Restructuring

Jul 13, 2026 · 15:46 LATEST

Volkswagen Embarks on Massive Restructuring Amid Job Cuts and Factory Controversy

Volkswagen's CEO Oliver Blume has confirmed plans to cut 50,000 jobs as part of a sweeping restructuring effort, despite the company's supervisory board rejecting a proposal to close four German factories.

Jul 13, 2026 · 15:41

Microsoft's Xbox Overhaul: Layoffs and a Shift in Gaming Strategy

Microsoft is embarking on a significant restructuring effort, cutting thousands of jobs and reevaluating its Xbox division, amidst a broader shift in the gaming industry.