Browsing: Restructuring

Department store group kept buying new products and fell months behind in payments to some brands despite discussions with administrators

Carrier targets €1 billion improvement in annual earnings through outsourcing, staff transfers and productivity measures Mücahithan Avcıoğlu 05 November 2026•Update: 05 November 2026 İSTANBUL

Fedir Kryshtovskyi29 October 2026 13:20

Medifast Inc. reported a third-quarter 2026 GAAP net loss of $17.5 million on $72 million in revenue, impacted by restructuring costs. The non-GAAP net loss was $2.1 million, or $0.19 per diluted share. Despite lower bottom-line results, independent coach productivity surged 54% year-over-year to $7,064 per active earning coach. The company is advancing its transition…

This week’s developments show why workforce planning must connect automation, employee capacity, governance, and customer service outcomes. CX organizations need to understand which work disappears, which moves to AI, and which still requires human judgment.

Oracle (NYSE:ORCL), the database and AI-cloud giant, paired a rising restructuring bill with an aggressive data-center buildout as it races to turn enormous AI demand into actual cash flow, Reuters reported. Shares gained approximately 2.1% to $143.33 Wednesday. The valuation picture still looks unusually wide: Oracle’s $143.33 share price sits 25.01% below its GF Value…

Add to Google Preferred Sources Alibaba announced a sweeping business reorganization alongside its fiscal Q1 2027 earnings release: China E-Commerce Group, Alibaba International Digital Commerce Group, and Hema will merge into a unified Alibaba E-Commerce Group; Cloud Intelligence Group and chip designer T-Head will combine into AI Cloud and Computing Services; and the AI model…