Restructuring

L'Oréal Creates New 'Europe Zone' In Structure Reorganisation

Personal care brand L'Oréal has announced the creation of a new 'Europe Zone' within its organisation, combining the Western Europe and Eastern Euro...

J.M. Smucker To Exit Brands, Invest In High-growth Areas In Reboot

J.M. Smucker Co said on Thursday it would exit underperforming brands, invest in high-growth areas and create a dedicated pet food sales organisation as pa...

Tyson Foods Cuts 500 Jobs, Misses Quarterly Sales Estimates

Tyson Foods Inc is cutting 500 jobs as part of a restructuring programme, as the business reported quarterly sales that fell short of analysts' estimates....

Walmart Dismisses 56 Executives In India As Part Of Restructuring

Walmart Inc, the world's largest retailer, has dismissed 56 of its executives in India as it restructures in the country. The move underscores the chall...

Metro Says Restructuring To Cost Upto €80m

Metro said it expected the restructuring of its central administration to result in one-off expenses of up to €80 million ($88.62 million) in the...

Coty To Write Down $3bn In Assets As It Restructures

Coty Inc said it would write down about $3 billion (€2.7 billion) in value of brands acquired from Procter & Gamble Co, as the cosme...

Spain's DIA Reaches Agreement On Staff Restructuring Deal With Unions

Spanish retailer DIA Group announced that it has reached a staff restructuring agreement with the majority of trade union representatives from Spanish unio...

Südzucker To Close Two German Sugar Factories In Restructuring

Südzucker, Europe's largest sugar refiner, said on Thursday it plans to close two German sugar production plants as part of a restructuring programme...