Restructuring

Layoffs
Commentary

Most business turnarounds fail. Here’s why the best ones cut to strength

By
September 22, 2025
Julie Sweet
Success

How Accenture CEO Julie Sweet communicated a major restructuring to 770,000 employees across 120 countries without ever sending a memo

By
September 1, 2025
Oliver Blume, chief executive officer of Volkswagen AG, during the company's annual news conference in Wolfsburg, Germany, on Tuesday, March 11, 2025
Companies

Porsche CEO seeks fresh cost cuts, warning business model ‘no longer works’ in post-Trump, new China world

By
July 21, 2025
Julius Baer announces 400 job cuts, executive board revamp
Finance

Julius Baer announces 400 job cuts, executive board revamp

By Noele Illien and Bloomberg
February 3, 2025
HSBC managers are competing to keep their jobs in CEO’s revamp
Finance

HSBC managers are competing to keep their jobs in CEO’s revamp

By Ambereen Choudhury, Harry Wilson and Bloomberg
November 18, 2024
Anne Wojcicki, wearing a red dress, sits in a white chair as she speaks.
Tech

After its entire board resigned overnight, 23andMe will cut over 200 employees and its cancer research in an urgent bid to nurse the company back to health

By
November 12, 2024
shuttered TGI Fridays
Finance

TGI Friday’s is the latest fast-casual dining chain to go bankrupt

By Jonathan Randles and Bloomberg
November 2, 2024
OpenAI CEO Sam Altman
Tech

OpenAI may have exceeded the limits of its split corporate structure, experts say

By Thalia Beaty and The Associated Press
October 12, 2024
Warren Buffett with Wilbur Ross (center).
Finance

My run-in with Warren Buffett involved a bankrupt textile mill—I outbid him, but he held no grudge: Wilbur Ross

By
September 9, 2024
Kellogg's cereal at the grocery store
Retail

Kellogg’s is reorganizing, downsizing, and cutting hundreds of jobs as U.S. cereal demand gets soggy

By Dee-Ann Durbin and The Associated Press
August 6, 2024
Male and female business colleagues working against window in office
Finance

1 in 15 European companies face restructuring pressure, with Germany, Austria and the Nordics taking the lead

By Libby Cherry and Bloomberg
June 3, 2024
LVMH’s Belloni signs off after 23 years as second-in-command, amidst the luxury group’s reshuffle and longstanding succession suspense
Retail

LVMH’s Belloni signs off after 23 years as second-in-command, amidst the luxury group’s reshuffle and longstanding succession suspense

By Angelina Rascouet and Bloomberg
March 22, 2024
tubs of ben & jerry's ice cream
Finance

Ben & Jerry’s maker Unilever is spinning off its ice cream unit and slashing up to 7,500 jobs amid activist investor pressure to streamline its business

By
March 19, 2024
Citigroup CEO Jane Fraser
Finance

Wall Street’s most powerful woman shakes up Citibank in bid to narrow gap with rivals: ‘We’ll be saying goodbye to some very talented and hardworking colleagues’

By
September 14, 2023
UBS chief executive Sergio Ermotti
Finance

UBS reaps windfall gain from Credit Suisse deal after Swiss bank nabs rival for bargain $29 billion discount 

By
August 31, 2023

Most Popular