Tag #Restructuring

Showing 49 to 60 of 123 results

themoscowtimes.com
🌐 85% Global Worthiness
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Gazprom Announces Restructuring, Potential Job Cuts Following 2023 Losses

Gazprom announced new appointments to key administrative roles, part of a cost-cutting and efficiency-boosting restructuring plan involving a potential reduction of 1600 headquarters staff, following a year of significant losses due to reduced gas exports to Europe.

Progress

20% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Porsche's Crisis Response: Heavy Investment, Margin Drop

Porsche announced a significant investment program to counter a financial crisis, resulting in a substantial drop in its operating margin, projected to reach 10-12 percent in 2023 from 18 percent in 2022, while aiming for long-term growth exceeding 20 percent.

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40% Bias Score

Responsible Consumption and Production
faz.net
🌐 85% Global Worthiness
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Volkswagen Announces 35,000 Job Cuts Amidst Global Market Challenges

Volkswagen Group announced a compromise with the IG Metall union involving 35,000 job cuts over six years to improve competitiveness amid a stagnating global auto market and increased competition, particularly from China, while simultaneously pledging to launch a €20,000 electric vehicle and an elec...

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48% Bias Score

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

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44% Bias Score

Responsible Consumption and Production
faz.net
🌐 75% Global Worthiness
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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.

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48% Bias Score

Decent Work and Economic Growth
abcnews.go.com
🌐 85% Global Worthiness
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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...

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40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Meta Cuts 3,600 Jobs Amidst AI Hiring Push

Meta is cutting approximately 3,600 jobs (5% of its workforce) globally today, primarily through performance-based terminations, while simultaneously expanding its AI engineering teams, reflecting an industry-wide shift towards specialized talent acquisition.

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40% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
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Vox Creates 12-Member Spokesperson Team to Centralize Power and Project Government Readiness

Following internal tensions, Vox created a 12-member national spokesperson team, led by José Antonio Fúster, to centralize decision-making and project a government-ready image, impacting party strategy and public perception.

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44% Bias Score

Reduced Inequality
cnn.com
🌐 85% Global Worthiness
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Trump to Replace Kennedy Center Board, Appoint Himself Chairman

President Trump announced Friday he will replace the Kennedy Center's board of trustees, including Chairman David Rubenstein, and appoint himself chairman, citing disagreements over programming and a desire to reshape the nation's cultural center.

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68% Bias Score

cbsnews.com
🌐 85% Global Worthiness
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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.

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40% Bias Score

Peace, Justice, and Strong Institutions
apnews.com
🌐 85% Global Worthiness
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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.

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32% Bias Score

Peace, Justice, and Strong Institutions
lefigaro.fr
🌐 75% Global Worthiness
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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

Decent Work and Economic Growth

Showing 49 to 60 of 123 results