GitLab's CEO told employees the restructuring means layoffs, flatter structure, smaller teams, and AI agents everywhere.

NEW YORK (AP) — Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The jobs cuts began on ...

Twelve former OpenAI staffers have filed a legal brief in support of Elon Musk's lawsuit, saying that the company's restructuring is against its original mission. A group of former OpenAI employees ...

One of San Diego County’s most award-winning theater companies in recent years, CCAE Theatricals, announced Thursday that is restructuring its operations and downsizing its staff, including the ...

Hooters of America, LLC, owner of the Hooters restaurant chain, has announced that it has filed for Chapter 11 bankruptcy protection. The bankruptcy filing is aimed at helping the company restructure ...

Amid a recently granted temporary restraining order that halts CompSource Mutual's restructuring plan, some policyholders, including a former Oklahoma Tax Commissioner, are highly concerned a ...

Amid current economic uncertainties, many organizations are making the difficult decision to restructure and thus furlough or lay off employees. While these choices are often rooted in financial ...

Auddia Inc. announced that Jeff Thramann has taken over as CEO from Michael Lawless, who is retiring after 13 years with the company. Three new independent board members with expertise in AI and ...

DraftKings has undergone an employee restructuring and reduction that one analyst projects could save the company $30 million annually. Major U.S. sports betting, iGaming, and prediction market ...

Stretto announced the launch of Research Suite by Stretto, a research platform for restructuring professionals. The new offering is designed to surface and compare bankruptcy documents across ...