Focused Restructuring News Today

SAP Launches AI-Focused Restructuring SAP said it would undertake a roughly EUR2 billion restructuring this year that will affect 8,000 jobs as it ratchets up its focus on business-related AI....

EBay to Cut Staff by 9%, Citing More Competition The online marketplace will lay off about 1,000 full-time employees, part of efforts to boost performance at a time of rising competition and...

Alibaba Shares Rise as Co-Founders Buy Stock Alibaba Group shares rose on news that co-founders Jack Ma and Joe Tsai bought about $200 million of the companys stock in the latest quarter,...

Regional Banks Had Another Bad Quarter The 2023 bank crisis is over, but the worst may be yet to come for some regional and community lenders. AT&T posts subscriber beats, but stock slips...