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Bombardier to Cut 5,000 Jobs, Sell Units in Restructuring

Bombardier said it would shed its turboprop unit and a training business as part of a streamlining that will generate net proceeds of some $900 million and eliminate about 5,000 jobs......»»

Category: smallbizSource: wsjNov 9th, 2018

Major jet maker to cut 5,000 jobs in restructuring

Bombardier Inc. plans to cut about 5,000 jobs while selling its turboprop unit and a training business as Chief Executive Officer Alain Bellemare extends a far-reaching turnaround drive at the debt-laden Canadian aerospace company......»»

Category: topSource: moneycentralNov 8th, 2018

Apple’s ‘Amazing Story’: Apple TV Plus Isn’t Just Another Streaming Service

The iPhone maker wants to sell streaming video watchers the stars, but it won't say the price. Before Steven Spielberg walked on stage for Monday morning’s Apple special event, Steve Jobs Theater already had more stars than Washington D.C.....»»

Category: europeSource: fortune5 hr. 30 min. ago

Cypress Energy files to sell $100M of common units representing limited partners

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 18th, 2019

After a Brutal Year, the Dog Days Are over for Activision Stock

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Never easy, CEO Bobby Kotick announced that 8% of its staff or 750 people would lose their jobs. The restructuring would see the money saved from 750 paychecks reinvested in its cor.....»»

Category: topSource: investorplaceMar 16th, 2019

CPT to cut 70% of jobs

Chunghwa Picture Tubes (CPT) has announced plans to slash as many as 2,500 jobs or nearly 70% of its total workforce, as it struggles to survive from its restructuring efforts......»»

Category: topSource: digitimesMar 12th, 2019

MPLX files to sell 26.93M Series A Preferred units representing limited partners

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 8th, 2019

Autoworker upheaval: Families split, children left behind

General Motors says nearly all of its blue-collar workers in the U.S. whose jobs are facing elimination in a companywide restructuring have work waiting for them at GM's remaining factories......»»

Category: topSource: foxnewsMar 3rd, 2019

Under Armour cutting 50 jobs at Baltimore HQ as part of restructuring

Under Armour Inc. is laying off 50 people at its Locust Point headquarters, part of a restructuring plan announced last year to cut 400 positions across the sportswear maker. The Baltimore layoffs will take place between March 8 and June 30, according to.....»»

Category: topSource: bizjournalsFeb 28th, 2019

NanoViricides to sell 6.94M units at 36c each in private placement

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 27th, 2019

Macy"s new restructuring to cut 100 senior jobs, save $100 million annually

Macy's Inc, the largest U.S. department store chain, said on Tuesday it would cut 100 senior management positions to reduce costs and improve profitability, and reported holiday same-store sales growth short of Wall Street's expectations......»»

Category: topSource: reutersFeb 26th, 2019

Macy’s beats earnings expectations, plans to cut upper management

The company will cut jobs as part of a restructuring plan to generate $100 million in annual cost savings......»»

Category: topSource: washpostFeb 26th, 2019

Ford to close oldest Brazil plant, exit South America truck biz

Ford Motor Co said on Tuesday it will close its oldest factory in Brazil and exit its heavy commercial truck business in South America, a move that could cost more than 2,700 jobs as part of a restructuring meant to end losses around the world......»»

Category: topSource: reutersFeb 19th, 2019

Ford"s truck exit from South America to cost 2,700 jobs

Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America in a plant closing that could cost more than 2,700 jobs, part of a global restructuring meant to end losses in different regions......»»

Category: topSource: moneycentralFeb 19th, 2019

Ford"s truck exit from South America to cost 2,700 jobs

Ford Motor Co said on Tuesday it would exit its heavy commercial truck business in South America in a plant closing that could cost more than 2,700 jobs, part of a global restructuring meant to end losses in different regions......»»

Category: topSource: reutersFeb 19th, 2019

A hedge fund’s ‘mercenary’ strategy: Buy newspapers, slash jobs, sell the buildings

Alden Global Capital says it is saving newspapers. Records show its subsidiaries are profiting from the remnants of their demise......»»

Category: topSource: washpostFeb 12th, 2019

Bombardier announces leadership changes to business units

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 7th, 2019

GE’s French Jobs Fine Is Only Tip of Power Woes

It owes $57 million for falling short on a jobs pledge, but there’s much more restructuring work – and associated costs – ahead......»»

Category: topSource: washpostFeb 5th, 2019

Kimbell Royalty Partners files to sell 6.5M units for partners

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 30th, 2019

AT&T cutting jobs in underperforming business units, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 28th, 2019

AT&T to cut jobs in weaker business units

AT&T Inc is cutting some jobs in declining areas of its business, while hiring more people in faster-growing segments, an AT&T spokesman said on Monday......»»

Category: topSource: moneycentralJan 28th, 2019