Restructuring exercise

In one of its most significant overhauls to date, Chinese tech firm Alibaba on Tuesday announced that it will be splitting into six business groups. Under the new arrangement, each of the six newly established businesses will be under the…

Vedantu laid off another 100 full-time employees from its sales teams last month as a part of a restructuring exercise, two people aware of the layoffs confirmed to ET. This is the third round of layoffs at the Bengaluru edtech unicorn,…

<!-- -->Airtel has withdrawn the scheme it had earlier announced for a new corporate structureNew Delhi: Bharti Airtel on Tuesday said the scheme for a new corporate structure it had announced on April 14, 2021 has been "withdrawn" as…