Business ❯ Corporate Strategy

Operational Changes

Store Closures Store Management Workforce Management Employee Management Restructuring Facility Closures Job Cuts Cost Reduction Layoffs Employee Engagement

Saks Global Secures $500 Million Exit Financing to Support Summer Emergence From Bankruptcy

The bondholder commitment gives Saks a clear path to fund a leaner footprint toward a summer exit.

Iberia Proposes Voluntary ERE Covering 996 Jobs as Talks Begin

Keeta Halts Rio Launch and Cuts About 200 Jobs, Citing Rival Exclusivity

ATS Euromaster Proposes UK Exit With 703 Jobs at Risk as 49 Sites Line Up Buyers

Gallo to Close Napa Valley Ranch Winery, Cut 93 Jobs Across Five Wine Country Sites

Walgreens to Close Houston Distribution Center, Cut 628 Jobs in Restructuring

Verallia Weighs Shutting Essen Glass Plant, Putting About 300 Jobs at Risk

Ubisoft Beats Q3 Bookings Guidance as Assassin’s Creed Lifts Results

Saks OFF 5TH Liquidation Sales Begin as 57 Stores Close in Bankruptcy Overhaul

Three Senior Partners Leave Peak XV to Launch New VC Firm as Peak XV Deepens AI Focus

Dow to Cut 4,500 Jobs in AI-Focused 'Transform to Outperform' Overhaul

Starbucks Drops Cap, Requires CEO to Use Company Jet After Security Review

Evoke Starts William Hill Shop Closures as Tax Hikes Bite, Strategic Review Deepens

GM Cuts 1,900 Jobs in Mexico as Argentina Plant Extends Monthly Production Pauses

Asda Puts Over 150 Jobs at Risk, Plans Evri Parcel Partnership and Regional Transport Hubs

Valeo to Close Bad Neustadt R&D Site as At Least 143 Jobs Are Cut

TN & Platex Suspends Production at Tucumán Plant, 190 Workers Off the Job

Macy’s Names 14 Store Closures for Early 2026 as Turnaround Push Continues

N26 Co-Founder Tayenthal to Leave Dec. 31 as CFO Becomes Interim Head

Zipcar Proposes UK Exit, Stops New Bookings After December 31