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US Report: Modem maker Hayes announces loss, restructuring
News As part of its restructuring, Hayes intends to put the Norcross facility up for sale. 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...
[August 17, 1998, 10:06]
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]
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]
BT restructuring hits profits
News BT's latest results, announced on Thursday, show the company's first profit fall in six quarters — the result of massive internal restructuring. BT's spokesperson said that this reflected the £182m already spent on the restructuring in the quarter...
[November 8, 2007, 10:45]
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]
Intel to undergo widespread restructuring
News Intel chief executive Paul Otellini said on Thursday that the company will undergo a complete restructuring. Otellini did say a companywide Webcast was held last week to inform 100,000 Intel employees that a restructuring and evaluation process was...
[April 28, 2006, 9:00]
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]
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]
Novell slashes jobs in restructuring
News Novell announced a major restructuring on Wednesday, under which it will cut 600 jobs, switch its focus to Linux and digital identity software, and take action to split off its Celerant consulting group.
[November 3, 2005, 10:40]
AMD faces $50m bill for restructuring
News AMD expects to spend $50m in the first quarter on restructuring its business, the chipmaker said in a regulatory filing on Thursday. Of that $50m (£30m) in estimated restructuring charges, about $23m will go to severance, expenses and costs related...
[April 3, 2009, 16:43]
Windows Server 2003: Upgrading, Migrating, and Restructuring Windows Domains
White Papers This WebCast will present migration and restructuring options that can help simplify domain structure and management when you upgrade to Windows Server 2003. This WebCast will discuss strategies you can use to upgrade Microsoft Windows NT 4.0-based...
[November 11, 2003, 23:00]
Siemens 'confident' on restructuring...
News Speaking at the group's annual press conference in Munich earlier today, Von Pierer gave away more details of the company's massive, $2.38 bn (£1.43 bn) restructuring plan announced in November. Von Pierer said Siemens is still talking to a Chinese...
[December 3, 1998, 17:41]
Restructuring bites into Novell's profits
Talkback What kind of garbage reporting is this? Since when does a 1 time charge = plunge into the red? When the company doubled earnings expectations, and is profitable from operations? Linux subscriptions up 400% year over year?
[December 2, 2005, 14:50]
Samsung says only G&A roles affected in restructuring
News The Korean giant said that it was instead reducing marketing and management support headcount as it seeks to move to a country-based rather than regional-based model. We're not closing any of our headquarters offices anywhere in the world," said...
[January 20, 1998, 11:13]
Bank IT 'needs restructuring'
News Banks should restructure IT systems to provide better services, as many are failing to sell new products to existing customers, according to research firm Forrester. Forrester said disjoined IT systems and the careless use of data was causing...
[October 14, 2005, 16:20]
Ofcom approves landmark BT restructuring
News Communications regulator Ofcom has accepted BT’s offer of widespread changes to the way it operates its local network and deals with its rivals. As predicted yesterday, the move spares the telco from the threat of break-up.
[September 22, 2005, 10:10]
Freeserve boss quits following restructuring
News Freeserve chief operating officer Frank Keeling has quit following the acquisition of the ISP by French ISP Wanadoo. The takeover last December leaves no room for Keeling, who handled the day-to-day running of Freeserve's business.
[March 16, 2001, 10:20]
IP Multimedia Subsystems (IMS): Restructuring an Industry
White Papers IP Multimedia Subsystems (IMS) technology and the convergence of fixed and mobile network service providers will make niche market service development, delivery and marketing faster and much less costly.
[December 13, 2006, 0:00]
Cadbury Schweppes Undertakes Global Restructuring Using mySAP.com
White Papers Cadbury Schweppes has used IT systems since the 1970s. It? s use of SAP as one of a number of ERP systems dates back to 1994. The group? s IT infrastructure was fragmented because its growth was largely driven by purchasing other companies in a...
[February 1, 2009, 2:20]
NEC disables Packard Bell NEC
News NEC effectively pulled the plug on its struggling Packard Bell NEC unit in the US, mandating a radical restructuring that will result in layoffs of about 80% of its staff, the departure of its senior management and its withdrawal from the US...
[November 3, 1999, 15:05]
