Large-scale layoffs rarely lead to sustainable profit improvement unless they are paired with significant, forward-looking ...

‘Having gotten this financial restructuring completely behind us with extraordinary results where we now have a genuine financial strength so that we can focus completely on business strategy and ...

When a company faces a mortally challenging event — a large customer is lost or the rise in the cost of capital is untenable — the underlying business may lack the cash flow to support its leverage, ...

Learn how restructuring charges impact company profits and stakeholder value. Discover examples and understand why firms take ...

The Small Business Administration (SBA) announced it will cut about 2,700 jobs, which make up about 43% of its workforce, as part of a restructuring of the agency. The SBA, which was established in ...

Major moves can have a major impact — but so can more agile, incremental changes. With customer bases evolving, competition always on the horizon and consumer attitudes constantly changing, ...

Bombardier executives are pointing to their company’s third-quarter financial performance as evidence that a turnaround plan started several years ago is working. That plan has seen Bombardier divest ...

Newell Brands' 1Q23 results showed net sales and core sales declines, validating bear case concerns, but the company reaffirmed its full-year 2023 guidance, indicating expectations of improved ...

The British-based cinema giant unveiled a court-directed plan to shutter six locations and renegotiate rents to get back to profitability. By Etan Vlessing Canada Bureau Chief Regal-owner Cineworld ...

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 ...