Tag #Restructuring

Showing 1 to 12 of 160 results

sueddeutsche.de
🌐 85% Global Worthiness
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Air France-KLM Acquires Stake in Restructuring SAS Airline

Facing bankruptcy in 2022, SAS, once a joint venture between Norway, Sweden, and Denmark, saw Air France-KLM acquire nearly 20 percent in early 2024 after a restructuring, with plans for majority ownership pending regulatory approval expected in the second half of 2026; Lufthansa's prior rejection d...

Progress

36% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Hundreds of NHS bodies to be scrapped under new health strategy

The UK government will scrap 201 NHS organizations in England, including Healthwatch England and the National Guardian's Office, to simplify the system and improve patient care as part of Labour's 10-year health strategy, also trialing a scheme to link hospital funding to patient satisfaction rating...

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56% Bias Score

Good Health and Well-being
news.sky.com
🌐 75% Global Worthiness
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River Island to Close Stores, Putting Hundreds of Jobs at Risk

River Island, facing a £33.2 million pre-tax loss and declining turnover, plans to close 33 stores and potentially 70 more to adapt to online shopping and rising costs, putting hundreds of jobs at risk and reflecting broader challenges for high street retailers.

Progress

40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Poundland to Close 68 Stores, Jeopardizing 1,000+ Jobs

Poundland, a British discount retailer, will close 68 stores and two distribution centers, impacting over 1,000 jobs, as part of a turnaround plan involving rent negotiations that could result in further closures, following its sale to Gordon Brothers.

Progress

40% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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Baywa Sells Cefetra, Reducing Debt by 650 Million Euros

Baywa, a German conglomerate, is selling its Dutch subsidiary Cefetra to First Dutch for 125 million euros, reducing its debt by 650 million euros; the sale is expected to be completed in the third quarter of 2025.

Progress

40% Bias Score

Reduced Inequality
news.sky.com
🌐 75% Global Worthiness
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River Island's Financial Crisis Prompts Restructuring Plan

River Island, a British fashion retailer, reported a £33.2 million pre-tax loss and a 19% turnover drop in 2023, prompting a restructuring plan by PwC that may result in store closures and job losses within weeks.

Progress

44% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 75% Global Worthiness
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SFR Sale Rumors Swirl Amid Altice France Restructuring

Altice France CEO Arthur Dreyfuss declined to deny rumors of a potential SFR sale amid Altice's financial restructuring, aiming to reduce its debt by €8.5 billion by ceding 45% equity. Employee concerns focus on job security and the future of the company.

Progress

44% Bias Score

Decent Work and Economic Growth
elpais.com
🌐 75% Global Worthiness
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Spanish Football Federation Dismisses Entire Refereeing Committee Amidst Criticism

Following widespread criticism, particularly from Real Madrid, the Royal Spanish Football Federation dismissed Luis Medina Cantalejo and five other officials from the Technical Committee of Referees (CTA) on Thursday, announcing a complete restructuring of Spanish refereeing, with new leadership to ...

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40% Bias Score

Peace, Justice, and Strong Institutions
news.sky.com
🌐 65% Global Worthiness
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Poundland to Close 68 Stores, 1,350 Jobs at Risk in Restructuring

Poundland's new owner, Gordon Brothers, plans to close 68 stores and two distribution centers, impacting 1,350 jobs, to create a financially sustainable model after underperformance, with a focus shifting to profitable stores and rent reductions.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Poundland Sold for £1, Dozens of Store Closures Expected

Poundland, a UK discount retailer with 800+ stores and 16,000 employees, was sold for £1 to Gordon Brothers due to challenging trading conditions and increased competition, leading to expected store closures and job losses.

Progress

36% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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ABC Announces Restructuring, Including Q+A Cancellation and Redundancies

ABC managing director Hugh Marks will announce a restructuring on Wednesday, including redundancies and the cancellation of the Q+A program after 18 years, following previous job cuts and a review of resource allocation to improve efficiency and impact.

Progress

56% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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BMO Restructures U.S. Operations to Boost Profitability

Bank of Montreal is restructuring its U.S. operations to improve profitability by combining its U.S. personal and business banking, commercial banking, and wealth management divisions under new leadership, including Aron Levine from Bank of America, effective immediately.

Progress

20% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 160 results