Tag:

Restructuring

Hartford, CT
Business
Claire's Finds Buyer To Keep Mall Brand Alive: See Which Stores Will Close Claire's Finds Buyer To Keep Mall Brand Alive: See Which Stores Will Close
Claire's Finds Buyer To Keep Mall Brand Alive: See Which Stores Will Close Famous ear-piercing retailer Claire's has found a buyer as the struggling mall…

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by Chris Spiker
Rahway, NJ
Business
Rahway-Based Merck Stock Drops, Layoffs Begin In $3B Restructuring Plan Rahway-Based Merck Stock Drops, Layoffs Begin In $3B Restructuring Plan
Rahway-Based Merck Stock Drops, Layoffs Begin In $3B Restructuring Plan Merck, a pharmaceutical company headquartered in Rahway, announced it will…

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by Sam Barron
Hartford, CT
Business
Starbucks Reportedly Tweaks Pricing For Drink Charges: Here's What's New Starbucks Reportedly Tweaks Pricing For Drink Charges: Here's What's New
Starbucks Reportedly Tweaks Pricing For Drink Charges: Here's What's New Starbucks is changing how it charges for some drink add-ons in a move the…

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by Chris Spiker
Hartford, CT
Business
Online Hiring Pioneers CareerBuilder, Monster File For Bankruptcy Online Hiring Pioneers CareerBuilder, Monster File For Bankruptcy
Online Hiring Pioneers CareerBuilder, Monster File For Bankruptcy Once the most recognizable names in online hiring, CareerBuilder and Monster are filing…

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by Chris Spiker
Andover, MA
Business
Major Household Product Maker With MA Plants Cutting 7,000 Jobs As Trump Tariffs Roil Economy Major Household Product Maker With MA Plants Cutting 7,000 Jobs As Trump Tariffs Roil Economy
Major Household Product Maker With MA Plants Cutting 7,000 Jobs As Trump Tariffs Roil Economy Procter & Gamble, which operates eight plants across the…

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by Chris Spiker
Saratoga Springs, NY
Business
Major Job Cuts Coming At Walmart: 1,500 Corporate Roles Slashed Major Job Cuts Coming At Walmart: 1,500 Corporate Roles Slashed
Major Job Cuts Coming At Walmart: 1,500 Corporate Roles Slashed Walmart is set to cut about 1,500 corporate jobs across the United States as part of a…

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by Joe Lombardi
Wrentham, MA
Business
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge
Burberry Laying Off 1,700 Workers As High-End Fashion Designer's Sales Plunge Burberry is cutting more than 1,500 jobs worldwide after the British luxury…

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by Chris Spiker
Rocky Hill, CT
Business
On The Border Finds Buyer After Tex-Mex Restaurant Chain Declared Bankruptcy On The Border Finds Buyer After Tex-Mex Restaurant Chain Declared Bankruptcy
On The Border Finds Buyer After Tex-Mex Restaurant Chain Declared Bankruptcy A Texas restaurant company is set to buy On The Border Mexican Grill &…

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by Chris Spiker
Hartford, CT
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
Conshohocken-Plymouth Meeting, PA
Business
Security Company Laying Off Dozens Of Workers In Conshohocken Amid Corporate Overhaul Security Company Laying Off Dozens Of Workers In Conshohocken Amid Corporate Overhaul
Security Company Laying Off Dozens Of Workers In Conshohocken Amid Corporate Overhaul A major security company is planning to cut dozens of jobs in…

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by Chris Spiker
East Hanover-Florham Park, NJ
Business
Pharma Giant Cutting 400+ More East Hanover-Based Jobs Ahead Of Major Drug Patent's Expiration Pharma Giant Cutting 400+ More East Hanover-Based Jobs Ahead Of Major Drug Patent's Expiration
Pharma Giant Cutting 400+ More East Hanover-Based Jobs Ahead Of Major Drug Patent's Expiration Pharmaceutical company Novartis is laying off more…

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by Chris Spiker
Avon, CT
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
Hartford, CT
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
Hartford, CT
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
Linthicum, MD
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
East Hartford, CT
Business
Pratt & Whitney Will Cut Some Jobs To Lower Costs, 'Streamline' East Hartford-Based Company Pratt & Whitney Will Cut Some Jobs To Lower Costs, 'Streamline' East Hartford-Based Company
Pratt & Whitney Will Cut Some Jobs To Lower Costs, 'Streamline' East Hartford-Based Company Jet engine manufacturer Pratt & Whitney announced on…

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by Josh Lanier
Hartford, CT
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
Hartford, CT
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
Drexel Hill-Upper Darby, PA
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
White Plains, NY
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
White Plains, NY
Business
Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants
Red Lobster Files For Bankruptcy After Abruptly Closing Dozens Of Restaurants Red Lobster has filed for bankruptcy just days after closing dozens of its…

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by Joe Lombardi
Fort Lee, NJ
News
Bed Bath & Beyond Exec Leaps To His Death From NYC's Jenga Tower Bed Bath & Beyond Exec Leaps To His Death From NYC's Jenga Tower
Bed Bath & Beyond Exec Leaps To His Death From NYC's Jenga Tower A Bed Bath & Beyond executive leapt 18 stories to his death from New York City's…

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by Joe Lombardi
Mount Pleasant, NY
Business
New Closure Announced For Macy's Store In Westchester New Closure Announced For Macy's Store In Westchester
New Closure Announced For Macy's Store In Westchester A Macy's store in Westchester County will be closing its door as part of the company's…

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by Kathy Reakes
White Plains, NY
Business
Altice Says Lawsuit By Dolan Family, News 12 Anchor 'Without Merit' Altice Says Lawsuit By Dolan Family, News 12 Anchor 'Without Merit'
Altice Says Lawsuit By Dolan Family, News 12 Anchor 'Without Merit' Altice USA issued a detailed response to Thursday's story by Daily Voice about a lawsuit…

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by Jon Craig