You Searched For "restructuring" and got 15 results
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1 min read
Ola Electric cuts 500 jobs across verticals
"It has been going on for some time now, starting around July. It has been a gradual process of…
PTI
2 mins read
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
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
1 min read
Citigroup to cut 20,000 jobs in big corporate overhaul
Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…
3 mins read
Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the …
Ayelet Sheffey,Madison Hall
5 mins read
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
1 min read
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…
2 mins read
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
1 min read
Ray Dalio says the financial system will need 'big restructurings' soon as debt burdens become unsustainable
The current cycle is when "the tightening to fight inflation is causing a cracking in the financial…
Phil Rosen
1 min read
Carvana plunges 45% as major creditors reportedly form pact to cooperate on restructuring
Carvana's corporate debt issue maturing in 2029 is trading at just 32 cents, distressed levels that…
Matthew Fox
2 mins read
Country Garden, one of China's real-estate behemoths, could look at restructuring its debt after missing key interest payments this week: JPMorgan
Country Garden issued a profit warning on Thursday that is likely a "prelude to an ultimate credit …
Huileng Tan
1 min read
Meta reportedly announced a hiring freeze and warned employees of restructuring
Meta CEO Mark Zuckerberg had previously said that many teams would "shrink" this year in effort to …
Travis Clark
3 mins read
Insiders describe 'complete chaos' at Oracle following layoffs and restructuring
Inside Oracle's layoffs, potentially impacting thousands — those who haven't yet been laid of…
Jordan Parker Erb
2 mins read
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…
Huileng Tan
3 mins read
Cannabis org The Parent Company establishes restructured partnership with Jay-Z's Roc Nation and SC Branding
The Parent Company and Jay-Z's Roc Nation and SC Branding have established a revised strategic agre…