Restructuring Plan

Heavy Job Cuts Expected In Casino’s November Strategy

French supermarket chain Casino will set out its new strategy in November, with heavy job cuts still likely, it said on Monday.

FrieslandCampina's FY 2023 Performance Dented By Market Conditions, Restructuring Costs

Dutch dairy giant FrieslandCampina saw a 'difficult' 2023 with its annual results impacted by unfavourable market conditions and one-off restructuring cost...

European Commission Authorises Kretinsky-Led Consortium To Take Control Of Groupe Casino

The European Commission has authorised the consortium comprising EP Equity Investment III s.à.r.l., Fimalac and Attestor to take control of Groupe C...

FrieslandCampina Restructures Business To Boost Performance

Dutch dairy cooperative FrieslandCampina plans to reshape its business structure as it seeks to improve performance.

Getir To Cut 11% Of Workers, Announces Global Restructuring

Turkish grocery delivery firm Getir announced a global restructuring, saying it plans to cut 2,500 jobs across five countries, or 10.9% of its total workfo...

Rival Billionaires To Detail Rescue Plans For Casino, Sources Say

Rival bidders seeking to take over French retailer Casino will present on 11 July (today) their respective plans to rescue the group, two sources close to...

Colruyt Plans To Invest €20m In Fresh-Produce Chain Cru

Belgian retailer Colruyt is investing €20 million in its Cru chain, which offers fresh, local and artisan products.

Unilever To Cut 1,500 Management Jobs As Part Of Restructuring Plan

Unilever said on Tuesday that it plans to cut about 1,500 roles across senior and junior management as part of a global restructuring plan aimed at streaml...

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Carrefour Could Sell Over 100 Stores In Italy

Sainsbury's Banking Business And Co-op Bank Attract Suitors

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