Business ❯Finance

Corporate Restructuring

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

Wolfspeed Taps Gregor van Issum as CFO as Stock Soars

Wolfspeed is looking to realign its $6.5 billion balance sheet through a lender-backed Chapter 11 restructuring plan.

Del Monte Foods Files for Chapter 11 to Pave Way for Asset Sale

Wolfspeed Files for Chapter 11 With $275 Million Financing to Cut 70% of Debt

Citigroup to Slash 3,500 Tech Roles in China Under Global Restructuring

Singapore Court Declines WazirX’s Restructuring Plan, Exchange Establishes Panama Entity

Warner Bros. Discovery Cuts Under 100 Jobs in Latest Cable TV Layoff

Meyer Burger’s German subsidiaries file for insolvency, endangering 600 jobs

Meyer Burger Halts U.S. Solar Module Production, Lays Off 282 Workers

Westpac Plans 1,500 Job Cuts in Workforce Overhaul

Thames Water Withdraws CEO Bonus Plan After Government Intervention

Canadian Tire to Acquire Hudson’s Bay Brands and Iconic Stripes for $30 Million

Bayer Considers Monsanto Bankruptcy as US Glyphosate Settlement Talks Advance

Consortium Led by Xavier Niel Submits €60 Million Bid to Revive Le Coq Sportif

Rite Aid Expands Store Closures to 115 Locations as Second Bankruptcy Proceeds

Nissan Abandons $1 Billion Battery Plant to Focus on Financial Recovery

Rite Aid Begins Second Bankruptcy, Plans Store Closures and Asset Sales

Rite Aid Files for Second Bankruptcy in 18 Months, Seeks Asset Sales

P&R-Insolvenz: Anleger erhalten weitere 122 Millionen Euro

Hudson’s Bay Launches Final Liquidation Sales as Historic Retailer Shuts Down

Hudson’s Bay to Liquidate Final Six Stores as Asset Sales Advance