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1 min read

Adam Neumann got cut out of WeWork's restructuring plan

WeWork has a new plan to get out of bankruptcy — and it doesn't involve Adam Neumann, who wan…

Geoff Weiss   


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3 mins read

Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ

The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the …

Ayelet Sheffey,Madison Hall   


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1 min read

Citigroup to cut 20,000 jobs in big corporate overhaul

Global banking major Citigroup will reduce 10 per cent of its workforce, or about 20,000 employees,…

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1 min read

Hindustan Zinc proposes to create separate entities as part of restructuring

The Board of Directors of Hindustan Zinc have decided that considering the scale, nature, and poten…

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5 mins read

Jack Altman led his software unicorn Lattice through blitzscaling and a restructuring. Now he's stepping back at a crucible moment for tech.

Jack Altman tells Business Insider exclusively that he wants to return to building at the early sta…

Melia Russell   


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2 mins read

Amazon India lays off 400-500 employees as part of global restructuring

Amazon India has laid off up to 500 employees from Amazon Web Services (AWS) and the HR and support…

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2 mins read

Jack Ma reportedly proposed a restructure at Alibaba, and it has echoes of what's been happening at Meta

Alibaba cofounder Jack Ma retired from the company in 2019, but he was back advising the company in…

Huileng Tan   


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Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise

Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…

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2 mins read

Country Garden, one of China's real-estate behemoths, could look at restructuring its debt after missing key interest payments this week: JPMorgan

Country Garden issued a profit warning on Thursday that is likely a "prelude to an ultimate credit …

Huileng Tan   


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1 min read

Ray Dalio says the financial system will need 'big restructurings' soon as debt burdens become unsustainable

The current cycle is when "the tightening to fight inflation is causing a cracking in the financial…

Phil Rosen   


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1 min read

Carvana plunges 45% as major creditors reportedly form pact to cooperate on restructuring

Carvana's corporate debt issue maturing in 2029 is trading at just 32 cents, distressed levels that…

Matthew Fox   


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2 mins read

Alibaba shares surged 16% on hopes that the Chinese tech giant's restructuring means Beijing's tech crackdown is finally ending

The Hong Kong Stock Exchange-listed Alibaba shares closed 12% higher, while shares of its major sha…

Huileng Tan   


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Meta reportedly announced a hiring freeze and warned employees of restructuring

Meta CEO Mark Zuckerberg had previously said that many teams would "shrink" this year in effort to …

Travis Clark   


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3 mins read

Insiders describe 'complete chaos' at Oracle following layoffs and restructuring

Inside Oracle's layoffs, potentially impacting thousands — those who haven't yet been laid of…

Jordan Parker Erb   


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3 mins read

Cannabis org The Parent Company establishes restructured partnership with Jay-Z's Roc Nation and SC Branding

The Parent Company and Jay-Z's Roc Nation and SC Branding have established a revised strategic agre…

John Lynch   


Kieran Press-Reynolds,Geoff Weiss   


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1 min read

We updated our Netflix org chart — including new top advertising, gaming, and marketing leadership — after a year of layoffs and restructuring

After a year of layoffs, exec exits, and restructuring at Netflix, we updated our exclusive chart o…

Ashley Rodriguez   


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2 mins read

China's government is stepping in to help Evergrande deal with its debt, as it has with previous large-scale corporate clean-ups

This comes after Evergrande said in filing to the Hong Kong Stock Exchange there was "no guarantee"…

Huileng Tan   


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3 mins read

MSMEs with bank loans due up to Rs.50 crore can get their loans restructured

The second iteration of RBI’s restructuring offer was originally introduced in early May but was…

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2 mins read

Sam Bankman-Fried's FTX wants to sell some of its last remaining solvent businesses as its restructuring process picks up

The troubled firm wants to sell several subsidiaries, including US derivatives platform LedgerX.

Morgan Chittum