#corporate-restructuring

#corporate-restructuring

Thames Water is heavily in debt with £1.27 billion owed to creditors and has incurred £122 million in fines from Ofwat, indicating severe financial distress.

In our decision to restructure, we are aiming to cultivate a resilient company ready for the next decade, which entails embracing a start-up mentality again.

Faye Iosotaluno will step down as CEO of Tinder in July after less than a year, focusing on personal ambitions, including supporting women leaders.

The company's decision to form a fellowship indicates a shift in strategy focused on clearer branding and committing to new game releases within a competitive market.

This transaction will enable us to focus our energies and investment resources in other priority areas of growth across our portfolio.

Chevron has revealed plans to slash several hundred East Bay jobs, culminating in 600 job cuts in San Ramon as part of a transition to Texas.

Even though the plan was finalized, Eschenbach says he was "not at peace" because he had not had a chance to share his thinking in person with Dave Duffield.

Salesforce is expected to cut around 1,000 roles while simultaneously hiring sales staff as part of its AI push, according to reports from this week.

Intel’s decision to separate Intel Capital into a standalone fund enables access to broader funding sources, while maintaining its role as an anchor investor.