Verizon Plans 15,000 Job Cuts in Turnaround Strategy
America's largest telecom Verizon plans 10,000-15,000 job cuts next week as new CEO Dan Schulman implements aggressive turnaround strategy. Read exclusive details.
Category : Search result: tech industry restructuring
Biocon Hits 52-Week High on Biologics Restructuring News
Biocon stock jumps over 4% as company reviews Biologics IPO and merger options to unlock shareholder value and reduce debt. Latest market updates and analysis.
Kinara Capital seeks majority stake sale for survival
Debt-laden Kinara Capital is in talks to sell a majority stake to strategic investors. The NBFC aims to raise funds to restart lending and resolve its ₹1,400 crore debt crisis.
Paramount Announces Full Return to Office Policy
Paramount prepares for full office return with temporary remote work from Dec 1 to Jan 2. New RTO policy effective January 5, 2026. Read details about the corporate restructuring.
Vedanta Demerger: NCLT Reserves Order After Govt Objection
NCLT Mumbai reserves order on Vedanta's proposed demerger after Petroleum Ministry raises concerns over financial risks and asset misrepresentation. Key details inside.
600 Paramount Staff Quit Over Return-to-Office Policy
Paramount's strict return-to-office policy leads to 600 employee exits, costing $185 million in severance. Discover how the media giant's post-merger strategy is reshaping Hollywood work culture.
First Brands Seeks New Invoice Financing After Fraud
Bankrupt auto supplier First Brands Group is reviving invoice financing despite previous fraud allegations. Learn how this move could provide cheaper liquidity.
Intel's Survival: Why Breaking Up Might Be Necessary
Intel faces a critical crossroads as competition intensifies. Discover why industry experts believe radical restructuring might be the chipmaker's only path to survival in the AI era.
Imperial College & Emeritus Launch M&A Programme
Imperial College Business School partners with Emeritus to launch cutting-edge M&A and Corporate Restructuring programme for Indian professionals seeking global expertise.
SAS exits China after 25 years, fires 400 over video call
American analytics leader SAS Institute shuts down China operations after quarter-century, terminating hundreds of employees in controversial virtual meeting that sparks outrage.
Tewari Demands Withdrawal of PU Restructuring Notice
Congress MP Manish Tewari challenges Panjab University restructuring directive, demands immediate withdrawal and proper stakeholder consultations in latest education policy clash.
Mahindra sells RBL Bank stake for ₹678 crore
Mahindra Group completes strategic divestment of its entire 3.53% stake in RBL Bank, fetching ₹678 crore in a bulk deal that signals portfolio optimization.
Novo Nordisk Profit Drops 27%, Cuts 9,000 Jobs
Danish pharmaceutical giant Novo Nordisk faces turbulent times as Q3 profits drop 27% despite Ozempic's success. The company announces massive restructuring with 9,000 job cuts worldwide. Get the inside story on what's happening behind the scenes.
Amazon's Brutal Layoff Email: 'No Longer Required To Work'
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.
China Offers AI Computing Power to Global Tech Firms
China extends unprecedented offer to provide computing power for AI development to global tech companies, but with a crucial condition that's raising eyebrows worldwide.
Nvidia, Qualcomm invest $850M in India deep tech
Global tech giants including Nvidia and Qualcomm are pouring $850 million into India's deep tech ecosystem, creating unprecedented opportunities for AI startups and semiconductor innovation.
IBM to Cut Thousands of Jobs in Major Restructuring
IBM becomes the latest tech giant to announce massive workforce reductions, planning to cut thousands of jobs globally as the technology sector's restructuring continues.
IAF Chief: Not Opposed to New Military Structures
In a significant development, IAF Chief Air Chief Marshal VR Chaudhari clarifies the Air Force's position on military restructuring, emphasizing flexibility while addressing integration concerns.
IBM Layoffs: Thousands of Jobs Cut in Tech Restructuring
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
SIT Future Tech Summit 2025: Innovation Celebration Concludes
Symbiosis Institute of Technology Pune successfully hosted the Future Tech Summit 2025, featuring groundbreaking innovations, industry collaborations, and visionary discussions shaping India's technological future.
Panjab University governance changes spark protests
Controversial affidavit proposes sweeping changes to Panjab University's 75-year governance structure, triggering protests from faculty and student bodies who call it an attack on institutional autonomy.
Imperial & Emeritus Launch M&A Programme for Indian Leaders
Imperial Executive Education partners with Emeritus to deliver cutting-edge Mergers & Acquisitions programme, empowering Indian executives with strategic deal-making capabilities for corporate growth.
AI Boom: US Pay Soars, Indian Salaries Drop 40%
The AI revolution is creating unprecedented salary disparities as American tech professionals see massive pay hikes while Indian engineers face a 40% compensation decline. Discover the changing dynamics of global tech employment.
Microsoft CEO: AI Driving Layoffs Despite New Hiring
Microsoft's Satya Nadella confirms AI as key driver behind recent workforce reductions while company continues strategic hiring in artificial intelligence domains.
100K Tech Jobs Axed: Amazon, Microsoft, Intel Cut Staff
Silicon Valley faces unprecedented job cuts as tech giants Amazon, Microsoft, Intel and others eliminate over 100,000 positions in 2025. Get the complete breakdown of which companies are cutting jobs and why.
Jack's Donuts Files for Chapter 11 Bankruptcy
Popular American donut chain Jack's Donuts has filed for Chapter 11 bankruptcy protection. Learn about the financial challenges, store closures, and future plans for this Indiana-based franchise.
India's Military Theaterisation: The Missing 'Why'
An in-depth analysis of India's ambitious military theaterisation plan reveals critical gaps in addressing the fundamental 'why' behind this massive structural overhaul.
Tata Motors Demerger Final: CV Unit Renamed, Listing Soon
Tata Motors completes historic demerger, renaming commercial vehicles business as Tata Motors Ltd with stock exchange listing anticipated before month-end.
Microsoft's Jay Parikh on AI Revolutionizing Tech Industry
Exclusive insights from Microsoft's Jay Parikh on AI's transformative impact, job market evolution, and the future of technology in India and beyond.
Amazon CEO Reveals Real Reason Behind 14,000 Job Cuts
Amazon CEO Andy Jassy explains why the company eliminated 14,000 positions. Discover the truth behind the massive layoffs that's NOT about cost-cutting or AI replacement.
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