Large-scale layoffs rarely lead to sustainable profit improvement unless they are paired with significant, forward-looking ...

TOKYO >> Panasonic Holdings said today it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this business year as part of an overhaul of the company.

(AP) Restructuring costs and lower sales have pushed telecoms equipment maker Alcatel-Lucent into a third-quarter loss. Alcatel-Lucent says Friday it lost 146 million ($188 million) in the ...

Under Armour, Inc.’s UAA first-quarter fiscal 2026 performance reflects the benefits of its ongoing cost optimization and restructuring program, which is delivering notable improvements in operating ...

Lorberbaum stated, "We expect our third quarter EPS will be between $2.56 and $2.66 excluding any restructuring or onetime charges." Brunk forecasted, "We are forecasting a Q3 and full year tax rate ...

PEORIA, Ill. — Caterpillar took a hit in the fourth quarter from restructuring costs and the heavy machinery maker issued a weak outlook for 2015, citing the tumbling price of commodities. Shares ...

CEO Jeremy Hoff highlighted that "Hooker Furnishings is taking decisive steps to return the business to profitability" through cost-reduction efforts and growth initiatives. He noted improvements at ...

The organisational restructuring at Ooredoo Oman will cost about OR15 million ($40 million) after the listed telecom became the latest major company in the sultanate to lay off employees as part of ...

AMSTERDAM (Reuters) -STMicroelectronics reported a second-quarter loss on Thursday, its first in more than a decade, falling short of market expectations as it took a $190-million hit for ...