Paramount-Skydance merger cuts 2,000 US jobs
The landmark merger between Paramount Global and Skydance Media will result in significant workforce reductions across the United States as the entertainment giants streamline operations.
Category : Search result: debt restructuring
Bailiffs visit one UK home every 59 seconds
Shocking new data reveals bailiffs are visiting UK households at unprecedented rates as families struggle with mounting debt and rising living costs.
HMRC gains power to seize money from bank accounts
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
Texas University slashes liberal arts in major overhaul
The University of Texas at Austin announces sweeping cuts to liberal arts programmes, eliminating dozens of departments including philosophy and literature in a controversial shift toward vocational education.
Great British Railways plan scrapped by government
Plans to create Great British Railways have been officially abandoned after years of delays and political uncertainty, dealing a blow to rail reform efforts across Britain.
Rugby League Shakeup: London Skolars Axed in Expansion
Major restructuring sees London Skolars lose professional status while Championship welcomes Newcastle Thunder and sets ambitious expansion targets for 2026.
NBC News fires diversity teams in major restructure
NBC News eliminates dedicated diversity units and merges MSNBC's daytime programming in sweeping cuts that reshape the media landscape.
NBC News slashes 50 jobs, diversity teams hardest hit
NBC News slashes approximately 50 roles in dramatic workforce reduction, with diversity, equity and inclusion departments bearing the brunt of cuts amid corporate restructuring.
Nestlé axes 289 UK jobs in restructuring move
Food and beverage giant Nestlé announces significant workforce reduction across UK operations, cutting 289 positions while creating 187 new roles in strategic realignment.
Nestlé cuts 1,500 jobs in restructuring move
Nestlé's new CEO announces sweeping job cuts affecting 1,500 positions worldwide as the food giant restructures to boost sales growth and streamline operations.
NBC News axes dozens of staff in restructuring move
NBC News implements sweeping job cuts as the network undergoes significant internal restructuring, with dozens of positions eliminated across the organisation.
Global Debt to Hit 100% of GDP by 2029 - IMF
The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
TSB closes 36 branches, cuts 250 jobs across Britain
High street bank TSB reveals plans to shut 36 branches and cut 250 jobs in restructuring move affecting communities across England, Scotland, and Wales.
Channel Seven staff fear jobs in major network shake-up
Exclusive: Major changes at Channel Seven have staff on edge as network executives plan significant restructuring that could affect popular shows and on-air talent.
National League promotion revolution: Six teams could go up
Groundbreaking proposals could transform English football's promotion system, with six National League teams potentially earning EFL spots in radical overhaul.
Dalio: US Debt Crisis Could Spark Internal Conflict
Bridgewater founder sounds alarm over America's unsustainable debt levels, drawing parallels to historical periods of great internal conflict
Trump Ally Predicts Federal Workforce 'Bloodbath'
Exclusive: Former Trump administration official John McEntee predicts massive government purge and sweeping changes to federal employment in potential second term, sparking controversy and concern among civil servants.
Halifax, Lloyds & Santander cut 1,100+ banking jobs
Major UK banks Halifax, Lloyds and Santander announce significant job cuts affecting more than 1,100 positions while creating nearly 500 new roles in evolving banking sectors.
HSBC restructures as Hong Kong boss departs, London HQ strengthened
Exclusive: Hang Seng Bank CEO Diana Cesar exits amid HSBC's strategic pivot to London headquarters, signalling major Asian restructuring for the banking giant.
M&S closing 13 cafes in major UK restructuring
Marks & Spencer announces major cafe restructuring with 13 locations set to close, leaving loyal customers devastated and questioning the future of in-store dining.
M&S to close dozens of cafés in major store restructure
Marks & Spencer announces sweeping changes that could see dozens of in-store cafés close and hundreds of roles affected across its UK stores as part of a major business transformation.
Paramount axes CBS News executives in major shake-up
Major upheaval at CBS News as Paramount Global terminates multiple senior executives including co-presidents Neeraj Khemlani and Wendy McMahon in dramatic corporate overhaul.
NHS England overhaul plans stall amid growing opposition
Exclusive: Ambitious government proposals to transform NHS England face significant delays and opposition, with key reforms now in jeopardy as implementation timeline stretches indefinitely.
ATO chases decades-old tax debts from Australians
The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.
Burberry sacks diversity chief in major restructuring
Luxury fashion giant Burberry dismisses diversity head amid sweeping business overhaul and massive workforce reduction as new CEO attempts turnaround.
Westpac Axes 132 Jobs in Operational Overhaul
Australia's Westpac bank is cutting 132 roles in a significant operational overhaul, primarily affecting back-office and support staff, as part of a broader cost-cutting strategy.
Glasgow patients face 100-mile trips for surgery
Scottish health board confirms controversial plan to transfer general surgery from Glasgow's Queen Elizabeth University Hospital to Edinburgh, sparking patient welfare concerns.
HMRC's 'Breathing Space' for 1.4M in Tax Debt
Exclusive: HMRC launches a major new initiative to help over a million individuals and businesses struggling with tax bills, offering flexible payment plans and pausing debt collection.
Domino's Pizza Slashes Over 1,100 UK Jobs
Domino's Pizza Group announces the elimination of over 1,100 roles, primarily affecting delivery drivers, as part of a strategic shift following a business review and changing customer habits.
Charlotte Hawkins' GMB role axed in major ITV shake-up
ITV's flagship morning show 'Good Morning Britain' is undergoing a significant restructure, with long-standing presenter Charlotte Hawkins caught in the crosshairs of budget cuts and a strategic shift, sparking concerns over the programme's future directi
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