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Kongsberg Automotive announces cost reduction plan
Kongsberg Automotive (KA) has announced an overhead cost reduction plan that is anticipated to yield annual savings of €15m ($17.67m). The plan, revealed during the first quarter (Q1) presentation in ...
MARTINSVILLE, Va. — Hooker Furnishings Corporation has reported operating results for its fiscal 2026 second quarter ended August 3, 2025. As per the company's Q2 Earnings Call, Hooker broke even in ...
IRVINE, Calif., May 29, 2024 (GLOBE NEWSWIRE) -- AEON Biopharma, Inc. (“AEON” or the “Company”) (NYSE: AEON), a clinical-stage biopharmaceutical company focused on developing a proprietary botulinum ...
SAN DIEGO, July 24, 2023 /PRNewswire/ -- Heron Therapeutics, Inc. (Nasdaq: HRTX), a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing ...
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Carter’s outlines $45M cost reduction plan and targets 150 store closures amid tariff pressures
CEO Douglas Palladini stated that "our business transformation has accelerated as core tenets of new strategies take hold," noting strong engagement from young Gen Z families and emphasizing the need ...
Lakeland Industries, Inc. announced plans to close its warehouse in Hull, England, and its Veridian manufacturing facility in Quitman, Arkansas, as part of a broader strategy to streamline operations ...
Blink Charging Co., a major provider of electric vehicle charging solutions, has announced a restructuring plan aimed at enhancing operational efficiency and long-term growth. This plan includes a ...
Vestas had previously announced the workforce would be reduced by 2.335 by the end of 2012, these reductions are ahead of schedule and to reach that number 1.100 employees will be made redundant by ...
Kongsberg Automotive is adjusting its direct labour levels in response to a softening market, especially in the European and North American truck segments. Credit: YAKOBCHUK VIACHESLAV/Shutterstock.
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