Neowin News Feed for: Restructuring

Snap cuts 16% workforce as it aggressively doubles down on AI

Karthik Mudaliar — Wed, 15 Apr 2026 11:49:43 +0000

Snap has announced its biggest restructuring in years, axing 1,000 employees and killing 300 open roles, as AI-powered small teams are already driving major results internally. Read more...

Meta is laying off employees once again, including those from WhatsApp, Instagram, and more

Karthik Mudaliar — Thu, 17 Oct 2024 05:38:01 +0000

Meta's latest layoffs impact employees from WhatsApp, Instagram, and Reality Labs, while the company is trying to reorganize itself and become a leaner org. Read more...

SAP announces major workforce restructuring plan with focus on AI

Karthik Mudaliar — Wed, 24 Jan 2024 16:08:01 +0000

SAP is planning to restructure more than 8,000 jobs internally and is focusing to invest heavily on AI tools and technology in an attempt to automate its processes and prioritize AI-driven growth. Read more...

Microsoft announces major changes in leadership; Terry Myerson is stepping down

Usama Jawad — Thu, 29 Mar 2018 15:32:01 +0000

Terry Myerson is stepping down from his position as EVP of the Windows and Devices Group. Rajesh Jha, Harry Shum, and Scott Guthrie will be leading teams focused on accelerating AI and cloud efforts. Read more...

Microsoft is cutting up to 3,000 more jobs, as it restructures its global sales force

Andy Weir — Thu, 06 Jul 2017 16:28:16 +0000

Rumors of massive job losses at Microsoft have been proved accurate, as the company has confirmed that it will cut up to 3,000 staff from its global workforce, as it focuses more heavily on the cloud. Read more...

Microsoft reportedly laying off more employees

Gurkaran Singh — Sun, 22 Jan 2017 01:36:01 +0000

The Redmond giant, which employs almost 120,000 people is about to let go of 700 employees. The company's latest round of layoffs seems to be part of the job cuts it announced back in July. Read more...

HP will fire 4,000 employees over the next three years

Vlad Dudau — Fri, 14 Oct 2016 12:18:01 +0000

HP has announced that up to 4,000 of its employees will be losing their jobs over the coming years, as part of the company's efforts to lower costs and remain competitive in the market. Read more...

Microsoft is cutting another 2,850 jobs, as Phone Hardware Restructuring Plan continues

Andy Weir — Fri, 29 Jul 2016 13:16:01 +0000

Microsoft cut 19,000 jobs in its 2015 fiscal year, and 7,400 in FY2016. Having announced an additional 1,850 lay-offs in May, it now says that a further 2,850 jobs will go over the next twelve months. Read more...

Microsoft restructures its phone business again, cuts up to 1,850 jobs, writes off $950m

Vlad Dudau — Wed, 25 May 2016 09:46:01 +0000

Microsoft has confirmed that a large number of employees will lose their jobs as the company further scales back its efforts in the mobile space, and it will also take a $950m 'impairment' charge. Read more...

Jolla will "temporarily layoff a big part of its personnel", files for debt restructuring

Timi Cantisano — Fri, 20 Nov 2015 16:56:01 +0000

It looks like Jolla may be in a bit of trouble as it has announced plans to enter a debt restructuring program in Finland. If this wasn't enough, Jolla has also announced "temporary layoffs". Read more...

Microsoft announces changes to its financial reporting structure

Shreyas Gandhe — Wed, 30 Sep 2015 01:12:01 +0000

Microsoft has once again announced the restructuring of its business units, bringing the number of divisions down to three from the earlier five for the purpose of reporting financials. Read more...

BlackBerry: Our restructuring is over - now we're hiring

Andy Weir — Tue, 05 Aug 2014 06:59:00 +0000

BlackBerry CEO John Chen has said that the company's three-year restructuring - which has seen its workforce reduced by 60% to just 7,000 - is now over, and BlackBerry will soon begin hiring again. Read more...

Microsoft may soon announce its largest workforce reduction ever

Anthony Tosie — Tue, 15 Jul 2014 13:23:22 +0000

Microsoft may announce significant reductions in its workforce as early as this week, potentially topping 2009's 5,800 layoffs; its Nokia acquisition is believed to be a primary reason for the cuts. Read more...

Ballmer departure reportedly more sudden than Microsoft stated

Anthony Tosie — Mon, 26 Aug 2013 06:28:56 +0000

A report claims Steve Ballmer's departure from Microsoft was sped up because of internal conflicts at the company as well as external views of the chief executive's leadership. Read more...

Report: Microsoft post-reorganization leadership revealed

Anthony Tosie — Wed, 03 Jul 2013 14:18:46 +0000

Microsoft is expected to announce the new division heads of its reorganization as early as next week, according to a new report. Several current executives will see expanded roles in the company. Read more...

Microsoft reportedly nearing restructuring

Anthony Tosie — Sun, 23 Jun 2013 19:19:58 +0000

Microsoft is reportedly nearing a restructuring effort led by CEO Steve Ballmer, which will likely see several key executives at the company moving to new, expanded roles. Read more...

Nokia slashes another 1000 jobs in Finland

Vlad Dudau — Thu, 17 Jan 2013 15:20:44 +0000

Preliminary financial reports indicate Nokia has started to slowly recover but the Finnish company will be slashing another 1000 jobs, mostly in Finland, in an effort to get back to profitability. Read more...

HP reported to be cutting up to 25,000 jobs

John Callaham — Thu, 17 May 2012 18:20:05 +0000

HP is rumored to be considering a move that could cause as many as 25,000 of its employees to be laid off, or about eight percent of its total workforce, including some early retirement packages. Read more...

Yahoo CEO: We've “been doing way too much”

Andy Weir — Thu, 19 Apr 2012 13:29:26 +0000

After last month's announcement that it would lay off 2000 workers, Yahoo's CEO has outlined further plans to restructure the company, admitting that it has "been doing way too much" in recent years. Read more...

Sony expected to announce restructuring plan soon

Matthew Hopson — Wed, 21 Jan 2009 10:50:40 +0000

Sony Corp, the maker of Bravia LCD TVs, Cyber-shot cameras and the Playstation game console, is expected to announce a restructuring plan this week, according to the Financial Times. Last month the Japanese company outlined... Read more...

Two executives leave as Dell restructures

Wed, 31 Dec 2008 19:12:51 +0000

Dell's President of Global Operations, Mike Cannon, and Chief of Marketing, Mark Jarvis, are leaving the company less than two years after being brought on by Dell CEO Michael Dell, who returned to the helm... Read more...

Major Restructuring at LucasArts

Fri, 13 Aug 2004 22:46:41 +0000

LucasArts confirmed today a major restructuring of its development studio. It marks the first change within the company since Jim Ward took over as president in May. "Since joining LucasArts in early May, I've taken... Read more...