OpenAI abandons for-profit shift, keeps nonprofit control with new public benefit corporation
"We currently cannot supply nearly as much AI as the world wants"
Restructuring articles
Google offers "voluntary exit" plan with severance pay for Pixel and Android employees
Soft-launching layoffs?
GM moves away from the robotaxi business axing Cruise
Automaker restructures, possibly buying out the rest of Cruise LLC to merge with driver-assistance division
23andMe to lay off 40% of staff in desperate restructuring effort
The company expects to save $35 million per year after these cuts
Dell will continue to reduce its workforce amid push to focus on AI
Despite strong quarterly performance
Embracer Group plans to sell off Borderlands creator Gearbox
The video game conglomerate continues to flounder after soured Saudi multibillion-dollar investment deal
T-Mobile will lay off 5,000 employees in the coming weeks
Roughly seven percent of its workforce
Electronic Arts restructures studios into EA Entertainment and EA Sports
"We're building the future of interactive entertainment"
Alibaba, China's largest tech firm, set to restructure into six spin-offs
The split is expected to unlock massive value for shareholders
Snap is cutting 20% of its workforce and discontinuing products to combat financial challenges
Snap discontinues Pixy drone after just four months
Magic Leap reportedly just cut half of its workforce
The company is restructuring to focus on the enterprise side
Groupon will no longer sell discounted goods, instead focusing on local experiences
Returning to its roots
Apple trims autonomous vehicle team by more than 200 employees
Apple's Project Titan takes another turn
Nokia is conducting a strategic review of its digital health business
The review comes less than two years after acquiring digital health specialist Withings for $192 million
