Tag #Restructuring

Showing 97 to 108 of 196 results

welt.de
🌐 75% Global Worthiness
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Ford Germany Receives €4.4 Billion Investment, Ends Debt Guarantee

Ford's German branch receives a €4.4 billion capital injection from its parent company, reducing its debt and ending a unique financial guarantee, while also investing several hundred million euros to boost business over the next four years; however, 2900 jobs will be cut in Cologne within three yea...

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40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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WH Smith Sells High Street Division, Focusing on Travel

WH Smith, a 231-year-old British retailer, is selling its 500 UK high street stores to focus on its thriving travel business, leaving only Alteri and Modella Capital as potential buyers; the sale is expected to be finalized in April, impacting approximately 5,000 employees.

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40% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Mercedes-Benz Announces Cost-Cutting Plan Affecting 91,000 German Employees

Mercedes-Benz announced a comprehensive cost-cutting plan with its works council, impacting 91,000 German employees through reduced compensation, increased temporary work, and a voluntary severance program, while extending job security until 2034 and targeting a 10% reduction in production and fixed...

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44% Bias Score

Decent Work and Economic Growth
nos.nl
🌐 65% Global Worthiness
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Dutch Police to Delegate Tasks, Prioritize Community Policing

The Dutch police will delegate tasks like permit issuance and event security to focus on core duties, increasing community engagement and improving efficiency, though it may affect response times to non-emergency calls.

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44% Bias Score

Peace, Justice, and Strong Institutions
zeit.de
🌐 75% Global Worthiness
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Baywa Appoints New Leadership to Oversee Restructuring After €641 Million Loss

Germany's largest agricultural trader, Baywa AG, appointed Frank Hiller as CEO and Matthias Rapp as CFO to lead a multi-year restructuring plan involving 1300 job cuts and asset divestments after reporting a €641 million net loss in the first nine months of 2024; both start this weekend.

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44% Bias Score

Decent Work and Economic Growth
french.china.org.cn
🌐 90% Global Worthiness
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USAID to Lay Off 1,600 Employees, Place Most Staff on Leave

The USAID will lay off 1,600 US-based employees and place the majority of its remaining staff on administrative leave starting February 23, 2025, as part of a government-wide reform aimed at reducing its global workforce by 97%, following accusations of fraud and corruption by President Trump.

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52% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 65% Global Worthiness
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Hudson's Bay Restructuring: Gift Cards Active, Loyalty Points Suspended

Hudson's Bay, facing financial crisis and court-ordered restructuring, has temporarily suspended its loyalty program impacting $58.6 million in points; however, its $24.3 million in gift cards remain active.

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40% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 85% Global Worthiness
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Telefónica Restructures Leadership, Appoints New CEO

Telefónica announced a major leadership overhaul on Thursday, appointing Emilio Gayo as its new CEO, replacing Ángel Vilá, and making several other key appointments across its divisions, including Movistar Plus+ and Telefónica Tech, following significant shareholder changes and to prepare for upcomi...

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44% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Middle Management Decline: Automation and Restructuring Force Career Shifts

Large corporations like UPS and Amazon are eliminating thousands of middle-management positions due to automation and a drive for efficiency, forcing experienced professionals to adapt and seek new career paths in consulting, project management, entrepreneurship, or coaching.

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36% Bias Score

Decent Work and Economic Growth
lefigaro.fr
🌐 75% Global Worthiness
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Elo Group Reports €1.2 Billion Loss, Plans Restructuring

Elo group reported a €1.2 billion net loss in 2024, despite a 1.6% sales increase to €32.3 billion, due to asset impairments and decreased profitability; Auchan, facing a social plan affecting 2,400 jobs, aims for a turnaround through price investments and asset sales, while Elo plans financial rest...

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48% Bias Score

No Poverty
us.cnn.com
🌐 75% Global Worthiness
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MSNBC Overhauls Primetime Lineup, Cancels "The ReidOut" Amid SpinCo Transition

MSNBC announced a primetime lineup overhaul in April, including Joy Reid's departure, the cancellation of "The ReidOut," and the closure of its Miami operations, shifting production to New York and Washington D.C. The changes follow a recent viewership increase and the network's transition to an ind...

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36% Bias Score

Reduced Inequality
us.cnn.com
🌐 75% Global Worthiness
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Starbucks to Lay Off 1,000 Workers, Cut Menu Items Amid Sales Decline

Starbucks announced Monday it will lay off over 1,000 corporate workers and cut 30% of its menu to reverse declining sales and revamp the coffee chain; the company's sales have been down for four straight quarters and hundreds of its stores have voted to unionize.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 97 to 108 of 196 results