Fae Farm developer Phoenix Labs is laying off more than 150 staff and will be cancel various ongoing projects as the company undergoes a restructure.…
restructuring
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Netflix has become just the latest media and technology giant to announce layoffs. Deadline reports that a “major restructure” is underway within Netflix, and…
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Mobile SecurityNewsSecurity
Cisco to cut 5% of workforce amid restructuring; layoffs will impact 4,200 jobs
After days of speculation, Cisco today announced a restructuring plan that will see the networking vendor cut 5%, or about 4,200 jobs, from its…
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LinuxNetwork SecurityNewsOperating SystemPC & LaptopServerSoftware
Cisco could lay off thousands of employees as part of restructuring
“As telco capex moderates, a number of vendors heavily exposed to telecom will engage in layoffs. This has already started happening… So, developments at Cisco…
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LinuxNetwork SecurityNewsOperating SystemPC & LaptopServerSoftware
SAP announces $2.2B restructuring program that’ll impact 8,000 jobs
German tech major SAP has announced a 2 billion euro ($2.17 billion) restructuring program for 2024, impacting 8,000 employees as it focuses on AI. “In 2024,…
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GamingNewsPC Gaming
New World Interactive Suffers Embracer’s Restructuring; Codemasters Also Hit by Layoffs at EA
Yesterday, Nick Calandra first circulated the rumor that the Embracer Group had closed down New World Interactive. The rumor was then corroborated by Insider…