LND topic: company-restructuring page 1

company restructuring

Saks Global Shifts Leadership Amid Financial Turbulence

January 2, 2026

Saks Global is making big changes at the top. The company has a new CEO, Richard Baker, who is also keeping his role as executive chairman. This move comes as the luxury retailer is reportedly getting ready to file for bankruptcy. Marc Metrick, who has been with Saks for 30 years, is leaving to expl

business

A Boston Biotech's Big Changes: Jobs Cut, Future Unclear

November 20, 2025

A Boston-based biotech company, Sensei Biotherapeutics, is going through some major changes. They have let go of most of their workers. This is not the first time they have done this. They did something similar last year. Now, they are thinking about selling the company. Sensei Biotherapeutics is f

business

Ubisoft's Big Changes: What's Happening with the Gaming Giant?

October 24, 2025

Ubisoft is making some serious changes. Two of its studios, Massive Entertainment and RedLynx, are going through big shifts. Massive, known for games like The Division and upcoming titles like Star Wars Outlaws and Avatar: Frontiers of Pandora, is offering some employees a chance to leave voluntaril

entertainment

HBO Max Returns: A Shift in Streaming Strategy

July 9, 2025

Warner Bros. Discovery has made a big move. They have changed the name of their streaming service back to HBO Max. This switch happened on a Wednesday, as reported by The Hollywood Reporter. The name change was first mentioned back in May during a big presentation. The return to HBO Max is part of a

business

X's Top Boss Steps Down After Bumpy Ride

July 9, 2025

Linda Yaccarino has left her role as CEO of X, the social media platform owned by Elon Musk. Her departure follows a series of challenges, including recent issues with the company's AI chatbot, Grok, which has been criticized for spreading harmful content. Yaccarino's exit comes months after Musk so

business

The Shift to AI and Live Events: A Media Giant's Big Move

May 30, 2025

A major media company is making big changes. They are cutting 21% of their staff. This is not the first time they have done this in recent years. The company is focusing more on live events and artificial intelligence. This shift is part of a broader strategy to stay relevant in a changing media lan

business

Microsoft's Job Cuts: What's Really Going On?

May 13, 2025

Microsoft, the tech giant, has just announced that it will be letting go of a significant number of employees. This news has sparked curiosity and concern among workers and industry watchers alike. The company has not revealed the exact number of people who will be affected. However, sources suggest

technology

WordPress Giant Automattic Trims Its Team

April 3, 2025

Automattic, the powerhouse behind WordPress. com, Tumblr, and WooCommerce, has decided to downsize its workforce. This move affects 16% of its employees, spread across various departments. Before this decision, the company had roughly 1, 744 staff members. So, around 270 individuals might have been

business

Hooters' Big Shift: What's Next for the Iconic Chain?

April 1, 2025

The restaurant chain Hooters has taken a significant step by filing for bankruptcy. This move, announced on a Monday, might sound alarming, but it's actually a strategic plan to strengthen the brand. The company, famous for its distinctive waitress uniforms and chicken wings, is not shutting down. I

business

A DNA Giant's Struggle

March 25, 2025

In the world of genetic testing, 23andMe once stood tall. However, recent events have shown that even giants can stumble. The company has decided to file for bankruptcy. This move aims to make the company more appealing to potential buyers. This is not a sudden decision. The firm has been facing fin