Tag Archives: Restructuring

Ubisoft has announced a “restructuring proposal” for its Finland-based RedLynx studio. The proposal aims to align with Ubisoft’s “global efforts to simplify, reduce costs, and a stronger prioritisation and efficiency across the company’s worldwide studio network.” A maximum of 60 positions could be affected if the proposal is put in place, primarily roles in production and administration. It would not …

General Mills Closing Three Plants in Supply-Chain Restructuring  The Wall Street Journal General Mills unveils moves to consolidate capacity and improve its cost structure  Seeking Alpha General Mills Announces Major Supply Chain Restructuring  TipRanks General Mills announces facility closures and restructuring charges in supply chain initiative  Investing.com Source link

Jack Jacobs September 30, 2025 9 Starbucks has closed at least two local cafes as part of a larger initiative to trim its store count across the country. (BizSense file) At least two Starbucks cafes have shuttered in Richmond in recent days as the Seattle-based coffee giant closes locations across the country and lays off employees. On the chopping block …

DANIA BEACH, Fla., Sept. 30, 2025 /PRNewswire/ — Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC (“Spirit” or the “Company”), continues to advance the Company’s transformation to position the airline for the future. At a hearing today before the U.S. Bankruptcy Court for the Southern District of New York (the “Court”), Spirit announced significant progress in its ongoing …

Exxon to Cut 2,000 Jobs in Global Restructuring  Bloomberg.com Exxon to cut 2,000 jobs in restructuring hitting Canada and EU  Reuters Our business transformation continues with a reorganization of our business in Europe, centralizing the majority of EU employees at key locations  Exxon Mobil Corporation Exxon Mobil to cut 2,000 jobs globally amid restructuring  Yahoo Finance Big Oil Is Getting Leaner and Leaner  The Wall …

Brake Giant Faces Restructuring  The BRAKE Report Troubled Auto Supplier First Brands Puts Affiliates Into Bankruptcy  The Wall Street Journal Apollo Sidestepped Blacklist to Short Ailing First Brands’ Loans  Bloomberg.com Lifting the hood on First Brands’ super high-yield SPE debt  Financial Times Hopkins Manufacturing parent company nearing Chapter 11 bankruptcy filing  KVOE Source link

Starbucks closing 6 Baltimore locations amid nationwide restructuring  The Business Journals Starbucks set to close stores, slash 900 jobs in restructuring plan  Yahoo Finance Starbucks list of store closures in Bay Area  KTVU Which Starbucks stores are closing down? Here’s what we know so far  USA Today At least seven Starbucks in Tucson set to close Sunday  kold.com Source link

CHICAGO — Starbucks is closing hundreds of stores across the United States, including locations in Chicago. The coffee behemoth announced this week it is closing about 1 percent of its stores in North America and laying off about 900 corporate employees as part of a restructuring plan, according to CNN. Some of the impacted locations are in Chicago, although a …

Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring  Reuters Starbucks announces significant store closures and layoffs  CNN Starbucks plans layoffs, store closures. Will Michigan be affected?  Detroit Free Press Starbucks to close stores, slash 900 jobs in restructuring plan  Yahoo Finance Starbucks to close stores, lay off workers in $1 billion restructuring plan  CNBC Source link

Starbucks to Close Stores, Cut Jobs in $1 Billion Restructuring  Bloomberg.com Starbucks announces significant store closures and layoffs  CNN Starbucks to close 1% of North American stores, lay off 900 non-retail employees  Business Insider Starbucks to Cut Hundreds More Corporate Jobs, Close Stores  The Wall Street Journal Starbucks to close stores, cut 900 jobs in $1B restructuring  Axios Source link