HMD Global is reportedly planning to exit several markets to address intense competition and operational pressures, marking a potential shift in its long-term business strategy.
Ubisoft is cutting nearly 100 jobs as part of a strategic restructuring effort to focus on core franchises and improve operational efficiency.
Samsung Electronics is exiting the automotive processor market to focus on mobile chips and image sensors following significant losses in its semiconductor divisions.
Microsoft CEO Satya Nadella confirmed his support for the ongoing restructuring at Xbox, which has already resulted in nearly 2,000 job cuts this year.
Apollo Global Management is scaling back operations at its trade finance subsidiary Eliant, winding down accounts receivable and supply-chain finance products.
Wallbox Chargers is shutting down its US production facility in Texas to consolidate manufacturing in Barcelona amid a debt restructuring process.
OpenMatter Network is restructuring its leadership team to accelerate global commercial expansion and subscription growth following the launch of its Verification Architecture platform.
Consensys is spinning off its MetaMask wallet into an independent company, though the move leaves questions about a potential IPO and a native token unanswered.
