Altice Moves Key Assets Beyond Creditors' Reach
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
Category : Search result: corporate restructuring
Corporate America Q3 2023 Performance Analysis
Corporate America shows resilience in Q3 2023 with strong earnings despite economic challenges. Discover key trends, sector performance, and future outlook for US companies.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
Sitharaman Reviews MCA, Directs Transparency Boost
FM Nirmala Sitharaman urges MCA to simplify processes, build a live dashboard for transparency, and fast-track services to realize India's developed nation vision. Read more.
HP to Cut 6,000 Jobs, Save $1B Annually with AI
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
Apple cuts sales jobs in rare workforce reduction
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
Congress Restructures Party Committees in Tamil Nadu
AICC observer T Bellaiah Naik announces Congress party restructuring in Namakkal districts to strengthen organization horizontally and vertically across India.
Bengaluru Governance Committee Studies GBA Expansion Areas
Restructuring committee head B S Patil reveals study of new areas for Greater Bengaluru limits. Learn about the implementation progress and future plans for Bengaluru's governance transformation.
CBS Cancels 'Saturday Morning' After 28 Years
CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.
Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Kirin Leads Bira91 Restructuring Amid Financial Crisis
Japan's Kirin Holdings is leading stakeholder discussions to restructure B9 Beverages, including management changes and business strategy overhaul as Bira91 faces funding crunch.
Private Credit Lenders Take Over 48Forty Solutions
Private credit lenders including Antares Capital, KKR, BlackRock and Carlyle are set to take control of 48Forty Solutions in a debt-for-equity swap that will remove $1 billion from the company's balance sheet. Learn how this restructuring will reshape the
Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Greater Bengaluru: 5 Corporations, 369 Wards Approved
Karnataka cabinet approves BBMP restructuring into 5 municipal corporations with 369 wards. Major administrative overhaul for Bengaluru's urban governance. Read details.
India Plans Autonomous Aviation Regulator Like SEBI, TRAI
India initiates major aviation safety reform by restructuring DGCA into an autonomous Civil Aviation Authority with funding powers and enhanced consumer protection mechanisms.
US Education Dept Restructured: Key Programs Moved
Major US education programs are being shifted from the Department of Education to other federal agencies. This quiet restructuring could reshape support for millions of American students. Learn the impacts now.
TVS Supply Chain Targets 4% Margin After Global Reset
TVS Supply Chain Solutions completes global restructuring, aims for 4% profit margin by FY27 through cost savings and high-margin business expansion. Read full analysis.
Target cuts 2025 profit forecast, shares fall
Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.
US Education Dept Transfers 6 Major Programs to Other Agencies
US Department of Education initiates major restructuring, transferring 6 key grant programs to other departments. Historic move signals potential dismantling of federal education agency.
Verizon Layoffs: 15,000 Jobs Cut Amid Restructuring
Verizon announces 15,000 job cuts targeting management roles as subscriber growth slows. New CEO Dan Schulman leads restructuring amid rising competition.
Verizon Plans 15,000 Job Cuts in Turnaround Strategy
America's largest telecom Verizon plans 10,000-15,000 job cuts next week as new CEO Dan Schulman implements aggressive turnaround strategy. Read exclusive details.
Deloitte exec's overwork caused Lyme disease: 8 months bedridden
Indian-origin Deepa Purushothaman's corporate success came at a cost: 100-hour work weeks triggered dormant Lyme disease, leaving her bedridden for 8 months. Her story redefines success.
Biocon Hits 52-Week High on Biologics Restructuring News
Biocon stock jumps over 4% as company reviews Biologics IPO and merger options to unlock shareholder value and reduce debt. Latest market updates and analysis.
Kinara Capital seeks majority stake sale for survival
Debt-laden Kinara Capital is in talks to sell a majority stake to strategic investors. The NBFC aims to raise funds to restart lending and resolve its ₹1,400 crore debt crisis.
Paramount Announces Full Return to Office Policy
Paramount prepares for full office return with temporary remote work from Dec 1 to Jan 2. New RTO policy effective January 5, 2026. Read details about the corporate restructuring.
Vedanta Demerger: NCLT Reserves Order After Govt Objection
NCLT Mumbai reserves order on Vedanta's proposed demerger after Petroleum Ministry raises concerns over financial risks and asset misrepresentation. Key details inside.
600 Paramount Staff Quit Over Return-to-Office Policy
Paramount's strict return-to-office policy leads to 600 employee exits, costing $185 million in severance. Discover how the media giant's post-merger strategy is reshaping Hollywood work culture.
First Brands Seeks New Invoice Financing After Fraud
Bankrupt auto supplier First Brands Group is reviving invoice financing despite previous fraud allegations. Learn how this move could provide cheaper liquidity.
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