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Macy's restructuring to cut another 3,900 jobs

2020-06-25 16:56:00| Daily apparel & textile news and comment - from just-style.com

US department store retailer Macy's Inc is axing a further 3,900 corporate and management jobs as it tries to bring costs in line with falling sales.

Tags: jobs cut restructuring macys

 

Schlumberger CEO Expects Up to $1.4 Billion Charge for Restructuring

2020-06-17 11:10:00| OGI

Schlumberger CEO Olivier Le Peuch said the restructuring will include cuts in the oilfield service company's product lines and focus its operations on five key oil basins.

Tags: charge ceo billion expects

 
 

Li & Fung restructuring with job cuts

2020-06-08 18:13:41| Daily apparel & textile news and comment - from just-style.com

Less than two weeks after taking its business private, Hong Kong based sourcing giant Li & Fung is restructuring in a move that will potentially see the loss of more than 150 jobs.

Tags: job cuts restructuring fung

 

PPG Initiates Global Restructuring

2020-06-08 15:27:38| Coatings World Breaking News

Targeting $170 million in annual savings.

Tags: global restructuring initiates ppg

 

Analysis Shows Offshore Drillers on Path Toward Restructuring, Consolidation

2020-06-03 18:51:48| OGI

More challenging years are ahead for the offshore drilling sector as E&P spending slows, energy intelligence firm says.

Tags: shows analysis path consolidation

 

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