Net profit Q4 share of 1.8 billion euros compared to forecast of 951 millionThe period concludes the restructuring programQ4 investment banking revenue disappointsStocks drop as much as 5% before recouping…
SAN FRANCISCO, Feb 1 (Reuters) - Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the electric vehicle maker, already struggling with…
The move underscores the efforts of Prime Minister Giorgia Meloni's right-wing government to reduce the role of unelected senior technicians who wield power behind the scenes. A number of senior…
Tech Stocks Lead LossesPhilips will cut 13% of jobs to increase its profitabilitySTOXX 600 down 0.6%Jan 30 (Reuters) - European stocks fell on Monday as cautious investors anticipated a series…
(Alliance News) - There is a stir at BFF Spa over the handling of 49 redundancies after union negotiations, after 11 meetings, still yielded no results and, following the January…
Executive Overview LZG International, Inc. was a "blank check" company until it was acquired by the current management team on October 23, 2021 (“AI Summary”). Embedded in the state of…
Jan 17 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced European companies to lay off or freeze hiring.Here are some of the companies that have…
LONDON, Jan 11 (Reuters) - Banks have started cutting jobs around the world, hit by cost pressures from inflation and falling earnings in many core business sectors in markets volatility…
Enerpac Tool Group Corp. is a premier industrial tools, services, technology and solutions company serving a broad and diverse set of customers in more than 100 countries. The Company makes…
Italy adopts a decree to facilitate the sale of ITA AirwaysPredecessor Alitalia considered a national iconDeal could test right-wing Rome government's nationalist agendaAnalysts see merging with a stronger rival as…