#Restructuring

4 articles found

Intuit Cuts 3,100 Jobs to Fund AI "Big Bets"

Intuit is laying off 17% of its workforce, approximately 3,100 employees, to invest in artificial intelligence initiatives.

Meta Platforms is reassigning 7,000 employees to AI-focused roles as part of a broad restructuring.

Cboe Global Markets is undergoing a major restructuring, slashing its global workforce by 20% and overhauling its remote work and office policies.

Estée Lauder is deepening its restructuring plan, aiming to cut up to 10,000 jobs to accelerate its turnaround and boost profitability.