Business ❯ Finance

Corporate Restructuring

Bankruptcy Debt Management Layoffs Cost Management Insolvency Job Cuts Cost-Cutting Measures Job Losses Administration Chapter 11

Applied Materials Cuts 4% of Workforce, Starts Global Notifications

The company expects a $160 million to $180 million restructuring charge tied to U.S. export curbs on China sales.

Altice France Rejects €17 Billion Three-Way Bid to Carve Up SFR

Market Basket Fires 30-Year Finance Leader Sue Dufresne, Marking Seventh Top Ouster

SanCor Files Crisis Plan, Seeks Urgent Court Hearing to Avoid Bankruptcy

Razzoo’s Cajun Cafe Seeks Chapter 11 Protection in Texas Bankruptcy Filing

IKKS Placed in Court-Supervised Reorganization in France, Over 1,000 Jobs at Risk

At Home Cleared to Exit Bankruptcy After Court Approves Plan, Lenders Take Control

Abuelo’s Files Chapter 11 After Closing 24 Restaurants, Footprint Falls to 16

Poundland Launches Closing-Down Sales at 18 Stores as Next Wave of Closures Begins

Thames Water Creditors Submit Enhanced Rescue Plan to Ofwat

Wolfspeed Exits Chapter 11, Slashes Debt as Creditors Take Control

Spirit Lines Up $475 Million DIP Financing and $150 Million AerCap Settlement in Second Bankruptcy

Poundland Rolls Out £1/£2/£3 Pricing Nationwide as Closure Count Hits 58

Brazil Finance Ministry Reviews Spike in Judicial Reorganization for Possible Sector Abuse

Spirit to Furlough 350 Orlando Flight Attendants Starting Dec. 1

Boluarte Backs $287.3 Million Sovereign-Bond Support for Petroperú as Losses Breach Legal Threshold

BayWa Warns US Policy Shift Could Undercut r.e. Earnings, Prompting Review of 2028 Turnaround

Grassi Pursues Cargill Commercial Pact in Bid for Vicentin as Creditor Phase Opens

Novo Nordisk to Cut 9,000 Jobs, Lowers Profit Outlook in Global Restructuring

Kering Shareholders Approve Luca de Meo as CEO for Accelerated Turnaround