#corporate-restructuring

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#intel
more#intel
fromLondon Business News | Londonlovesbusiness.com
1 week ago

Thames Water remains in 'crisis mode' - London Business News | Londonlovesbusiness.com

Thames Water is heavily in debt with £1.27 billion owed to creditors and has incurred £122 million in fines from Ofwat, indicating severe financial distress.
UK news
#bankruptcy
fromFast Company
1 month ago
Atlanta Braves

Hooters is abruptly closing more restaurants: See the list of doomed locations in several states

fromFast Company
1 month ago
Atlanta Braves

Hooters is abruptly closing more restaurants: See the list of doomed locations in several states

more#bankruptcy
#financial-regulations
fromTearsheet
3 weeks ago
Business

With its historic asset cap lifted, what exactly does Wells Fargo plan to do with its regained freedom? - Tearsheet

fromTearsheet
3 weeks ago
Business

With its historic asset cap lifted, what exactly does Wells Fargo plan to do with its regained freedom? - Tearsheet

more#financial-regulations
#workforce-reduction
Tech industry
fromFast Company
4 months ago

Tech 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.
European startups
fromThe Verge
2 months ago

Microsoft announces layoffs that will impact at least 6,000 employees

Microsoft is laying off over 6,000 employees, impacting all levels and businesses in the company.
This marks the largest job cuts since 2023's layoffs of 10,000 employees.
Tech industry
fromFast Company
4 months ago

Tech 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.
European startups
fromThe Verge
2 months ago

Microsoft announces layoffs that will impact at least 6,000 employees

Microsoft is laying off over 6,000 employees, impacting all levels and businesses in the company.
This marks the largest job cuts since 2023's layoffs of 10,000 employees.
more#workforce-reduction
#ai
fromGeekWire
1 month ago
Artificial intelligence

Andy Jassy's long game: Amazon's reinvention enters its 5th phase as AI upends the workforce

fromGeekWire
1 month ago
Artificial intelligence

Andy Jassy's long game: Amazon's reinvention enters its 5th phase as AI upends the workforce

more#ai
#warner-bros-discovery
Media industry
fromInsideHook
1 month ago

Warner Bros. Discovery Is Becoming Two Companies

Warner Bros. Discovery is rebranding and splitting into two companies: Global Networks and Streaming & Studios.
Media industry
fromEntrepreneur
1 month ago

Warner Bros. Discovery Splitting Into 2: Here's What to Know | Entrepreneur

Warner Bros. Discovery is splitting into two publicly traded entities to enhance focus and flexibility in the media industry.
Media industry
fromInsideHook
1 month ago

Warner Bros. Discovery Is Becoming Two Companies

Warner Bros. Discovery is rebranding and splitting into two companies: Global Networks and Streaming & Studios.
Media industry
fromEntrepreneur
1 month ago

Warner Bros. Discovery Splitting Into 2: Here's What to Know | Entrepreneur

Warner Bros. Discovery is splitting into two publicly traded entities to enhance focus and flexibility in the media industry.
more#warner-bros-discovery
#warner-bros
Media industry
fromKotaku
1 month ago

The WB Discovery Merger Failed, And Now It's Splitting Back Up

WB Discovery is splitting into two companies due to mismanagement and debt issues.
Media industry
fromKotaku
1 month ago

The WB Discovery Merger Failed, And Now It's Splitting Back Up

WB Discovery is splitting into two companies due to mismanagement and debt issues.
more#warner-bros
Marketing tech
fromBusiness Insider
1 month ago

The exit of ad giant WPP's CEO signals the end of Madison Avenue as we knew it

WPP CEO Mark Read is stepping down, reflecting challenges in a transforming ad industry dominated by AI and tech innovations.
#job-cuts
Tech industry
fromFast Company
2 months ago

Tech layoffs update May 2025: Panasonic, Match Group, CrowdStrike, among latest to cut jobs

The tech industry is facing significant layoffs in May 2023, with major companies announcing job cuts.
Germany news
fromThe Local Germany
1 month ago

Thousands of Volkswagen workers in Germany agree redundancy payouts

Volkswagen has announced a major overhaul resulting in 20,000 workers agreeing to voluntary redundancies as part of a restructuring effort.
Remote teams
fromEntrepreneur
2 months ago

Walmart Layoffs Impact 1500 US Workers in Tech, Advertising | Entrepreneur

Walmart is laying off 1,500 employees as part of a restructuring effort to meet business priorities.
Artificial intelligence
fromITPro
5 months ago

Salesforce planning more job cuts amid AI hiring push

Salesforce plans to cut 1,000 jobs while hiring for AI-related roles, marking a significant shift in its workforce strategy.
Tech industry
fromFast Company
2 months ago

Tech layoffs update May 2025: Panasonic, Match Group, CrowdStrike, among latest to cut jobs

The tech industry is facing significant layoffs in May 2023, with major companies announcing job cuts.
Germany news
fromThe Local Germany
1 month ago

Thousands of Volkswagen workers in Germany agree redundancy payouts

Volkswagen has announced a major overhaul resulting in 20,000 workers agreeing to voluntary redundancies as part of a restructuring effort.
Remote teams
fromEntrepreneur
2 months ago

Walmart Layoffs Impact 1500 US Workers in Tech, Advertising | Entrepreneur

Walmart is laying off 1,500 employees as part of a restructuring effort to meet business priorities.
Artificial intelligence
fromITPro
5 months ago

Salesforce planning more job cuts amid AI hiring push

Salesforce plans to cut 1,000 jobs while hiring for AI-related roles, marking a significant shift in its workforce strategy.
more#job-cuts
#layoffs
Coffee
fromFast Company
4 months ago

Starbucks 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.
Boston food
fromBoston.com
4 months ago

Mass 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.
Coffee
fromFast Company
4 months ago

Starbucks 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.
Boston food
fromBoston.com
4 months ago

Mass 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.
Media industry
fromEntrepreneur
1 month ago

Disney Is Laying Off Hundreds of Workers Globally | Entrepreneur

Disney is implementing its largest round of layoffs in 10 months, primarily targeting corporate financial operations and entertainment divisions.
European startups
fromFast Company
4 months ago

Why Workday's CEO made a tough layoff decision to invest in AI

Workday CEO Carl Eschenbach faced major layoffs to fund AI investments, highlighting leaders' challenges in tough decisions affecting employees.
more#layoffs
Women in technology
fromTechCrunch
2 months ago

Tinder CEO to step down in July | TechCrunch

Faye Iosotaluno resigns as Tinder CEO, focusing on personal goals and supporting women leaders amid corporate restructuring.
Match Group aims to revitalize Tinder following significant layoffs.
fromVG247
2 months ago

Embracer 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
London startup
fromThe Verge
2 months ago

Lidar maker Luminar lays off more workers following CEO exit

Luminar begins layoffs and restructuring following the resignation of CEO Austin Russell, reflecting ongoing financial struggles.
#openai
Non-profit organizations
fromBusiness Insider
2 months ago

OpenAI 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.
NYC startup
fromThe Verge
4 months ago

OpenAI reshuffles Sam Altman's job once again

OpenAI is reshuffling leadership roles to strengthen operations and research focus amidst recent departures.
Non-profit organizations
fromBusiness Insider
2 months ago

OpenAI 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.
NYC startup
fromThe Verge
4 months ago

OpenAI reshuffles Sam Altman's job once again

OpenAI is reshuffling leadership roles to strengthen operations and research focus amidst recent departures.
more#openai
fromTechCrunch
2 months ago

A comprehensive list of 2025 tech layoffs | TechCrunch

The tech industry is facing ongoing layoffs, with over 150,000 job cuts last year and more than 22,000 in early 2025, indicating a significant and persistent trend.
European startups
Video games
fromwww.theguardian.com
2 months ago

When 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.
European startups
fromBusiness Insider
3 months ago

TikTok is shaking up its e-commerce team as it prepares to launch in a key market

TikTok is restructuring its e-commerce team to enhance oversight from global leaders, particularly from China and Singapore.
US news
fromLos Angeles Times
3 months ago

Steve Kornacki exits MSNBC for new deal with NBC News and NBC Sports

Steve Kornacki expands his role at NBC while exiting MSNBC amid its corporate separation from NBC News.
#leadership
more#leadership
Video games
fromGameSpot
4 months ago

Netflix 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.
Coffee
fromThe Mercury News
4 months ago

Starbucks is cutting some 'less popular' drinks from its menu. Here's what will be removed next week

Starbucks is cutting less popular drinks to streamline its menu and enhance operational efficiency.
Business
fromBusiness Matters
5 months ago

HSBC slashes costs by 8% in $1.5bn drive as it scales back net-zero pledges

HSBC plans an 8% staff cut to save $1.5 billion, with significant implications for UK employees amidst restructuring efforts.
Cars
fromInsideEVs
5 months ago

Honda Still Might Have Saved Nissan

Nissan and Honda's proposed merger failed, highlighting Nissan's need for internal reform.
fromDigiday
5 months ago

Media Buying Briefing: IPG and its many challenges (and opportunities)

Less than two full months into 2025, Interpublic Group is facing unprecedented challenges with unimpressive earnings and significant client losses, impacting its organic revenue.
Marketing
fromwww.nytimes.com
5 months ago

BP to Reset' Strategy After Pressure From Investors, C.E.O. Says

Murray Auchincloss, BP's CEO, has announced a strategic reset focusing on boosting oil and natural gas production while cutting back on low-emission energy technologies.
Digital life
fromMySA
5 months ago

Texas tech giant shuts the door on future hybrid, remote workers

Starting March 3, all hybrid and remote team members who live near a Dell office will work in the office five days a week.
Remote teams
fromTheregister
6 months ago

Intel to spin out Intel Capital this year

Intel’s decision to separate Intel Capital into a standalone fund enables access to broader funding sources, while maintaining its role as an anchor investor.
Venture
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