Learn how company restructuring can adjust debt, operations, and structure to overcome financial challenges. Includes steps, ...

The Lycra Company emerges from Chapter 11 with $1.2B debt reduction, $75M equity funding, and a focus on innovation and ...

NEW YORK (AP) — Verizon is laying off more than 13,000 employees in mass job reductions that arrive as the telecommunications giant says it must “reorient” its entire company. The jobs cuts began on ...

Amid a recently granted temporary restraining order that halts CompSource Mutual's restructuring plan, some policyholders, including a former Oklahoma Tax Commissioner, are highly concerned a ...

The founders of Ssense have won round one in their battle with their creditors, allowing the company to remain in the hands of chief executive officer Rami Atallah and his brothers Firas and Bassel, ...

Meta detailed its layoffs plan for May 20 in a memo shared with employees on Monday, as the company accelerates its push into ...

OpenAI said Tuesday it has reorganized its ownership structure and converted its business into a public benefit corporation and that two crucial regulators, the Delaware and California attorneys ...

One of San Diego County’s most award-winning theater companies in recent years, CCAE Theatricals, announced Thursday that is restructuring its operations and downsizing its staff, including the ...

SAN JUAN, Puerto Rico (AP) — A plan to restructure more than $9 billion in debt held by Puerto Rico’s ailing power company hit a big snag this week after a group of bondholders terminated their deal ...

Starbucks plans to lay off 252 employees tied to its Seattle support center beginning in July.