42 events about "restructuring"

22 May 14:06

The Italian group Natuzzi, the largest furniture manufacturer in Italy, will transfer part of its production to Romania.

Sources

Current Affairs

14 May 08:30

Volkswagen shareholders are calling for a restructuring of the business model after Porsche SE reported a 21% drop in profit.

Sources

Economy

24 April 08:18

Nike has announced the layoff of 1,400 employees globally as part of the restructuring of operations.

Sources

International

19 April 09:08

Meta will lay off nearly 8,000 employees, starting May 20. This is the first phase of the restructuring, with further cuts planned for the second half of the year.

Sources

Economy

16 February 10:41

Deputy Prime Minister Oana Gheorghiu: "A state company that has losses for two consecutive years must go through a restructuring system."

Sources

Current Affairs

12 February 07:32

ANAF plans to dismantle some regional and county tax services for efficiency, without layoffs, but with possible relocations of employees.

Sources

Current Affairs

11 February 09:01

Ford reported a net loss of 8.2 billion dollars in 2025, affected by the restructuring of the electric vehicle division and American tariffs.

Sources

Economy

28 January 08:02

United Parcel Service (UPS) has announced that it will eliminate 30,000 jobs this year, as part of a restructuring plan and withdrawal from the partnership with Amazon.

Sources

International

24 January 14:06

TAROM will benefit from a restructuring plan approved by the European Commission, with a completion deadline in 2026, to address financial issues.

Sources

Economy

21 January 20:35

Volkswagen will reduce the number of members of the Board of Directors by one third by 2026, as part of a streamlining and restructuring strategy.

Sources

International

13 January 08:13

Volkswagen Group will drastically reduce costs and restructure its brands by 2030, including layoffs and the closure of some plants, due to the decline in the automotive market.

Sources

International

8 January 11:59

Minprest Serv SA will issue 102 notices and will conclude 52 employment contracts due to the restructuring of the Oltenia Energy Complex.

Sources

Current Affairs

16 December 05:20

Ford will record $19.5 billion in special costs due to restructuring and will reduce investments in fully electric vehicles.

Sources

Economy

27 November 08:13

HP confirms the layoff of 6,000 employees as part of an organizational transformation strategy focused on modernizing processes and integrating Artificial Intelligence solutions.

Sources

Economy

25 November 07:41

Estée Lauder closes the Global Technology Center in Bucharest, opened in Bucharest in April 2023 and lays off approximately 150 employees.

Sources

Economy

24 November 18:26

Continental AG is considering the elimination of up to 1,500 jobs at the ContiTech division, following previous layoffs in Romania.

Sources

Economy

11 November 08:46

Tesla has announced the departure of two of its main program managers: Emmanuel Lamacchia, the global coordinator of the Model Y project, and Siddhant Awasthi, the leader of the Cybertruck team.

Sources

International

7 November 10:22

TAROM has requested the government to allocate a new tranche of 114 million lei from the budget reserve fund for the year 2025, as part of the previously approved state restructuring aid.

Sources

Current Affairs

6 November 06:46

The CEO of OMV Petrom, Cristina Verchere, confirms the layoff of 1,000 employees, following a restructuring decided by the OMV shareholder.

Sources

+1

Economy

2 November 09:10

The Romanian government has decided to reduce the number of foreign workers to 90,000 in 2026, down from 100,000 in 2025, in order to prioritize the employment of Romanian citizens, in the context of restructuring in the budgetary sector.

Sources

Politics

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