#restructuring#

Toshiba announces plan to cut 4000 jobs in Japan and merge subsidiaries, as part of accelerated restructuring under new leadership. Company will be delisted by December 2023 after being acquired by Japan Industrial Partners consortium.

NIO is undergoing a new round of company-wide personnel optimization following the May Day holiday, affecting over 18% of its workforce. Details of the restructuring and layoffs within the Chinese automotive company.

Ubisoft announced the cancellation of the development of 'Tom Clancy's The Division Heartland' in its latest financial report, as part of the company's efforts to streamline operations and adapt to changing market trends.