CNN dismantles White House reporting team in major shakeup
CNN CEO Mark Thompson axes dedicated White House unit in radical restructuring, merging political coverage into broader news teams amid declining ratings and internal turmoil.
Category : Search result: bank restructuring
Petrofac administration crisis threatens North Sea operations
Energy services heavyweight Petrofac teeters on administration edge as restructuring talks intensify, threatening thousands of UK jobs and North Sea operations.
Starbucks UK Closures: Full List of Shutting Stores
Starbucks announces significant restructuring plan affecting multiple UK locations, with ten branches already confirmed for closure. Discover which high street spots are disappearing and what it means for your daily caffeine fix.
Welsh Rugby to Lose One Region in Three Years
Welsh rugby is set for its biggest structural change in decades as financial pressures force the elimination of one of its four professional regions, reshaping the nation's sporting landscape.
Target Plans Thousands of Job Cuts Amid Stagnant Sales
American retail colossus Target reveals plans to cut thousands of corporate positions in strategic cost-cutting move following disappointing sales performance and changing consumer habits.
Target slashes 1,800 jobs in shock Wall Street move
American retail giant Target abruptly eliminates 1,800 positions in latest corporate restructuring, sending shockwaves through financial markets and raising concerns about UK retail sector stability.
China's Communist Party Reshuffles Beijing Leadership
The Chinese Communist Party has unveiled significant personnel changes in Beijing's leadership structure, marking one of the most substantial political reorganisations in recent years.
Unilever restructures North American business operations
Consumer goods giant Unilever announces significant restructuring of its North American operations, affecting household names including Dove, Marmite and Magnum as part of global efficiency drive.
Molson Coors shuts Leinenkugel brewery, cuts 120 jobs
In a major blow to American brewing heritage, Molson Coors announces the shutdown of its iconic Leinenkugel's facility in Wisconsin, cutting over 120 positions amid strategic restructuring.
Pizza Hut Closes Dozens of UK Restaurants
Dozens of Pizza Hut restaurants across Britain are set to close permanently, affecting hundreds of jobs as the chain undergoes significant restructuring amid challenging market conditions.
Pizza Hut to close dozens of UK restaurants
Dozens of Pizza Hut restaurants across Britain face permanent closure as the chain undergoes significant restructuring, putting hundreds of hospitality jobs at risk nationwide.
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.
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.
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.
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.
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