Tag #Restructuring

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zeit.de
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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
sueddeutsche.de
🌐 75% Global Worthiness
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TKMS to IPO, German Investment Considered

Thyssenkrupp's marine division, TKMS, will be renamed before its planned IPO, with the German government considering an investment; the company is the world's leading builder of non-nuclear submarines and has an order book of €18 billion.

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Nissan Announces Massive Restructuring Amidst Plummeting Profits

Nissan, facing a 90% drop in operating profits and weak sales in North America and China, announced 20,000 job cuts, seven factory closures, and a pay freeze; the company is exploring options to raise over 1 trillion yen through debt and asset sales.

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52% Bias Score

Decent Work and Economic Growth
abcnews.go.com
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Nissan Bets on New Hybrid Technology for Turnaround

Facing a $4.5 billion loss, Nissan is betting on its new e-Power hybrid technology—which never needs charging—to boost sales, particularly in the U.S., where it's cutting 15% of its global workforce and closing seven auto plants.

Progress

44% Bias Score

Industry, Innovation, and Infrastructure
english.kyodonews.net
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U.S. Recognizes Japan's Growing Economic Importance

Japan's chief tariff negotiator stated that the U.S. increasingly values Japan's economy after meetings with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer in Washington on Friday, focusing on trade, non-tariff barriers, and economic security.

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16% 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
zeit.de
🌐 75% Global Worthiness
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Volkswagen Exceeds Job Reduction Target in Restructuring Plan

Volkswagen Group announced that around 20,000 employees have agreed to leave the company by 2030 as part of a restructuring plan, exceeding the initial target and representing over half of the planned job cuts. The plan aims to enhance competitiveness and involves voluntary departures, avoiding comp...

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40% Bias Score

Decent Work and Economic Growth
elmundo.es
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Azucarera Announces 251 Job Cuts in Restructuring Plan

Azucarera, a Spanish sugar company, announced a redundancy plan affecting 251 employees (26.6% of its workforce) due to economic, productive, and organizational factors, including the closure of its La Bañeza plant and concentrating production in Toro, Spain. The decision follows years of poor resul...

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48% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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Over 100 NSC Officials Placed on Leave in Trump Administration Restructuring

On Friday, over 100 National Security Council officials were put on administrative leave by the Trump administration as part of a restructuring under acting National Security Advisor Marco Rubio, involving staff reductions and a top-down approach to decision-making, raising concerns about the future...

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52% Bias Score

Peace, Justice, and Strong Institutions
cnn.com
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Over 100 NSC Officials Placed on Leave in Administration Restructuring

Over 100 National Security Council officials were placed on administrative leave on Friday afternoon, part of a restructuring under acting National Security Advisor Marco Rubio, involving a 30-minute notice to vacate their offices, and criticized as unprofessional.

Progress

44% Bias Score

Peace, Justice, and Strong Institutions

Showing 49 to 60 of 200 results