Restructuring

BuzzFeed Inc. Sells Complex Site

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:February 21, 2024

BuzzFeed Inc. Shares Soar After Selling Complex Site Shares of BuzzFeed Inc. (BZFD, -8.50%) surged over 90% in after-hours trading on Wednesday following the announcement that the media company had…

Estée Lauder Announces Expansion of Profit-Recovery Plan

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:February 5, 2024

Luxury cosmetics company, Estée Lauder, made headlines on Monday with the announcement of its expanded profit-recovery plan for fiscal 2025 and 2026. This plan includes a restructuring program that entails…

Etsy Inc. Announces Staff Layoffs, Shares Fall

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:December 13, 2023

A Shift in Strategy for the E-Commerce Giant Etsy Inc. experienced a significant drop in its shares on Wednesday, with a decline of over 7%, placing the company among the…

MillerKnoll Reports Loss in Fourth Quarter

  • Post author:
  • Post category:News
  • Post comments:0 Comments
  • Post last modified:July 13, 2023

Zeeland, Mich.-based furniture maker MillerKnoll announced a loss in the fiscal fourth quarter due to a decrease in sales and higher costs resulting from their ongoing restructuring plan. For the…