Restructuring

Brown-Forman To Trim Around 12% Of Global Workforce

Brown-Forman has announced plans to lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid wea...

Greenyard Delivers ‘Solid’ Top-Line Performance In H1 2024/25

Fresh produce firm Greenyard has reported 'solid' topline growth in the first half of its financial year with an increase in net sales and adjusted EBITDA.

Unilever Nearly Halves Expected European Job Cuts

Unilever is cutting about 1,500 fewer jobs in Europe than initially anticipated, the head of the company's European Works Council told Reuters.

Race For Japanese 7-Eleven Owner Heats Up With Founding Family Bid

Japan's Seven & i Holdings has received a buyout proposal from a member of its founding Ito family – a potential $58 billion (€54....

Seven & i Makes No Mention Of $47bn Buyout Bid In Laying Out Growth Plan

Japan's Seven & i will be looking to convince shareholders it can deliver long-term growth on its own when it speaks to them on Thursday (24 October).

Restructuring At Jumbo To Affect Around 25% Of Jobs

The implementation of the new organisational structure at Dutch retailer Jumbo will lead to a 25% reduction in jobs.

Eurocash Group Reports A Weak First Half Due To Slow Economic Recovery

Eurocash Group has reported a decline in revenue and profit in the first half as Poland's economy recovers at a slower pace than economists and analysts ex...

Groupe Casino Reports Decline In Sales, Core Earnings In First Half

French retailer Groupe Casino has reported a decline in net sales and core earnings in the first half due to the ongoing restructuring of the business.