Verizon’s 13,000-plus job cuts will be quick and cost nearly $2bn
Most of the cuts will be completed by year-end
Most of the cuts will be completed by year-end
Unions have been contacted by the carrier
Layoffs will take place in two waves
No one was harmed
Set to be the company's largest-ever round of layoffs
Restructuring plan follows closure of company’s acquisition of Ansys
Prior to his appointment in April, Sachin Katti had led Intel’s networking and Edge group
Latest instance of Intel silicon exec leaving for chipmaker for rival company
As BT continues to drive cost savings, with total workforce down to 111,000
Bouchard to take charge from May 2026
Cuts will occur in fourth quarter
As company sheds more broadband subs during Q3
Mike Fries to become chair of Liberty Global early next year
Calls to close “electron gap” with China
Unqualified workers failed to follow safety procedures, police claim
As part of plans to deliver annual cost savings of around €40 million
Company began notifying impacted workers on October 23
The cuts represent around one percent of total workforce at the cable giant
Previously worked at Microsoft and Jacobs
Ends Benjamin Revcolevschi's time at the helm after just one year
Downsizing affects sales and accounts roles at chip giant
Watson will remain at BT until March, McCall to take over the role from January 1, 2026
The cuts have impacted sales teams in the US and Europe
Around a dozen people taken by immigration agency