A prominent UK supermarket chain has unveiled plans to close a number of its stores, impacting several communities. The move is part of a strategic review to ensure long-term viability in a competitive retail market.
A major pharmaceutical multinational has announced a drastic cost-cutting plan, putting 9,000 roles at risk globally. The move signals deepening turmoil within the industry, raising concerns for the UK's strategic life sciences sector.
A coalition of Vodafone franchise owners has launched a groundbreaking lawsuit against the telecoms giant, alleging systemic failures in its franchising division that have pushed their businesses to the brink. The legal action, one of the largest of its k
Exclusive: Two of Britain's leading banks, ANZ and National Australia Bank, announce significant job cuts as part of a major operational restructuring, affecting hundreds of UK banking staff.
O2 issues an urgent alert to millions of its customers across the UK about a sophisticated 'smishing' scam. Learn how to spot the fake text message and protect your finances from fraudsters.
ANZ Bank announces a massive restructuring plan, slashing thousands of jobs in Australia to cut costs and boost efficiency. The move signals a major shift in the banking sector's operational strategy.
UK publishing powerhouse Reach PLC, owner of the Daily Mirror and Express, has unveiled a significant restructuring plan that could lead to 450 job cuts. The move is a strategic response to a challenging print market and rising costs, aiming to refocus on
Financial giant Standard Life Aberdeen announces 500 job cuts as part of a £75m cost-saving initiative, aiming to streamline operations and boost profitability.
The University of Technology Sydney can proceed with its controversial restructure after the NSW regulator lifted its order, despite ongoing union concerns over job losses and transparency.
New Ofcom data reveals a staggering £1.6 billion loyalty penalty hitting broadband customers who don't switch. Discover why out-of-contract users pay up to 25% more and how to slash your bill today.
Australian tech giant Atlassian, co-founded by billionaire Mike Cannon-Brookes, is laying off 5% of its staff in a strategic pivot towards artificial intelligence, impacting hundreds of employees globally.
American restaurant chain Smokey Bones, a direct competitor to TGI Fridays, has suddenly closed several of its UK branches. The closures are part of a major strategic review, leaving customers and staff surprised. Find out which locations are affected and
Iconic accessories retailer Claire's is set to close several of its UK stores as part of a major Company Voluntary Arrangement (CVA) restructuring plan, impacting the British high street.
Exclusive: Lloyds Banking Group launches a sweeping operational review, putting 1,600 roles under consultation while simultaneously creating 830 new positions in a strategic shift towards enhanced digital services.
Major creditors have tabled a radical £20 billion restructuring plan to rescue Thames Water from administration, aiming to secure the future of Britain's largest water company and prevent a national crisis.
Laurent Freixe, the long-serving CEO of Nestlé UK & Ireland, has been abruptly dismissed as the food giant scraps its regional management boards in a major corporate overhaul.
Exclusive: Chancellor Rachel Reeves pushes for significant losses for Thames Water's creditors in a radical restructuring plan, aiming to protect billpayers from the burden of the utility's massive debt.
A significant Verizon network outage across the United States has left customers unable to make calls, send texts, or use data, sparking a wave of frustration and urgent investigations.
Verizon has abruptly disconnected tens of thousands of long-standing customers across the US in a drastic move to purge 'low-value' accounts, leaving users furious and stranded without service.
US budget carrier Spirit Airlines files for Chapter 11 bankruptcy, its second filing in 11 years, as it grapples with mounting debts and fierce industry competition, casting uncertainty over its future operations.
A major political battle has erupted at the US Federal Communications Commission (FCC), with Trump-appointed commissioner Nathan Simington refusing to relinquish his position, effectively blocking President Biden's nominee and creating a 2-2 partisan dead
Norfolk-based sports car manufacturer Lotus is set to cut up to 200 jobs as part of a significant restructuring plan, citing a necessary strategic pivot towards an all-electric future under its Chinese parent company, Geely.
Ford Motor Company announces significant job cuts, eliminating 1,400 positions across Michigan and New York as part of its strategic shift toward electric vehicle production.
Exclusive report: CBS News makes dramatic cuts, parting ways with broadcasting icon Gayle King and executive Neeraj Khemlani in a sweeping overhaul by parent company Paramount Global.
Major Australian universities are cutting hundreds of academic jobs and dozens of courses amid financial pressures and government funding reforms, sparking protests and concerns about the future of higher education.
Costa Coffee, the UK's largest coffee shop chain, is slashing 1,650 jobs in a devastating blow to the high street. The drastic cuts come as parent company Coca-Cola implements a major restructuring plan to address changing consumer habits post-lockdown.
Hundreds of TikTok's UK-based trust and safety roles are at risk as the video-sharing giant launches a major global restructure, leaving employees devastated.
TikTok has announced a significant restructuring of its UK operations, resulting in hundreds of job losses. The move impacts sales and advertising staff as the tech giant streamlines its European business.
Exclusive: The Welsh Rugby Union is poised to confirm a seismic restructuring plan that could see the number of professional teams slashed in a desperate bid to secure the future of the game in Wales.
CBS News announces major changes to its evening broadcast format, resulting in the departure of two prominent anchors. Discover the details behind this dramatic restructuring.