Category : Search result: corporate restructuring


Glencore keeps London listing, rejects US move

Glencore, the global mining powerhouse, has decided against relocating its primary stock market listing from London to the US, reaffirming its commitment to the UK financial hub.

Toyota memo on 'short skirt' sparks outrage

A Toyota Australia staff member was left mortified after an internal memo criticising a female colleague's 'short skirt' at a club event went viral, sparking backlash over workplace sexism.

Morrisons cuts 3,600 jobs in restructuring move

Supermarket giant Morrisons announces plans to axe 3,600 roles as part of a restructuring effort, closing warehouses and revamping stores. Find out how this impacts employees and shoppers.

CEO resigns after Cincinnati brawl scandal

A high-profile CEO has resigned following widespread backlash over his involvement in a violent altercation in Cincinnati, citing an inability to lead effectively.

McDonald's UK cuts Children in Need donations

New financial accounts reveal McDonald's UK significantly reduced its contributions to Children in Need last year, raising questions about corporate social responsibility.

Tesla gives Musk $30bn share award

Elon Musk secures a colossal $30bn share package from Tesla's board, marking one of the largest executive payouts in corporate history.

Papa John's Closing 70 UK Stores

Papa John's is set to close 70 of its UK stores as part of a major restructuring plan. Find out which locations are affected and why the pizza chain is making these cuts.

Meta's 'Cannoli Boss' Zufi Abdul: Scandal and Exit

Zufi Abdul, the former Meta executive known as the 'Cannoli Boss', has sparked headlines with her dramatic exit. Discover the inside story of her tenure and the scandals that led to her downfall.

HSBC to cut hundreds of jobs in Canada

HSBC reveals plans to slash hundreds of jobs in Canada as part of a broader cost-cutting strategy, raising concerns over its long-term commitment to the market.

DfT civil servants moved to state rail operator

The UK government is set to transfer hundreds of Department for Transport civil servants to the state-owned rail operator, marking a significant restructuring of rail governance.

ITV axes 200+ jobs in £50m cost-cutting drive

ITV is set to axe more than 200 jobs as part of a major restructuring plan to cut costs and streamline operations. The broadcaster aims to save £50 million annually amid industry challenges.

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