Rebrands workforce as 'Reinventors'
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Rebrands workforce as 'Reinventors'

Accenture rebrands its 800,000 employees as 'reinventors' amidst a company-wide AI pivot.

Cutting Back Office Staff 10%
Featured

Cutting Back Office Staff 10%

Clifford Chance cuts 10% of back-office staff, citing AI integration and offshoring.

Pivots to AI data centers
Featured

Pivots to AI data centers

Bitfarms is shifting from Bitcoin mining to AI, starting with its Washington site.

Reorganizes as Benefit Corporation
Featured

Reorganizes as Benefit Corporation

OpenAI has restructured as a public benefit corporation, balancing profit with societal benefit.

restructure news

AI is reshaping industries, prompting widespread restructuring and job cuts across sectors like law, tech, and finance. Companies such as HP, Nokia, and Deepwatch are pivoting towards AI, while OpenAI reorganises to advance AGI. Simultaneously, firms are automating tasks, leading to workforce reductions and a growing demand for AI-related skills.

Recent restructure events

Rebrands workforce as 'Reinventors'

Rebrands workforce as 'Reinventors'

Accenture rebrands its 800,000 employees as 'reinventors' amidst a company-wide AI pivot.

Read more about Rebrands workforce as 'Reinventors' →
HP Announces Restructuring, AI Focus

HP Announces Restructuring, AI Focus

HP will cut up to 6,000 jobs as it pivots towards artificial intelligence.

Read more about HP Announces Restructuring, AI Focus →
Cutting Back Office Staff 10%

Cutting Back Office Staff 10%

Clifford Chance cuts 10% of back-office staff, citing AI integration and offshoring.

Read more about Cutting Back Office Staff 10% →
Restructuring to focus on AI

Restructuring to focus on AI

Nokia focuses on AI networking infrastructure amidst AI boom.

Read more about Restructuring to focus on AI →
Separates AI operations into unit

Separates AI operations into unit

Nokia splits AI business after Nvidia's $1B investment to focus on AI-driven growth.

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Job Cuts Loom Amid AI

Job Cuts Loom Amid AI

Dutch banks to cut jobs amid AI adoption and cost drives.

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Pivots to AI data centers

Pivots to AI data centers

Bitfarms is shifting from Bitcoin mining to AI, starting with its Washington site.

Read more about Pivots to AI data centers →
Deepwatch prioritises AI, cuts staff

Deepwatch prioritises AI, cuts staff

Deepwatch cuts staff to boost AI investment amid cybersecurity sector shifts.

Read more about Deepwatch prioritises AI, cuts staff →
Cutting staff, embracing AI solutions

Cutting staff, embracing AI solutions

Vista Equity Partners will reduce staff by implementing AI for investor presentations and data tasks.

Read more about Cutting staff, embracing AI solutions →
Reorganizes as Benefit Corporation

Reorganizes as Benefit Corporation

OpenAI has restructured as a public benefit corporation, balancing profit with societal benefit.

Read more about Reorganizes as Benefit Corporation →