You Searched For "restructuring plans" and got 17 results
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1 min read
US court approves GCX restructuring plan
New Delhi, Dec 5 () Undersea cable firm Global Cloud Xchange, formerly a Reliance Communications' a…
PTI
2 mins read
Nokia to fire 10,000 employees globally over the next two years as it shifts investments to 5G, cloud and digital infrastructure
Nokia has announced it will lay off 10,000 employees in the next two years as part of its restructu…
1 min read
Investors cheer Raymond’s restructuring plan to reduce debt
Textile-to-engineering conglomerate Raymond announced a restructuring plan to merge some of its bus…
2 mins read
Tesla is seesawing after announcing a restructuring plan
Tesla remains the most popular stock on Wall Street for short-sellers, investors betting its price …
Graham Rapier
2 mins read
'The Retail Doctor' says Macy's restructuring plan is not bold enough
The department-store chain on Tuesday announced a restructuring plan aimed at reducing costs and sp…
Ethel Jiang
1 min read
Bankruptcies have hit the fastest pace since the Great Recession — and more companies are expected to file
This year alone, 98 companies have filed for bankruptcy, the most since 2009, according to Bloomber…
Carmen Reinicke
2 mins read
3M tumbles after slashing its forecast, announcing restructuring plan
"We continued to face slowing conditions in key end markets which impacted both organic growth and …
Jonathan Garber
1 min read
Adam Neumann got cut out of WeWork's restructuring plan
WeWork has a new plan to get out of bankruptcy — and it doesn't involve Adam Neumann, who wan…
Geoff Weiss
2 mins read
Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says
The US bank has held talks with potential asset management companies and private equity firms, but …
Shalini Nagarajan
3 mins read
We just got the latest indication that Wall Street loves GE's restructuring plan
"We think GE is on track to make significant progress towards the 2.5x net debt/ EBITDA target for …
Ethel Jiang
2 mins read
Hertz's Chapter 11 restructuring plan has been confirmed by a bankruptcy court, paving the way for a $1 billion shareholder payout
The car rental giant said on Thursday its restructuring plan has been confirmed by a bankruptcy cou…
Emily Graffeo
2 mins read
Wells Fargo's CEO is planning a major corporate restructure
And he has been busy in that regard, having had to grapple with negative attention from Rep. Katie …
Gregory Magana
2 mins read
Under Armour jumps after a blockbuster quarter shows its restructuring plan is working
Under Armour looks to be recovering after shares tumbled as much as 79% from their September 2015 p…
Ethel Jiang
1 min read
Macy's is cutting 100 management jobs as part of a restructuring plan that it expects to save $100 million annually
As part of its fourth-quarter earnings results on Tuesday, the department-store chain announced tha…
Mary Hanbury
2 mins read
Deutsche Bank slides after layoffs begin as part of its $8.3 billion restructuring plan
There have been other issues at the bank as of late. It's being investigated by both the US and Ger…
Carmen Reinicke
2 mins read
Jack Ma's Alibaba was once China's answer to Silicon Valley giants – but its turnaround plan appears to be in trouble
The Chinese tech firm was once Asia's most valuable company, but insiders say it's struggling with …
Hasan Chowdhury
2 mins read
Microsoft's Layoffs Are Not Yet Done
We incurred restructuring charges of $132 million and $1.2 billion during the three and six months …