Stories Tagged: restructuring

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GM's Struggles Continue: Layoffs at Cruise Amidst Restructuring and Mary Barra's 10th Year as CEO

General Motors (GM) is facing a series of challenges that are putting the company's future at... (3 revisions)

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HSBC Announces $3 Billion Stock Buyback Amid Strong Q3 Results

HSBC has announced a significant $3 billion stock buyback following a robust third-quarter... (4 revisions)

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SAS Completes Chapter 11 Bankruptcy Exit and Restructuring

Scandinavian airline SAS has successfully exited Chapter 11 bankruptcy proceedings after more... (4 revisions)

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Jack Dorsey Steps Down from Bluesky Board Amidst Restructuring Efforts

Block, the payments company co-founded by Jack Dorsey, is planning to lay off up to 10% of its... (5 revisions)

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Chegg Announces Headcount Reduction and Restructuring, Shares Jump Over 9%

Peloton Interactive Inc shares fell to a record low after CEO Barry McCarthy announced plans to... (7 revisions)

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Chinese EV Startup WM Motor Faces Operational Challenges, US Electric Scooter Company Bird Files for Bankruptcy, and Fisker Files for Chapter 11 Bankruptcy

Chinese electric vehicle (EV) startup WM Motor has filed for a pre-restructuring process, citing... (8 revisions)

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Interscope Capitol Labels Group Announces Promotions and Restructuring: A Look at Lee Trink and the Transformative Paths in Entertainment and Media

Steve Berman and Annie Lee have been elevated to primary positions within the Office of Chairman... (8 revisions)

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Indonesia's Prabowo Subianto Tackles $186 Billion SOE Debt Amid Green Fund Plans

Indonesia's President-elect Prabowo Subianto is navigating a complex economic landscape as he... (9 revisions)

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Rite Aid's CEO Payout Becomes Point of Contention as the Company Seeks to Exit Bankruptcy

Rite Aid's lenders are demanding a reduction in CEO Jeffrey Stein's proposed $20 million payout... (18 revisions)

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USPS Implements Aggressive Price Hike as Part of Financial Overhaul

The United States Postal Service (USPS) has embarked on an aggressive price hike as part of its... (19 revisions)

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BHP's Pursuit of Takeover of Anglo American Falls Through, Jefferies Downgrades Anglo American

BHP Group Ltd., the world's largest mining company, has failed in its attempt to acquire Anglo... (31 revisions)