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Acer in major restructuring plan
News This is the second major restructuring operation in two years. Company chief executive Stan Shih is quoted in the FT as saying: "Acer operations have just become too big and too complex," while announcing plans to set up two new units.
[December 27, 2000, 13:30]
HP job cuts coming Tuesday
News HP said it will announce details of a company restructuring plan on Tuesday morning during a pair of conference calls with chief executive Mark Hurd. The restructuring is also expected to focus mainly on the workforce and should not impact the...
[July 19, 2005, 8:50]
AMD plans layoffs, outsourcing
News Advanced Micro Devices is expected to lay out a restructuring plan that will include more job cuts. It's inevitable as part of our cost cuts and restructuring. The company, which discussed parts of a plan to cut $350m (£223m) in costs in 2003...
[November 7, 2002, 10:31]
Buy.com cuts staff in half in restructuring bid
News Internet superstore Buy.com Wednesday announced a restructuring plan designed to reduce cash operating expenses by eliminating some 125 positions, or about 55 percent of its staff of 230. The restructuring plan will change the outlook provided by...
[February 28, 2001, 16:00]
1,000 staff to go in Lenovo restructuring
News Lenovo said on Thursday that it will cut 1,000 jobs, or about 5 percent of its staff, and integrate its global sales and back-office support as part of a restructuring plan that will cost it $100m (£60m) in charges.
[March 17, 2006, 8:50]
BT's Bonfield to quit after mmO2 demerger
News The move, announced late on Tuesday, confirmed speculation that Bonfield would leave early after the quicker-than-expected windup of a major restructuring plan. That restructuring has seen BT reduce its massive debt load, though only with the...
[October 31, 2001, 11:01]
HP's chief hints at the future
News As Hurd spoke, however, it was hard to ignore the fact that HP cut four research projects and laid off one of its R&D luminaries as part of its restructuring. In a sign that he is perhaps becoming more comfortable in his role as chief executive...
[September 8, 2005, 10:05]
Gateway cuts jobs and closes shops
News The company eliminated 2,250 jobs and closed 19 stores during that January 2002 restructuring effort. Gateway expects the layoffs and other restructuring to cost between $75m (£47m) and $80m, resulting in a loss of 62 to 66 cents per share, the...
[March 18, 2003, 11:25]
Lacey's Paper Round
News Lex not convinced by Siemens restructuring plan -- Financial Times, Lex Column But for all the screams off-stage in Siemens current drama, detailed commitments commensurate with Siemens being viewed as a genuine restructuring story are still...
[November 10, 1998, 12:55]
AMD misses on fourth-quarter earnings
News With the restructuring under way and the charges associated with the plan now behind it, AMD is focused on the future, its senior executives said. The chipmaker posted a quarterly loss of $854m, or $2.49 per share, including restructuring charges.
[January 20, 2003, 8:59]
Olivetti PC boss wants to push notebooks, servers
News At a press conference held in Venice, Italy yesterday, Bernhard Auer, chief executive of Olivetti Personal Computers, said the revamped Olivetti will look to the two PC growth areas as it seeks to return to black ink in 1997, after the 1996...
[March 4, 1997, 17:23]
US Report: Modem maker Hayes announces loss, restructuring
News Based on the operating results in the second quarter and the commodity nature of the analogue modem market, [Hayes'] board of directors approved a comprehensive downsizing and restructuring plan that focuses our resources on the expansion of the...
[August 17, 1998, 10:06]
Nortel Asia-Pacific plans major restructuring
News Nortel Networks will focus on a massive restructuring plan in its Asia-Pacific operations following news that the troubled network-gear maker filed for bankruptcy last week. In a statement on Monday from Nortel's Asia-Pacific headquarters, the...
[January 20, 2009, 8:22]
National Semi closes phone-chip plant, sheds 340 jobs
News The Silicon Valley-based chipmaker also said the restructuring plan it announced in February is on track and expects the cost cutting to save about $30m (£18.25m) per quarter. The February restructuring plan called for streamlining costs by...
[May 21, 2003, 14:02]
Sun announces job cuts
News Sun will cut its workforce in the second half of the year as part of a restructuring plan, according to a regulatory filing the company made on Tuesday. Sun's board of directors approved the job cuts last week as part of a plan to "better align the...
[August 8, 2007, 15:12]
MIPS cuts a third of staff
News Chip creator MIPS Technologies plans to cut about one third of its staff, part of a restructuring plan announced on Thursday. The California-based chip designer, which creates and licenses processors and related technologies, said it would...
[May 16, 2003, 14:09]
AMD faces $50m bill for restructuring
News The moves are part of a business restructuring plan adopted by AMD in December. AMD expects to spend $50m in the first quarter on restructuring its business, the chipmaker said in a regulatory filing on Thursday.
[April 3, 2009, 16:43]
QXL denies restructuring reports after raising £30m
News QXL has denied reports of a restructuring plan, claiming that a reduction in operating expenses will be enough. We're integrating a number of companies that we have recently bought, and in the process some rationalisation has happened, but there...
[December 1, 2000, 15:27]
Exl-Plan - Introduction
White Papers You can also use it as a tool for strategic and corporate planning, raising finance, business restructuring and financial appraisals within almost any size and type of business. Exl-Plan is a range of powerful, easy-to-use template packages for...
[October 13, 2005, 0:00]
Seagate cuts a further 1,100 jobs
News Seagate announced on Thursday that it has initiated a restructuring plan that includes laying off approximately 1,100 employees, or 2.5 percent of the company's global workforce. Seagate expects the layoffs to be completed by the end of July and...
[May 14, 2009, 10:38]
