Tag #Restructuring

Showing 13 to 24 of 196 results

telegraaf.nl
🌐 75% Global Worthiness
News related image

Liberty Global to Restructure, Potentially Spin Off VodafoneZiggo

Liberty Global CEO Mike Fries announced plans to restructure the company, aiming to increase shareholder value by separating its remaining business units, including potentially selling or spinning off VodafoneZiggo, its joint venture with Vodafone Group, following a 2.4% revenue drop in Q2 to €990 m...

Progress

36% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 85% Global Worthiness
News related image

Daimler Truck Forecasts Significant Sales and Profit Decline, Announces Job Cuts

Daimler Truck's Q2 results showed a 5% decline in sales, a 6% drop in revenue to €11.8 billion, and a 4% decrease in adjusted EBIT to €1.1 billion; the company forecasts an 11% sales decline to 410,000 vehicles and a 13% revenue drop to €44 billion by the end of the year, prompting 2,000 job cuts in...

Progress

52% Bias Score

Decent Work and Economic Growth
zeit.de
🌐 85% Global Worthiness
News related image

ZF Friedrichshafen Faces €1 Billion Loss, Plans 14,000 Job Cuts

ZF Friedrichshafen, Germany's second-largest auto supplier, reported a €1 billion loss in 2022 and plans to cut up to 14,000 jobs in Germany by 2028 due to the automotive industry downturn, high debt from past acquisitions, and low profitability in its powertrain division; the company is exploring o...

Progress

44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
News related image

ZF Friedrichshafen Reports Loss, Plans Layoffs Amidst Restructuring

ZF Friedrichshafen, Germany's second-largest auto supplier, reported a €195 million first-half loss due to stagnant vehicle production, slow electric vehicle adoption, and US trade uncertainties, prompting intensified cost-cutting and potential layoffs while restructuring its powertrain division.

Progress

52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 85% Global Worthiness
News related image

Porsche Announces \$1.3 Billion Restructuring Amidst Market Challenges

Porsche announced a \$1.3 billion restructuring for 2025 to address decreased Chinese demand, US tariffs, and slower-than-expected electric vehicle transition, resulting in a significant drop in operating profit in the first half of the year.

Progress

56% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
News related image

Audi Profit Plunges 37.5 Percent Amid Tariffs and Restructuring"

US tariffs, restructuring costs, and weak Chinese sales caused Audi's first-half profit to plummet by 37.5 percent to €1.3 billion, prompting a lowered full-year forecast and highlighting the urgent need for transformation.

Progress

40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
News related image

Dia Reports First Net Profit Since 2017, Reverses Store Closure Trend

In the first half of 2025, Dia, a Spanish supermarket chain, achieved its first net profit since 2017 and a net increase of 15 stores (27 in Spain), reversing a nine-year trend of closures, driven by a strategic plan focused on profitable stores and proximity business, with €91.1 million invested in...

Progress

44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
News related image

Del Monte Pacific Posts Record $834.4 Million Net Loss

Del Monte Pacific, controlled by the Campos family, reported a record $834.4 million net loss in fiscal year 2025, primarily due to its bankrupt U.S. subsidiary's $892.4 million loss and a $703.5 million write-down; the company plans asset divestiture, including a potential Philippine subsidiary lis...

Progress

40% Bias Score

No Poverty
welt.de
🌐 85% Global Worthiness
News related image

ZF Reports €1 Billion Loss, Announces Major Restructuring

ZF Friedrichshafen, a German automotive supplier, reported a €1 billion loss in 2024, primarily due to a struggling powertrain division and high debt, prompting significant job cuts and potential restructuring of its core business areas.

Progress

52% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
News related image

ZF Friedrichshafen Continues Job Cuts Amidst Slow E-Mobility Growth

ZF Friedrichshafen, a German auto supplier, is continuing job cuts due to slow e-mobility adoption and US tariffs, reporting a 10.3% revenue drop to €19.7 billion despite an increased adjusted EBIT of €874 million in the first half of 2024. Over 10,000 employees protested against the cost-cutting me...

Progress

56% Bias Score

Decent Work and Economic Growth
es.euronews.com
🌐 85% Global Worthiness
News related image

Intel Cuts Thousands of Jobs Amidst Financial Losses and Market Share Decline

Intel is laying off thousands of employees, cutting projects in Germany and Poland, and slowing construction of a semiconductor plant in Ohio to address $2.9 billion in second-quarter losses and declining market share against competitors like Nvidia and AMD in the AI market.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
News related image

Samaritans to Close Half its Branches in Restructuring Plan

Samaritans, facing financial difficulties and needing to improve service efficiency, plans to close at least half of its 200 UK and Ireland branches over the next 7-10 years, shifting to larger regional hubs and piloting remote call handling, a move met with some volunteer concern.

Progress

44% Bias Score

Good Health and Well-being

Showing 13 to 24 of 196 results