Restructuring
Gap Announces Management Restructuring
Gap has announced a management overhaul aimed at enabling the retailer to respond more quickly to customers’ needs across the globe.
Hewlett-Packard Expands Job Cuts By 2,000
Hewlett-Packard is planning to cut about 2,000 more jobs than it had previously announced, as CEO Meg Whitman tries to turn the company around.
Google To Cut 4,000 Jobs At Motorola Mobility Unit
Google is cutting about 4,000 jobs at its Motorola Mobility wireless phone business and will close or consolidate about one-third of Motorola’s 90 locations.
Yahoo CEO Thompson Outlines New Corporate Structure
A week after announcing a painful round of job cuts, Yahoo CEO Scott Thompson unveiled a plan Tuesday that will reorganize the company into three main divisions focused on users, advertisers and technology.
CEO Of Bankrupt Solar Firm Solyndra Resigns
The chief executive of Fremont solar company Solyndra, whose bankruptcy led to a Congressional investigation of federal energy loan guarantees, has resigned.
Cisco To Streamline Its Business Structure
Cisco is planning more changes as it continues to focus on streamlining operations following several challenging quarters.
Cisco Drops Flip Cam, Cuts 550 Jobs
Cisco Systems Inc. announced Tuesday that it was exiting several consumer businesses, including most notably its Flip Video camera business, and laying off 550 employees.
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