Organizational change

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Microsoft plans 'substantial' job cuts across Xbox division
Fox Business· 2025-06-25 17:20
Group 1 - Microsoft is planning substantial job cuts in its Xbox division as part of an ongoing reorganization, marking the fourth downsizing in 18 months [1] - The company has been reducing its workforce over the past two years to streamline processes and improve efficiency, with nearly 6,000 layoffs announced in May 2023 [4][7] - Executives in the gaming unit are under pressure to increase profitability following the $69 billion acquisition of Activision Blizzard in 2023 [9] Group 2 - The layoffs began in 2023 as the tech sector adjusted after over-hiring during the pandemic, with Microsoft cutting 10,000 jobs in response to macroeconomic conditions [7] - Microsoft has faced legal challenges regarding its acquisition of Activision Blizzard, but recently won a legal battle against the Federal Trade Commission [10]
Peloton Interactive, Inc. (PTON) Presents at Bank of America Global Technology Conference Transcript
Seeking Alpha· 2025-06-04 19:17
Company Overview - Peloton Interactive, Inc. is actively engaging in new initiatives, including the launch of outdoor runs from Peloton Studios in New York, coinciding with Global Running Day [2]. Leadership and Organizational Changes - The new CEO, Peter C. Stern, has acknowledged the strength of the existing team and expressed gratitude towards previous leadership for their recruitment efforts [4]. - A significant organizational change includes the hiring of a new Chief Operating Officer, Charlie Kirol, aimed at improving supply chain operations [5].
Coty(COTY) - 2025 Q3 - Earnings Call Transcript
2025-05-07 13:02
Coty (COTY) Q3 2025 Earnings Call May 07, 2025 08:00 AM ET Company Participants Robert Ottenstein - Senior Managing Director & PartnerSue Nabi - CEOFilippo Falorni - Director - Equity ResearchLaurent Mercier - CFOBonnie Herzog - Managing Director Olivia Tong - Managing DirectorAshley Helgans - Senior Vice PresidentAnna Lizzul - Vice President - Equity Research Conference Call Participants Susan Anderson - Managing Director & Senior AnalystKorinne Wolfmeyer - Vice President & Senior Equity Research Analyst - ...
Coty(COTY) - 2025 Q3 - Earnings Call Transcript
2025-05-07 13:00
Coty (COTY) Q3 2025 Earnings Call May 07, 2025 08:00 AM ET Speaker0 My name is Chelsea, and I'll be your conference operator today. At this time, I would like to welcome everyone to CODI's Third Quarter Fiscal twenty twenty five Question and Answer Conference Call. As a reminder, this conference call is being recorded today, 05/07/2025 at 08:00 a. M. Eastern Time or 02:00 p. M. Central European Time. Please note that on May 6 at approximately 04:30 p. M. Eastern Time or 10:30 p. M. Central European Time, CO ...