Nestle chairman says no major restructuring planned after shake-up
NO major restructuring is planned at Nestle, following the Swiss foodmaker’s decision to replace chief executive officer Mark Schneider with ...
Tag: Restructuring
GoPro to cut 15% of workforce in restructuring push
ACTION camera maker GoPro said on Monday (Aug 19) it would cut about 15 per cent of its workforce this ...
Porsche agrees to provide capital in battery maker’s restructuring deal
GERMAN battery maker Varta said on Saturday (Aug 17) it had reached a restructuring agreement with its creditors, bringing on ...
Cancer test maker Grail cuts 350 jobs as part of restructuring programme
GRAIL said on Tuesday (Aug 13) it has cut about 350 existing jobs as the diagnostics company focuses on the ...
Nutryfarm International enters into restructuring agreement with investor
NUTRYFARM International, which is under judicial management, has entered into a restructuring agreement with investor Corpbond IV to settle its ...
Corporate restructuring and AI present investment opportunities, say panellists at BT’s Mark to Market ‘Live’
INVESTORS should keep an eye out for value-creating corporate restructurings and artificial intelligence (AI) plays, said panellists at The Business ...
French tech group Atos reaches restructuring deal giving creditors control
ATOS’ creditors reached an agreement with the company that will see them take control of the embattled French IT services ...
India’s Tata Steel Q4 profit falls on lower prices, restructuring expenses
INDIA’S Tata Steel reported a fall in fourth-quarter profit on Wednesday (May 29), pressured by lower steel prices and restructuring ...
Newly privatised Toshiba to cut 4,000 jobs in restructuring drive
JAPAN’S Toshiba said on Thursday (May 16) it will cut up to 4,000 jobs domestically as the industrial conglomerate accelerates ...
Luminar to cut nearly 20% jobs as part of restructuring
LUMINAR Technologies, a maker of lidar sensors for self-driving cars, said on Friday (May 3) that it would cut its ...
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