reorganization

AOL to announce company reorg, report says

AOL Chief Executive Tim Armstrong will reportedly unveil a reorganization for the beleaguered Internet pioneer later this week that will combine the dial-up Internet service business with its Web services.

In addition to the AOL services group, three other business units will be created under the new structure, Armstrong told Bloomberg in an interview. Those units will consist of advertising, local services, and the Huffington Post media group, he said.

"We had AOL services split up between multiple groups," Armstrong told Bloomberg. "We have decided that putting them into the same structure, with the same cohesion, will … Read more

Facebook reorganizing to focus on privacy, communications?

Facebook is performing a major corporate reorganization to focus on key products such as privacy and communication, according to an AllThingsD report.

A memo regarding the reorganization was sent to employees today, unidentified sources told AllThingsD.

In response to a query from CNET, Facebook gave this brief statement, making reference to CEO Mark Zuckerberg:

We can confirm that in order to streamline the product development process, we have reorganized our technical teams into product groups that report into Mark. These groups will be lead by Bret Taylor, Chris Cox, Greg Badros, Mike Schroepfer and Sam Lessin.

The executive structure at … Read more

Yahoo's press release on Bartz firing

The text of Yahoo's announcement of a management reorganization that saw Tim Morse replacing Carol Bartz as CEO.

SUNNYVALE, Calif.--(BUSINESS WIRE)-- Yahoo! Inc. (NASDAQ:YHOO - News), the premier digital media company, today announced a leadership reorganization under which the Board of Directors has appointed Timothy Morse interim Chief Executive Officer, effective immediately, replacing Carol Bartz, who has been removed by the Board from her role as Chief Executive Officer.

The Board has also named key senior Yahoo! executives to a newly formed Executive Leadership Council tasked with supporting Morse in managing the Company's day-to-day … Read more

AOL reorgs again; sales boss Jeff Levick out

Yet another management shuffle at AOL, which has been doing this consistently since CEO Tim Armstrong arrived from Google two years ago. The newest headline: sales chief Jeff Levick, one of Armstrong's key initial hires, is out, replaced by his former deputy Ned Brody.

Other departures include two recent hires: Lauren Hurvitz, brought on last fall to run PR; and HR head Kathy Andreasen, who joined at the same time.

Unlike the last round of body-moving at AOL, this one doesn't seem to be prompted by the company's acquisition of Huffington Post; unless I'm missing something … Read more

Cisco to shed 14 percent of workforce

Cisco Systems announced today it would cut about 14 percent of its global workforce, or about 11,500 employees, as part of a widely expected reorganization.

The network-gear maker expects to save $1 billion a year by eliminating 6,500 jobs, including 2,100 employees who opted to participate in an early retirement program. The cuts, which were greater than the rumored figure circulating last week, include a 15 percent reduction in employees at the vice president level or higher, the company said.

The San Jose, Calif.-based company also plans to eliminate about 5,000 jobs by selling its … Read more

Panasonic outlines plans for reorg

Panasonic has outlined reorganization plans as part of its effort to boost revenue.

The company will reduce its current five divisions into three: Consumer, Components and Devices, and Solutions. By doing so, Panasonic says that it is more effectively "putting customers' perspectives in the center."

Panasonic's decision to reorganize its operation comes at a time when it's actually performing well financially. The company said today that it generated nearly 8.7 trillion yen in revenue during the fiscal year that ended March 31, easily besting the previous year's revenue of 7.4 trillion yen ($106.… Read more

Making sense of Microsoft's reorg

The exit of Microsoft's two top entertainment executives on Tuesday has many wondering just what is going on within Redmond's executive offices.

Although Microsoft reorganizes itself in some way on a nearly annual basis, the departure of both Robbie Bach and J. Allard is clearly a big deal. Bach, 48, had spent two decades at Microsoft and was one of its four divisional presidents, while the 41-year-old Allard was a key visionary behind the Xbox game console and other Microsoft consumer efforts.

The move comes at a critical time for Microsoft, which this year has on tap the … Read more

Nokia to reorganize...again

Hit by a tough market and rough competition, Nokia is hoping that yet another reorganization will shake up the status quo.

The Finnish handset maker announced Tuesday that it will reorganize itself into what it calls a "simplified company structure." To better distinguish its various mobile phones and services, Nokia will revamp its business units into three separate entities--Mobile Solutions, Mobile Phones, and Markets.

The new Mobile Solutions unit will handle Nokia's high-end mobile computer and smartphone products, which run under the Symbian and new MeeGo operating systems. The revamped Mobile Phones unit will turn its attention … Read more

Dell forms communications unit

Showing it's serious about smartphones, Dell is reorganizing the company around its newest product.

Dell is forming a new communications business unit to be helmed by Ron Garriques, a former Motorola executive brought in to run Dell's consumer business two years ago, Reuters first reported Friday. Dell officials confirmed that the consumer group will be folded into the small and medium business group run by Steve Felice.

Dell started selling its first smartphone at the end of November in China and Brazil only. The new unit run by Garriques will develop hardware and software for phones and other … Read more

Nokia Siemens eyeing cost cuts, layoffs

Damaged by lower sales, huge operating losses, and a falling market share, Nokia Siemens Networks is pinning its hopes on a major reorganization.

The network equipment maker, jointly owned by Nokia and Siemens, announced Tuesday that it will lay off 5,700 employees and cut its five business units to three as part of a plan to slash expenses by 500 million euros ($740 million) by the end of 2011.

The layoffs will represent around 7 percent to 9 percent of the company's 64,000 global employees and is likely to be felt across all countries in which Nokia … Read more