TOKYO >> Panasonic Holdings said today it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this business year as part of an overhaul of the company.

Earnings Call Insights: Interpublic Group of Companies (IPG) Q1 2025 CEO Philippe Krakowsky highlighted a 3.6% organic revenue decrease for the quarter, consistent with expectations due to trailing ...

PEORIA, Ill. — Caterpillar took a hit in the fourth quarter from restructuring costs and the heavy machinery maker issued a weak outlook for 2015, citing the tumbling price of commodities. Shares ...

Under Armour, Inc.’s UAA first-quarter fiscal 2026 performance reflects the benefits of its ongoing cost optimization and restructuring program, which is delivering notable improvements in operating ...

FuelCell Energy nearly doubled revenue in fiscal Q3 2025 to $46.7 million, but booked a deeper net loss of $92.5 million on restructuring and $64.5 million in non-cash impairments, while backlog rose ...

CEO Jeremy Hoff highlighted that "Hooker Furnishings is taking decisive steps to return the business to profitability" through cost-reduction efforts and growth initiatives. He noted improvements at ...

CEO Sanjay Chowbey highlighted that Kennametal executed key initiatives during Q3, including a new restructuring action aimed at reducing structural costs. This involved the closure of the Greenfield, ...

Nevertheless, restructuring expenses fell sharply in Q3, declining by over 77% QoQ to Rs 253 crore, indicating a tapering of ...