Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Tag: restructuring
Salesforce will lay off 10% of staff as part of restructuring
Salesforce Inc. plans to cut about 10% of its staff as part of a restructuring plan, the software company said Wednesday. The company will also exit some real estate and Read more
Credit Suisse is about to unveil its restructuring plan. Here’s what to watch.
Besieged Swiss lender Credit Suisse has been racing to finalize asset sales to help pay for its much-anticipated strategic overhaul, set to be unveiled on Thursday. The pressure is on Read more
Warner Bros. Discovery warns of as much as $4.3 billion in restructuring charges
Warner Bros. Discovery Inc. WBD, -2.30% said it expected to incur as much as $4.3 billion in pretax restructuring charges through 2024, the result of a cost-cutting effort following the combination Read more
Zuckerberg warns hiring freeze, restructuring is coming to Meta: report
Mark Zuckerberg warned employees Thursday that a hiring freeze and restructuring is coming to Facebook parent company Meta Platforms Inc. Meta’s META, -3.67% chief executive and co-founder made the announcement Read more
Ralph Lauren looks to boost profit margins after years of restructuring
Ralph Lauren Corp. aims to buy back more stock and boost its profit margins as it benefits from strong consumer demand after years of restructuring. The New York-based luxury retailer on Monday Read more
Snap still a ‘zombie’ stock even after restructuring, warns New Constructs
Snap’s recently announced restructuring effort sparked a rally in the company’s shares. But the Snapchat parent is still a “zombie stock” as far as independent equity research firm New Constructs Read more
Walmart cutting about 200 corporate jobs in restructuring as profits sag
Walmart Inc. is cutting hundreds of corporate roles in a restructuring effort, according to people familiar with the matter, a week after the retail giant warned of falling profits. The retailer began notifying Read more
SAS files for bankruptcy protection in U.S. to push through restructuring
STOCKHOLM–SAS AB said Tuesday that it has filed for chapter 11 bankruptcy protection in the U.S. as it seeks to push through its comprehensive financial restructuring to cut costs and Read more
SAS files for bankruptcy protection in U.S. to push through restructuring
STOCKHOLM–SAS AB said Tuesday that it has filed for chapter 11 bankruptcy protection in the U.S. as it seeks to push through its comprehensive financial restructuring to cut costs and Read more