Business ❯Corporate Strategy

Restructuring

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CVS, Walgreens and Rite Aid Slash Retail Footprints with Hundreds of 2025 Closures

Executives describe the restructuring as a strategic effort to optimize store density in response to evolving consumer habits.

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WPP Renames GroupM to WPP Media in AI-Powered Shift

McKinsey cuts over 10% of global workforce in major restructure

Meta overhauls AI division into product and AGI foundations units

Volvo Cars to Cut 3,000 Jobs in $1.9 bn Cost-Saving Plan

Nissan Weighs Sale of ¥100 Billion Yokohama HQ to Fund Overhaul

Walmart Restructures Corporate Workforce with 1,500 Job Cuts

Embracer Group Rebrands as Fellowship Entertainment, Plans Coffee Stain Spin-Off

GM Ends U.S. Vehicle Exports to China, Restructures Chinese Operations

Warner Bros. Discovery Downgraded to Junk Status by S&P

Nike Confirms Technology Division Layoffs and Outsourcing in Restructuring Effort

Rite Aid Moves Closer to Restructuring with 95 More Store Closures and Pharmacy Asset Sales

Morrisons Completes Closure of All 17 Daily Convenience Stores

Raymond Realty Shares Allotted as Realty Demerger Completes Key Milestone

Chegg Cuts 22% of Workforce and Closes Offices as AI Competition Intensifies

Warner Bros Games Revenue Drops 48% as Restructuring Takes Shape

OpenAI and Microsoft Revise Partnership to Clear Path for IPO

Panasonic Announces 10,000 Job Cuts in Global Restructuring

Sky Sports News Announces Major Staff Redundancies in Strategic Overhaul

LG Energy Solution Posts 138% Profit Surge in Q1, Driven by U.S. Tax Credits