Tag #Restructuring

Showing 61 to 72 of 138 results

lemonde.fr
🌐 65% Global Worthiness
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Le Parisien Cuts 39 Jobs Amidst €33 Million Loss

Le Parisien, owned by LVMH, is cutting 29 journalistic and 10 support positions in a restructuring plan aimed at addressing €33 million in 2024 losses caused by inflation and rising costs, with the new structure featuring thematic editorial teams.

Progress

40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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SEPI's Potential Equity Injection to Save Duro Felguera

Duro Felguera's stock price jumped 10% on February 11th, due to the anticipation of SEPI converting a "120 million euro loan" into equity on February 12th, a crucial step in the company's pre-bankruptcy restructuring process that ends March 11th, to avoid complete bankruptcy.

Progress

36% 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.

Progress

40% 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.

Progress

40% Bias Score

Responsible Consumption and Production
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.

Progress

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.

Progress

40% Bias Score

Peace, Justice, and Strong Institutions
faz.net
🌐 85% Global Worthiness
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Commerzbank Raises Targets, Announces Job Cuts to Deter Unicredit Takeover

Commerzbank raised profit and efficiency targets, announced 3900 job cuts, and plans to distribute all annual profits until 2028 to increase shareholder value and potentially thwart a Unicredit takeover; its share price increased by over 1% on Thursday.

Progress

40% Bias Score

Decent Work and Economic Growth
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
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.

Progress

44% Bias Score

Reduced Inequality
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...

Progress

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.

Progress

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.

Progress

48% Bias Score

Decent Work and Economic Growth

Showing 61 to 72 of 138 results