HR Digest

FEBRUARY 13, 2024

Another one bites the dust—employees are the ones left scrambling as the recent announcement of Cisco layoffs marks another industry resorting to job cuts to see company growth. based networking company Cisco appears to be next in line to execute a pretty sizable number of job cuts, joining the already extensive list of layoffs in 2024.

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Restructuring Trends Report Uncertainty 52

HR Digest

FEBRUARY 26, 2024

Reports indicate that the company will soon lay off up to 1,500 employees of their current active workforce. News of the restructuring efforts followed the fourth quarter and full-year 2023 Expedia earnings call where the company actually presented pretty strong performance numbers.

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Resources B2B B2C GAAP 105

HR Digest

FEBRUARY 15, 2024

Cisco restructuring news not only reflects the company’s response to sluggish demand but also highlights the growing significance of artificial intelligence (AI) in shaping the future of work. These companies, despite their continued profitability, have opted for multiple rounds of layoffs in recent years.

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Restructuring Industry Trends Uncertainty 59

N2Growth Blog

FEBRUARY 14, 2022

Even so, the sector is still grappling with a plateful of hot-button issues, including social restructuring, environmental protection, and the global push for de-carbonization placing particular pressure on the coal and platinum industries. 3 Major C-Suite Talent Trends Those in the Mining Sector Should Expect to See in the Future.

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Trends Globalization Execution Diversity 195

HR Digest

DECEMBER 26, 2023

According to LiveMint , a report first published in The Information indicates that Google’s AI-powered ads have grown so self-sufficient that they no longer require as many individuals to oversee its functioning, making Google lay off employees who no longer have a necessary role at the company. Intel will also lay off employees in the U.S.

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Power Succession Advertising Restructuring 144

Lead Change Blog

DECEMBER 1, 2020

Jon Verbeck provided Deep Cuts: Have You Restructured Enough ? Jon writes: “ With the crazy 2020 economy, all of my clients have restructured in some way. But now as we move into the new year, we need to ask the question, “Have we restructured enough?” Follow Jon on Twitter at @jonverbeck1. It’s about the quality of results.

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Leadership Development Development Leadership Restructuring 257

Let's Grow Leaders

DECEMBER 12, 2022

If you’re still neck deep in downsizing, read my article, 5 Mistakes to Avoid During a Restructure, to avoid these sadly all-too-frequent mistakes. Even once they’ve left your company there are plenty of ways you can help with networking and other support. Let your remaining high-performers know how valued they are.

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Team How To Incubator Restructuring 562

Rich Gee Group

DECEMBER 16, 2023

Illustration: A company transitioning from a top-down to a collaborative culture might deploy town hall gatherings, open dialogues, and channels for employee input to address apprehensions and integrate staff in decision-making.

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Organization Retail Incentives Restructuring 195

The Practical Leader

MAY 30, 2012

A recent survey of 1,600 executives in 35 countries conducted by The Boston Consulting Group found that over 90 percent of companies with more than 1,000 employees had recently changed their organization structure. But as with all organization change efforts the failure rate is 50 – 70 percent. Clarify Roles and Responsibilities.

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Restructuring Middle Management Deming Human Capital 61

HR Digest

MARCH 23, 2023

In this article, we’ll present 10 polite ways to write a layoff email to employees – each of these layoff letter templates will help you ensure that when they do happen, the redundancy feel fair and the company and the affected workforce are set up for success. Layoff due to restructuring. Temporary layoff due to business slowdown.

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Letter Politics Restructuring Sample 98

Let's Grow Leaders

NOVEMBER 8, 2021

Or, you just went through a big restructure, and suddenly you’re leading a team of people who don’t know you or one another. The next question they’re asking is “Do I matter to you–not just the company?” Practice Celebration and Accountability. Does any of this sound familiar? Care for your team and have their back.

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Commitment Team Restructuring Learning-by-Doing 403

HR Digest

MAY 24, 2023

Additionally, Disney’s latest layoffs news unfurls amidst a backdrop of media companies grappling with the aftermath of the writers’ strike. Earlier in the year, the company had cut thousands of jobs, totaling Disney’s job cuts to 4,000. This is not Disney’s first rodeo of layoffs for 2023. billion in the streaming business.

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Price Restructuring Film Licensing 105

Strategy Driven

FEBRUARY 8, 2019

Restructuring. Many companies are so used to their existing website that they fail to recognize some glaring failures in terms of its structural layout. When you overhaul your website, be sure to restructure it in such a way as to smooth all click-throughs and open up pathways for your traffic to pass easily through.

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Company Restructuring Trends Outsourcing 51

Lead Change Blog

JUNE 5, 2019

Trends including the rapid pace of change, constant restructuring, and a 24/7 always-on work environment are creating overwhelmed employees and eroding trust in workplaces. Leadership today is more challenging than ever. Organizations need leaders who drive engagement, innovation, and outstanding client experiences.

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Webinar Restructuring Agility Politics 200

Chartered Management Institute

FEBRUARY 14, 2024

Where innovation meets risk: Helping your clients adopt AI and automation Seven power skills business consultants need to work successfully alongside AI “The pandemic also resulted in many organisations seeking help with restructuring, forming new divisions, finding cost efficiencies and implementing redundancy programmes,” continues Ranjit.

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Trends Management Consultative Handbook 98

N2Growth Blog

JANUARY 23, 2024

As a consulting professional who works closely with top executives in the world’s largest companies, understanding the unique challenges faced by each organization is paramount. As a consulting professional, I aim to work closely with top executives in the world’s largest companies to identify their needs and challenges.

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Consultative Organization Self-aware Objective 217

The Horizons Tracker

DECEMBER 19, 2023

Participants were assigned two occupation-specific writing tasks, such as crafting cover letters for grant applications, composing emails on organizational restructuring, and developing customer analysis plans based on provided data.

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Letter Restructuring Participative Analysis 102

The Horizons Tracker

MARCH 16, 2022

The researchers assessed over 37,000 mergers and acquisitions from across the United States over a 44 year period and found that companies that have been acquired add around 15% more managers from minority backgrounds and 4% more female managers than similar firms that had not been acquired.

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Diversity Restructuring Crisis Consultative 134

HR Digest

APRIL 9, 2023

Misconduct: Employees who violate company policies, engage in unethical behavior, or act inappropriately may be terminated. Restructuring: Employees may be laid off due to a company’s restructuring or downsizing. Retirement: Employees may choose to retire, leading to involuntary turnover.

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Management Talent Management Restructuring Strategy 114

Joseph Lalonde

OCTOBER 18, 2022

During the spring of 2022, myself and 1000+ of my talented colleagues were promoted to customers of our employer due to a corporate restructuring. During the start of my new employment, by the direction of my coach, I hyper-focused my search into companies that specialized in fields that I was familiar with.

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Restructuring Learning-by-Doing Project Skills 214

N2Growth Blog

AUGUST 1, 2016

The company has grown through a long series of mergers and acquisitions to place itself among the world leaders in the production of many commodities, including aluminium, iron ore, copper, uranium, coal, and diamonds. Sam Walsh: I was looking for a fresh challenge in a global company run from Australia.

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Gordon Restructuring Leadership CEO 150

Strategy Driven

FEBRUARY 13, 2023

From local startups to global conglomerates like Google and Amazon, accountants are inseparable from a company’s success. Profitability In business, profitability is defined as the income generated by a company from sales of products or services. Liquidity Liquidity is your company’s ability to pay its bills quickly.

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Intangible Assets Short-term Incentives Metrics 94

Let's Grow Leaders

MARCH 6, 2023

Organizational restructuring, change in direction, and company politics can easily derail a well-meaning leader’s intentions. But now you’re in the role you feel like a puppet, being asked to take the role in a completely different direction. It’s tricky to know the full picture of what’s going on.

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Brand How To Restructuring Energy 234

HR Digest

DECEMBER 12, 2023

The saga of Hasbro layoffs is all set to continue into 2024 as the company announces additional jobs cuts as a response to weak sales this year. In January, the company had already announced a reduction of 1000 full-time job cuts at Hasbro and according to Reuters , the company has already made progress on this front.

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Franchising Restructuring Outsourcing Retail 98

Strategy Driven

FEBRUARY 3, 2021

There are many reasons why one company may merge with or acquire another company. When two companies join it leads to more resources, expanded profit share and less competition. In an asset purchase, the target business sells all of its assets to another company, known as the acquirer. The target company then dissolves.

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Depreciation Restructuring Licensing Entrepreneur 116

HR Digest

MARCH 28, 2024

The best time to bring up the topic of promotion is when the company has clear evidence of a successful project and can pinpoint your contribution to it. This might be a good time when to ask for a promotion and have your job description altered to suit the company’s requirements or your career aspirations better.

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How To Restructuring Performance Review Project 52

Strategy Driven

JULY 6, 2020

A restructure may also result in economies of scale. You can restructure activities across all related documents and transactions, and do so within a secure environment. Integrating two companies is a stressful occasion. Merging your business with another entity has a number of potential benefits. Performing the integration.

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Tips Succession Restructuring Fashion 113

CEO Insider

JULY 19, 2019

He leads innovative projects, prepares companies for sale or restructuring, and also introduces complex IT systems within businesses. He graduated from the Polish-Japanese Academy of Information Technology and has been working in the IT industry for over 20 years. TenderHut is a technological capital […].

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CEO Restructuring Information Technology Technology 84

HR Digest

APRIL 25, 2023

Breach of Company Policies Employees are expected to comply with company policies and procedures. For instance, if an employee consistently comes late to work, ignores safety protocols, or violates the company’s social media policy, it may lead to disciplinary action or even termination.

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Restructuring Policies Skills Teamwork 52

Harvard Business Review

MARCH 21, 2024

But recent research at a food processing company in Colombia outlines some stumbling blocks companies might face when trying to change their structure. Specifically, the researchers and company CEO highlight a series of structural and people dynamics leaders should look out for in their own efforts.

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Company Agility CEO Process 25

HR Digest

FEBRUARY 19, 2024

Zoom’s DEI layoffs were part of a company-wide round of job cuts with 150 employees facing the brunt of the decision. It instead means that the company no longer wants to have an internal team to handle this work. Instead, the company will hire external experts and consultants to regulate the matters of DEI.

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Diversity Trends Team Chief Operating Officer 64

Chartered Management Institute

JULY 25, 2023

It’s easy to tell someone they are hired or can expect a juicy annual bonus; telling them about a company restructuring or a failed promotion is more of a challenge. Embracing vulnerability and strategising well will make it feel more manageable As a leader, you experience highs and lows when managing people.

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Strategy Restructuring Tips Article 52

Strategy Driven

APRIL 25, 2021

Bankruptcy might be your best shot at eliminating debts and restructuring your finances. Under chapter 11, business entities like LLCs and corporations can restructure their debt by selling some assets. Usually, larger businesses can handle the costs, but smaller companies may have trouble with the legal fees and restructuring costs.

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Restructuring Committee Operations Finance 65

HR Digest

AUGUST 2, 2022

A demotion could happen for a number of reasons, and most of the time, it’s in the company’s best interest to do so. A demotion is a step taken by an employer to reduce an employee’s title, salary , or status in the company. Company Restructuring . A company could decide to restructure its branches.

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Restructuring Finance Stress Skills 52

HR Digest

APRIL 13, 2024

Effective conflict resolution in the workplace is vital for meeting organizational goals and maintaining a positive company culture. Ignoring conflicts can lead to: Missed deadlines Resentment among employees Unsuccessful initiatives These consequences cost American businesses a whopping $359 USD billion annually.

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Strategy Restructuring Emotional Intelligence Training 52

HR Digest

DECEMBER 15, 2023

Cruise layoffs will affect around 24% of its workforce as it works to restructure operations following an accident that forced it to halt U.S. testing, the company said on Thursday. GM Cruise on Thursday announced internally that it will lay off 900 employees, or 24% of its workforce.

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Chief Operating Officer Quinn Restructuring Operations 59

HR Digest

FEBRUARY 18, 2024

If your initial reaction is to feel overwhelmed by these updates, then consider the role of an average employee who is more likely to be replaced more permanently through job cuts and organizational restructuring efforts. This benefits each employee and it benefits the company at large.

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Trends Efficiency Learning-by-Doing Tools 109