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Toys R Us has appointed restructuring advisors as it struggles under a debt burden, suggesting it may be about to trim its store network. Neil Saunders says while the decision is not necessarily a sign of imminent bankruptcy, it is an indication the company…
Coca-Cola’s sales declined in the first quarter as it restructured its business, and the world’s biggest beverage maker said it will cut 1,200 jobs starting later this year as it deepens its cost-cutting. The maker of Fanta, Sprite and Smartwater said the job…
Nokia has announced a restructuring of its mobile unit into two groups, focused on mobile networks and services respectively, in response to the planned departure of the company’s current mobile networks chief. The company said it will establish two units…
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