McDonald's CEO Lays Out Plan To Restructure, Strip Away BureaucracyMcDonald's wants to simplify, simplify, simplify — but also add a bunch of choices for customers to avoid growing stale.
Thousands Of Layoffs Reported For San Jose-Based CiscoCisco says it will lay off up to 6,000 workers, or eight percent of its workforce, as part of a restructuring.
Hewlett-Packard To Slash Up To 16,000 More JobsHewlett-Packard says it is cutting another 11,000 to 16,000 jobs, above a target of 34,000 the company outlined in a multi-year restructuring plan in May 2012.
Levi Strauss Cutting 800 Jobs Levi Strauss & Co. is planning to eliminate about 800 jobs as part of restructuring efforts over the next 12 to 18 months.
Zynga Cutting Jobs, Shuttering Offices In NY, LA, DallasOnline game maker Zynga says it is cutting 520 jobs, about 18 percent of its workforce, and closing some offices.
Gap Announces Management RestructuringGap 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 2,000Hewlett-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 UnitGoogle 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 StructureA 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 ResignsThe 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 StructureCisco is planning more changes as it continues to focus on streamlining operations following several challenging quarters.
Cisco Drops Flip Cam, Cuts 550 JobsCisco Systems Inc. announced Tuesday that it was exiting several consumer businesses, including most notably its Flip Video camera business, and laying off 550 employees.