#corporate-restructuring
#corporate-restructuring
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#workforce-reduction
Tech industry
fromTechzine Global
2 months agoWhy Intel is cutting 20 percent of its workforce
Intel's CEO plans to cut 20% of the workforce in a reorganization to streamline operations and boost efficiency.
Tech industry
fromFast Company
4 months agoTech layoffs 2025 update: HP, Grubhub, Autodesk, Ibotta, are the latest to cut jobs and employees
Tech industry job cuts rose sharply in late February with companies like HP, Grubhub, and Autodesk announcing layoffs.
#layoffs
Coffee
fromFast Company
4 months agoStarbucks to lay off 1,100 workers and cut these 13 drinks amid lackluster sales
Starbucks plans to lay off 1,100 corporate employees to streamline operations and improve efficiency.
Startup companies
fromwww.thelocal.se
3 months agoWhat happens in Sweden when a company wants to make staff redundant?
Swedish law allows companies to lay off workers for 'objective reasons', even in profitable situations.
Boston food
fromBoston.com
3 months agoMass General Brigham's second round of major layoffs begins this week
Mass General Brigham is laying off hundreds of administrative staff to address a $250 million budget gap over the next two years.
Toronto startup
fromwww.nytimes.com
4 months agoStarbucks to Lay Off 1,100 Corporate Workers
Starbucks is laying off 1,100 corporate employees to improve efficiency and address declining sales amid changing customer preferences.
fromVG247
1 month agoEmbracer Group says it'll put out 76 different games in the coming year, as it ditches friends for a fellowship and spins off Goat Sim publisher Coffee Stain
The company's decision to form a fellowship indicates a shift in strategy focused on clearer branding and committing to new game releases within a competitive market.
Board games
#openai
Artificial intelligence
fromITPro
4 months agoOpenAI's day in the sun is over
OpenAI is facing serious financial struggles as it tries to maintain its position in the competitive AI landscape.
Non-profit organizations
fromwww.nytimes.com
2 months agoOpenAI Backtracks on Plans to Drop Nonprofit Control
OpenAI restructures as a public benefit corporation, allowing its controlling nonprofit to maintain ownership.
Non-profit organizations
fromBusiness Insider
1 month agoOpenAI thinks it has defused its multibillion-dollar time bomb
OpenAI plans to restructure its for-profit arm into a Public Benefit Corporation to satisfy investor requirements and maintain some oversight from its nonprofit parent.
Video games
fromwww.theguardian.com
1 month agoWhen video games journalism eats itself, we all lose out | Keith Stuart
The recent departures and sales in video game journalism highlight ongoing shifts and challenges faced in the industry.
Key contributors have exited major sites, sparking concerns about the future of video game journalism.
Video games
fromGameSpot
3 months agoNetflix Gaming And Generative AI Chief Has Left The Company
Mike Verdu, Netflix's VP of gaming, has left amid significant layoffs and restructuring in Netflix's gaming division.
Netflix is pivoting its gaming strategy following Verdu's departure, with new leadership under Alain Tascan.
fromTechzine Global
6 months agoCisco "needs to be 10 times better" than competition
Patel emphasized the need for a reshaped portfolio, stating, 'Cisco has grown over the years. What happens then is that within the organization someone is responsible for the networking component, someone for compute, someone for security, someone for observability and so on.' This division led to underutilization of Cisco's capabilities, limiting their structural advantages.
Miscellaneous
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