Business
The US conglomerate General Electric, co-founded more than 130 years ago by Thomas Edison, is opening a new chapter in its history on Tuesday:...
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All posts tagged "Restructuring"
Business
Meta CEO Mark Zuckerberg said Tuesday the company plans to cut 10,000 employees, citing 2023 as the company's "year of efficiency.”
Business
What does a “CIO 2.0” look like? An industry inside provides the lowdown.
Business
J.C. Penny operates nearly 850 stores and it has nearly 90,000 employees. The company said late Friday it had an agreement with most of...
Business
In a statement on Monday, J. Crew said it has filed for Chapter 11 bankruptcy protection with $400 million in debtor-in-possession financing from its...
Business
In a statement posted on General Motors website on Sunday, the company said it would wind down sales, design and engineering operations in Australia...
Business
Tyson Foods’ first-quarter earnings were largely in-line with Wall Street forecasts Thursday, according to The Street. Quarterly warnings earnings came in at $1.66 per...
World
From Asia to the United States, disconsolate staff at Deutsche Bank dealt Monday with news of massive layoffs with some already heading to the...
Business
Europe’s carmakers are in a challenging position – one being the need to increase investments in electric, hybrid and autonomous vehicles while at the...
Business
Brick-and-mortar department stores are in a fiercely competitive environment. Even though Macy’s was able to top lowered expectations for its 4th-quarter earnings, same-store sales...