restructuring – News Stories About restructuring - Page 2

Detroit's Not the Only Place
That Needs 'Restructuring'

OPINION

Dec 19, 2008 12:46 PM CST

Detroit's Not the Only Place That Needs 'Restructuring'

DC should streamline many useless layers

(Newser) - Lawmakers want to restructure Detroit’s auto industry—but Congress could use a little makeover, too, writes Philip K. Howard in the Wall Street Journal. He offers a prescription to streamline the government as one would a corporation:

Dump “legacy obligations.” Like Detroit, Congress must ditch old promises

...

As NBC Falters,
Real Drama Is
Behind the Scenes

Dec 8, 2008 11:27 AM CST

As NBC Falters, Real Drama Is Behind the Scenes

Network moves to consolidate amid executive shakeup, poor ratings

(Newser) - When NBC announced a sweeping shakeup last week, it confirmed just how bad things are at the network, the Los Angeles Times reports. Ratings are down 14% this season, just as companies are dramatically slashing advertising budgets in the face of recession. “This is not a good time to...

Ford Unveils Plan, Seeks $9B

Dec 2, 2008 11:08 AM CST

Ford Unveils Plan, Seeks $9B

Promises to be profitable by 2011

(Newser) - Ford unveiled a new plan to restructure its operations today and predicted a return to profitability—or at least break-even—by 2011, the Wall Street Journal reports. The plan calls for aggressive cost cutting and an increased focus on fuel efficiency. One of the costs on the chopping block? CEO...

Bailout Wait 'Nerve-Wracking'

Nov 21, 2008 1:50 AM CST

Bailout Wait 'Nerve-Wracking'

Hearings 'more hostile than expected,' says Wagoner

(Newser) - Two grueling days of congressional hearings on a bailout for the auto industry were "hostile" and the wait for an answer is "nerve-wracking," General Motors CEO Rick Wagoner told the Detroit News yesterday. GM is ready now to show Congress detailed restructuring plans to convince lawmakers to...

Service Cuts Make AOL
Even More Useless

ANALYSIS

Oct 1, 2008 5:00 PM CDT

Service Cuts Make AOL Even More Useless

Blogging, page-hosting features latest to go as parent Time Warner looks for answers

(Newser) - AOL is cutting two more of its website’s offerings, a blog creator and a data hosting service, Peter Kafka notes on Silicon Alley Insider. Users of AOL Journals, which hosts blogs, will be migrated to an equivalent host. Users of AOL Hometown, which mainly store photos—and, Kafka sniffs,...

Yahoo Regroups, Again

Jun 27, 2008 8:52 AM CDT

Yahoo Regroups, Again

Struggling company attempts to recover after Microsoft bid

(Newser) - Reeling after Microsoft’s failed takeover bid and bracing for a fight with financier Carl Icahn over board control, struggling Yahoo is once again restructuring itself, the New York Times reports. “Any organization change is disruptive,” said Yahoo’s president, but “the flip side of disruption is...

Yahoo to Reorganize in
Wake of Microsoft Bid

Jun 20, 2008 7:26 AM CDT

Yahoo to Reorganize in Wake of Microsoft Bid

Company execs quit amid changes

(Newser) - Regrouping in the aftermath of Microsoft’s takeover bid, Yahoo plans to consolidate its myriad branches, the Wall Street Journal reports. President Susan Decker aims to centralize the mail, search, and home-page teams to help boost earnings and justify its rejection of Microsoft’s $47.5 billion offer; some executives...

IAC, Liberty Make Peace Over Spin-Offs

May 14, 2008 8:48 AM CDT

IAC, Liberty Make Peace Over Spin-Offs

Media bosses Malone and Diller finally bury the hatchet

(Newser) - The months-long feud between media barons John Malone and Barry Diller over IAC spin-offs has ended amicably, the Wall Street Journal reports. Malone's Liberty Media, the majority shareholder in IAC, will drop its opposition to Diller's plans to divide IAC/Interactive Corp into five separate entities. Liberty will have the right...

Profits Slide
as Dell
Streamlines

Feb 29, 2008 6:30 AM CST

Profits Slide as Dell Streamlines

6.5% drop on consumer slump, 'slow as molasses' turnaround

(Newser) - Dell posted a 6.5% decline in profits for its fiscal fourth quarter yesterday, citing slowed consumer spending and the cost of restructuring, which included slashing thousands of jobs, the Wall Street Journal reports. The Dell results are likely to cause concern about other tech stocks—especially those that rely...

Biotech Giant Slashes Jobs

Aug 16, 2007 1:34 AM CDT

Biotech Giant Slashes Jobs

World biggest biotech cuts 2,600 jobs in $2B restructuring

(Newser) - Biotech giant Amgen is slashing spending by $1.9 billion by cutting up to 14 percent of its workforce— 2,600 jobs—and closing some production facilities. The restructuring was triggered by plummeting sales of the company's anemia drug Aranesp. The shake up demonstrates that biotech operations are not immune...