The word "restructuring" is sometimes used as a euphemism when the corporate weed whacker comes out. The term seems to be genuinely applicable to what’s going on at Ziff Davis Enterprise, however, as the company lays off some people, hires others, and shuffles around a third group.
HP Cuts Costs And Restructures Itself, Cuts 14,500 Jobs
HP is implementing a program designed to cut costs and simplify its structure. Part of this plan is terminating the jobs of 10% of its regular full-time staff.
Alberston’s Restructures Management
Alberston’s Inc. is making big changes to its organizational structure in an effort to help it step up competition with other big name supermarket chains.
PepsiCo Restructures Management
PepsiCo announced today the promotion of two of its senior most executives to lead its North American beverage and food operations.
Disney Restructures Strategic Planning Division
Michael D. Eisner, CEO of The Walt Disney Company, and Robert A. Iger, president and COO and CEO-elect, announced a restructuring of the company’s Corporate Strategic Planning Division.