Fair Isaac told the SEC it will cut about 15% of positions companywide, citing fewer management layers, a simpler structure and AI-driven product development. Employees began receiving notice the week of October 5.
AI-computing company Blaize disclosed in an SEC filing that it is carrying out a restructuring that includes a reduction in force affecting about 26% of its employees, with expected annual savings of $7.5 million to $8.4 million.
Disney is planning another restructuring of its television business that could consolidate divisions and cut hundreds of jobs, The Wall Street Journal reported. The plan is not final, and Disney had not commented.
Nike says a multi-year program called Pace will leave it with fewer roles while it reorganizes into three geographies and opens a campus in Bengaluru. The company says it does not yet know how many roles are affected or where.
Starbucks is closing about 250 North America coffeehouses, roughly 1% of the region's stores, and separately plans a technology hub in Chennai, India. The company has not linked the two moves.
