Reorganisation & Restructuring – Page 16

CCO to Split Management of US and International Units

by Helen Vince

Clear Channel Outdoor (CCO) is to separate the management of its US and international businesses, just three years since the two units were brought under the control of a single CEO. William Eccleshare, who …

Tags:ClearChannel| Large Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 10

Microsoft to Close Two China Phone Plants

by Helen Vince

Microsoft is reported to be planning to close two mobile phone manufacturing factories in Dongguan and Beijing, China by the end of this month. The two plants were previously operated by Nokia and came …

Sony to Spin-Off Consumer AV Unit in 3 Year Turnaround Plan

by Helen Vince

Sony outlined its latest three year turnaround plan this week, which will see the company spin-off its video and sound business in October 2015. The unit is responsible for Sony’s home audio products, including …

Tags:Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| sony| Vol 22 - Issue 08

E Ink Closes Hydis Factories

by Helen Vince

E Ink Holdings (EIH) is in talks with employee representatives of Hydis Technologies over the closure of two factories at its South Korean subsidiary, with the loss of more than 300 jobs (Hydis Closes …

Tags:E Ink| ePaper| Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 08

Radio Shack Enters Bankruptcy and Morphs Into Sprint

by Norbert Hildebrand

RadioShack, the US-based electronic retail chain, has entered Chapter 11 bankruptcy protection. The company sells everything electric from batteries and electronic toys to mobile phones and TVs, as well as electronic components for hobbyists …

Tags:Mobile Display Monitor| Reorganisation & Restructuring| Retailers| USA| Vol 22 - Issue 07

Sony Cuts Loss Forecast but Also Cuts More Jobs

by Vanessa Browning

Sony says it expects to record an annual net loss this year of ¥170 billion ($1.4 billion), a considerable improvement on the company’s previous forecast of a net loss of ¥230 billion ($1.9 billion). Sony cited …

It’s Official: Toshiba Leaves North American TVs

by Tom Allen

Toshiba is to cease TV development and sales in North America, and will be licensing its TV business in the region to Compal. New products will begin to arrive in March. Toshiba also has …

TCL Corporation to Restructure its Businesses

by Helen Vince

TCL Corporation says it is to restructure its operations into 11 entities, deemed the “7 plus 3 plus 1 structure”, with seven entities focusing on the product businesses, three on the service businesses and one …

IBM to Cut 25% of its Workforce?

by Helen Vince

IBM has denied a report by Forbes that it is planning to cut more than 100,000 jobs, as much 26% of its workforce, describing the idea as “totally ludicrous”. However, several IBM sites across the …

Tags:IBM| Large Display Monitor| Mobile Display Monitor| Reorganisation & Restructuring| Vol 22 - Issue 05

Sony to Cut More Smartphone Unit Jobs

by Helen Vince

Sony is planning a further 1,000 job cuts in its loss-making smartphone business in Europe and China, in addition to the 1,000 job losses announced last October. Reports suggest that the main regions to …

Sony Given Extra Time to File Q3 Results

by Helen Vince

Sony has been granted an extension to the deadline for submitting its third quarter results, which the company said was necessary following a serious disruption of its network systems, caused by a cyber-attack against …

Sony Mulling Sale of Loss-Making Businesses

by Helen Vince

Sony is reported to be considering a restructuring of its business which could see the loss-making smartphone and TV businesses being sold off. According to a Reuters report, CEO Kazuo Hirai and his senior …

Tags:Mobile Display Monitor| Reorganisation & Restructuring| sony| Vol 22 - Issue 03