#company-restructuring
#company-restructuring

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Why Brex needed a 3.0 moment - and how the new operating model is less about code and more about vision - Tearsheet

Brex restructured its operation model to focus solely on startups after realizing it could not effectively serve both startups and larger businesses.

Commercetools, a pioneer in 'headless commerce', lays off dozens of staff | TechCrunch

Commercetools has laid off around 10% of its workforce due to unmet sales growth targets amid shifting e-commerce conditions.

Why Brex needed a 3.0 moment - and how the new operating model is less about code and more about vision - Tearsheet

Brex restructured its operation model to focus solely on startups after realizing it could not effectively serve both startups and larger businesses.

Commercetools, a pioneer in 'headless commerce', lays off dozens of staff | TechCrunch

Commercetools has laid off around 10% of its workforce due to unmet sales growth targets amid shifting e-commerce conditions.

morebusiness-strategy

#job-cuts

Internal Meta documents show which teams were hit the hardest in 'low performer' cuts

Meta's recent job cuts affected 3,115 employees, primarily from teams under head Tom Alison, with 335 roles eliminated.

Overall, 5% of Meta's workforce experienced layoffs.

Continental: German auto parts giant cuts thousands of jobs DW 02/18/2025

Continental is cutting 3,000 jobs by 2026 due to downturn in Germany's automotive industry, affecting multiple plants and resulting in a plant closure.

Tesla lays off even more workers, including engineers, devs

Tesla has undergone multiple rounds of layoffs, which have affected a wide range of employees including engineers and developers.

Riot makes more cuts, this time to crown jewel League of Legends

Riot Games is cutting jobs from the League of Legends team to ensure the right expertise for the game's long-term success.

Internal Meta documents show which teams were hit the hardest in 'low performer' cuts

Meta's recent job cuts affected 3,115 employees, primarily from teams under head Tom Alison, with 335 roles eliminated.

Overall, 5% of Meta's workforce experienced layoffs.

Continental: German auto parts giant cuts thousands of jobs DW 02/18/2025

Continental is cutting 3,000 jobs by 2026 due to downturn in Germany's automotive industry, affecting multiple plants and resulting in a plant closure.

Tesla lays off even more workers, including engineers, devs

Tesla has undergone multiple rounds of layoffs, which have affected a wide range of employees including engineers and developers.

Riot makes more cuts, this time to crown jewel League of Legends

Riot Games is cutting jobs from the League of Legends team to ensure the right expertise for the game's long-term success.

morejob-cuts

#layoffs

CVS layoffs: Pharmacy to cut 2,900 workers amid breakup rumors, AI tech investments

CVS plans to lay off 2,900 workers to save costs and invest more in technology, amid significant economic challenges.

Tesla's entire Supercharger team has been fired

The Tesla Supercharger team, responsible for managing and developing electric vehicle charging stations throughout the United States, has been fired.

SF tech company worth $16 billion lays off staff after turning first profits

Okta is cutting 180 jobs as part of a restructuring plan, marking three consecutive years of layoffs for the company.

Stripe is laying off 300 people, but says it still plans to hire in 2025 | TechCrunch

Stripe is laying off 300 employees while still planning to grow overall headcount by 17% by the end of the year.

Tesla Rewards Dedicated Worker Who Showered at Factory and Slept in His Car by Firing Him

Dedicated employees laid off despite extreme efforts to meet production goals at Tesla.

Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker

Tesla is laying off hundreds of employees at its Bay Area facilities to cut costs amid challenging times.

CVS layoffs: Pharmacy to cut 2,900 workers amid breakup rumors, AI tech investments

CVS plans to lay off 2,900 workers to save costs and invest more in technology, amid significant economic challenges.

Tesla's entire Supercharger team has been fired

The Tesla Supercharger team, responsible for managing and developing electric vehicle charging stations throughout the United States, has been fired.

SF tech company worth $16 billion lays off staff after turning first profits

Okta is cutting 180 jobs as part of a restructuring plan, marking three consecutive years of layoffs for the company.

Stripe is laying off 300 people, but says it still plans to hire in 2025 | TechCrunch

Stripe is laying off 300 employees while still planning to grow overall headcount by 17% by the end of the year.

Tesla Rewards Dedicated Worker Who Showered at Factory and Slept in His Car by Firing Him

Dedicated employees laid off despite extreme efforts to meet production goals at Tesla.

Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker

Tesla is laying off hundreds of employees at its Bay Area facilities to cut costs amid challenging times.

morelayoffs

Sonos' chief product officer is also leaving the company

Sonos is restructuring leadership to recover from a failed mobile app redesign and regain consumer trust.

What went wrong for 23andMe

23andMe is restructuring to address challenges following a $30 million data settlement and restore customer trust.

REI Closes Adventure Travel Business, Cutting 10 Cycling Experiences

REI Co-op is eliminating its Experiences division to focus on core retail business due to financial sustainability concerns.

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

Hut 8 is more diversified post-merger with US Bitcoin Corp.

Significant flexibility with over 9,000 bitcoins in stash.

Lenovo loses its Infrastructure Solutions Group boss

Lenovo's Infrastructure Solutions Group (ISG) head Kirk Skaugen departs abruptly, with company veterans taking interim roles.

Can Will Lewis Survive the Big Mess at the Washington Post?

Drama unfolded at The Washington Post after the announcement of editorial changes, including the departure of executive editor Sally Buzbee and restructuring under Will Lewis.

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#company-restructuring#company-restructuring

Why Brex needed a 3.0 moment - and how the new operating model is less about code and more about vision - Tearsheet

Commercetools, a pioneer in 'headless commerce', lays off dozens of staff | TechCrunch

Why Brex needed a 3.0 moment - and how the new operating model is less about code and more about vision - Tearsheet

Commercetools, a pioneer in 'headless commerce', lays off dozens of staff | TechCrunch

Internal Meta documents show which teams were hit the hardest in 'low performer' cuts

Continental: German auto parts giant cuts thousands of jobs DW 02/18/2025

Tesla lays off even more workers, including engineers, devs

Riot makes more cuts, this time to crown jewel League of Legends

Internal Meta documents show which teams were hit the hardest in 'low performer' cuts

Continental: German auto parts giant cuts thousands of jobs DW 02/18/2025

Tesla lays off even more workers, including engineers, devs

Riot makes more cuts, this time to crown jewel League of Legends

CVS layoffs: Pharmacy to cut 2,900 workers amid breakup rumors, AI tech investments

Tesla's entire Supercharger team has been fired

SF tech company worth $16 billion lays off staff after turning first profits

Stripe is laying off 300 people, but says it still plans to hire in 2025 | TechCrunch

Tesla Rewards Dedicated Worker Who Showered at Factory and Slept in His Car by Firing Him

Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker

CVS layoffs: Pharmacy to cut 2,900 workers amid breakup rumors, AI tech investments

Tesla's entire Supercharger team has been fired

SF tech company worth $16 billion lays off staff after turning first profits

Stripe is laying off 300 people, but says it still plans to hire in 2025 | TechCrunch

Tesla Rewards Dedicated Worker Who Showered at Factory and Slept in His Car by Firing Him

Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker

Sonos' chief product officer is also leaving the company

What went wrong for 23andMe

REI Closes Adventure Travel Business, Cutting 10 Cycling Experiences

Bitcoin Miner Hut 8 Has Larger, More Diversified Business Model Following USBTC Merger: Canaccord

Lenovo loses its Infrastructure Solutions Group boss

Can Will Lewis Survive the Big Mess at the Washington Post?

#company-restructuring
#company-restructuring