Tag: restructuring
The restructuring at SAP is correct
SAP Despite the decent numbers, the Dax group still has a lot to do in its core business. (Photo: Reuters) The restructuring program that the software company SAP has now…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
SAP cuts jobs, “targeted” restructuring affects 3,000 employees
SAP boss Klein (archive) The manager has given shareholders significant profit increases in 2023. (Photo: Bloomberg) Dusseldorf SAP is planning staff cuts: the software manufacturer announced a “targeted restructuring program…
Creditors of Crypto Company Rejecting Restructuring Plan Call for Bankruptcy
Creditors of Singapore-based cryptocurrency platform Hodlnaut want the company to go bankrupt, not restructured. According to a report by Bloomberg, Hodlnaut’s creditors are likely to against the restructuring plan out…
When it comes to the restructuring of the travel group FTI, the state only has the choice between two bad solutions
tour operator The Rewe subsidiary DER Touristik wants to take over FTI. (Photo: IMAGO/Michael Gstettenbauer) Dusseldorf Rewe’s takeover bid for the financially troubled holiday operator FTI puts the German state…
Biggest USA Coinbase Restructuring: 950 Employees Dismissed
The largest crypto exchange in the USA, Coinbase, announced that it will close some projects as part of the restructuring of the company, citing the recession in the crypto money…
Critical Letter from Coinbase: Restructuring Begins
crypto exchange coinbase He published a noteworthy letter regarding his current situation. The exchange confirmed it would make layoffs, citing “market conditions that continue to impact the crypto economy.” The…
Real estate: Adler rescue blocked – bond investors vote against restructuring plan
Numerous problem construction sites The glassmaking district in Düsseldorf-Gerresheim is one of the construction sites of the struggling Adler Group, where little progress is made. (Photo: Verfürden/Handelsblatt) Dusseldorf The top…
Solaris Completes Board Restructuring – New Chief Risk Officer and Chief Financial Officer
Solaris in Berlin The new CEO Carsten Höltkemeyer and his board team face a number of challenges. (Photo: Solarisbank) Frankfurt Solaris continues to drive its internal restructuring – and reshuffle…
Cost reduction and job cuts alone are not enough – consultants also have to shape the future
McKinsey and Company McKinsey and other consultants are increasingly focusing on restructuring. (Photo: Charles Platiau) “The consultants are coming!” – this exclamation spread fear and terror in many companies in…
McKinsey, BCG, Bain and Roland Berger: Restructuring is becoming a hot topic
consultant in the company For the consultants, the topic of restructuring is becoming more important again. (Photo: E+/Getty Images) Dusseldorf The looming economic downturn is already noticeable in the order…
For which consultant fees in the millions are paid
Dusseldorf In the Essen headquarters of Galeria Karstadt Kaufhof, almost nothing works without Arndt Geiwitz’s consent. The official title of the 53-year-old is general manager, appointed by the owner, Signa…
Dispute over Corestate’s restructuring concept
Property in Dusseldorf A convertible bond issued by the real estate group Corestate is due on November 28th. (Photo: JOYN, Manfred Sodia) Frankfurt “No compromise was reached and it is…
Coinbase CPO Resigns as Part of Restructuring
Surojit Chatterjee, Chief Product Officer (CPO) of Coinbase, the largest US cryptocurrency exchange, has left his job as part of the company’s plan to restructure its product teams. by Coinbase…
Italy: Rise in bad loans imminent
The Milan skyline in front of the snow-capped Alps This is where the company Prelios is based, which buys loans from banks that will most likely never be repaid. (Photo:…
Italy: Rise in bad loans imminent
The Milan skyline in front of the snow-capped Alps This is where the company Prelios is based, which buys loans from banks that will most likely never be repaid. (Photo:…
FTX’s US Subsidiary FTX.US Restructuring: Changing CEO and Head Office
Bahamas-based cryptocurrency exchange FTX has announced that it will now relocate its headquarters from Chicago to Miami following the dismissal of the chairman of the exchange’s US subsidiary, FTX.US. CEO…
The corporate restructuring raises questions
Henkel boss Carsten Knobel The manager is rebuilding the consumer goods company. (Photo: Henkel) Carsten Knobel knows the criticism. “I know that not all of you are convinced that this…
Steag is examining the sale – the boom should heat up the purchase price
Frankfurt According to financial circles, Germany’s fifth-largest energy group Steag is considering selling its renewable energy business or, if possible, even the entire company. The utility wants to take advantage…