restructuring Archives

CEO of EA Declares New Battlefield Installment as a Pinnacle Project within Company’s Portfolio

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1 month ago
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During EA’s Q2 2024 earnings call, CEO Andrew Wilson discussed the new installment of the Battlefield game series, describing it as one of the most ambitious projects in the company’s...

Ethereal Ventures: Humble Bundle’s Distribution of Indie Games Leads to Mass Employee Layoffs

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2 months ago
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Amid the tumultuous landscape of indie game distribution, Humble Games, a subsidiary of Humble Bundle, has announced a “restructuring” of the company amidst reports of laying off all 36 employees....

Intuit Announces 1,800 Layoffs with Plans to Fill 1,800 New Positions Equivalently

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2 months ago
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Intuit, a financial and tax software company (including Turbotax, Quickbooks, Creditkarma, and Mailchimp acquired in 2021), has announced the layoff of 1,800 employees, which accounts for 10% of its workforce....

EA Releases 5% of Employees, 670 Individuals Let Go as Certain Studios Are Shut Down, Shifts Focus Towards Strengthening In-House Gaming Brands

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6 months ago
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Electronic Arts has announced the termination of 5% of their workforce, equivalent to around 670 employees, and the cancellation of certain in-development game projects. They are shifting their focus towards...

Cancellation of 29 Games and Closure of 7 Studios: Embracer Takes Decisive Action

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7 months ago
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At the recent corporate briefing, Embracer Group revealed that they have a total of 124 games in development, down from the previous 153 games (29 games lost) within a six-month...

Termination Announcement: DocuSign Implements Workforce Reduction Affecting 6% of its Personnel Pool

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7 months ago
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DocuSign, a prominent provider of digital signature systems, has announced the termination of 6% of its workforce, which amounts to approximately 440 positions. The majority of the affected employees come...

Employing Varied Verbiage for Verve: DocuSign Unveils Staff Termination Initiative, Impacting a Modest Margin of 6% Amongst its Entire Workforce.

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7 months ago
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DocuSign, a provider of digital signature systems, has announced a 6% reduction in workforce. This amounts to approximately 440 positions, with the majority coming from the sales and marketing departments....

Salesforce’s Upcoming Workforce Disengagement Discarding Unverified Personnel, Approximating a Staggering 700 Vacancies

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7 months ago
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This information is not official. According to The Wall Street Journal, Salesforce reportedly plans to lay off approximately 700 employees, which accounts for about 1% of its total workforce. This...

Restructuring Alphabet’s Organizational Framework and Unleashing Multitudinous Staff: X Lab’s Moonshot Initiative

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8 months ago
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A recent report states that X Lab, the moonshot unit developing new technologies for Alphabet, Google’s parent company, has announced internal restructuring. This move aims to enable various projects to...

AI-Infused Hardware Synergistically Unleashes a Paradigm-Shifting Workforce, as an Exemplary CTO Transitions Seamlessly into an Advisory Role

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8 months ago
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Humane, the AI wearable device developer behind the groundbreaking AI Pin, which was announced late last year but has yet to be delivered, recently announced the layoff of 10 employees,...