Restructuring

Macy's announced on Tuesday that it will close 150 underperforming stores over the next three years as it seeks to revive itself by focusing more on luxury products and better ...

TuSimple Holdings Inc. said on Thursday it will cut 30 percent of its workforce in the United States ...

TOKYO—Japanese technology giant Toshiba has named a new chief executive as it seeks shareholder approval for a restructuring ...

Shares of China Evergrande Group tumbled on Jan. 27, a day after the debt-saddled developer announced a six-month ...

MUNICH—French train maker Alstom plans to cut up to 1,300 of its roughly 10,000 jobs in Germany over ...

Jack Ma’s Ant Group is undergoing a “brand differentiation” process over its loan provider as part of its ...

BERLIN—German car parts maker Continental announced plans for a restructuring that will combine from the start of next ...

BRUSSELS—EU competition regulators will investigate whether a 3.2–billion-euro ($3.8 billion) restructuring plan for ailing Portuguese airline TAP is ...

FRANKFURT—Germany's Commerzbank reported a $3.3 billion fourth-quarter loss on Thursday, sinking further into the red as it continued ...

NEW YORK—NBC News chief Andy Lack is out following a corporate restructuring announced on May 4 that places ...

Apple Inc has asked its major suppliers to assess the cost implications of moving 15 percent to 30 ...

WASHINGTON—General Motors Co on Feb. 4 said it was starting to hand pink slips to about 4,000 salaried ...