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The management changes are part of a bigger restructuring of senior executives at the automaker.
Ahead of its Q4 earnings and a bigger restructuring on the cards, Yahoo is downsizing in its regional operations, specifically in Latin America.
We first heard of the two departures by way of a tip that also hinted at a bigger restructuring by Beard.
They are part of a bigger restructuring that reports said could also include selling all or a part of FreeCharge, although Snapdeal has denied this to TechCrunch.
Today, Android OEM Sony announced that its loss-making mobile handset division Sony Mobile Communications would be laying out 15% of its workforce — 1,000 people approximately — as part of a bigger restructuring.
The startup — backed by the likes of eBay, Alibaba and Softbank and last valued at $6.5 billion — issued a statement today confirming that it is laying off staff as part of a bigger restructuring.
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The company, the world's biggest drug maker, said first-quarter profit fell 18percentto to $2.78 billion, or 41 cents a share, from $3.39 billion, or 48 cents a share, a year earlier, when it took a big restructuring charge.
Before a big restructuring at the beginning of this century, it has been estimated that Unilever, a consumer-goods firm, had 36 tiers of management.
This week he promised a big restructuring, admitting that Xerox has "an unsustainable business model, and there is nothing we are not looking at".
And in a big restructuring of the city's textile industry, once the mainstay of its economy, some 220,000 workers were laid off last year.
See articleYahoo! also unveiled a big restructuring that will result in 2,000 job cuts, the most in its 17-year existence.
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