PepsiCo Inc. PEP, -1.38% is laying off “hundreds” of workers at the headquarters of its North American snacks and beverages divisions, The Wall Street Journal reported Monday, citing people familiar Read more
Tag: divisions
Goldman Sachs to merge businesses into 3 divisions in sweeping reorganization
Goldman Sachs Group Inc. plans to fold its biggest businesses into three divisions, undertaking one of biggest reshuffles in the Wall Street firm’s history. Goldman GS, -2.31% will combine its flagship investment-banking Read more
‘Some companies are closing their doors, others are shutting down divisions’: Rocket CEO outlines plans to navigate the dramatic decline in mortgages
The mortgage industry is struggling with higher rates and a sharp drop in buyer demand. Rocket RKT, +0.53% says it’s got a plan to turn things around. There’s turmoil in Read more