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restructuring articles

AMD is cutting five percent of its workforce

Advanced Micro Devices is planning to trim about five percent of its global workforce as part of a cost-saving restructuring effort. Drew Prairie, a spokesperson for the company, told Reuters that just shy of 500 employees would lose their jobs.

Samsung reportedly mulling major management shake-up

A few weeks after Samsung reported disappointing third quarter results, with operating profit falling to its lowest level in more than three years, the company is mulling a major change in leadership. According to a Wall Street Journal report, Samsung's…

Logitech to lay off 140 employees as part of continued mobile focus

Logitech today announced they are laying off approximately 140 employees as part of an ongoing restructuring and realignment effort that began last year. The layoffs account for roughly five percent of the company’s worldwide non-direct-labor workforce and will result in…