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Operational Efficiency

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Mitie Agrees £366m Takeover of Lord Ashcroft’s Marlowe

Investor backing is required by July 2 for Mitie’s cash-and-shares bid that prices Marlowe at 466p per share; promises £30m of annual cost synergies.

Alcampo Announces Store Closures and Workforce Reductions as Part of Strategic Overhaul

Commerzbank Nears Agreement on Job Cuts as Independence Push Intensifies

Puma Announces Job Cuts Following Profit Decline and Stock Plunge

Leipzig/Halle and Dresden Airports to Cut 250 Jobs in Cost-Saving Plan

Manchester United Announces Job Cuts and Staff Perk Reductions in Cost-Saving Drive

Denny's to Close Up to 90 Restaurants in 2025, Exceeding Initial Plans

Chevron and Exxon Report Mixed Q4 Results with Divergent Trends in Production and Refining

HSBC Scales Back Western Investment Banking to Focus on Asia

JetBlue Stock Drops Following Disappointing Revenue and Cost Forecasts

Deutsche Bank Reports Strong Q3 Profit, Defying Expectations

Hut 8 Welcomes New CFO and Announces Major Expansion