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- Northrop Grumman Corp. Unveils Restructuring Plan, Will Cut 2,100 Jobs.
- Knight Ridder/Tribune Business News Knight Ridder/Tribune Business News
- Research articles 1998-08-25
- Kraft Foods to Cut 6,000 Jobs, Shut Down 20 Plants in New Restructuring Plan.
- By Delroy Alexander, Chicago Tribune Knight Ridder/Tribune Business News By Delroy Alexander, Chicago Tribune Knight Ridder/Tribune Business News
- Research articles 2004-01-28
- Nortel Networks Announces 20,000 Job Cuts, Restructuring Plan.
- By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News
- Research articles 2001-10-03
- Kmart to close 284 stores. (Global Report on North America).(Kmart Corp.'s restructuring plan includes store closing, job cuts)(Brief Article)(Statistical Data Included)
- United States -- On March 8, Kmart Corp., Troy, Mich., announced it will close 284 under-performing stores in 40 states and Puerto Rico, and eliminate around 22,000 positions as part of its restructuring under Chapter 11 bankruptcy. United States -- On March 8, Kmart...
- Research articles 2002-05-01
Additional Resources
- GM to Present Opel Restructuring Plan
- By Feliciano TiseraZARAGOZA (Reuters UK) - U.S. carmaker General Motors GM will present a new viability plan for Opel in mid-December as it aims to reduce capacity across Europe by about 20 percent, a top executive said on Thursday.GM this month reversed a decision to sell a majority stake in...
- News items 2009-11-19
- Cyprus Airways presents restructuring plan
- AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD The board of Cyprus Airways has presented a strategic restructuring plan, hoping to aid the troubled airline. The government of Cyprus reportedly has to submit the plan for European Commission approval by 3 November. Included in the plan are job cuts,...
- Research articles 2005-10-12
- Iberia shares rise on restructuring plan
- MADRID AFP — The price of shares in Spanish airline Iberia rose sharply in response to a restructuring plan to save 600 million euros (720 million dollars) mainly through job cuts and a pay freeze. Iberia shares were showing a gain of 2.33 percent to 2.20 euros. The...
- Research articles 2005-10-07
- Airbus chief prepares to deliver restructuring plan
- PARIS AFP — The new chief executive of European airliner manufacturer Airbus is set to present a vast restructuring plan for the group to the board of parent company EADS, union sources told AFP. The board of European aerospace and defence giant EADS is to meet Friday with problems at...
- Research articles 2006-09-28
- JAL takes first step toward government-backed restructuring
- Japan Airlines yesterday said it is seeking guidance on a turnaround plan from Enterprise Turnaround Initiative Corp. of Japan, a move that represents a formal first step toward a likely government-backed restructuring. ETIC is a newly created quasi-government entity designed to help rescue struggling companies. JAL said in a statement...
- News items 2009-10-29
- Mandelson backs GM's Vauxhall plan
- Lord Mandelson has said Britain is prepared to underwrite General Motors' restructuring plan for its European operations, which present "a solid commitment" to Vauxhall's two UK plants, according to the business secretary.His comments yesterday came as Opel/Vauxhall's acting head said GM planned to cut its capacity by 20 to...
- External links 2009-11-17
- bmi to Cut 600 Jobs in Cost-cutting Plan
- By Peter GriffithsLONDON (Reuters UK) - Low-cost airline bmi said on Wednesday it will cut at least 600 jobs, scrap loss-making routes and reduce its fleet of jets to help cope with falling demand and the economic downturn.The company, owned by German carrier Lufthansa AG, said even more jobs could...
- News items 2009-11-25
- GM wants help paying $4.9B European restructuring
- BRUSSELS ? General Motors Co. today asked European governments to help pay most of the $4.9 billion it needs to restructure its struggling European operations. Nick Reilly, the CEO of GM?s Adam Opel GmbH and Vauxhall units, said it would be ?quite difficult? for GM to supply much of the...
- News items 2009-11-23
- GM Still Wants State Aid For Opel Restructuring
- By Christiaan Hetzner and Angelika GruberFRANKFURT (Reuters UK) - General Motors GM reaffirmed on Friday it wants state aid to help overhaul European arm Opel after a newspaper quoted GM's chairman as saying the U.S. carmaker will not ask German taxpayers for help.The topic is politically sensitive since GM this...
- News items 2009-11-13
- Airbus gets green light for rescue plan
- PARIS AFP — European plane maker Airbus finally won approval to press ahead with a rescue plan on Monday, clearing the way for major job cuts and signalling an end to Franco-German tensions over the restructuring of the company. "The EADS board of directors today unanimously approved the Power8...
- Research articles 2007-02-26
- JAL creditors balk at debt relief plan; government bailout under study
- Japan's finance minister is planning to meet with the country's transport minister today to discuss a potential government bailout of Japan Airlines, which saw its weakened financial status deteriorate further over the weekend when its largest creditors balked at providing ¥300 billion ($3.3 billion) in debt relief and equity swaps....
- News items 2009-10-20
- Spanish GM workers agree restructuring
- General Motors' Spanish workers on Monday voted to approve Magna International's modified restructuring plan for their plant, bringing the Canadian company's takeover of Opel a step closer. Separately, the European Commission on Monday said it would rule by November 27 as to whether the deal complied with its antitrust rules....
- News items 2009-10-26
- Spanish GM workers agree restructuring
- General Motors' Spanish workers on Monday voted to approve Magna International's modified restructuring plan for their plant, bringing the Canadian company's takeover of Opel a step closer.Separately, the European Commission on Monday said it would rule by November 27 as to whether the deal complied with its antitrust...
- External links 2009-10-26
- GM Pays Back Germany, Signals Fewer Job Cuts
- By Tom Kaeckenhoff and Erik KirschbaumDUESSELDORF/BERLIN (Reuters) - General Motors GM has paid back a loan from Germany and slightly lowered its target for job cuts at struggling European unit Opel.Nick Reilly, the boss brought in from GM's thriving Asian operations to help revamp Opel, told reports in Duesseldorf on...
- News items 2009-11-24
- GM Pays Back Germany, Lowers Job Cuts
- By Tom Kaeckenhoff and Erik KirschbaumDUESSELDORF/BERLIN (Reuters UK) - General Motors GM has paid back a loan from Germany and slightly lowered its target for job cuts at struggling European unit Opel.Nick Reilly, the boss brought in from GM's thriving Asian operations to help revamp Opel, told reporters in Duesseldorf...
- News items 2009-11-24
- Unions condemn Ford job cuts
- DETROIT, United States AFP — The main US auto union called Ford Motor Co.'s decision to cut tens of thousands of jobs "devastating" and blamed the company management for the failure to protect market share. Ford announced that it would cut 25,000-30,000 jobs and close 14 assembly plants as...
- Research articles 2006-01-23
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