Tag #Restructuring

Showing 1 to 12 of 200 results

us.cnn.com
🌐 75% Global Worthiness
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Starbucks to Close Hundreds of Stores, Lay Off 900 Employees

Starbucks is closing hundreds of underperforming stores and laying off 900 corporate employees as part of a restructuring plan by CEO Brian Niccol to revive the struggling coffee chain.

Progress

24% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
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Deutsche Bahn appoints first female CEO to tackle deep crisis

After years of male leadership failures, Evelyn Palla, former head of DB Regio, will become the first female CEO of Deutsche Bahn, tasked with resolving the company's substantial financial losses, operational issues, and declining customer satisfaction.

Progress

20% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Dine Brands Needs Urgent Change to Save Applebee's and IHOP

Years of underinvestment at Dine Brands, the parent company of Applebee's and IHOP, has led to a 70% stock collapse since early 2021, prompting calls for board changes and operational improvements to revitalize the struggling brands.

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Australia's Banking Sector Job Cuts Signal Broader AI-Driven Restructuring

ANZ and NAB's recent job cuts, totaling 3900+ roles, demonstrate how AI and automation are reshaping the Australian labor market, polarizing employment and disproportionately affecting mid-level workers.

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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BBVA's Acquisition of Sabadell: Projected Job Cuts and Office Closures

BBVA's takeover of Banco Sabadell will result in a restructuring, including potential job losses and the closure of approximately 300 branches, with projected pre-tax savings of €325 million.

Progress

32% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Buderus Edelstahl Restructuring Leads to Plant Closure, Job Losses in Wetzlar

Buderus Edelstahl in Wetzlar, Germany, is being dismantled, resulting in the closure of its steel plant by October, impacting 450 jobs, while the remaining units will be sold, potentially saving 670 jobs, due to high energy costs and challenging market conditions.

Progress

44% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 75% Global Worthiness
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Starbucks to Close Hundreds of Stores, Lay Off 900 Employees

Starbucks is closing hundreds of underperforming stores and laying off 900 corporate employees as part of a restructuring plan to revitalize the company, costing $1 billion.

Progress

28% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 75% Global Worthiness
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ZF to Cut 450 Jobs in Koblenz by 2030

German auto supplier ZF announced plans to cut around 450 jobs at its Koblenz location by 2030, citing a weak automotive market and geopolitical uncertainties, prompting outrage from the works council and IG Metall union.

Progress

24% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Australia's Banking Sector Job Cuts Signal Broader AI-Driven Restructuring

ANZ and NAB's recent job cuts, totaling 3900+ positions, highlight the accelerating impact of AI and automation on Australia's labor market, polarizing job opportunities and raising concerns about inequality.

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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NAB to Cut 410 Australian Jobs, Shift Roles to India and Vietnam

National Australia Bank (NAB) will cut 410 jobs in its technology and enterprise operations division, while creating 127 new roles in India and Vietnam, prompting criticism from the Finance Sector Union (FSU).

Progress

24% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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Tupperware France Exits Safeguard Procedure, Targets €100M Revenue

Tupperware France, acquired in March by entrepreneur Cédric Meston, has exited its safeguard procedure and aims to reach €100 million in revenue by year-end, expanding across five European markets.

Progress

16% Bias Score

Responsible Consumption and Production
dailymail.co.uk
🌐 75% Global Worthiness
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Poundland Seeks Court Approval to Avoid Collapse

Poundland, facing administration by September 7, 2025, seeks High Court approval for a rescue plan involving store closures, job cuts (around 1,350), and rent reductions to secure £90 million in funding from Gordon Brothers, following a £1 sale and struggling with a £35.7 million pre-tax loss in 202...

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 1 to 12 of 200 results