Gogo lays off 55 as it seeks to turn around struggling in-flight Wi-Fi business

Troubled airline internet company Gogo let 55 people go this week in an effort to update its struggling business model. Most of the layoffs were in the commercial airline division located in Chicago, where the company is headquartered, according to.....»»

Lazard Ltd has bolstered its senior restructuring team as it seeks to win business from companies struggling to stay afloat in the midst of the economic turbulence caused by the global coronavirus pandemic......»»

Under Armour is struggling to turn around its North American business......»»

I recently flew Alitalia from New York's JFK Airport to Rome in business class after I scored an incredible deal, and managed to stack two different discounts on the flight. I was impressed by the onboard food and drinks, and the comfo.....»»

Nissan Motor Co Ltd is looking to sell its vehicle parts and materials distribution business in a deal that may be valued at about $1 billion, Bloomberg reported on Wednesday, as the struggling Japanese automaker seeks to slim down......»»

Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief Executive Christian Sewing as he attempts to turn around the struggling business......»»

Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business. David Pollard reports......»»

Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business......»»

Nissan is planning a reduction of more than 10,000 jobs globally as part of its strategy to turn around a struggling business, Kyodo News reported......»»

Deutsche Bank plans to scrap its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul designed to turn around the struggling German flagship lender......»»

Hawaiian Airlines currently is seeking Japanese speakers to fill flight attendant positions as the company continues to expand service. The company, which issued a call for applicants Thursday, said in a statement that “robust Japan business is s.....»»

Investors are gaining a bit more confidence that this struggling business can turn things around......»»

Japan's Nomura Holdings said on Thursday it would cut $1 billion in costs from its wholesale business and shut more than 30 of 156 domestic retail branches, in its latest strategy overhaul to turn around its struggling business......»»

The world's largest restaurant chain, which has been struggling to turn around its U.S. business, plans to expand abroad instead......»»

The Southwest Airlines Flight 1380 saga took a significant turn this morning. Sister publication Chicago Business Journal obtained a copy of an email dated Feb. 26 from Bret Oestreich, the national director of the Aircraft Mechanics Fraternal Associ.....»»

The Southwest Airlines Flight 1380 saga took a significant turn today. The Chicago Business Journal, a sister news organization to Atlanta Business Chronicle, today obtained a copy of an email dated Feb. 26 from Bret Oestreich, the national director of.....»»

Google is in talks to acquire Nokia Oyj’s airplane broadband business as the Alphabet Inc. unit seeks to tap into new services and reach more users by offering in-flight high-speed internet, people familiar with the matter said......»»

BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Most.....»»

BI Intelligence This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. Most fintechs, even the unicorns, aren't profit.....»»

GE shares surge, putting them within earshot of a new bull market, as investors cheer the industrial conglomerate’s $11.1 billion deal to merge its struggling transportation business with Wabtec Corp......»»