Restructure
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After 37 Years At Microsoft, An Xbox Vice President's First LinkedIn Post Is His Layoff Announcement
Xbox veteran Kevin LaChapelle used his first-ever LinkedIn post to share news of his layoff after a 37-year career at Microsoft.
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150 Employees Fired In Surprise 9 PM Teams Call: 'One Meeting And It Was Over'
Techie says their entire engineering team, comprising 150 members, was gutted overnight, without any severance.
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Meta Employee Feels 'Free' After Layoffs, Says Her Soul Was 'Slowly Dying'
Asha Raval, who worked as a product designer at Meta since 2022, said she was feeling 'free' after the recent round of layoffs.
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'Not Expecting More Company-Wide Layoffs This Year,' Meta CEO Tells Staff
He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10 per cent of its workforce globally and transferring 7,000 other employees.
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7,000 Staff To Shift To AI Roles As Meta Cuts Jobs, Revamps Structure: Report
In the memo, Meta Chief People Officer Janelle Gale told employees the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial roles.
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Major US Corporations Cut 25,000 Jobs, Here's Why It's Worrying Everyone
Meta, Microsoft and Nike have collectively announced nearly 25,000 job cuts, raising widespread concern that AI-driven restructuring is accelerating across major corporations.
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Viral X Post Exposes Amazon Layoff's Human Toll: "He Bragged, Now He's Struggling"
The post highlights the cascade of effects that layoffs bring from psychological distress to long-term career disruptions and family financial strain.
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Amid Layoffs, TCS Says Impacted Employees Have Been Given "Care And Support"
Months after Tata Consultancy Services announced that it would reduce its workforce by 2 per cent in its 2026 financial year, the company has said it is providing "care and support" to employees hit by the restructuring.
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KTM Restructuring Plans Officially Approved, Proceedings Conclude Successfully
KTM plans to begin manufacturing operations by the end of July 2025.
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WazirX's Restructuring Scheme Approved by Over 93 Percent Creditors, Refunds to Start Soon
WazirX's proposed restructuring scheme has been approved by majority voters, Zettai announced on Monday, April 7. Zettai stated that 141,476 creditors took part in the voting process out of which 131,659 creditors approved the scheme.
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WazirX Hack: Zettai Requests Court Approval to Present Restructuring Plan for Creditor Vote
Zettai announced that it has filed an application with the court seeking permission to convene a meeting with its creditors. The meeting aims to present a proposed restructuring scheme and secure creditor approval through a vote.
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Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
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Sri Lanka Seeking Reduction Of $17 Billion Debt From Restructuring
Sri Lanka is looking at a reduction of approximately USD 17 billion from its overall debt burden in the ongoing debt restructuring process, Foreign Minister Ali Sabry said.
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BBC India Restructures For New Entity To Comply With Foreign Investment Rules
Four BBC staff members on Tuesday announced plans to leave the organisation and form a new entity in India named Collective Newsroom, which will provide services "as commissioned by the BBC" and in compliance with the country's FDI laws.
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India To Work Closely With Sri Lanka On Debt Restructuring : Union Minister
India on Thursday assured Sri Lanka that it will continue to work very closely with the island nation on debt restructuring discussions and extend support for the economic recovery.
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After 37 Years At Microsoft, An Xbox Vice President's First LinkedIn Post Is His Layoff Announcement
Xbox veteran Kevin LaChapelle used his first-ever LinkedIn post to share news of his layoff after a 37-year career at Microsoft.
-
150 Employees Fired In Surprise 9 PM Teams Call: 'One Meeting And It Was Over'
Techie says their entire engineering team, comprising 150 members, was gutted overnight, without any severance.
-
Meta Employee Feels 'Free' After Layoffs, Says Her Soul Was 'Slowly Dying'
Asha Raval, who worked as a product designer at Meta since 2022, said she was feeling 'free' after the recent round of layoffs.
-
'Not Expecting More Company-Wide Layoffs This Year,' Meta CEO Tells Staff
He made the announcement on the same day the Facebook owner carried out a massive restructuring of the company, laying off 10 per cent of its workforce globally and transferring 7,000 other employees.
-
7,000 Staff To Shift To AI Roles As Meta Cuts Jobs, Revamps Structure: Report
In the memo, Meta Chief People Officer Janelle Gale told employees the company plans to move 7,000 employees to new initiatives related to AI workflows and to eliminate managerial roles.
-
Major US Corporations Cut 25,000 Jobs, Here's Why It's Worrying Everyone
Meta, Microsoft and Nike have collectively announced nearly 25,000 job cuts, raising widespread concern that AI-driven restructuring is accelerating across major corporations.
-
Viral X Post Exposes Amazon Layoff's Human Toll: "He Bragged, Now He's Struggling"
The post highlights the cascade of effects that layoffs bring from psychological distress to long-term career disruptions and family financial strain.
-
Amid Layoffs, TCS Says Impacted Employees Have Been Given "Care And Support"
Months after Tata Consultancy Services announced that it would reduce its workforce by 2 per cent in its 2026 financial year, the company has said it is providing "care and support" to employees hit by the restructuring.
-
KTM Restructuring Plans Officially Approved, Proceedings Conclude Successfully
KTM plans to begin manufacturing operations by the end of July 2025.
-
WazirX's Restructuring Scheme Approved by Over 93 Percent Creditors, Refunds to Start Soon
WazirX's proposed restructuring scheme has been approved by majority voters, Zettai announced on Monday, April 7. Zettai stated that 141,476 creditors took part in the voting process out of which 131,659 creditors approved the scheme.
-
WazirX Hack: Zettai Requests Court Approval to Present Restructuring Plan for Creditor Vote
Zettai announced that it has filed an application with the court seeking permission to convene a meeting with its creditors. The meeting aims to present a proposed restructuring scheme and secure creditor approval through a vote.
-
Meta Lays Off Employees Across Units, At WhatsApp And Instagram: Report
Meta is laying off employees across units including Instagram, WhatsApp and Reality Labs, the Verge reported on Wednesday, citing people familiar with the matter.
-
Sri Lanka Seeking Reduction Of $17 Billion Debt From Restructuring
Sri Lanka is looking at a reduction of approximately USD 17 billion from its overall debt burden in the ongoing debt restructuring process, Foreign Minister Ali Sabry said.
-
BBC India Restructures For New Entity To Comply With Foreign Investment Rules
Four BBC staff members on Tuesday announced plans to leave the organisation and form a new entity in India named Collective Newsroom, which will provide services "as commissioned by the BBC" and in compliance with the country's FDI laws.
-
India To Work Closely With Sri Lanka On Debt Restructuring : Union Minister
India on Thursday assured Sri Lanka that it will continue to work very closely with the island nation on debt restructuring discussions and extend support for the economic recovery.
