Verizon Cuts 13,000 Jobs in Major Restructuring
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
US wireless carrier Verizon announces largest-ever layoff of 13,000 employees as part of cost-cutting measures. CEO Dan Schulman reveals restructuring plan.
Cebu Pacific emerges as strongest ASEAN airline brand in Brand Finance report, achieving highest brand strength index score. Discover how they outperformed regional competitors.
Karnataka cabinet approves BBMP restructuring into 5 municipal corporations with 369 wards. Major administrative overhaul for Bengaluru's urban governance. Read details.
India initiates major aviation safety reform by restructuring DGCA into an autonomous Civil Aviation Authority with funding powers and enhanced consumer protection mechanisms.
Major US education programs are being shifted from the Department of Education to other federal agencies. This quiet restructuring could reshape support for millions of American students. Learn the impacts now.
TVS Supply Chain Solutions completes global restructuring, aims for 4% profit margin by FY27 through cost savings and high-margin business expansion. Read full analysis.
Target Corporation reduces 2025 earnings forecast amid restructuring and soft demand. Retailer plans $5 billion capital spending boost while shares decline 2% in early trading.
US Department of Education initiates major restructuring, transferring 6 key grant programs to other departments. Historic move signals potential dismantling of federal education agency.
Verizon announces 15,000 job cuts targeting management roles as subscriber growth slows. New CEO Dan Schulman leads restructuring amid rising competition.
America's largest telecom Verizon plans 10,000-15,000 job cuts next week as new CEO Dan Schulman implements aggressive turnaround strategy. Read exclusive details.
Biocon stock jumps over 4% as company reviews Biologics IPO and merger options to unlock shareholder value and reduce debt. Latest market updates and analysis.
Debt-laden Kinara Capital is in talks to sell a majority stake to strategic investors. The NBFC aims to raise funds to restart lending and resolve its ₹1,400 crore debt crisis.
Paramount prepares for full office return with temporary remote work from Dec 1 to Jan 2. New RTO policy effective January 5, 2026. Read details about the corporate restructuring.
NCLT Mumbai reserves order on Vedanta's proposed demerger after Petroleum Ministry raises concerns over financial risks and asset misrepresentation. Key details inside.
Paramount's strict return-to-office policy leads to 600 employee exits, costing $185 million in severance. Discover how the media giant's post-merger strategy is reshaping Hollywood work culture.
Bankrupt auto supplier First Brands Group is reviving invoice financing despite previous fraud allegations. Learn how this move could provide cheaper liquidity.
Intel faces a critical crossroads as competition intensifies. Discover why industry experts believe radical restructuring might be the chipmaker's only path to survival in the AI era.
Imperial College Business School partners with Emeritus to launch cutting-edge M&A and Corporate Restructuring programme for Indian professionals seeking global expertise.
American analytics leader SAS Institute shuts down China operations after quarter-century, terminating hundreds of employees in controversial virtual meeting that sparks outrage.
Congress MP Manish Tewari challenges Panjab University restructuring directive, demands immediate withdrawal and proper stakeholder consultations in latest education policy clash.
Mahindra Group completes strategic divestment of its entire 3.53% stake in RBL Bank, fetching ₹678 crore in a bulk deal that signals portfolio optimization.
Danish pharmaceutical giant Novo Nordisk faces turbulent times as Q3 profits drop 27% despite Ozempic's success. The company announces massive restructuring with 9,000 job cuts worldwide. Get the inside story on what's happening behind the scenes.
Kenai Aviation, owned by American Airlines, ceases all operations amid financial insolvency. Pandemic-era debt and economic pressures blamed for the airline's dramatic collapse.
Technical glitch paralyzes Air India's check-in operations across Delhi, Mumbai, and other key airports, causing massive passenger delays and frustration on Wednesday.
An internal Amazon layoff email revealing cold, corporate language sparks outrage as tech giant continues massive job cuts affecting thousands of employees worldwide.
IBM becomes the latest tech giant to announce massive workforce reductions, planning to cut thousands of jobs globally as the technology sector's restructuring continues.
India's aviation regulator proposes revolutionary changes to protect air travelers with 48-hour refund lock-in periods and standardized cancellation charges. Learn how this affects your flight bookings.
In a significant development, IAF Chief Air Chief Marshal VR Chaudhari clarifies the Air Force's position on military restructuring, emphasizing flexibility while addressing integration concerns.
Tech giant IBM announces massive workforce reduction affecting thousands of employees worldwide as company shifts focus toward AI and software growth. Exclusive details inside.
IndiGo reports record profits but signals caution with massive cash reserves. Discover why India's aviation giant is preparing for potential headwinds despite strong quarterly performance.