Air India Suspends SFO Flights from Bengaluru, Mumbai
Air India cancels direct flights from Bengaluru & Mumbai to San Francisco from March 2026. Network restructuring cites high fuel costs, crew strain, and airspace issues. Read the full story.
Category : Search result: PU restructuring
Telefonica Slashes 5,500 Jobs in $2.9B Restructuring
Spanish telecom giant Telefonica SA will cut 5,500 jobs at a $2.9 billion cost, aiming for over $700 million in annual savings. The move follows a trimmed cash flow outlook and a halved dividend. Get the latest business news updates.
AI Job Cuts: 55,000 Layoffs in US, Total Hits 1.17M in 2025
AI is reshaping the 2025 job market, causing 55,000 US layoffs. Major firms like Amazon and Microsoft cite AI restructuring. Explore the data and expert debate on this workforce transformation.
Post-IndiGo Meltdown, Calls for Airline Breakup & DGCA Overhaul
Following the massive IndiGo flight cancellations, former CM Prithviraj Chavan demands a DGCA inquiry, financial penalties, and even breaking up the airline to prevent monopoly. Read the full analysis.
Bengaluru Civic Polls: New Ward Reservation Rules Finalised
Karnataka govt issues guidelines for ward reservations in Bengaluru's 5 new city corporations, using 2011 Census data. 50% cap on total reservations, with 1/3rd for backward classes and women's quota across categories. Read details.
ISL Clubs Propose Rs 10 Crore Grant, Seek League Control
Indian Super League clubs propose a club-owned model to AIFF, offering a Rs 10 crore annual grant and seeking operational rights. The plan faces potential roadblocks at the AGM.
ISL Clubs Propose Club-Owned League Model to AIFF
Indian Super League clubs formally propose a new club-owned model with perpetual rights, aiming for financial sustainability. AIFF would remain as regulator. Key details inside.
Pristyn Care Decentralizes Operations for Hospital-Led Growth
Healthcare startup Pristyn Care announces a major organisational restructuring to decentralise operations and drive profitable, hospital-led growth. Details inside.
How Beijing Tackled Air Pollution: A Guide for Delhi
China shares its detailed roadmap for combating severe air pollution, offering Delhi a potential model. Learn about the key strategies from vehicle control to industrial reform.
China's anti-pollution steps shared as Delhi air quality dips
As Delhi's air turns hazardous, the Chinese Embassy outlines its successful pollution control strategy. Learn the key steps on vehicle emissions and industrial reform.
Vedanta's Five-Way Split Approved by NCLT
NCLT approves Vedanta's demerger into 5 listed firms. Get the latest on the timeline, debt allocation of ₹66,000 crore, and what it means for investors. Key milestone for Anil Agarwal.
PM Modi's Ethiopia Visit Yields 8 Major Outcomes
PM Modi's historic Ethiopia visit elevated ties to a Strategic Partnership, secured a G20 debt restructuring deal, and boosted cooperation in health, education & AI. Explore the 8 key outcomes.
Himachal Congress to be reconstituted in 3 months
Himachal Pradesh Congress chief Vinay Kumar announces a major organizational overhaul within three months, pledging to address senior leaders' concerns for party unity. Read the full story.
Canacol Energy in Debt Talks as Cash Reserves Dwindle
Colombia's top private gas producer, Canacol Energy, negotiates emergency financing to restructure debt as output declines. Will creditors agree? Full details inside.
Pakistan's Asim Munir Appointed First Chief of Defence Forces
Pakistan's defence ministry officially appoints Field Marshal Asim Munir as the country's first Chief of Defence Forces, marking a major military restructuring. Read about the implications.
Nilgiris Panchayats Rise to 96 from 35 for Efficiency
The Nilgiris district has restructured its local governance, increasing grama panchayats from 35 to 96. This move, based on a 2019 proposal, aims to improve administrative access in hilly terrain. Read the full details.
Russian Railways Debt Restructuring Talks: VTB's Key Role
VTB, the largest creditor of Russian Railways, reveals banks are ready to restructure its 4 trillion rouble debt, but only if the central bank does not hike reserve requirements. Debt-to-equity conversion is off the table. Explore the financial challenges
MTV Music Channels Shut Down Globally
MTV's international music channels are closing worldwide by year-end, marking the final chapter for the network that revolutionized pop culture. Discover why digital platforms killed the radio star.
Altice Moves Key Assets Beyond Creditors' Reach
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
Swire Group Cuts 10% Hong Kong Jobs in Restructuring
British conglomerate Swire Group eliminates 40 positions in Hong Kong office as China's economic slowdown impacts operations. Key departments affected include sustainability and finance.
Verizon's Massive Layoffs: Ex-CEO's Viral Message
Former Verizon Business CEO Tami Erwin shares an emotional open letter to 13,000+ employees facing layoffs. Read her powerful take on tech transformation and humanity in business.
HP Cuts 6,000 Jobs, Apple Reduces Sales Staff
HP announces up to 6,000 job cuts by 2028 in AI-driven restructuring while Apple quietly eliminates sales roles. Latest tech layoffs signal industry-wide cost-cutting trends.
HP to Cut 6,000 Jobs, Save $1B Annually with AI
HP Inc. announces major restructuring, cutting up to 6,000 jobs by 2028 to save $1 billion annually using AI tools. Profit outlook misses estimates amid rising memory chip costs.
Apple cuts sales jobs in rare workforce reduction
Apple eliminates dozens of enterprise, education and government sales positions in strategic shift. Affected employees have until January 20 to find new roles or accept severance.
Apple Layoffs Hit US Sales Teams in Strategic Shift
Apple Inc. lays off dozens of US sales employees in rare workforce reduction. Company confirms restructuring while maintaining hiring. Learn about impacted teams and strategic changes.
Congress Restructures Party Committees in Tamil Nadu
AICC observer T Bellaiah Naik announces Congress party restructuring in Namakkal districts to strengthen organization horizontally and vertically across India.
Bengaluru Governance Committee Studies GBA Expansion Areas
Restructuring committee head B S Patil reveals study of new areas for Greater Bengaluru limits. Learn about the implementation progress and future plans for Bengaluru's governance transformation.
CBS Cancels 'Saturday Morning' After 28 Years
CBS cancels its iconic 'Saturday Morning' show, firing hosts Michelle Miller & Dana Jacobson. The move is part of major layoffs causing employee anxiety. Details inside.
Amazon Layoffs Hit Engineers Hardest: 40% Impact
Amazon's massive layoffs of 14,000 employees disproportionately affected engineers, with mid-level roles seeing the highest impact. Get the full details on the tech giant's restructuring.
Kirin Leads Bira91 Restructuring Amid Financial Crisis
Japan's Kirin Holdings is leading stakeholder discussions to restructure B9 Beverages, including management changes and business strategy overhaul as Bira91 faces funding crunch.
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