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Tags: Restructuring

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  • Restructuring
Barclays to Cut 5,000 Jobs in 2026

  Barclays to Cut 5,000 Jobs in 2026 as Bank Expands Use of AI

  • by Martech Desk
  • 3 days ago

Barclays plans to cut 5,000 jobs in 2026, around 5% of its global workforce, as the bank expands AI adoption and technology-driven operational efficiency.

Getty Images

  Getty Images to Restructure Debt Through Chapter 11 Bankruptcy Process

  • by Martech Desk
  • 1 week ago

Getty Images plans to go private under a $533 million restructuring agreement backed by the Getty family and Koch Equity Development, following its failed Shutterstock merger.

Adidas

  Adidas Employee says 40% Workforce Fired, Internal Chats Reveal Shocking Details

  • by Brij Pahwa
  • Sep 18, 2026

Adidas employees challenge the company’s account of India technology layoffs, with internal chats raising questions over the scale of cuts, redeployment and leadership decisions.

Uber Cuts 10% of Customer Support Jobs

  Uber Cuts 10% of Customer Support Jobs as AI Takes Bigger Role

  • by Martech Desk
  • Jul 24, 2026

Uber has cut 10% of its customer service workforce as it expands AI adoption, marking the company's first direct link between AI strategy and workforce restructuring.

Microsoft Announces 4,800 Job Cuts During AI Focused Business Reset

  Microsoft Announces 4,800 Job Cuts During AI Focused Business Reset

  • by Martech Desk
  • Jul 8, 2026

Microsoft has cut 4,800 jobs as it restructures operations while continuing significant investments in AI infrastructure, cloud services and business transformation.

Standard Chartered Plans 7,000 Job Cuts

  Standard Chartered Plans 7,000 Job Cuts Amid AI-Led Restructuring Push

  • by Martech Desk
  • May 20, 2026

Standard Chartered is reportedly planning 7,000 job cuts as the bank accelerates AI adoption and operational restructuring efforts.

Amazon Cuts Jobs

  Amazon Cuts Jobs while Accelerating AI Investments and India Growth

  • by Martech Desk
  • May 17, 2026

Amazon is continuing layoffs while expanding AI investments and strengthening its technology and business operations in India.

This is an AI-generated image.

  Meta to Cut 8,000 Jobs This May 20 as Zuckerberg Pushes Leaner Teams

  • by Martech Desk
  • May 13, 2026

Meta is reportedly laying off 8,000 employees this month as CEO Mark Zuckerberg pushes for leaner teams and faster execution across the company.

Acko Cuts Jobs as CMO Exits Ahead of IPO Plans

  Acko Cuts Jobs as CMO Exits Ahead of IPO Plans

  • by Martech Desk
  • Apr 20, 2026

Acko has initiated layoffs and seen its CMO exit as the company restructures ahead of a potential IPO.

Swiggy Co-founder Nandan Reddy Exits

  Swiggy Co-founder Nandan Reddy Exits as Company Reshapes Leadership

  • by Martech Desk
  • Apr 13, 2026

Swiggy co-founder Nandan Reddy has stepped down as the company undergoes a leadership restructuring to align with its next phase of growth.

HUL names three CMOs under Unified India Marketing Strategy

  HUL names three CMOs under Unified India Marketing Strategy

  • by Martech Desk
  • Feb 24, 2026

HUL has appointed three CMOs as part of its unified India strategy, reshaping its marketing leadership structure to drive agility and brand growth.

Amazon

  Amazon Confirms Cutting About 16,000 Roles in Latest Restructuring

  • by Martech Desk
  • Jan 29, 2026

Amazon has confirmed plans to cut about 16,000 roles globally as part of a restructuring effort aimed at streamlining operations and refocusing on key growth areas.

WPP CEO Cindy Rose Moves to Simplify Group Structure as AI Reshapes Advertising

  WPP CEO Cindy Rose Moves to Simplify Group Structure as AI Reshapes Advertising

  • by Martech Desk
  • Dec 23, 2025

WPP CEO Cindy Rose is simplifying the company’s structure to improve agility and prepare the global advertising group for an AI-driven future.

Deepwatch Announces Layoffs as It Accelerates Shift Toward AI and Automation

  Deepwatch Announces Layoffs as It Accelerates Shift Toward AI and Automation

  • by Martech Desk
  • Nov 14, 2025

Cybersecurity firm Deepwatch lays off employees as it restructures operations to focus on AI driven automation and long term efficiency.

Amazon To Cut 30,000 Jobs!

  Amazon To Cut 30,000 Jobs! Is AI The Driving Force Behind The Mega Restructuring?

  • by Brij Pahwa
  • Oct 29, 2025

Amazon begins a major restructuring with up to 30,000 job cuts as AI reshapes roles, streamlines operations, and accelerates its next phase of growth.

Meta Restructures AI Division, Lays Off 600 Employees

  Meta Restructures AI Division, Lays Off 600 Employees in Strategic Realignment

  • by Martech Desk
  • Oct 26, 2025

Meta announces layoffs affecting 600 employees in its AI division as part of a major restructuring and renewed focus on strategic priorities.

Oracle Cuts Over 3,000 Jobs Globally Amid AI-Led Restructuring

  Oracle Cuts Over 3,000 Jobs Globally Amid AI-Led Restructuring

  • by Martech Desk
  • Sep 7, 2025

Oracle lays off 3,000+ employees worldwide as it restructures to focus on AI and cloud services, reflecting wider tech industry shifts amid automation and cost pressures.

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