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Layoffs / Restructuring

Disney cuts 300 more jobs

Disney is laying off around 300 employees in its latest round of job cuts, the second since Josh D’Amaro became CEO earlier this year. The reductions will mainly affect the human resources and technology departments, according to reports. This follows earlier cuts in July that hit Pixar, National Geographic, ESPN, Disney Entertainment Television, and Disney [...] The post Disney cuts 300 more jobs appeared first on HR Katha .

Layoffs / Restructuring

US Defence Job Cuts: Pete Hegseth To Reduce Posts Reserved for Generals, Admirals By 20%

The plans, first reported by Fox News, will be announced at Hegseth's "State of the Force" address on Wednesday at Marine Corps Base Quantico in Virginia.

Layoffs / Restructuring

Faster launches, more job cuts? New Apple CEO John Ternus pushes for sweeping changes

Apple CEO John Ternus plans to speed up product development by launching more frequently and reducing management layers. Key changes include moving product launches throughout the year.

Layoffs / Restructuring

Apple Scraps 5,000 AppleCare Layoffs Amid Broader Push For Efficiency Under Ternus

Under John Ternus, Apple is considering more frequent product launches.

Layoffs / Restructuring

Allcargo Logistics appoints Vijay Nehra as MD designate, CEO from January 2027

The leadership change is part of a broader restructuring of the Allcargo Group, with the company saying the move aims to accelerate growth, strengthen its leadership team and sharpen the focus across its businesses.

Layoffs / Restructuring

Tata Trusts within right to seek merger, but Tata Sons can challenge: Lawyer

The proposed restructuring aims to take Tata Sons out from NBFC/CIC framework. Whether that objective could be achieved depend on final structure and RBI’s assessment, not on unilateral decision by Tata Trusts or Tata Sons

Layoffs / Restructuring

Noel Tata Hits Back With New Merger Plan | Can Tata Sons Avoid Listing? | Boardroom War

The Tata Sons boardroom battle has taken a dramatic new turn as Tata Trusts Chairman Noel Tata proposes a major restructuring to keep the Tata Group's holding company unlisted. The proposal seeks to merge two operating businesses with Tata Sons, potentially changing its regulatory classification and removing the requirement for a stock market listing. But why was this option not explored earlier? Sources tracking the developments tell Business Today TV that the proposal raises serious questions about the board's previous decisions. The latest move follows a contentious boardroom vote in which four directors supported N Chandrasekaran's reappointment, Noel Tata opposed it, and Chandrasekaran abstained. With the RBI's regulatory position, reported government intervention and an approaching Annual General Meeting adding to the uncertainty, the stakes remain high. Watch this Business Today TV special report for the proposal, the boardroom confrontation and what could happen next in this...

Layoffs / Restructuring

GCC layoffs: Up to 30,000 jobs may go, but AI is creating a new hiring playbook | Explained

While certain operational roles are being phased out, the report suggested that GCCs are simultaneously elevating their global prominence.

Layoffs / Restructuring

Tata Chemicals, Tata Motors PV, other Tata stocks slide up to 4% as Tata Sons rejig clouds listing prospects

Tata group stocks declined after Tata Trusts proposed restructuring Tata Sons to potentially remove its NBFC and CIC classification, which could allow the holding company to remain private and ease regulatory requirements linked to a listing.

Layoffs / Restructuring

Tata Sons restructuring: What are Tata Trusts proposing and why?

Tata Trusts has proposed a fresh restructuring of Tata Sons that could change its operating and asset profile, potentially taking it outside the RBI’s NBFC and CIC framework. Here is what the proposal means, why it matters and what could happen next.

Layoffs / Restructuring

Tata Trusts proposes rejig to keep Tata Sons private, avoid IPO to comply with RBI rules — Here's what could change

Tata Trusts has proposed merging Tata Sons with Tata Electronics and Tata Consulting Engineers to restructure and avoid classification as an NBFC, potentially eliminating the need for a stock market listing.

Layoffs / Restructuring

Tata Sons restructuring explained: How Tata Trusts’ plan could sidestep the listing issue

Tata Trusts’ proposed overhaul of Tata Sons centres on bringing operating businesses into the group’s holding company, potentially changing its regulatory classification. The plan raises questions over the treatment of Tata Sons under RBI rules, the role of the Tata Trusts as majority shareholder, required corporate approvals, the Charity Commissioner issue and whether the restructuring can ultimately keep the company unlisted.

Layoffs / Restructuring

Tata Trusts propose merging 2 firms with Tata Sons to avoid RBI listing mandate

In a strategic move, Tata Trusts have put forth a plan to merge Tata Electronics Systems Solutions Pvt Ltd and Tata Consulting Engineers into Tata Sons. This restructuring aims to redefine Tata Sons' regulatory classification, thereby sidestepping extra regulatory burdens. Before any actions are taken, the proposal requires a no-objection certificate from the Reserve Bank of India.

Layoffs / Restructuring

Tata Trusts Pitch Tata Sons Restructuring As Alternative To RBI's Listing Requirement

The reorganisation would require a prior no-objection certificate from the RBI, and Tata Trusts are expected to engage with the central bank on the proposed structure.

Layoffs / Restructuring

Starbucks to shut 250 North American stores, cut jobs amid India tech expansion

Starbucks plans to close around 250 underperforming stores across North America and cut corporate jobs as CEO Brian Niccol pushes ahead with a wider restructuring of the coffee chain. The company expects to incur around $300 million in charges related to the latest store closures, according to The Wall Street Journal. The closures are part [...] The post Starbucks to shut 250 North American stores, cut jobs amid India tech expansion appeared first on HR Katha .

Layoffs / Restructuring

Microsoft CEO Satya Nadella Says Xbox's 'Streamlining' Is 'Great to See' Days After Layoffs and Restructuring

Xbox plans to cut 3,200 jobs by the end of fiscal year 2027

Layoffs / Restructuring

Alvarez & Marsal eyes 10X India growth in six years: MD Luis de Lucio

Alvarez & Marsal is strategically shifting gears as its India business thrives, moving away from traditional restructuring to capitalize on the growing demand for corporate advisory and private equity services.

Layoffs / Restructuring

'Going to look very different in 365 days': US Labor Dept watchdog warns amid H-1B crackdown

This enforcement surge runs parallel to key administrative policy changes enacted by the White House. A presidential executive order now mandates that federal agencies assess whether employers seeking foreign petitions have recently carried out layoffs affecting similarly situated American personnel.

Layoffs / Restructuring

Adani Power merges 10 subsidiaries into company as restructuring takes effect

Adani Power has completed the merger of 10 wholly owned subsidiaries, including power generation and fuel management companies, following approvals from two NCLT benches.

Layoffs / Restructuring

Halo Studios Reportedly Has Around 30 Employees Left After Layoffs as Activision Takes Charge of Franchise

Halo Studios was reportedly working on remakes of Halo 2 and Halo 3

Layoffs / Restructuring

Amazon’s layoff plan takes a U-turn: Former employees are being recruited again

Amazon is reaching out to a few of the laid-off employees, offering them an opportunity to return to the company.

Layoffs / Restructuring

PB Fintech Concall: No Mass Layoffs, Lower Marketing Spend, Higher Volume Push, And More — Five Key Takeaways

Shares of PB Fintech, the parent of Policybazaar, plunged as much as 34% on Thursday, hitting a fresh 52-week low, as investors assessed the potential hit to distributor economics.

Layoffs / Restructuring

No Mass Layoffs, Marketing Spends Under Review: Policybazaar CEO After Stock Craters 34% On IRDAI Shock

Policybazaar CEO Sarbvir Singh has said there will be no mass layoffs, with the company planning to recalibrate expenses.

Layoffs / Restructuring

Amazon Reaches Back To Laid-Off Workers For AI Roles Amid Hiring Shift: Report

Amazon reaches out to former employees for AI and machine learning roles amid ongoing layoffs.