Title: Tech Giant Announces Reorganization Plan #

Tech giant [Company Name] has announced a major reorganization plan. The plan aims to streamline operations and focus on core business areas. As part of the plan, several business units will be merged or eliminated, leading to job cuts. The company hopes to improve efficiency and better position itself in the competitive market. This move comes as [Company Name] looks to adapt to changing industry dynamics and invest in future growth opportunities. The reorganization plan is expected to be implemented in the coming months.