Lou Gerstner, IBM's Turnaround CEO, Dies at 83
Lou Gerstner, the visionary leader who saved IBM from collapse in the 1990s, has passed away. His strategy of unity and customer focus offers crucial lessons for the AI era. Read his remarkable story.
Category : Search result: IBM restructuring
Melinda French Gates on calling Microsoft 'little company'
In a 2025 interview, Melinda French Gates recalled calling Microsoft a 'little company' before joining. She worked there for 9 years, becoming a GM and amassing a $17.4B fortune. Read her career advice.
IBM Manager's Unusual Advice That Shaped Melinda French Gates' Fortune
Discover how a pivotal piece of career advice from an IBM hiring manager redirected Melinda French Gates to Microsoft, setting her on the path to becoming one of America's wealthiest women.
Ex-Google CEO Eric Schmidt Honors Late IBM Legend Louis Gerstner
Former Google CEO Eric Schmidt honors Louis Gerstner, the ex-IBM Chairman who led a historic turnaround. Learn about his legacy and impact on the tech world.
Former IBM Chairman & CEO Louis Gerstner Passes Away at 83
Louis Gerstner, the former IBM CEO credited with saving the tech giant from collapse in the 1990s, has died at 83. Read about his legacy and impact.
Hurts & Burrows Net Worth: NFL vs Tech Earnings
Explore the contrasting financial journeys of NFL star Jalen Hurts and AI expert Bry Burrows. Discover how sports contracts and tech careers build wealth. Read their success stories now!
AI Drives Major Tech Layoffs in 2025, Indian IT Impacted
In 2025, AI became a primary driver of tech layoffs, with over 55,000 US jobs cut. Amazon, Microsoft, IBM, and Indian IT firms like TCS saw significant workforce reductions. Explore the data and impact.
IBM to train 5M Indians in AI, cybersecurity by 2030
IBM announces a major initiative to equip 5 million young Indians with skills in AI, cybersecurity, and quantum computing by 2030 through its SkillsBuild platform. Discover how this partnership with AICTE will shape India's tech future.
IBM & Walmart Ink Large Office Lease Deals in Bengaluru
IBM India and Walmart's tech arm lease over 2.6 lakh sq ft in Bengaluru, signaling strong GCC expansion. IBM's ₹145 crore deal & Walmart's new hub boost city's real estate. Read more.
China's anti-pollution steps shared as Delhi air quality dips
As Delhi's air turns hazardous, the Chinese Embassy outlines its successful pollution control strategy. Learn the key steps on vehicle emissions and industrial reform.
Vedanta's Five-Way Split Approved by NCLT
NCLT approves Vedanta's demerger into 5 listed firms. Get the latest on the timeline, debt allocation of ₹66,000 crore, and what it means for investors. Key milestone for Anil Agarwal.
PM Modi's Ethiopia Visit Yields 8 Major Outcomes
PM Modi's historic Ethiopia visit elevated ties to a Strategic Partnership, secured a G20 debt restructuring deal, and boosted cooperation in health, education & AI. Explore the 8 key outcomes.
Jalen Hurts' Wife Bry Burrows: AI Career & $56M Net Worth
Discover how Philadelphia Eagles QB Jalen Hurts and his wife, IBM AI expert Bry Burrows, built a combined net worth of $56 million. Explore their love story and her tech career.
Himachal Congress to be reconstituted in 3 months
Himachal Pradesh Congress chief Vinay Kumar announces a major organizational overhaul within three months, pledging to address senior leaders' concerns for party unity. Read the full story.
Canacol Energy in Debt Talks as Cash Reserves Dwindle
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
Pakistan's Asim Munir Appointed First Chief of Defence Forces
Pakistan's defence ministry officially appoints Field Marshal Asim Munir as the country's first Chief of Defence Forces, marking a major military restructuring. Read about the implications.
IBM CEO: AI Not Main Cause of Tech Layoffs, It's a Correction
IBM CEO Arvind Krishna refutes AI as primary cause of tech layoffs, calling it a 'natural correction' post-pandemic over-hiring. He projects up to 10% AI-led job displacement, but sees long-term hiring growth. Read more.
Nilgiris Panchayats Rise to 96 from 35 for Efficiency
The Nilgiris district has restructured its local governance, increasing grama panchayats from 35 to 96. This move, based on a 2019 proposal, aims to improve administrative access in hilly terrain. Read the full details.
Russian Railways Debt Restructuring Talks: VTB's Key Role
VTB, the largest creditor of Russian Railways, reveals banks are ready to restructure its 4 trillion rouble debt, but only if the central bank does not hike reserve requirements. Debt-to-equity conversion is off the table. Explore the financial challenges
MTV Music Channels Shut Down Globally
MTV's international music channels are closing worldwide by year-end, marking the final chapter for the network that revolutionized pop culture. Discover why digital platforms killed the radio star.
IBM's $500M Fund Bets on AI Startups as First Client
IBM Ventures chief Emily Fontaine reveals how the $500M fund invests in AI and quantum startups, using IBM as first customer. Discover the strategy saving billions.
Altice Moves Key Assets Beyond Creditors' Reach
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
IBM Engineer Found Dead in Agra Home, Police Probe
A 45-year-old IBM software engineer was found dead with bullet injuries at his Agra residence. Police investigate whether it was accidental firing during rifle cleaning or suspected suicide. Details inside.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP Cuts 6,000 Jobs, Apple Reduces Sales Staff
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP to Cut 6,000 Jobs, Save $1B Annually with AI
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
Apple cuts sales jobs in rare workforce reduction
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
Congress Restructures Party Committees in Tamil Nadu
AICC observer T Bellaiah Naik announces Congress party restructuring in Namakkal districts to strengthen organization horizontally and vertically across India.
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