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Top News In Restructuring Diff Today - Breaking & Trending Today

Leggett & Platt to close 15+ facilities; eliminate 900+ jobs

CARTHAGE, Mo. (KOAM) - Leggett & Platt is restructuring and expects to eliminate 900 to 1,100 jobs and close at least 15 facilities. ....

United States , Leggett Platt , Mitch Dolloff , Bedding Products , Textile Products , Home Furniture , Flooring Products , Leggett Amp Platt , Bedding Products ,

Lirentelimab out on failed phase II data; Allakos restructures

Allakos Inc. terminated all development of its lead drug, anti-Siglec-8 antibody lirentelimab (AK-002), and is cutting its workforce in half, following phase II failures for atopic dermatitis and chronic spontaneous urticaria. The San Carlos, Calif.-based company will now focus on phase I trials for anti-Siglec-6 antibody AK-006 as part of a restructuring that stretches the runway into mid-2026. Shares (NASDAQ:ALLK) sank by 60.2%, down $1.80, to close at $1.19 on Jan. 16. ....

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Google Announces Further Workforce Reductions, Targeting Advertising Sales Team

This move follows a series of layoffs across different divisions, including Pixel, Nest, Fitbit, Google Assistant, and core engineering. ....

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Opinion | China has cause for cautious optimism as economy restructures

Despite all the challenges it faced, Beijing recorded growth of 5.2 per cent last year and, by continuing on an innovative path, long-term prospects appear good. ....

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Restructuring Not Mandatory

by adv. r. s. agrawal in these group of petitions filed by several petitioners led by m/s a. navinchandra steels pvt. ltd and several others duly registered under the micro, small and medium enterprises devel ....

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