…the restructuring would "enable me to focus all my energy on our Superintelligence efforts," and that Microsoft has "an incredible opportunity to redefine" itself for "this agentic revolution." Another restructure at Microsoft…
…However, while the number of employees affected is currently unknown, sources familiar with the restructuring tell Kotaku that roughly 170 members at the studio have been affected by the layoffs, bringing the…
…company initiated a restructuring program after a $2 billion investment from Saudi Arabia's Savvy Games Group did not materialize. This led to thousands of layoffs, project cancellations, and the closure of…
…Haq spent five years at Cruise — the self-driving vehicle company acquired and later shuttered by GM — as its head of AI and robotics. For the industry, GM’s restructuring is a…
…These numbers range from October to December and summarize the fiscal year. Expand Expanding Close Alphabet restructuring X to allow for outside funding, results in layoffs Abner Li Jan 22 2024 - 9…
…At the beginning of this year, it announced an enormous "restructuring" effort featuring cancellations, layoffs and, yes, generative AI, and all that following some rather dire preceding years . Via " voluntary " reductions and…
…OnePlus Europe is evaluating its regional roadmap and product strategy. All users’ after-sales support, software updates, and rights commitments are fully guaranteed. While that does not flatly confirm layoffs or restructuring…
…The expected outcome, Guillemot says, is for free cash flow to turn positive in FY2027-28, and reach a "robust level" in FY2028-29. Since Ubisoft's massive restructure announcement, the company…
…A few months ago, the company announced a major restructuring plan that included a large number of layoffs, which are still ongoing. It was also revealed that the company recorded record losses…
…How we work, how we create, how we serve our customers.” Earlier this month, Cisco announced layoffs affecting up to 4,000 people while it reorganised around AI and shifted investment into…
