by stefanie | May 17, 2024 | City News
Toshiba Corp. has announced plans to cut approximately 5,000 jobs as part of its latest restructuring efforts. This workforce reduction represents about 7% of its domestic headcount and is aimed at streamlining operations and improving profitability. The company,...
by stefanie | Nov 23, 2022 | World Focus
HP Inc. reported its fiscal 2022 full year and fourth quarter results with an announcement of its “Future Ready Transformation” plans. HP Inc. and its subsidiaries (HP) announced fiscal 2022 net revenue of $63.0 billion (€61 billion), down 0.8% year-over-year. Fourth...
by stefanie | Feb 12, 2019 | Around the Industry
The OEM’s Australian R&D Centre (CiSRA) has had to make 40 jobs redundant following a “long-term decline”. The jobs jettisoned in its restructuring are in management and technical areas and represent the Centre’s “latest bid for survival”, as iTnews reports....
by stefanie | Nov 2, 2018 | City News
The Xerox spin-off has announced that it will jettisoning 213 Houston jobs by the end of 2018. As the Houston Business Journal reports, the New Jersey-based company will be laying off over 200 Houston employees on or around 31 December 2018. The affected employees...
by stefanie | Jun 6, 2018 | Around the Industry
As part of its restructuring program, the OEM is expecting to cut between 4,500 and 5,000 jobs. As Bloomberg reveals, between 4,500 and 5,000 employees will depart the company by the end of fiscal year 2019, “as part of an ongoing restructuring plan”. The plan was...
