Were there different phases of this anti-corruption drive, and did its contours reveal something about Xi’s political priorities? At first, Xi focussed very heavily on the security services—the…
Read more Xi Jinping’s Purge and What Trump’s Foreign Policy Means for ChinaEric Vaughan, CEO of enterprise-software powerhouse IgniteTech, was unwavering as he reflected on the most radical decision of his decades-long career. In early 2023, convinced generative AI was…
Read more This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough. 2 years later, he says he’d do it again | FortuneStarbucks is taking “significant action” to turn around its struggling business, closing a large number of cafés and announcing a second round of layoffs at its headquarters as…
Read more Starbucks announces significant store closures and layoffsExpertise in credit management will help organizations with complex credit and financial challenges Online, December 9, 2024 (Newswire.com) – Harney Partners, a national corporate turnaround and restructuring advisory…
Read more Harney Partners Hires Louis Natale to Lead Expansion in New York RegionMISSISSAUGA, Ontario, September 26, 2024 (Newswire.com) – Pride Group Logistics Ltd. (“Pride Group Logistics”) today provided an update on its proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”).…
Read more CCAA Court Approves Sale of Pride Group LogisticsMISSISSAUGA, Ontario, August 15, 2024 (Newswire.com) – Pride Group Holdings Inc. and related companies (collectively, the “Pride Group”) had sought and obtained creditor protection under the Companies’ Creditors…
Read more Pride Group Restructuring UpdateBuy now pay later (BNPL) start-up Simpl has let go of 30 more employees a month after it laid off 160 people. Recently, the firm has also seen…
Read more Simpl sees another round of layoffs, rejigs senior leadership(Reuters) – Shares of DXC Technology slumped 18% on Friday, after the IT services provider unveiled a new revamp and forecast fiscal 2025 revenue and profit below estimates.…
Read more DXC Technology tumbles as investors fret over latest restructuring plan
