Showing 49 to 60 of 117 results
Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin
Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.
Porsche Invests Heavily to Counter Crisis, Accepts Lower Profit Margin
Porsche announced a significant investment to counter a financial downturn, expecting a reduced operating margin (10-12 percent in 2023) due to new model development and market challenges; the company aims for long-term growth despite short-term financial strain and recent executive changes.
Progress
44% Bias Score
Solaris Fintech Secures "140 Million Euros" in Funding After "178 Million Euro" Loss
The German fintech company Solaris, once valued at over a billion euros, reported "178 million euros" in losses for 2023 and underwent multiple rounds of layoffs, before securing "140 million euros" in funding from investors, led by SBI Group, to avoid liquidation.
Solaris Fintech Secures "140 Million Euros" in Funding After "178 Million Euro" Loss
The German fintech company Solaris, once valued at over a billion euros, reported "178 million euros" in losses for 2023 and underwent multiple rounds of layoffs, before securing "140 million euros" in funding from investors, led by SBI Group, to avoid liquidation.
Progress
48% Bias Score
Workday Cuts 8.5% of Workforce to Fund AI Investments
Workday, a California-based human resources software company, announced 1,750 job cuts (8.5% of its workforce) on Wednesday, incurring $230-$270 million in charges, to invest in AI and restructure for growth; despite the cuts, the company reported strong Q3 earnings and plans to continue hiring in s...
Workday Cuts 8.5% of Workforce to Fund AI Investments
Workday, a California-based human resources software company, announced 1,750 job cuts (8.5% of its workforce) on Wednesday, incurring $230-$270 million in charges, to invest in AI and restructure for growth; despite the cuts, the company reported strong Q3 earnings and plans to continue hiring in s...
Progress
40% Bias Score
Stellantis Restructures for Enhanced Efficiency and Growth
Stellantis announced a restructuring on January 11, 2025, streamlining its organization to improve efficiency and customer service, with new leadership appointments in key areas like product development, quality, and marketing, while the search for a new CEO continues.
Stellantis Restructures for Enhanced Efficiency and Growth
Stellantis announced a restructuring on January 11, 2025, streamlining its organization to improve efficiency and customer service, with new leadership appointments in key areas like product development, quality, and marketing, while the search for a new CEO continues.
Progress
44% Bias Score
Varta Restructuring Approved, Shareholders Lose Investments
A German court approved Varta's restructuring plan under the StaRUG act, resulting in the loss of all investments for roughly 200,000 shareholders, while securing €100 million in fresh capital for the company to avoid bankruptcy.
Varta Restructuring Approved, Shareholders Lose Investments
A German court approved Varta's restructuring plan under the StaRUG act, resulting in the loss of all investments for roughly 200,000 shareholders, while securing €100 million in fresh capital for the company to avoid bankruptcy.
Progress
36% Bias Score
Volkswagen's Collaborative Cost Cuts Raise Investor Doubts
Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.
Volkswagen's Collaborative Cost Cuts Raise Investor Doubts
Volkswagen's pre-Christmas cost-cutting agreement, involving plant closures and 35,000 job cuts by 2027, prioritizes collaboration with labor unions, raising investor concerns about its feasibility and impact on the company's stock price.
Progress
44% Bias Score
CIA Offers Buyouts to Employees, Excluding Key Personnel
The CIA is offering buyouts to some employees for voluntary early retirement or resignation, differing from other federal agencies and excluding those deemed critical to national security; this is part of President Trump's plan to restructure the agency.
CIA Offers Buyouts to Employees, Excluding Key Personnel
The CIA is offering buyouts to some employees for voluntary early retirement or resignation, differing from other federal agencies and excluding those deemed critical to national security; this is part of President Trump's plan to restructure the agency.
Progress
40% Bias Score
CIA Offers Buyouts Amid Trump's Federal Restructuring
The CIA confirmed offering buyouts to employees as part of President Trump's administration-wide restructuring, raising concerns about potential impacts on national security, though specifics on numbers and deadlines are undisclosed.
CIA Offers Buyouts Amid Trump's Federal Restructuring
The CIA confirmed offering buyouts to employees as part of President Trump's administration-wide restructuring, raising concerns about potential impacts on national security, though specifics on numbers and deadlines are undisclosed.
Progress
32% Bias Score
Estée Lauder Announces Major Job Cuts Amidst Declining Sales
Estée Lauder announced 5,800 to 7,000 net job cuts by the end of 2026 due to declining global sales, particularly in Asia, resulting in a 19% stock price drop and a $590 million net loss in Q2.
Estée Lauder Announces Major Job Cuts Amidst Declining Sales
Estée Lauder announced 5,800 to 7,000 net job cuts by the end of 2026 due to declining global sales, particularly in Asia, resulting in a 19% stock price drop and a $590 million net loss in Q2.
Progress
40% Bias Score
SAP Returns to Double-Digit Growth Amidst Major Restructuring
SAP reported a 10 percent revenue increase to 34 billion euros in 2023, driven by cloud growth, while its restructuring program, exceeding expectations with 10,000 positions affected, aims to accelerate transformation towards an AI-focused strategy.
SAP Returns to Double-Digit Growth Amidst Major Restructuring
SAP reported a 10 percent revenue increase to 34 billion euros in 2023, driven by cloud growth, while its restructuring program, exceeding expectations with 10,000 positions affected, aims to accelerate transformation towards an AI-focused strategy.
Progress
48% Bias Score
BASF Misses Q4 Profit Targets Amidst Battery Chemical Write-Downs and Restructuring
BASF's Q4 2023 results revealed a €3.2 billion profit miss despite meeting revenue and earnings expectations, primarily due to write-downs in battery chemicals and restructuring costs at its Ludwigshafen site, prompting the company to seek alliances and partnerships.
BASF Misses Q4 Profit Targets Amidst Battery Chemical Write-Downs and Restructuring
BASF's Q4 2023 results revealed a €3.2 billion profit miss despite meeting revenue and earnings expectations, primarily due to write-downs in battery chemicals and restructuring costs at its Ludwigshafen site, prompting the company to seek alliances and partnerships.
Progress
24% Bias Score
CNN Announces Layoffs and Restructuring Amidst Shifting News Consumption
CNN announced Thursday it is laying off approximately 200 employees (6% of its workforce) as part of a $70 million investment in a new streaming service, a redesigned website, and a new weekday lineup, which launches in March, all in response to shifting audience consumption habits.
CNN Announces Layoffs and Restructuring Amidst Shifting News Consumption
CNN announced Thursday it is laying off approximately 200 employees (6% of its workforce) as part of a $70 million investment in a new streaming service, a redesigned website, and a new weekday lineup, which launches in March, all in response to shifting audience consumption habits.
Progress
32% Bias Score
Showing 49 to 60 of 117 results