Global shipping giant, UPS is undergoing a major restructuring as it plans to eliminate 20,000 jobs and close 73 facilities…
Browsing: restructuring plans
With an aim to simplify operations and integrate AI, Dell has initiated a significant internal restructuring this week. The overhaul…
Quick commerce app, Zepto is relocating its headquarters from Powai, Mumbai, to Sarjapur, Bengaluru, as reported by Moneycontrol. This move,…
Bayer AG, the pharmaceutical giant, has decided to reduce its team size by about 1500 positions. The news came after…
In a bid to streamline operations and cut costs, Converse, under its parent company Nike, is trimming its workforce. The…
IBM, the tech giant, is undergoing significant internal restructuring, as revealed in its recent quarterly conference call with Wall Street…
Spotify, the music-streaming platform, made headlines last December when it executed its largest ever round of layoffs under the leadership…
TikTok, the video-streaming platform, has announced to let go of over 250 employees in Ireland today, 12 April, 2024. This…
Fisker, the electric vehicle (EV) startup, announced a workforce reduction of at least 15 per cent, citing insufficient resources to…
In a move to enhance operational efficiency, Bumble has unveiled its recent restructuring plan. The company has announced to cut…
Seattle-based online travel giant, Expedia Group, is streamlining its operations by reducing its workforce by approximately 9 per cent, impacting…
Today, that is, 26 February, 2024, Disney officials announced a second round of layoffs as part of their ongoing cost-cutting…