Restructuring

Beyond Meat Expects Sharper Growth In Second Half, Posts Smaller Loss

Beyond Meat said it expects sharper revenue growth in the second half of 2023 after reporting a smaller-than-expected quarterly loss on easing supply chain...

British American Tobacco South Africa Proposes Restructuring, 200 Jobs At Risk

The South African arm of British American Tobacco (BAT) is looking to restructure the business, a process that may affect about 200 jobs, following a furth...

Just Eat Takeaway To Restructure In France, Cut 390 Jobs

Just Eat Takeaway.com, Europe's largest meals delivery company, said on Wednesday it would restructure its operations in France and cut 390 jobs, citing 'c...

Unilever Restructuring Announcement Reflects Broader Challenges Facing FMCG Firms: Analysis

Unilever's decision to cut its workforce by 1,500, while also making a number of changes to its leadership team, reflects the challenges facing consumer go...

Danone To Cut Fewer Jobs Than Initially Planned: Reports

French food group Danone has trimmed its restructuring plans, with estimated total job cuts now seen at around 1,600 globally versus a 2,000 figure announc...

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....