Future cuts at the beverage giant are expected to occur in phases during the coming months.

OpenAI said on Monday it is pursuing a new restructuring plan after conversations with Delaware’s and California’s attorneys general, both of whom were closely watching as OpenAI tried to break free ...

The company aims to create a leaner, faster organization, eliminating approximately 400 salaried positions across its Americas business by the end of 2025 CHICAGO--(BUSINESS WIRE)--Molson Coors ...

Valuing a company is always a challenge, no matter its industry, size or relevance. The challenge is even harder when the company is a money losing one operating in a cyclical, highly competitive and ...

In a Facebook post on Wednesday, the company said the suspension was "part of an internal business restructuring and service ...

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 ...

Company Expects to Emerge from Chapter 11 Process in the Next Several Weeks DURHAM, N.C.--(BUSINESS WIRE)-- Wolfspeed, Inc. (WOLF), a global leader in silicon carbide technologies, today announced ...

STOCKHOLM, July 30 (Reuters) - A group of bondholders in Europe's largest debt collector Intrum (INTRUM.ST), opens new tab is seeking to challenge a restructuring of the Swedish company's own 5.4 ...

When Zimbabwe's Supreme Court handed down Nyamande & Another v Zuva Petroleum (SC 43/15) in July 2015, it reaffirmed an employer's common-law right to terminate employment on notice, and the aftermath ...