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

3 months ago

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

3 months ago

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”

1 year ago

Cisco Confirms Major Jobs Cull, Despite Profit Growth

Bad news for tech workers as networking giant confirms restructuring reports, despite £8.1 billion profit

5 years ago

Intel Posts Reduced Profit Amid Data Centre Slowdown

Intel reports a better than expected profit, but hefty cost cutting impacts chipmaker's bottom line

5 years ago

Yahoo Seeks Quick Sale Of Non-Core Assets

Restructuring includes potential sale of $1bn to $3bn worth of assets, Chief Financial Officer confirms

6 years ago

Toshiba Predicts Record-Breaking $4.5bn Loss

Troubled electronics giant will also cut nearly 7,000 jobs as its struggles continue

6 years ago

Sony Set To Split Off Semiconductor Business

New unit will look to promote image sensor business as Sony gets back in the black

6 years ago

Symantec Confirms Company Breakup

Symantec confirms breakup of company into two separate entities: security and information management

7 years ago

Sony Announces Major US Job Cuts, Store Closures

Company to close two-thirds of its Sony Stores and lay off a thousand employees

8 years ago

Alcatel-Lucent Targets Mobile Operators With NFV Solution

Alcatel-Lucent will demonstrate its network-function virtualisation (NFV) offering at this year's MWC

8 years ago

Sony Confirms Restructuring Plans And Vaio Sale

After several days of speculation, Sony has confirmed plans to restructure its electronics business

8 years ago

Dell Denies Plans To Cut 15,000 Staff

A small number of voluntary redundancies says Dell - after reports of huge staff cuts

8 years ago

Lenovo Announces Major Structural Reorganisation

Just days after buying IBM's x86 server business, Lenovo announces a major restructuring of the company

8 years ago

Lenovo To Split Into Business And High-End Divisions

Chinese company hopes to take on Apple and Samsung with premium ThinkPad brand

9 years ago

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…

9 years ago

Cisco Trims Senior Management Team

Cisco is streamlining its executive management team as part of its ongoing restructuring efforts

10 years ago

Barclays Confirms 422 British IT Jobs To Go In Restructuring

Barclays is to axe 422 IT positions in the UK, with a further 200 positions being lost overseas as well

10 years ago

Cisco’s Share In Ethernet Switch Market Jumps

After a difficult restructuring, Cisco's share of the Ethernet switching space grew by almost three percent: IDC

10 years ago

Cisco Completes Restructuring As Revenues Rise

It has been a painful restructuring period for Cisco, but judging by its revenues the medicine is working

10 years ago

Nokia Takes Axe To Workforce Again

Nokia is cutting 3,500 jobs as well as a factory in Romania

10 years ago

Cisco Outlines Restructure Plans

Cisco's CEO is planning a structural overhaul, as well as plans for collaboration, virtualisation and video

11 years ago