Large-scale layoffs rarely lead to sustainable profit improvement unless they are paired with significant, forward-looking strategic changes.
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Major moves can have a major impact — but so can more ...
Procter & Gamble plans to cut 7,000 jobs, representing 6.4% of its workforce, over the next two years. P&G is also reviewing its product portfolio and geographic presence, with potential brand ...
Intel Corp. plans to wind down its automotive business and lay off most of the unit’s employees. The Oregonian reported the development Tuesday, citing an internal company memo. Intel confirmed the ...
SUNNYVALE, Calif., Nov. 11, 2024 (GLOBE NEWSWIRE) -- 23andMe Holding Co. (Nasdaq: ME) (the “Company” or “23andMe”), a leading human genetics and preventive health company, today announced a business ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The move, aimed at driving ...
Office Properties Income Trust (“OPI” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (“RSA”) with an ad hoc group (the “September 2029 Ad Hoc Group”) of ...
Restructuring Supports RYTELO ® U.S. Commercial Strategy and Investment in Clinical Development Expected to Reduce 2026 Projected Operating Expenses FOSTER CITY, Calif., Dec. 11, 2025 (GLOBE NEWSWIRE) ...