Topic
corporate restructuring
Microsoft cuts 4,800 jobs and overhauls Xbox division to reduce costs
Microsoft is eliminating thousands of roles and divesting several game studios as part of a major overhaul to address falling margins and a shifting tech landscape.
Proposed Merger Of Korean Cinema Chains Lotte & Megabox Collapses
The proposed integration of South Korea's second and third-largest cinema chains has collapsed following the expiration of an MOU. The failure leaves Megabox facing corporate rehabilitation and Lotte to pivot toward independent growth.