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...
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All posts tagged "Restructuring"
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...
Business
GM plans on terminating about 4,000 workers in its North American operations, part of a broader series of cuts that are expected to save...
Business
General Motors’ stunning announcement in November that it planned to close up to five assembly plants in North America and slash its workforce hit...
World
Germany’s largest lender Deutsche Bank said Thursday it will slash over 7,000 jobs globally and dramatically scale back its investment banking activities as it...
Business
A recent study showed that 69 percent of laid-off employees would have utilized career transition services, had they been offered to them. For small-to-medium...
World
Venezuela on Friday called foreign creditors to a November 13 meeting in Caracas aiming to restructure its estimated $150 billion debt, as credit-rating agencies...
World
Venezuela has called its foreign creditors to a meeting November 13 in Caracas in an effort to restructure its estimated at $150 billion debt,...
Business
Needless to say, after the announcement, Cisco’s shares fell in after-hours trading after the company predicted a steeper-than-expected drop in sales and lower-than-predicted profits...