Spirit Airlines has filed for bankruptcy protection just months after emerging from Chapter 11. Despite the setback, the airline assures passengers can still book flights and use loyalty points during the restructuring. Union leaders warn employees to prepare for potential challenges ahead.
Spirit Airlines has filed for bankruptcy protection just months after emerging from a previous Chapter 11 reorganization. Despite this, the airline assures passengers that booking and travel will continue as normal during the restructuring process.
In a bold move, IgniteTech replaced hundreds of employees to embrace AI, facing significant resistance and cultural challenges. Discover how this shift reshaped their business amidst the AI revolution.
HSBC's pretax profit dropped 26% in the first half, signaling challenges ahead for CEO Elhedery as losses mount in China. The bank restructures to adapt to changing markets amid a struggling property sector.
Intel is undergoing significant changes under CEO Tan, including major job cuts and a shift in manufacturing strategy. With a focus on fiscal discipline, will these moves help the chip giant recover from its losses?
Stellantis reported a staggering 2.3 billion euro net loss in the first half of the year, driven by a significant slump in North American sales and the impact of new US tariffs. The company is restructuring to combat these challenges.
In a bold move, Cardinal Health's CEO Hollar has implemented a ruthless strategy to revitalize the company, slashing underperforming segments and refocusing resources. The results? A significant financial turnaround and renewed employee morale!
In a controversial decision, the Supreme Court has allowed the Trump administration to proceed with mass firings across 19 federal agencies, igniting fears among thousands of federal workers about their job security and the future of government services.
The U.S. Supreme Court has authorized President Trump's administration to pursue sweeping federal job cuts, potentially affecting hundreds of thousands of workers. This controversial decision raises questions about government efficiency and the future of public services.
In a surprising turn of events, Halo Studios has laid off at least five employees as part of Microsoft’s ongoing restructuring. With tensions high and projects in crisis, the future of Halo's next installment hangs in the balance.
