This historic pub legally wiped three-quarters of its debt to stay open
By Emilia Terzon
Pubs, cafes and restaurants are legally restructuring to wipe their debts and stay open, as the hospitality industry continues to battle tough trading conditions.
https://www.abc.net.au/news/2025-07-11/restructure-hospitality-debt-ato-pub-bakery-asic/105495132
Gibson Dunn adds Eugene Park, top distressed finance attorney, to strengthen global restructuring practice. Strategic hire enhances firm's market-leading capabilities in complex financial transactions. #LegalTalent #Restructuring
Design Group Americas files Chapter 11 to restructure operations, secure strategic asset sales, and navigate challenging market conditions with $53M DIP financing #Restructuring #BusinessStrategy
Microsoft cuts 9,000 employees as Xbox division faces major restructuring https://ppc.land/microsoft-cuts-9-000-employees-as-xbox-division-faces-major-restructuring-2/ #Microsoft #Xbox #WorkforceReduction #BusinessNews #Restructuring
Microsoft cuts 9,000 employees as Xbox division faces major restructuring: Microsoft announces substantial workforce reduction affecting less than 4% of global staff. https://ppc.land/microsoft-cuts-9-000-employees-as-xbox-division-faces-major-restructuring-2/ #Microsoft #Xbox #WorkforceReduction #BusinessNews #Restructuring
Microsoft Cuts 9,100 Jobs in Massive Restructuring to Fund AI Pivot
South Korea’s petrochemical industry faces a prolonged downturn, with up to half of firms at risk of disappearing within three years, prompting calls for government-backed restructuring and regulatory flexibility.
#YonhapInfomax #PetrochemicalIndustry #Restructuring #BostonConsultingGroup #LotteChemical #SupplyGlut #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70455
Uncertainty looms over Nissan South Africa as global restructuring continues http://newsfeed.facilit8.network/TLgJtf #Nissan #SouthAfrica #AutoIndustry #Restructuring #Sustainability
Intel: Accenture and AI Take Over Marketing in Sweeping Job Cuts
#Intel #AI #TechLayoffs #Restructuring #BigTech #Accenture #LipBuTan #Automation #IntelNews #Outsourcing #Jobs #ChipIndustry
Shinhan Card Co. has cut team leader positions by nearly 30% in a major restructuring to boost productivity and reduce costs, prompting union backlash and a new round of voluntary retirements.
#YonhapInfomax #ShinhanCard #Restructuring #TeamLeaderReduction #VoluntaryRetirement #ProductivityGap #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68015
Shinhan Card Co. has slashed nearly 30% of its team leader positions in a major restructuring, aiming to cut costs and boost productivity despite union opposition, with voluntary retirements set to follow.
#YonhapInfomax #ShinhanCard #Restructuring #TeamLeaderReduction #VoluntaryRetirement #ProductivityGap #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68009
Google offers voluntary buyouts to US staff across multiple divisions, including core search and ads teams. Major restructuring underway at the tech giant. #Google #TechLayoffs #Buyouts #GoogleSearch #TechNews #SiliconValley #Alphabet #TechJobs #Restructuring
Neta To Restructure Operations In Malaysia #automotive #electricvehicles #ev #introsynergy #malaysia #neta #operations #restructuring
https://www.lowyat.net/2025/355035/neta-to-restructure-operations-in-malaysia/
Citigroup will cut 3,500 IT jobs in China by Q4 2025, mainly at its Shanghai and Dalian centers, as part of a global cost-cutting drive and ongoing restructuring efforts.
#YonhapInfomax
#Citigroup #ITJobs #China #CostCutting #Restructuring
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66408
Samsung Biologics' restructuring has revived the "Samsung Life Law" debate, offering a strategic solution to governance risks and potentially reshaping the group's control structure ahead of political change.
#YonhapInfomax #SamsungBiologics #SamsungLifeLaw #Governance #SamsungElectronics #Restructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65077
South Korea’s financial authorities have accelerated MG Non-Life Insurance’s restructuring, dispatching 16 staff to a bridge insurer task force, while union opposition and a looming general strike threaten to disrupt the process.
#YonhapInfomax #MGNonLifeInsurance #BridgeInsurer #Restructuring #LaborUnion #ContractTransfer #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65024
Walmart plans to cut 1,500 jobs in restructuring effort to streamline operations, affecting global tech, e-commerce logistics, and advertising divisions amid rising supply chain costs
#YonhapInfomax #Walmart #Restructuring #Layoffs #SupplyChainCosts #RetailFuture #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64358
Intel Weighs Sale of Networking and Edge (Nex) Business Unit in Corporate Revamp
#Intel #LipBuTan #Semiconductors #ChipIndustry #Restructuring #IntelNEX #Divestiture
https://www.rnz.co.nz/news/ldr/561573/napier-city-council-restructure-impacts-more-than-100-jobs “The proposed changes aim to create a more efficient, agile, and responsive structure that is better equipped to meet these challenges."
Gobbledy gobbledy gobbledygook #nzpol #restructuring
