Starbucks to close locations in Canada and U.S. due to restructuring
Starbucks is closing select locations in North America, including Canada, and eliminating around 900 non-retail jobs as part of a ...
Tag: Restructuring
Microsoft and OpenAI Agree on Non-Binding Restructuring Deal
Microsoft and OpenAI have reached a non-binding agreement to restructure their partnership, allowing OpenAI to transition to a for-profit model ...
OpenAI denies that it’s weighing a ‘last-ditch’ California exit amid regulatory pressure over its restructuring
OpenAI executives are considering relocating from California due to increased political resistance impacting their transition from nonprofit to for-profit status, ...
Volkswagen finance chief warns historic restructuring is not enough
Volkswagen's CFO, Arno Antlitz, emphasized that the company's significant restructuring efforts are not sufficient, warning against the risk of complacency ...
Intel To Slash Over 20% of Workforce in Major Restructuring Move
Intel plans to cut over 20% of its workforce this week, marking a significant restructuring under new CEO Lip-Bu Tan, ...
US Health Department To Cut 10,000 Jobs In Major Restructuring
The US health department plans to reduce its workforce by 10,000 employees to cut costs, shrinking from 82,000 to 62,000 ...
HSBC names Pam Kaur as first female CFO amid major restructuring
HSBC has appointed Pam Kaur as its first female finance chief, replacing interim CFO Jon Bingham starting January 1. The ...
Chinese developer Logan’s US$8 billion restructuring hinges on Hong Kong luxury tower loan
Chinese developer Logan Group faces a pivotal moment in its US$8 billion offshore restructuring, with a looming deadline to pay ...
Insights From The 2nd Annual Financial Restructuring MENA Conference
As the 2nd Annual Financial Restructuring MENA Conference kicked off at the Abu Dhabi Global Market (ADGM) building, industry leaders ...
News Summarized. Time Saved. Bite-sized news briefs for busy people. No fluff, just facts.