Tag #Restructuring

Showing 73 to 84 of 138 results

apnews.com
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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.

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40% Bias Score

Decent Work and Economic Growth
faz.net
🌐 85% Global Worthiness
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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.

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48% Bias Score

Decent Work and Economic Growth
faz.net
🌐 75% Global Worthiness
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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.

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24% Bias Score

Decent Work and Economic Growth
edition.cnn.com
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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.

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32% Bias Score

Decent Work and Economic Growth
dw.com
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Volkswagen Sales Drop 2.3 Percent in 2024 Amidst Market Challenges

In 2024, Volkswagen Group's global car sales fell by 2.3 percent to over 9 million units due to decreased European demand, Chinese competition, rising costs, and potential US tariffs; the VW brand alone saw a 1.4 percent sales drop and a 37 percent profit decrease, leading to 35,000 job cuts in Germ...

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56% Bias Score

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abcnews.go.com
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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
repubblica.it
🌐 75% Global Worthiness
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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.

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44% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
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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.

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36% Bias Score

Decent Work and Economic Growth
kathimerini.gr
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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.

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44% Bias Score

Decent Work and Economic Growth
fr.euronews.com
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EU to Slash International Offices

The European Commission is reviewing plans to reduce its international partnerships directorate's (DG INTPA) foreign offices from approximately 100 to 18, focusing on strategic areas; discussions are ongoing, with no final decision yet made on the resulting staff changes and budget implications.

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24% Bias Score

Partnerships for the Goals
bbc.com
🌐 65% Global Worthiness
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Nesbitt: NI Healthcare Restructuring Only With Proven Patient Benefits

Northern Ireland's health minister, Mike Nesbitt, says he will only restructure healthcare if it improves patient outcomes, amid a crisis marked by long waits at emergency departments and increased deaths due to delays. This follows several recent high-level departures within the health service.

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48% Bias Score

Good Health and Well-being

Showing 73 to 84 of 138 results