sell Vodafone Spain to Zegona for $5.3 billion (£4.4bn), in another restructuring move by new CEO
Qualcomm To Axe Jobs Amid Shrinking Revenue
Filing in California reveals Qualcomm is to axe 1,258 jobs in the US state, after previous warning of shrinking revenues
Avaya Files For Chapter 11 Protection, Again
Filing for bankruptcy protection will allow cloud comms provider Avaya to reduce its total debt burden to manageable levels
Crypto.com Axes 20 Percent Of Staff
After the FTX collapse, Singapore's cryptocurrency exchange Crypto.com announces restructuring and axes staff
HP To Layoff 4,000 To 6,000 Staff Over Next Three Years
Smaller still. Thousands of job cuts are coming to HP's global workforce, in addition to the 9,000 jobs it axed three years ago
Rivian Confirms It Will Cut 6 Percent Of Staff
Axe is to fall on 600 jobs at the electric truck maker Rivian, as it restructures to “optimise costs” in worsening economy
Twitter Not Planning Large Numbers Of Layoffs
Social media platform seeks to reassure workforce, saying it was not looking at company-wide layoffs, but it will continue its restructure
Rivian To Brief Staff About Restructuring, Potential Layoffs
More bad news for jobs? Staff at Rivian are to be briefed this week about restructuring and potential layoffs at the electric truck maker
ByteDance Chairman Zhang Yiming To Step Down
Another major shakeup at TikTok’s owner ByteDance, after former CEO and co-founder Zhang Yiming confirms departure as chairman
Facebook Considers Name Change In Major Rebrand – Report
What's in a name? Facebook is reportedly planning to rebrand itself with a new name, similar to the Alphabet/Google setup
Mozilla To Axe Quarter Of Its Workforce
Jobs losses. 250 jobs to be axed at Firefox creator Mozilla, with Coronavirus being blamed for “significant restructuring”
Microsoft Restructuring Sees Exit Of Veteran Terry Myerson
Another Nadella shakeup at Redmond sees focus on “intelligent cloud and intelligent edge”
Cisco Confirms Major Jobs Cull, Despite Profit Growth
Bad news for tech workers as networking giant confirms restructuring reports, despite £8.1 billion profit
Intel Posts Reduced Profit Amid Data Centre Slowdown
Intel reports a better than expected profit, but hefty cost cutting impacts chipmaker's bottom line
Yahoo Seeks Quick Sale Of Non-Core Assets
Restructuring includes potential sale of $1bn to $3bn worth of assets, Chief Financial Officer confirms
Toshiba Predicts Record-Breaking $4.5bn Loss
Troubled electronics giant will also cut nearly 7,000 jobs as its struggles continue
Sony Set To Split Off Semiconductor Business
New unit will look to promote image sensor business as Sony gets back in the black
BlackBerry Acquires Crisis Comms Firm AtHoc
BlackBerry snaps up communications provider despite major recent layoffs
Symantec Confirms Company Breakup
Symantec confirms breakup of company into two separate entities: security and information management
Sony Announces Major US Job Cuts, Store Closures
Company to close two-thirds of its Sony Stores and lay off a thousand employees
Alcatel-Lucent Targets Mobile Operators With NFV Solution
Alcatel-Lucent will demonstrate its network-function virtualisation (NFV) offering at this year's MWC
Sony Confirms Restructuring Plans And Vaio Sale
After several days of speculation, Sony has confirmed plans to restructure its electronics business
Dell Denies Plans To Cut 15,000 Staff
A small number of voluntary redundancies says Dell - after reports of huge staff cuts
Lenovo Announces Major Structural Reorganisation
Just days after buying IBM's x86 server business, Lenovo announces a major restructuring of the company
Lenovo To Split Into Business And High-End Divisions
Chinese company hopes to take on Apple and Samsung with premium ThinkPad brand
HP Cuts Forecast As Whitman Warns On Turnaround
HP CEO Meg Whitman has warned that it will take four to five years to turn around the fortunes of the company
Cisco Trims Senior Management Team
Cisco is streamlining its executive management team as part of its ongoing restructuring efforts