Amid restructuring, Alibaba shutters Jack Ma's Luohan Academy, despite his 300-year dream. Key research, like ESG, will continue internally. A sign of changing times for the tech giant.
#Alibaba #Tech #Restructuring

Intel CEO Lip-Bu Tan Mandates Sweeping Overhaul, Confirms Job Cuts Amid Financial Pressure

#Intel #Layoffs #Restructuring #LipBuTan #Semiconductors #ChipIndustry #TechNews #Earnings #IntelFoundry #18A #TechLayoffs

https://winbuzzer.com/2025/04/25/intel-ceo-lip-bu-tan-mandates-sweeping-overhaul-confirms-job-cuts-amid-financial-pressure-xcxwbn/

Intel reported a $800 million loss in Q1 and plans to reduce operational expenses by cutting management layers and focusing on AI. CEO Lip-Bu Tan is restructuring the company for efficiency, promoting key leaders, and targeting a $17 billion operational budget in 2025, down from $17.5 billion.

#Intel #QuarterEarnings #Restructuring #AI #TechNews #LipBuTan #CompanyRestructure #TECHi

Read Full Article Here :- https://www.techi.com/intel-reduce-operational-capital-expenses-first-quarter-earning/

Intel CEO Lip-Bu Tan unveils bold changes: refocusing on engineering excellence, cutting over 20% of workforce and bureaucracy, and implementing a 4-day in-office policy to drive innovation. Major #restructuring for #Intel’s future. #Leadership #Semiconductors #TechNews #RTO #AI

Report: Intel to Cut Workforce by More than 20% This Week

#Intel #Layoffs #TechLayoffs #Semiconductors #ChipIndustry #Restructuring #LipBuTan #CEO #IntelFoundry #BigTech

https://winbuzzer.com/2025/04/23/report-intel-to-cut-workforce-by-more-than-20-this-week-xcxwbn/

Restructuring Announcement

https://automattic.com/2025/04/02/restructuring-announcement/

"I classify about 1/3 of the 494 restructures that I can document between 2018 and 2021 as “utilitarian”.... Utilitarian narratives – even for the outside reader - make clear connections between some kind of impulse and the planned structural changes.
...
But as I said, these are about a third of the lot – not nothing, but not the majority."

#NZPol #Management #Restructuring

https://fishhooks.substack.com/p/managing-is-hard-restructuring-is

BREAKING: The Department of Justice *still* wants #Google to sell #Chrome — because apparently, removing a core product is the hottest new trend in #corporate restructuring! Meanwhile, Google's response has been a deafening "LOL" as they continue to swim in their money pool like a modern-day #Scrooge #McDuck.
https://www.wired.com/story/the-doj-still-wants-google-to-divest-chrome/ #DOJ #restructuring #tech #news #HackerNews #ngated

Military planners map out restructuring the Canadian Army, says top soldier
Canadian military planners are laying the groundwork for a restructuring of the army in the face of demands for more troops and equipment both at home and overseas.
#military #planning #army #restructuring #Canada #News
https://www.cbc.ca/news/politics/canada-army-restructuring-latvia-1.7476793?cmp=rss

Sonos is laying off 200 employees (12% of its staff) as part of a restructuring to create 'flatter, smaller, and more focused' product teams. #Sonos #Layoffs #TechNews #Restructuring #BusinessNews #WorkplaceChanges #CompanyReorganization

Rocky Mountain Files to Restructure in Attempt to Avoid Bankruptcy - Pinkbike https://www.pinkbike.com/news/rocky-mountain-files-to-restructure-in-attempt-to-avoid-bankruptcy.html

Good lucky Rocky Mountain! I just bought my first a few weeks ago, and am already finding out that these are sweet bikes, well thought out and well built, plus nice to ride!

In the midst of restructuring, Guardian Healthcare hit by ransomware attack:

https://databreaches.net/2024/11/08/in-the-midst-of-restructuring-guardian-healthcare-hit-by-ransomware-attack/

#databreach #ransomware #healthsec #restructuring #M&A

Maybe we should stop "restructuring" if it's causing so many job losses.

Rime developer Tequila Works lays off staff as part of studio restructure

https://www.eurogamer.net/rime-developer-tequila-works-lays-off-staff-as-part-of-studio-restructure

Heads up for #ThingUmbrella users: Always looking to improve the overall experience, I've taken some of the recent (but not new) criticism about some package sizes/scopes to heart and started splitting up some of these larger packages, starting with https://thi.ng/associative. This will mean the addition of some new smaller & more focused packages, and unfortunately, also means some upcoming breaking changes (ONLY in terms of updating imports, no API changes are part of this refactoring/restructing!)

You can read more about it all (and also follow along) in this issue:
https://github.com/thi-ng/umbrella/issues/486

Please do get in touch (via this same issue, please) if you have opinions/views about other candidates which would benefit from a similar splitting!

Lightricks Lays Off 70 Employees to Shift Focus to AI-Based Tools and Features.

See here - https://techchilli.com/news/lightricks-lays-off-70-employees-to-shift-focus-to-ai-based-tools-and-features/

Keytruda strikes out again in endometrial cancer with phase III flop—Novo inks $600M deal with Metaphore to develop next-gen obesity drugs —Takeda Pharma to restructure after annual profit slump --http://bit.ly/w28kSd #merck #keytruda #endometrialcancer #clinicaltrials #novonordisk #obesity #drugdevelopment #takeda #restructuring #pharma #pharmanews #biotech #biopharma #biotechnology #cafepharma

Galderma sets IPO price at top of range—Merck combination treatment for lung cancer fails late-stage study—With executive shakeup and new pharma unit, Bayer's overhaul takes shape--http://bit.ly/w28kSd #ipos #galderma #merck #lungcancer #keytruda #clinicaltrials #bayer #restructuring #pharma #pharmanews #biotech #biopharma #biotechnology #cafepharma