Children’s Place files for bankruptcy protection, seeks buyer
The Children's Place has filed for chapter 11 bankruptcy protection and is seeking bids from potential new owners by Dec. 9.
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PepsiCo to cut about 1,000 jobs as North American business struggles
PepsiCo plans to cut about 1,000 jobs across North America as it streamlines operations and works to revive sales in its home market.
Skydance outlines its $6 billion in planned cost savings. Here's the breakdown
The updates came alongside a third-quarter earnings report for the legacy Paramount Skydance.
Lucid misses Wall Street’s earnings expectations, expands loan from Saudi Arabia fund
The quarterly results are the first since Lucid CEO Silvio Napoli, who started leading the company in June, announced a restructuring plan.
Boeing to cut about 5% of its commercial plane workforce
Company will cut jobs through a mix of layoffs and attrition as it moderates the pace of ramping up jet production Boeing will cut about 5% of its commercial plane workforce as it moderates the pace of ramping up jet production, the company said on Monday. The company will eliminate the posts through a mix of layoffs and attrition because of a slower ramp-up to “provide our factories and supply chain partners additional time to achieve stability”, said a message to employees from Boeing commercial chief Stephanie Pope.