All news on the topic: Restructuring

The board of German car giant Volkswagen has approved a plan to cut another 50,000 jobs as part of the biggest restructuring in the group’s almost nine-decade history.

Diageo slashed nearly 2,000 jobs in the year to June as the struggling drinks giant launches a drastic restructuring to revive its fortunes.

Venezuela is set to reveal a $240bn debt pile, much higher than previously thought, as the country embarks on the biggest sovereign restructuring in history following the US removal of Nicolás Maduro.

The Post Office awarded a £2.4m contract to a crisis PR company as it fights legal claims by victims of the Horizon IT scandal.