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Target announces plans to eliminate 1,800 corporate jobs as part of efforts to reverse stagnant sales and streamline operations.
Nestlé plans to eliminate 16,000 jobs as part of a transformation strategy under its new CEO to boost profitability and address declining sales.
Starbucks announces plans to close 1% of its North American stores and lay off 900 employees as part of a $1 billion restructuring effort.
Spirit Airlines announces a 25% capacity cut and potential job losses as part of its restructuring amid ongoing bankruptcy challenges.
Kraft Heinz announces a major split into two companies as it seeks to revive growth amid ongoing financial challenges.
Meta has placed a hiring freeze on its AI division, citing organizational planning and a shift towards restructuring as it navigates its superintelligence ambitions.
Walmart's recent restructuring affects hundreds of store-support roles as part of its efforts to streamline operations.
Del Monte Foods has filed for Chapter 11 bankruptcy, aiming to restructure and find a buyer while continuing operations.
Volvo Cars is restructuring and cutting 3,000 jobs due to economic challenges and trade uncertainties.
Walmart plans to cut around 1,500 jobs in a restructuring initiative aimed at streamlining operations and improving efficiency.
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