Verizon has announced a new restructuring initiative that includes the sale of 274 company-owned retail stores and the elimination of…
Browsing: restructuring
French IT services group Atos warned it expects a sharp drop in annual revenue for 2025, citing ongoing contract losses…
French IT services company Atos said on Friday it has signed a binding agreement to sell its Latin American operations…
Accenture reported stronger-than-expected fourth-quarter revenue on Thursday and announced a $865 million restructuring program to better align its workforce and…
Microsoft and OpenAI announced on Thursday that they have signed a non-binding agreement to redefine their partnership, paving the way…
Wolfspeed (WOLF.N) saw its shares jump 48% to $1.82 on Tuesday after a U.S. bankruptcy court approved the company’s Chapter…
Danish jewelry giant Pandora is exploring options to restructure its operations in China after years of steep declines in both…
Japan’s Nissan Motor is reportedly in talks with Taiwan’s Foxconn to allow the electronics giant to manufacture electric vehicles (EVs)…
Shares of Bytes Technology (BYIT.L), a UK-based IT firm, tumbled over 27% on Wednesday following a profit warning. The company…
Amazon has implemented another round of job cuts, this time targeting its books division, including its Goodreads review platform and…
Japan Investment Corporation (JIC), the state-backed investment fund, remains committed to its long-term goal of driving consolidation in Japan’s semiconductor…
Shares of Wolfspeed, a prominent chipmaker, dropped by 50% on Friday, hitting their lowest point since 1998. This significant decline…