Google today announced a new operating structure that will see it become part of a larger collection of companies known as Alphabet. This new company will see Larry Page become its CEO and Sergey Brin its President. As for Google itself, Sundar Pichai will take on the mantle of Google CEO. For Sergey and me this is a very exciting new chapter in the […]
Company restructuring
Microsoft restructuring to cut 7,800 jobs in phone hardware business
Microsoft acquired Nokia’s Devices & Services business in April 2014 for US$7.2 billion. Only months later, it announced major job cuts in its new business unit. The company today announced further restructuring with a 7,800 job reduction primarily in its phone business to “better focus and align resources.” It will also record an impairment charge of approximately US$7.6 billion related […]
More BlackBerry layoffs in device business
BlackBerry announced last August that it had completed its latest restructuring effort and was now looking at “modest” increases in headcount going forward. While some areas of the company’s business may have indeed benefited from new hirings, at least one is again undergoing restructuring. BlackBerry confirmed on Friday that an undisclosed number of employees have been laid off from its […]
Sony Canada closing all 14 Sony Store retail locations
While the fate of its smartphone business may still be up in the air, Sony has decided that it will close all 14 Sony Store retail locations in Canada. The stores currently offer a wide range of Sony products including unlocked Sony smartphones, the Sony SmartWatch line and wearables as well as a range of electronic products that includes audio components […]
BlackBerry completes restructuring process
There was some very good news for BlackBerry employees on Friday. In an internal email sent to employees, CEO John Chen said that the company’s restructuring efforts have come to an end. Best of all, that means that workforce reduction efforts have also wrapped up. The memo reads in part: We have completed the restructuring notification process, and the workforce […]
Rogers Communications cuts hundreds of management jobs
Management changes at Rogers Communications this week is extending beyond the senior level management changes we’ve seen in recent weeks. According to The Toronto Star, cuts are now extending to the vice-president level and middle management levels. The restructuring is all part of new CEO Guy Laurence’s Rogers 3.0 vision for the Canadian media and telecommunications giant. Rogers confirmed the […]
Microsoft to cut 18,000 jobs including 12,500 at Nokia division
Microsoft today announced that a major restructuring effort that will see it cut some 18,000 jobs over the next year. The Nokia Devices and Services business unit will account for the majority of these cuts with some 12,500 positions, including both professional and factory workers, to be eliminated. The cuts represent 14% of Microsoft’s workforce, which jumped by 25,000 employees […]
BlackBerry lays off another 120 employees in Waterloo
Recent news coming from BlackBerry have been mostly positive in recent weeks but that changed again today. The company today laid off another 120 employees in Waterloo, Ontario. All were part of BlackBerry’s product development and wireless technology team. According to a statement issued by the company: “BlackBerry is working hard to return to profitability and we continue to optimize […]