Samsung Makes Next Restructuring Move

In the latest of a series of restructuring moves among Samsung Group companies, the shipbuilding and engineering businesses of South Korea's largest conglomerate will merge.

BING NEWS:
  • Luminar to cut nearly 20% jobs as part of restructuring
    Luminar Technologies , a maker of lidar sensors for self-driving cars, said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year.
    05/3/2024 - 10:16 am | View Link
  • Sprinklr lays off more than 100 employees
    Of the total workforce, Sprinklr had 787 in the U.S. and 3,082 internationally (with 2,276 employees in India). “The restructuring will be done in accordance with local and country laws. This ...
    05/3/2024 - 7:18 am | View Link
  • Peloton Sweats Out Another Restructuring; CEO Barry McCarthy To Step Down
    Key Takeaways Peloton announced new cost-cutting measures, including layoffs, and that CEO Barry McCarthy was stepping down.The exercise company that has struggled with a slump in demand following a ...
    05/2/2024 - 4:22 am | View Link
  • InterDigital Announces Financial Results for First Quarter 2024
    New license agreements drive 30% increase in YoY revenue and record quarter for Consumer ElectronicsCompany reaffirms full year 2024 ...
    05/2/2024 - 3:30 am | View Link
  • Culp reveals aggressive restructuring, moving some operations to Triad, but eliminating 240 jobs overall
    High Point-based textile company Culp Inc. ( NYSE: CULP) will implement a broad restructuring effort that will eliminate about 240 jobs, while moving some production operations to its local operations ...
    05/2/2024 - 12:03 am | View Link
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