Tag: Restructuring
Deloitte initiates significant restructuring to reduce operational cost
According to the Financial Times report, Deloitte has initiated its most extensive global restructuring in a decade. The move aims to cut costs and...
Twitter enters restructuring mode, focuses on user growth
As Twitter pauses hiring, the micro-blogging platform is reportedly shifting employees away from audio Spaces, Communities and newsletters verticals for areas that "will have the greatest...
Thousands of layoffs are planned as part of Novartis restructuring
Novartis AG has confirmed that it would cut jobs as part of a wide-ranging restructuring aimed at saving $1 billion by 2024.
The Swiss healthcare...
Mahindra & Mahindra fires 300 executives as slowdown stings
Mahindra & Mahindra fires 300 executives as slowdown stings
On a restructuring move, India's automotive giant, Mahindra & Mahindra has fired around 300 management executives...
Wipro restructuring leads to many exits at the top hierarchy
Wipro restructuring leads to many exits at the top hierarchy
Wipro CEO Thierry Delaporte's reorganisation of the company structure has resulted in some 75 senior...
IBM restructuring its sales organization
IBM Simplifies Structure of Sales Team
International Business Machines Corp. said it is restructuring its sales organization, streamlining how it classifies customers.
The new sales structure—which...
Coca-Cola to cut 2,200 jobs globally
Coca-Cola to cut 2,200 jobs globally
According to ABC News, Coca-Cola is cutting approximately 2,200 jobs globally as part of a company reorganization plan.
Some 1,200...
ZEE announces strategic restructuring of the organization
ZEE Entertainment Announces Strategic Restructuring of the Organization
Zee Entertainment Enterprises Ltd. (ZEE), a leading global content company, has announced a strategic restructuring of the...
VMware to layoff 200 employees in India
VMware, Inc. a software company to layoff 200 employees in India
VMware, Inc., an American publicly traded software company has let go of nearly 200 employees...
How Spicejet has prepared its people for New Normal
In Conversation with Surajit Banerjee Sr Vice President and Head – HR, Spicejet Limited
Surajit is a senior HR veteran with over 3 decades of...