Jan 29 (Reuters) – Dow will slash about 4,500 jobs, or 13% of its total workforce, under a sweeping restructuring aimed at boosting profitability by at least $2 billion, while projecting first-quarter ...
DANVILLE — The insurance division of Geisinger Health System is eliminating nearly 100 positions in what is being called a restructuring program. The job cuts are necessary to help stabilize ...
The online auction site didn’t say when the layoffs are expected to occur, or whether the company expects to record any charges as a result of the restructuring.
(Reuters) –Starbucks said on Thursday it would shutter underperforming stores in North America and cut 900 jobs in a $1 billion restructuring effort, as CEO Brian Niccol presses ahead with his plan to ...
Culp Inc. says the move to Nasdaq aligns it with peer companies after completing a major restructuring of its bedding and ...
(Reuters) -Newmont's restructuring following the acquisition of Australian miner Newcrest has impacted 16% of the company's workforce, according to an internal memo to staff seen by Reuters. The ...
Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) said Wednesday it has cut ~1,000 jobs as part of a restructuring that focuses on growing demand for copper, and merges its nickel and zinc operations; the company ...
UK pub company Stonegate Group is set to reduce its workforce as part of a restructuring strategy following increased financial pressures. According to The Telegraph, the company, which operates 4,000 ...
The job cuts come as the company streamlines work processes by using automation and AI to lower costs and improve efficiency.