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Search results for "Restructuring"

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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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