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You Searched For "restructuring plans" and got 17 results


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Spirit Airlines stock plunges after report it's considering filing for Chapter 11 bankruptcy

A Chapter 11 bankruptcy has the potential to let Spirit Airlines restructure its debt following a f…

Lian Kit Wee,Will Martin   


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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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Southwest is making big route changes as it prepares to reveal new details of its turnaround plan

Southwest reportedly plans to cut some 340 pilots and flight attendants at its busy Atlanta base as…

Taylor Rains   


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A major Middle Eastern airline is planning a $1 billion plane revamp after Boeing's new jet was delayed again

Etihad's CEO told two outlets it plans to start by upgrading its Boeing jets. He previously said th…

Pete Syme   


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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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Jeff Bezos' plan for The Washington Post is imploding

Bezos' grand plans to remake The Washington Post seem to be blowing up after the incoming newsroom …

Kieran Corcoran,Chris Johnston   


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1 min read

Samsung Electronics plans to lay off over 200 Indian employees to reduce costs, details inside

Samsung Electronics is set to lay off over 200 employees in India, impacting various departments su…

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5 mins read

I was put on a PIP at a top tech company. It was a much-needed kick in the butt and I was determined to overcome it.

A former program manager who was placed on a PIP at a top tech company says their initial reactions…

Robin Madell   


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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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1 min read

Investors cheer Raymond’s restructuring plan to reduce debt

Textile-to-engineering conglomerate Raymond announced a restructuring plan to merge some of its bus…

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1 min read

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

Nokia to fire 10,000 employees globally over the next two years as it shifts investments to 5G, cloud and digital infrastructure

Nokia has announced it will lay off 10,000 employees in the next two years as part of its restructu…

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1 min read

Whole Foods plans layoffs as part of reorganization involving merchandising, operations, HR, and tech teams

The company said it expects layoffs to impact a small percentage of employees and won't involve cut…

Tyler Sonnemaker   


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Bankruptcies have hit the fastest pace since the Great Recession — and more companies are expected to file

This year alone, 98 companies have filed for bankruptcy, the most since 2009, according to Bloomber…

Carmen Reinicke   


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2 mins read

Wells Fargo plans to sell its asset management business for over $3 billion after posting 57% drop in 3rd-quarter profit, report says

The US bank has held talks with potential asset management companies and private equity firms, but …

Shalini Nagarajan   


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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