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Restructuring

Business
Hooters Files For Bankruptcy, Joining Wave Of Struggling Restaurant Chains Hooters Files For Bankruptcy, Joining Wave Of Struggling Restaurant Chains
Hooters Files For Bankruptcy, Joining Wave Of Struggling Restaurant Chains Hooters, the restaurant famous for chicken wings and waitresses with skimpy…

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by Chris Spiker
Business
Security Company Laying Off Dozens Of PA Workers Amid Corporate Overhaul Security Company Laying Off Dozens Of PA Workers Amid Corporate Overhaul
Security Company Laying Off Dozens Of PA Workers Amid Corporate Overhaul A major security company is planning to cut dozens of jobs in Montgomery…

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by Chris Spiker
Business
Pharma Giant Cutting 400+ More NJ Jobs Ahead Of Major Drug Patent's Expiration Pharma Giant Cutting 400+ More NJ Jobs Ahead Of Major Drug Patent's Expiration
Pharma Giant Cutting 400+ More NJ Jobs Ahead Of Major Drug Patent's Expiration Pharmaceutical company Novartis is laying off more than 400 US…

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by Chris Spiker
News
NASA Starts Mass Firings Of Scientists NASA Starts Mass Firings Of Scientists
NASA Starts Mass Firings Of Scientists NASA is eliminating key scientific offices— including the Office of the Chief Scientist — as part of a broad restructuring…

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by Joe Lombardi
Business
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann will shut down all of its 800 locations, ending more than…

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by Chris Spiker
Business
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks is cutting 1,100 corporate jobs as part of a sweeping restructuring plan…

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by Chris Spiker
Business
Southwest Airlines Laying Off 15% Of Workforce In 'Unprecedented' Corporate Overhaul Southwest Airlines Laying Off 15% Of Workforce In 'Unprecedented' Corporate Overhaul
Southwest Airlines Laying Off 15% Of Workforce In 'Unprecedented' Corporate Overhaul Southwest Airlines is cutting 1,750 jobs as part of a restructuring…

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by Chris Spiker
Business
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy
Spirit Airlines Slashes Jobs As It Charts Path Out Of Bankruptcy Spirit Airlines is laying off about 200 employees as the company tries to survive amid…

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by Chris Spiker
Business
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Arts and crafts retailer Joann is declaring bankruptcy for the second…

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by Chris Spiker
Business
Tyson Foods To Close Two Pennsylvania Plants, Laying Off 229 Workers Tyson Foods To Close Two Pennsylvania Plants, Laying Off 229 Workers
Tyson Foods To Close Two Pennsylvania Plants, Laying Off 229 Workers Tyson Foods will permanently close two Philadelphia facilities, affecting 229…

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by Jillian Pikora
Business
TGI Fridays Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants TGI Fridays Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants
TGI Fridays Files For Bankruptcy Weeks After Sudden Closures Of At Least 12 Restaurants Casual dining chain TGI Fridays has filed for bankruptcy several…

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by Joe Lombardi