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 ...

Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10 percent and predicted the trend will get worse throughout its current ...

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 ...

, 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 ...

NEW YORK, May 21, 2024 /PRNewswire/ -- Peloton Interactive, Inc. ("Peloton") (Nasdaq: PTON) today announced the pricing of $300.0 million aggregate principal amount of Convertible Senior Notes due ...

This company was thriving during the pandemic and, unfortunately, assumed the boom times would last when economies reopened.

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(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.

Walmart Inc. plans to lay off hundreds of corporate workers and is asking others to relocate to new cities, the Wall Street Journal reported Monday night. According to the Journal, which cited ...

The Peloton platform will soon make it easier to find friends to workout with, by listing users' real names in search results. Users can opt out, but the new feature will be switched on by default ...

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 ...