Tag #Corporate Restructuring

Showing 25 to 36 of 38 results

zeit.de
🌐 65% Global Worthiness
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Rewe to Close Frankfurt Bakery, 500 Jobs at Risk

Rewe Group plans to close its Frankfurt Glockenbrot bakery within three to five years, impacting 500 jobs, despite protests from employees and the NGG union; production will be transferred to Harry-Brot in Hamburg, with a new bakery planned in Erlensee near Hanau.

Progress

52% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 75% Global Worthiness
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Honeywell to Split into Three Independent Companies

Honeywell, a U.S. industrial conglomerate, announced it will separate into three independent companies by 2026, following pressure from Elliott Investment Management and mirroring similar restructuring by General Electric and Alcoa, to enhance agility and strategic focus.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Boeing Faces Pressure from Activist Investors and Potential Buffett Investment

Activist investors and potentially Warren Buffett are circling Boeing, creating pressure on the aerospace giant to address financial issues, manufacturing delays, and reputational damage caused by the 737 MAX grounding and the COVID-19 pandemic.

Progress

44% Bias Score

Decent Work and Economic Growth
nrc.nl
🌐 75% Global Worthiness
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Ebusco Cuts Jobs Amidst Financial Crisis and Market Manipulation Scandal

Facing financial difficulties, Dutch electric bus manufacturer Ebusco announced 102 job cuts on December 31st, 2024, following a €3 million fine levied against major shareholder Van Der Valk Investments for market manipulation; the company previously lost a legal battle with Qbuzz and faced componen...

Progress

40% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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BlackBerry Exceeds Earnings Expectations Amid Cylance Divestment

BlackBerry exceeded third-quarter revenue expectations at US$162 million, driven by strong cybersecurity and connected-car software performance, despite selling its loss-making Cylance unit for a significantly reduced price of US$120 million compared to its original US$1.4 billion acquisition cost s...

Progress

40% Bias Score

Decent Work and Economic Growth
lentreprise.lexpress.fr
🌐 85% Global Worthiness
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Vivendi's Restructuring: A Strategic Exit from CAC 40

Vivendi, primarily owned by Bolloré Group, is splitting into four entities, with Canal+ and Havas listing in London and Amsterdam respectively, leading to its removal from the CAC 40 and significant share price decline due to strategic stock exchange choices.

Progress

64% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Honeywell Stock Drops Despite Q4 Beat, Disappointing 2025 Guidance

Honeywell announced its split into three companies (aerospace, automation, advanced materials), exceeding Q4 revenue expectations at \$10.1 billion but experiencing a 5.5% stock drop due to a disappointing 2025 revenue projection of 1-4% organic growth.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Smiths Group to Sell Divisions, Return £350 Million to Shareholders

Smiths Group, facing pressure from Engine Capital, plans to sell Smiths Interconnect and Smiths Detection by the end of 2024, returning a large portion of proceeds to investors via share buybacks totaling £350 million in 2025, causing a 13.6 percent surge in its share price.

Progress

48% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Decline of Middle Management in US Companies Due to Cost-Cutting and AI"

Middle management positions in the US have decreased by 6% since the pandemic, with managers now overseeing three times more employees due to companies adopting leaner structures to cut costs and leverage AI, impacting career paths and employee development.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 75% Global Worthiness
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Folli Follie Restructuring Jeopardized by Asset Freeze

Folli Follie, under provisional administration since 2020, aims to complete its restructuring in 2024, projecting €60 million in turnover and €22 million in operating revenue; however, a court decision to unfreeze €35 million in assets was overturned, jeopardizing its future.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
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Amazon's Cost-Cutting Plan: 15% Reduction in Management Positions by 1Q25

Amazon plans to cut management positions by 15% by 1Q25 to save $2 billion-$4 billion, reflecting a larger trend toward leaner corporate structures driven by AI, cost pressures, and evolving employee preferences.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 90% Global Worthiness
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"Boeing Faces Internal Push for Breakup Amidst Stock Decline"

"Boeing, facing a 43% year-to-date stock decline due to manufacturing issues and safety concerns, is seeing an internal push for a company breakup, which analysts project could double its stock value."

Progress

56% Bias Score

Decent Work and Economic Growth

Showing 25 to 36 of 38 results