Corporate Organizational Restructuring

Rent the Runway is putting in place another restructuring plan that includes cutting about 10% of its corporate roles.The fashion subscription company on Tuesday said the turnaround plan comes with the resignation of Anushka Salinas as operating chief and president, effective Jan. 31.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Rent the Runwayis putting in place another restructuring plan that includes cutting about 10% of its corporate roles.The fashion…

Newell Brands will slash about 7% of its office roles and pare down its real-estate footprint in an organizational realignment.The Atlanta-based maker of Rubbermaid and Sharpie said it expected to realize annual pretax savings of $65 million to $90 million net of reinvestment, the majority of which is expected this year.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Newell Brandswill slash about 7% of its office roles and pare down its real-estate footprint in an…

Updated Jan. 3, 2024 1:36 pm ETXerox Holdings said it would reduce its workforce by 15% and shake up its leadership team as it reorganizes its operating model.The printer maker said Wednesday that it had formed a global business-services unit as part of the company’s restructuring as it aims to stabilize its core print business. Xerox also plans to increase its focus on its emerging information-technology and digital-services unit.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

Telefonica proposed a workforce restructuring plan that will affect 5,124 jobs in Spain as part of its reorganization.The Spanish telecommunications company on Monday told unions that it aims to implement a labor force adjustment plan by 2026, due to organizational, technical and production needs, a spokesperson from trade union UGT told Dow Jones Newswires.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Telefonicaproposed a workforce restructuring plan that will…

Nov. 16, 2023 10:10 am ETSINGAPORE—Washington’s latest curbs on the export of high-performance chips to China are beginning to bite.Alibabaon Thursday said it had scrapped its plan to spin off and list its cloud-computing division, citing the impact of the export controls that took effect late last month. The restrictions “may materially and adversely affect” the cloud business’s ability to offer products and services and to perform under existing contracts, Alibaba said, adding that it would focus on the division’s…

Kate Johnson is betting nearly $1 million that the investors fleeing her company are wrong.Johnson bought 1 million shares of Lumen Technologies stock last week as it dipped into penny-stock territory, costing the telecommunications company boss $970,000. The former Microsoft and General Electric executive said the purchase made sense as she felt investors overreacted to a complicated third-quarter report and restructuring plan.Copyright ©2023Dow Jones & Company, Inc. All Rights Reserved.…

Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Anheuser-Busch restructures its corporate offices amid controversy and sales slump. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want…

The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. The streaming company is asking advertisers for patience as it tries to jump-start its $6.99 a month ad tier. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors.…

Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its business overhaul. Ant Group, the financial-technology company associated with billionaire Jack Ma, was fined by China’s financial regulators, taking the company closer to the end of its business overhaul. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. The restructuring gives Donna Langley oversight of the company’s content strategy and is the first major change under Comcast President Mike Cavanagh’s leadership. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…