Sony eliminates two divisions, restructures electronics unit
In a effort to cut costs and improve its financial situation, Sony is eliminating two divisions at its main electronics unit, promoting three executives and …
Restructure
Latest Restructure
Nokia to cut 4,000 jobs, move 3,000 as restructuring continues
Finnish handset giant Nokia continues its restructuring in an effort to trim overhead and return to profitability. The BBC is reporting that the company will …
Bloomberg: Nokia's retooling could lead to 6,000 lost jobs
A report filed by Bloomberg paints a grim picture for Nokia Oyj workers the world over. With an announced and looming restructuring in the works, …
Blockbuster filing for bankruptcy
Via a press release, Blockbuster has announced a “pre-arranged” bankruptcy in order to “recapitalize” and “substantially reduce its indebtedness.” The Chapter 11 filing will take the embattled company’s debt …
