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Procter & Gamble plans to cut 7,000 jobs, representing 6.4% of its workforce, over the next two years. P&G is also reviewing its product portfolio and geographic presence, with potential brand ...
The British-based cinema giant unveiled a court-directed plan to shutter six locations and renegotiate rents to get back to profitability. By Etan Vlessing Canada Bureau Chief Regal-owner Cineworld ...
Intel Corp. plans to wind down its automotive business and lay off most of the unit’s employees. The Oregonian reported the development Tuesday, citing an internal company memo. Intel confirmed the ...
Office Properties Income Trust (“OPI” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (“RSA”) with an ad hoc group (the “September 2029 Ad Hoc Group”) of ...
This year, many S&P 500 companies announced restructuring programs that involved large-scale employee separations, asset write-offs, facility closures and enterprise-wide cost reduction projects.
SUNNYVALE, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (Nasdaq: ME) (the “Company” or “23andMe”), a leading human genetics and preventive health company, today announced a business ...
In a Facebook post on Wednesday, the company said the suspension was "part of an internal business restructuring and service ...
American Vanguard has had to deal with weaker crop protection volumes and increased generic competition that have sapped profitability and hit the share price hard. AVD's restructuring efforts aim to ...
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