restructuring

Toshiba Axes 4,000 Staff In Post-Delisting Restructuring Operation

Workforce blow. Newly privatised Toshiba has embarked on a 'revitalisation plan' that will entail the loss of 4,000 jobs

1 week ago

Vodafone Germany Confirms 2,000 Job Losses, Amid European Restructuring

More downsizing at Vodafone after German operation announces 2,000 jobs will be axed, as automation increases in the future

2 months ago

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”

4 months ago

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

7 months ago

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…

7 months ago

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

7 months ago

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

1 year ago

Crypto.com Axes 20 Percent Of Staff

After the FTX collapse, Singapore's cryptocurrency exchange Crypto.com announces restructuring and axes staff

1 year ago

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…

2 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…

2 years ago

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…

2 years ago

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…

2 years ago

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 years 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 years 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”

4 years 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

8 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

8 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

8 years ago

Toshiba Predicts Record-Breaking $4.5bn Loss

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

8 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

9 years ago

Symantec Confirms Company Breakup

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

10 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

10 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

10 years ago

Sony Confirms Restructuring Plans And Vaio Sale

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

10 years ago

Dell Denies Plans To Cut 15,000 Staff

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

10 years ago

Lenovo Announces Major Structural Reorganisation

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

10 years ago

Lenovo To Split Into Business And High-End Divisions

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

11 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…

12 years ago