Corporate Restructuring is a topic tracked in our intelligence system with 5 linked articles.
GM laid off about 600 IT staff (roughly 10% of its IT department) to hire for AI-focused roles, signaling a deliberate shift to AI-native development and data/automation capabilities.
eBay to lay off 800 staff, marking its third round of layoffs in three years.
Amazon to lay off 16,000 more employees in a second round after cutting 14,000 corporate roles in October.
ByteDance created a separate American entity to run TikTok in the U.S. to separate U.S. operations from its Chinese parent amid lawmakers' data privacy and foreign-control concerns.
TikTok finalizes a deal to form a new US entity to avoid a ban, ending a six-year regulatory saga that began in 2020.
Vimeo is laying off staff after being acquired by Bending Spoons for $1.38B.
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