Newmont cuts management jobs in major corporate restructuring
NEWMONT let go of nearly a dozen managers, including a member of its executive team, as part of a sweeping ...
Tag: restructuring
Audi Group profit slumps on China weakness, plant restructuring
VOLKSWAGEN’S Audi-led premium brands barely eked out an operating profit in the third quarter after waning luxury spending in China ...
SPH Media cuts 10% of tech employees in restructuring move in bid to stay sustainable
THIRTY-FOUR or 10 per cent of SPH Media’s employees in its tech division across teams and ranks will be cut as the ...
Nestle announces restructuring, misses nine-month organic sales forecast
NESTLE announced it is revamping senior leadership and its operating structure, cut its full-year sales outlook and reported worse-than-expected nine-month ...
Seven & i restructuring, profit outlook are in focus at earnings
SEVEN & i Holdings is set to report quarterly earnings at a critical time, with much of the focus on ...
Indonesia aims for US$1.5 billion restructuring at Krakatau Steel
About US$1.5 billion in rupiah-denominated and other loans is up for restructuringTHE Indonesian government aims to finalise a loan restructuring ...
China unveils new measures to boost M&A, restructuring
CHINA’S securities regulator rolled out new guidelines to promote mergers and restructuring among listed companies as part of Beijing’s latest ...
Warner Music to cut 750 jobs in restructuring push
WARNER Music Group said on Thursday it would lay off about 750 employees, or 13 per cent of its workforce, ...
Under Armour expects bigger charges from restructuring plan
UNDER Armour lowered its outlook for its current fiscal year, saying the company’s restructuring plan is going to cost more ...
Nestle chairman says no major restructuring planned after shake-up
NO major restructuring is planned at Nestle, following the Swiss foodmaker’s decision to replace chief executive officer Mark Schneider with ...