Verizon cuts 13,000 jobs in major restructuring
Verizon CEO Dan Schulman announces 13,000 job cuts, impacting 13% of its workforce. The telecom giant is restructuring to slash costs and reverse customer losses. Discover the full story.
Category : Search result: telecom restructuring
Optus Outage Crisis Amid Amazon Mobile Launch
Major telecommunications disruption hits Optus customers as Amazon announces Australian mobile service entry. Stay updated on the developing situation and market implications.
AT&T Data Breach: Claim $7,500 by Dec 18
AT&T customers affected by two major data breaches can claim up to $7,500. The deadline for filing has been extended to 18 December 2025. Act now to secure your compensation.
Samsung phone fails emergency call, customer dies
A customer died after an outdated Samsung phone could not connect to triple-0 on the Lebara network. TPG urges users to update devices immediately to ensure emergency access.
BT to cut 55,000 jobs in AI-driven workforce overhaul
Telecoms giant BT reveals plans to slash 55,000 jobs by the end of the decade as artificial intelligence and automation reshape the workforce. The restructuring will reduce BT's total workforce from 130,000 to between 75,000 and 90,000 employees.
UK Phone Giants Unite to Block Scam Calls
Major UK telecom providers have joined forces in a groundbreaking agreement to combat number spoofing fraud, implementing new technology to protect millions of consumers from scam calls.
CBS News axes Race and Culture Unit in mass layoffs
Exclusive: CBS News dismantles its dedicated Race and Culture division in sweeping layoffs that have left journalists reeling and diversity coverage in question
WPP job cuts as CEO slams 'unacceptable' performance
Global advertising giant WPP faces significant restructuring with thousands of jobs at risk after new CEO Mark Read condemns company's disappointing financial results and pledges radical transformation.
Ofcom inundated after mobile network nightmare report
Broadcast regulator Ofcom received thousands of complaints following a Channel 4 News report detailing journalist Holly Williams' mobile service ordeal with Vodafone and Tesco Mobile, highlighting widespread consumer frustration with telecom providers.
Paramount dismantles CBS News digital anchor teams
Exclusive: Paramount Global makes dramatic cuts to CBS News' digital anchor teams as company pivots towards streaming-first strategy, leaving veteran journalists out in the cold.
CBS News axes jobs in major Paramount restructuring
Exclusive: CBS News announces significant staff reductions as parent company Paramount Global implements sweeping cost-cutting measures across its media empire, affecting multiple departments.
CBS News Announces Dozens of Layoffs in Major Restructuring
CBS News faces significant layoffs affecting dozens of staff across multiple departments as parent company Paramount Global enforces sweeping cost reductions amid industry-wide challenges.
GM cuts 1,300 UK jobs, closes Ellesmere Port plant
General Motors announces devastating cuts with 1,300 positions eliminated and Ellesmere Port factory closure, sending shockwaves through UK automotive sector amid electric vehicle transition.
UPS cuts 250 Wall Street jobs in cost-saving shake-up
Global delivery giant UPS announces sweeping job cuts affecting 250 Wall Street positions as part of dramatic cost-reduction strategy amid economic pressures.
Calls to Split Home Office Into Two Departments
Pressure mounts on the government to dismantle the Home Office, creating separate departments for immigration and national security in what could be the biggest Whitehall restructuring in decades.
OpenAI Shifts to For-Profit in Major Restructure
In a landmark corporate restructuring, OpenAI announces transition to for-profit entity, sparking debate about AI governance and commercial future.
Amazon axes hundreds in tech teams amid AI shift
Amazon confirms major job cuts across AWS and physical stores technology divisions, signalling strategic shift toward AI-driven operations and cost optimisation.
Paramount announces job cuts after Skydance merger
In a dramatic corporate shake-up, Paramount Global confirms significant workforce reductions as new owner Skydance Media implements restructuring plans across the media giant's operations.
CBS News Layoffs Following Paramount-Skydance Merger
Exclusive report reveals sweeping layoffs at CBS News following Paramount's merger with Skydance Media, signalling dramatic restructuring in media landscape.
Amazon plans 30,000 UK job cuts in major restructuring
Amazon announces sweeping workforce reductions affecting up to 30,000 positions across its UK operations, marking one of the largest corporate downsizing efforts in recent British business history.
Amazon Slashes Corporate Jobs in Major Restructuring
Amazon announces significant corporate job cuts across multiple divisions including Alexa and Prime Video, marking another wave of tech industry restructuring affecting UK operations.
CNN dismantles White House reporting team in major shakeup
CNN CEO Mark Thompson axes dedicated White House unit in radical restructuring, merging political coverage into broader news teams amid declining ratings and internal turmoil.
Petrofac administration crisis threatens North Sea operations
Energy services heavyweight Petrofac teeters on administration edge as restructuring talks intensify, threatening thousands of UK jobs and North Sea operations.
Starbucks UK Closures: Full List of Shutting Stores
Starbucks announces significant restructuring plan affecting multiple UK locations, with ten branches already confirmed for closure. Discover which high street spots are disappearing and what it means for your daily caffeine fix.
Welsh Rugby to Lose One Region in Three Years
Welsh rugby is set for its biggest structural change in decades as financial pressures force the elimination of one of its four professional regions, reshaping the nation's sporting landscape.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
Target slashes 1,800 jobs in shock Wall Street move
American retail giant Target abruptly eliminates 1,800 positions in latest corporate restructuring, sending shockwaves through financial markets and raising concerns about UK retail sector stability.
China's Communist Party Reshuffles Beijing Leadership
The Chinese Communist Party has unveiled significant personnel changes in Beijing's leadership structure, marking one of the most substantial political reorganisations in recent years.
Unilever restructures North American business operations
Consumer goods giant Unilever announces significant restructuring of its North American operations, affecting household names including Dove, Marmite and Magnum as part of global efficiency drive.
Molson Coors shuts Leinenkugel brewery, cuts 120 jobs
In a major blow to American brewing heritage, Molson Coors announces the shutdown of its iconic Leinenkugel's facility in Wisconsin, cutting over 120 positions amid strategic restructuring.
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