Mews is cutting 15% of its roughly 1,350-person staff in its deepest restructuring since the pandemic — founder and CEO Richard Valtr says AI has made the

Existing investors are set to inject about $40 million in equity, while BlackRock is expected to provide up to $50 million through its private-credit platform ahead of Udaan's IPO plans

In a letter to employees, Xbox CEO Asha Sharma confirms the single biggest staff reduction event for the company as well as four studios leaving.

Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting ...

A corporate restructure is often associated with a failing business model or major job cuts. While the restructure may help the company move forward and improve business, the process comes with some fallout for both the company and the employees.

The restructuring will be among the largest in history. In nominal terms the combined debts of the government and PDVSA, the state oil firm, are comparable to those of Greece, which defaulted on $260bn in bonds in 2012.

Our Financial Restructuring & Reorganization Group provides practical considerations for evaluating whether a UK Part 26A restructuring plan or