Verizon cuts 13,000 jobs in major restructuring
Verizon CEO Dan Schulman announces 13,000 job cuts, impacting 13% of its workforce. The telecom giant is restructuring to slash costs and reverse customer losses. Discover the full story.
Category : Search result: media restructuring
Verizon lays off over 13,000 employees
Verizon announces over 13,000 job cuts and store conversions as new CEO Dan Schulman reorients the telecom giant towards customer focus. Discover the full story.
Education Department Loses Key Responsibilities in Shake-Up
The Department for Education faces significant restructuring as multiple responsibilities are reassigned to other government departments. Discover how this overhaul will impact UK education policy.
Poundland saves 6 stores, closes 12 others
Poundland confirms six stores have been saved from closure, while twelve are shutting their doors. Get the full list of locations affected by the retailer's major restructuring plan.
Verizon to cut 15,000 jobs in major restructuring
Verizon announces its largest-ever layoffs, cutting 15,000 jobs and converting corporate stores to franchises. New CEO Dan Schulman aims for a 'leaner, scrappier' business. Read more.
Saks Off Fifth Closing Nine Stores Across US
Saks Off Fifth announces closure of nine US stores including flagship NYC location. Company confirms no bankruptcy filing despite restructuring. Read the full details.
Condé Nast closes Teen Vogue digital in major restructure
Condé Nast announces dramatic closure of Teen Vogue's digital operations amid company-wide restructuring, with Anna Wintour spearheading the strategic overhaul of their youth-focused publications.
BT to cut 55,000 jobs by 2030 in major restructuring
BT Group reveals plans to slash up to 55,000 positions by 2030, including 10,000 roles replaced by AI and automation technologies, as part of its ongoing digital transformation strategy.
BT to cut 55,000 jobs in AI-driven workforce overhaul
Telecoms giant BT reveals plans to slash 55,000 jobs by the end of the decade as artificial intelligence and automation reshape the workforce. The restructuring will reduce BT's total workforce from 130,000 to between 75,000 and 90,000 employees.
Primark Splits from ABF in Corporate Shakeup
Associated British Foods announces historic separation of its fast-fashion giant Primark from its food operations, creating two independent FTSE 100 companies in landmark restructuring.
Deliveroo shuts London operations in major strategy shift
Food delivery giant Deliveroo announces closure of its London operations as part of global restructuring, affecting local restaurants and riders while focusing on international expansion.
Anglo American announces radical restructuring plan
London-based mining conglomerate Anglo American announces radical corporate overhaul, planning to divest its platinum, diamond, and coal businesses while focusing on copper and iron ore operations.
M&S to close 20 stores in major retail shakeup
Marks & Spencer reveals plans to shut 20 stores and relocate 13 others in dramatic restructuring plan affecting multiple UK locations including Birmingham and Liverpool.
AGL Energy axes hundreds of jobs in major restructure
Australian energy giant AGL announces sweeping job cuts affecting hundreds of positions as part of dramatic cost-cutting measures and strategic overhaul.
CBS News lays off eight staff, women hardest hit
Exclusive: CBS News implements significant workforce reductions with eight employees terminated, predominantly affecting female staff members across multiple departments.
Leeds Rhinos CEO Gary Hetherington exits after 27 years
Leeds Rhinos CEO Gary Hetherington is stepping down after nearly three decades in a major club restructuring that sees Gary's wife Kath taking over as interim boss.
CBS News axes Race and Culture Unit in mass layoffs
Exclusive: CBS News dismantles its dedicated Race and Culture division in sweeping layoffs that have left journalists reeling and diversity coverage in question
WPP job cuts as CEO slams 'unacceptable' performance
Global advertising giant WPP faces significant restructuring with thousands of jobs at risk after new CEO Mark Read condemns company's disappointing financial results and pledges radical transformation.
Paramount dismantles CBS News digital anchor teams
Exclusive: Paramount Global makes dramatic cuts to CBS News' digital anchor teams as company pivots towards streaming-first strategy, leaving veteran journalists out in the cold.
CBS News axes jobs in major Paramount restructuring
Exclusive: CBS News announces significant staff reductions as parent company Paramount Global implements sweeping cost-cutting measures across its media empire, affecting multiple departments.
CBS News Announces Dozens of Layoffs in Major Restructuring
CBS News faces significant layoffs affecting dozens of staff across multiple departments as parent company Paramount Global enforces sweeping cost reductions amid industry-wide challenges.
GM cuts 1,300 UK jobs, closes Ellesmere Port plant
General Motors announces devastating cuts with 1,300 positions eliminated and Ellesmere Port factory closure, sending shockwaves through UK automotive sector amid electric vehicle transition.
UPS cuts 250 Wall Street jobs in cost-saving shake-up
Global delivery giant UPS announces sweeping job cuts affecting 250 Wall Street positions as part of dramatic cost-reduction strategy amid economic pressures.
Calls to Split Home Office Into Two Departments
Pressure mounts on the government to dismantle the Home Office, creating separate departments for immigration and national security in what could be the biggest Whitehall restructuring in decades.
OpenAI Shifts to For-Profit in Major Restructure
In a landmark corporate restructuring, OpenAI announces transition to for-profit entity, sparking debate about AI governance and commercial future.
Amazon axes hundreds in tech teams amid AI shift
Amazon confirms major job cuts across AWS and physical stores technology divisions, signalling strategic shift toward AI-driven operations and cost optimisation.
Paramount announces job cuts after Skydance merger
In a dramatic corporate shake-up, Paramount Global confirms significant workforce reductions as new owner Skydance Media implements restructuring plans across the media giant's operations.
CBS News Layoffs Following Paramount-Skydance Merger
Exclusive report reveals sweeping layoffs at CBS News following Paramount's merger with Skydance Media, signalling dramatic restructuring in media landscape.
Amazon plans 30,000 UK job cuts in major restructuring
Amazon announces sweeping workforce reductions affecting up to 30,000 positions across its UK operations, marking one of the largest corporate downsizing efforts in recent British business history.
Amazon Slashes Corporate Jobs in Major Restructuring
Amazon announces significant corporate job cuts across multiple divisions including Alexa and Prime Video, marking another wave of tech industry restructuring affecting UK operations.
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