Tag

Shakeup

All articles tagged with #shakeup

technology1 year ago

"Longest-Serving Apple Designer Retires Amid Cost-Cutting and Team Disbandment"

Apple's longest-serving senior designer, Bart Andre, is retiring, marking the near-complete turnover of the former design team of Jonny Ive. His departure adds to a series of changes and departures within Apple's industrial design team, causing unrest due to cost-cutting measures and the oversight of the team by an operations person. Andre, known for his contributions to the aesthetic of Apple products over the past three decades, is one of the biggest holders of Apple patents.

sports2 years ago

"Warriors Acknowledge Need for Change After Devastating Loss to Pelicans"

After suffering two consecutive blowout losses and struggling with a 17-20 record, Stephen Curry acknowledges that the Golden State Warriors might need a shakeup. The team's confidence is lacking, and they are currently in 12th place in the Western Conference. With Draymond Green's return on the horizon, the Warriors hope to regain their competitive edge and turn their season around.

business2 years ago

Tellurian Shakeup: New President Named as Founder Souki Ousted

Tellurian, a U.S. liquefied natural gas (LNG) developer, has appointed a new president and general counsel following the recent ousting of co-founder Charif Souki as chairman. The company's shares dropped 15% as investors reacted to the shake-up, which sees co-founder Martin Houston taking over as chairman and Daniel Belhumeur becoming president. Tellurian will pay Souki at least $6 million in cash as part of his removal from all executive roles. The company has struggled to attract customers and investors for its Driftwood LNG project, and its stock has more than halved in value this year.

sports2 years ago

"Michigan Surges Past Ohio State in College Football Power Rankings"

In the latest College Football Power Rankings, Michigan has jumped ahead of Ohio State to reclaim the No. 2 spot. The top eight teams remain largely unchanged, with Georgia leading the rankings. Other notable developments include the four-way tie for second place in the Big 12 and the impressive performances of LSU's Jayden Daniels and Alabama's Jalen Milroe.

business2 years ago

Miramax CEO Bill Block Abruptly Departs in Shocking Shakeup

Miramax CEO Bill Block will be leaving the company this week as his contract expires, signaling a major shakeup at the film studio. Block, who was appointed CEO in 2017, has been instrumental in transforming Miramax into a prolific generator of original projects and doubling revenues since then. The future direction of Miramax is expected to focus more on the distribution of its film library and projects based on its intellectual property.

politics2 years ago

DeSantis Shakes Up Campaign Team, Replaces Manager in Bid to Catch Trump

Florida Governor Ron DeSantis is replacing his campaign manager Generra Peck with James Uthmeier, the chief of staff for his gubernatorial office, as part of a continued shakeup of his struggling 2024 presidential campaign. Uthmeier is known for being a trusted adviser and enforcer of DeSantis' agenda, and the change in leadership aims to position DeSantis for success in the primary and against President Joe Biden.

business2 years ago

Lyft considers cutting Citi Bikes and scooters to reduce costs

Lyft is reportedly considering selling or finding an investor for its fleet of 68,000 Citi Bikes and scooters as part of a cost-cutting shakeup led by CEO David Risher. The maintenance costs of the fleet are seen as a distraction from Lyft's core ride-share business. The company has received strong interest in its bikes and scooters business, which contributed to $4.1 billion in revenue in 2022. Risher has been focused on closing the gap with rival Uber and has already implemented severe cost-cutting measures, including laying off over 1,000 employees. Lyft will release its second-quarter earnings on August 8.

gaming2 years ago

Pokemon Studio Creatures Inc. undergoes major leadership shakeup

Creatures Inc, a controlling interest in the Pokemon franchise, has undergone a significant shakeup as its CEO/President and Executive Vice President have both stepped down. Yuji Kitano and Tomotaka Komura will take over their roles respectively. Creatures Inc is largely credited with creating the models for the Pokemon themselves and developed the 3DS Detective Pikachu title. The studio is reportedly working on the long-promised sequel to that game.