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Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy
A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…
Lian Kit Wee,Will Martin
Adam Neumann's new startup is reworking WeWork's old business model
Adam Neumann's residential real estate startup Flow is getting into the shared coworking business, …
Grace Eliza Goodwin,Geoff Wei…
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
Patagonia lays off staff and launches a 'business transformation' to set it up for the next 50 years
Patagonia CEO Ryan Gellert told staff in an internal email that the company was not immune from the…
Polly Thompson
Hindustan Zinc proposes to create separate entities as part of restructuring
The Board of Directors of Hindustan Zinc have decided that considering the scale, nature, and poten…
My husband retired 5 years ago and I still run my own business. Our schedules are different, but we make it work.
Her husband retired five years ago, and she still runs her own business. She loves the work she doe…
Cailey Griffin
The demise of Red Lobster is a perfect case study in how to kill a business
Red Lobster may be headed toward bankruptcy, but its business problems go far beyond all-you-can-ea…
Emily Stewart
The way companies handle layoffs is brutal and bad for business
Frog-marching employees out the door and disappearing them on Slack is not only degrading to employ…
Aki Ito
Jack Altman led his software unicorn Lattice through blitzscaling and a restructuring. Now he's stepping back at a crucible moment for tech.
Jack Altman tells Business Insider exclusively that he wants to return to building at the early sta…
Melia Russell
Sundar Pichai asks Google employees to brace for more job cuts
Google CEO Sundar Pichai has reportedly warned employees to brace themselves for more job cuts this…
Amazon India lays off 400-500 employees as part of global restructuring
Amazon India has laid off up to 500 employees from Amazon Web Services (AWS) and the HR and support…
Sam Bankman-Fried's FTX wants to sell some of its last remaining solvent businesses as its restructuring process picks up
The troubled firm wants to sell several subsidiaries, including US derivatives platform LedgerX.
Morgan Chittum
Facebook-backed Meesho lays off 150 employees in restructuring of grocery business
Facebook-backed ecommerce company Meesho has laid off 150 employees from its grocery business, whic…
Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta
Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…
Huileng Tan
Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise
Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…
Investors cheer Raymond’s restructuring plan to reduce debt
Textile-to-engineering conglomerate Raymond announced a restructuring plan to merge some of its bus…
An AI-generated rat with a giant penis highlights a growing crisis of fake science that's plaguing the publishing business
Fake science can make it into reputable journals, due to the pressures of the publishing business. …
Morgan McFall-Johnsen
I earned up to $130K in tech roles, but the jobs felt fake. Here's why I think startups hire people to build a brand only to fire them later on.
Celia Arias says her tech roles felt fake and she realized some startups would hire workers, build …
Ananya Vahal
SBI’s core business stays strong despite one-time hit on account of higher wage costs in Q3
India’s largest bank SBI saw its third quarter profits slip by 35.5% as it took a ₹7,100 exceptiona…
Alibaba shares surged 16% on hopes that the Chinese tech giant's restructuring means Beijing's tech crackdown is finally ending
The Hong Kong Stock Exchange-listed Alibaba shares closed 12% higher, while shares of its major sha…