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Search results for "Restructuring"

12 results found

Ubisoft Proposes German Studio Workforce Reduction Amidst
Games
Oct 15, 2026GamesIndustry.biz

Ubisoft Proposes German Studio Workforce Reduction Amidst

Ubisoft is planning a voluntary departure program for about 100 employees across its Düsseldorf, Berlin, and Mainz studios in Germany. This move is part of a larger, ongoing cost-reduction and restructuring effort by the publisher, aiming to better position its studios for future projects.

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Sony Passes VR Torch: Meta Snaps Up Over 400 Patents in Major Shake-Up
Games
Oct 9, 2026GamesIndustry.biz

Sony Passes VR Torch: Meta Snaps Up Over 400 Patents in Major Shake-Up

Sony has agreed to transfer over 400 global VR patents, including for AR and MR, to Meta following a December 2025 agreement. This move signals a potential wind-down of Sony's VR hardware efforts, while strengthening Meta's position despite their Reality Labs division facing massive losses and recent restructuring. The transfer will reshape the future of immersive tech.

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startups: Apple’s new CEO cuts managers to ship products faster
Tech
Sep 29, 2026The Next Web

startups: Apple’s new CEO cuts managers to ship products faster

Apple's new CEO, John Ternus, is rapidly overhauling the company's structure by cutting management layers and budgets to accelerate product development, Bloomberg reports. Weeks after taking over from Tim Cook, Ternus seeks a leaner organization, greater agility in launches, and a more experimental approach to AI. A plan to replace 5,000 AppleCare staff with AI is currently on hold.

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Xbox Shake-Up: Microsoft's Latest Cuts Hit Game Dev Hard, Halo Shifts
Games
Sep 25, 2026GeekWire

Xbox Shake-Up: Microsoft's Latest Cuts Hit Game Dev Hard, Halo Shifts

Microsoft has cut 277 jobs in Washington, with artists, game designers, and producers heavily impacted. This is part of a broader Xbox restructuring aiming for "growth and profitability." Notably, the next Halo game's development is shifting to Activision.

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Starbucks Slashes 224 More Seattle Jobs, Including Tech Roles
Tech
Aug 22, 2026GeekWire

Starbucks Slashes 224 More Seattle Jobs, Including Tech Roles

Starbucks has cut an additional 224 jobs at its Seattle headquarters, impacting tech and store development roles, as its corporate restructuring nears completion. These cuts bring the total Seattle reductions to 537 this year, part of CEO Brian Niccol's broader turnaround strategy aiming for $2 billion in cost savings.

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VW Group's Restructuring Plan: A Bold Strategy, But Not Yet Road-Ready
Review
Jul 11, 2026Ars Technica

VW Group's Restructuring Plan: A Bold Strategy, But Not Yet Road-Ready

VW Group's Restructuring Plan: A Bold Strategy, But Not Yet Road-Ready Quick Verdict Volkswagen Group's latest attempt to streamline its vast automotive empire, presenting a restructuring plan to its supervisory board,

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GM just laid off hundreds of IT workers to hire those with stronger
Tech
May 12, 2026TechCrunch AI

GM just laid off hundreds of IT workers to hire those with stronger

General Motors has laid off approximately 600 salaried IT employees, over 10% of its IT department, in a strategic move to pivot towards AI-focused talent. The automaker is replacing traditional roles with experts in AI-native development, data engineering, and cloud technologies, signaling a fundamental workforce restructuring for future AI adoption.

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Porsche Halts E-Bike, Battery, Software Ventures in Major Overhaul
Tech
May 8, 2026TechCrunch

Porsche Halts E-Bike, Battery, Software Ventures in Major Overhaul

Porsche is closing three subsidiaries—Cellforce Group (battery R&D), Porsche eBike Performance, and Cetitec (software)—affecting over 500 jobs. This strategic overhaul, driven by CEO Michael Leiters, aims to refocus on core business amidst declining sales and profits, particularly in key markets like China and North America.

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Qualtrics CEO Ousts Five Senior Execs in Swift Leadership Revamp
Tech
Apr 25, 2026GeekWire

Qualtrics CEO Ousts Five Senior Execs in Swift Leadership Revamp

Qualtrics CEO Jason Maynard has initiated a major leadership shake-up, announcing the departure of five senior executives less than three months into his role. The restructuring, outlined in an internal memo, aims to simplify operations, accelerate growth, and enhance the company's focus on AI innovation and customer outcomes. This significant overhaul impacts key business, engineering, IT, and marketing teams.

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startups: Meta targets 20 May for 8,000 layoffs as it redirects
Tech
Apr 19, 2026The Next Web

startups: Meta targets 20 May for 8,000 layoffs as it redirects

Meta Platforms is set to commence a significant company-wide restructuring on May 20, initiating layoffs that will impact approximately 8,000 employees, representing 10% of its global workforce. This substantial

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Meta Sheds 168 Washington State Jobs Amidst Ongoing Restructuring
Tech
Apr 1, 2026GeekWire

Meta Sheds 168 Washington State Jobs Amidst Ongoing Restructuring

Meta is cutting 168 positions in Washington state, predominantly impacting its Reality Labs division across Seattle, Redmond, and Bellevue. These layoffs, effective May 8, are part of a broader company-wide restructuring and follow previous reductions as Meta emphasizes efficiency and AI integration.

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Ubisoft lays off 40 staff; Splinter Cell remake development continues
Gadgets
Feb 21, 2026Engadget

Ubisoft lays off 40 staff; Splinter Cell remake development continues

Ubisoft has laid off approximately 40 staff at its Toronto studio, impacting individuals working on the *Splinter Cell remake*. The company confirms the game remains in development, despite the cuts. These layoffs are part of a broader organizational restructuring following other studio reductions and a recent employee strike.

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