They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able ...
Peloton has secured a critical US$1bn five-year loan to shore up its finances. The loan has repayment terms which are 600 ...
Midland, MI, Apr. 30--Moving forward with a long-term cost reduction plan, Dow Chemical Co. said Thursday it would cut 3,000 jobs globally this year. The announcement came as the company posted a ...
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, opens new tab announced on Tuesday that it plans to cut hundreds of jobs at its corporate headquarters and relocate a majority of its U.S. and Canada-based remote workforce to three offices, a ...
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they’re struggling to pay even the interest on their loans — has soared to nearly 7,000 ...
This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.
(RTTNews) - Telstra Corp. Ltd. (TLSYY.PK, TLS.AX, TLS) announced plans to streamline its operations and cut costs, aiming to reduce its direct workforce by up to 2,800 jobs by the end of this year.
Microsoft is to begin another round of job cuts, with most falling on its Azure cloud unit and mixed reality division. The cuts are likely to affect more than 1,000 employees, according to a ...
An Associated Press analysis found the number of publicly-traded “zombie” companies — those so laden with debt they're ...
News and intelligence on global wind energy markets Breaking industry news and email bulletins Analysis of the latest trends to help you make informed decisions ...
Gov. Gavin Newsom (D-CA) announced on Friday his revised $288 billion budget for 2024-2025 that calls for spending cuts in 260 different state programs, slashing over 10,000 vacant jobs, and ...