Himachal Congress to be reconstituted in 3 months
Himachal Pradesh Congress chief Vinay Kumar announces a major organizational overhaul within three months, pledging to address senior leaders' concerns for party unity. Read the full story.
Category : Search result: IBM restructuring
Canacol Energy in Debt Talks as Cash Reserves Dwindle
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
Pakistan's Asim Munir Appointed First Chief of Defence Forces
Pakistan's defence ministry officially appoints Field Marshal Asim Munir as the country's first Chief of Defence Forces, marking a major military restructuring. Read about the implications.
IBM CEO: AI Not Main Cause of Tech Layoffs, It's a Correction
IBM CEO Arvind Krishna refutes AI as primary cause of tech layoffs, calling it a 'natural correction' post-pandemic over-hiring. He projects up to 10% AI-led job displacement, but sees long-term hiring growth. Read more.
Nilgiris Panchayats Rise to 96 from 35 for Efficiency
The Nilgiris district has restructured its local governance, increasing grama panchayats from 35 to 96. This move, based on a 2019 proposal, aims to improve administrative access in hilly terrain. Read the full details.
Russian Railways Debt Restructuring Talks: VTB's Key Role
VTB, the largest creditor of Russian Railways, reveals banks are ready to restructure its 4 trillion rouble debt, but only if the central bank does not hike reserve requirements. Debt-to-equity conversion is off the table. Explore the financial challenges
MTV Music Channels Shut Down Globally
MTV's international music channels are closing worldwide by year-end, marking the final chapter for the network that revolutionized pop culture. Discover why digital platforms killed the radio star.
IBM's $500M Fund Bets on AI Startups as First Client
IBM Ventures chief Emily Fontaine reveals how the $500M fund invests in AI and quantum startups, using IBM as first customer. Discover the strategy saving billions.
Altice Moves Key Assets Beyond Creditors' Reach
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
IBM Engineer Found Dead in Agra Home, Police Probe
A 45-year-old IBM software engineer was found dead with bullet injuries at his Agra residence. Police investigate whether it was accidental firing during rifle cleaning or suspected suicide. Details inside.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP Cuts 6,000 Jobs, Apple Reduces Sales Staff
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP to Cut 6,000 Jobs, Save $1B Annually with AI
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
Apple cuts sales jobs in rare workforce reduction
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
Congress Restructures Party Committees in Tamil Nadu
AICC observer T Bellaiah Naik announces Congress party restructuring in Namakkal districts to strengthen organization horizontally and vertically across India.
Bengaluru Governance Committee Studies GBA Expansion Areas
Restructuring committee head B S Patil reveals study of new areas for Greater Bengaluru limits. Learn about the implementation progress and future plans for Bengaluru's governance transformation.
CBS Cancels 'Saturday Morning' After 28 Years
CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.
Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Kirin Leads Bira91 Restructuring Amid Financial Crisis
Japan's Kirin Holdings is leading stakeholder discussions to restructure B9 Beverages, including management changes and business strategy overhaul as Bira91 faces funding crunch.
Private Credit Lenders Take Over 48Forty Solutions
Private credit lenders including Antares Capital, KKR, BlackRock and Carlyle are set to take control of 48Forty Solutions in a debt-for-equity swap that will remove $1 billion from the company's balance sheet. Learn how this restructuring will reshape the
Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Greater Bengaluru: 5 Corporations, 369 Wards Approved
Karnataka cabinet approves BBMP restructuring into 5 municipal corporations with 369 wards. Major administrative overhaul for Bengaluru's urban governance. Read details.
India Plans Autonomous Aviation Regulator Like SEBI, TRAI
India initiates major aviation safety reform by restructuring DGCA into an autonomous Civil Aviation Authority with funding powers and enhanced consumer protection mechanisms.
US Education Dept Restructured: Key Programs Moved
Major US education programs are being shifted from the Department of Education to other federal agencies. This quiet restructuring could reshape support for millions of American students. Learn the impacts now.
TVS Supply Chain Targets 4% Margin After Global Reset
TVS Supply Chain Solutions completes global restructuring, aims for 4% profit margin by FY27 through cost savings and high-margin business expansion. Read full analysis.
Target cuts 2025 profit forecast, shares fall
Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.
US Education Dept Transfers 6 Major Programs to Other Agencies
US Department of Education initiates major restructuring, transferring 6 key grant programs to other departments. Historic move signals potential dismantling of federal education agency.
India's Semiconductor Strategy Requires Ecosystem Support
IBM's Rakhee Chachra emphasizes that India's semiconductor mission needs complete ecosystem development beyond manufacturing to succeed. Learn what's required for global competitiveness.
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