Restructuring
AirAsia X targets up to US$600 million debt restructuring after combining airlines
Published Thu, Jan 22, 2026 · 02:14 PM[KUALA LUMPUR] Malaysia’s AirAsia X targets US$500 million to US$600 million in debt restructuring after the budget airline this week bought the...
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
[BENGALURU] Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down high-cost plants and shifting production to...
Wegovy-maker Novo Nordisk to cut 9,000 jobs in restructuring
[COPENHAGEN] Wegovy-maker Novo Nordisk will cut 9,000 jobs, or about 11.5 per cent of its workforce, in a restructuring to save eight billion Danish crowns (S$1.6 billion) annually, it...
Thai Airways exits debt restructuring plan with court approval
[BANGKOK] Thai Airways International won court approval to exit a debt restructuring programme, paving the way for resumption of trading in its stocks after a four-year gap.The Central Bankruptcy...
Procter & Gamble to cut 7,000 jobs over two years in new restructuring plan
[OHIO] Procter & Gamble said on Thursday (Jun 5) it would cut 7,000 jobs, or about 6 per cent, of its total workforce over the next two years, as...
Volvo Cars to cut 3,000 jobs in restructuring
The reductions will primarily affect office-based positions in Sweden and represent around 15% of the total office-based workforce globallyPublished Mon, May 26, 2025 · 07:53 PM[STOCKHOLM] Sweden-based Volvo Cars...
Volvo Cars to cut 3,000 jobs in restructuring
[STOCKHOLM] Volvo Cars will cut 3,000 mostly white-collar jobs as part of a restructuring announced last month as it grapples with high costs, a slowdown in electric vehicle demand...
HSBC-backed Hang Seng Bank to cut jobs as part of restructuring
[HONG KONG] Hong Kong-based lender Hang Seng Bank said on Thursday (May 15) that it was restructuring its business and streamlining duplicate roles in a move that would lead...
