Restructuring

ChargePoint, a South Bay EV charging firm, has cut 10% of its global workforce as part of a restructuring plan, according to a SEC filing. The company initially announced the layoffs on March 31, 2026.

Volkswagen reported weaker-than-expected second-quarter profit and revised down its 2026 sales forecast, signaling financial challenges ahead of restructuring. The company flagged a full-year revenue squeeze as part of its earnings update.

News 12 is laying off journalists in the Bronx, Brooklyn, Westchester, and Connecticut as part of a restructuring that one employee claims dismantles the company's standalone operations in these regions.

Volkswagen is reportedly planning to cut 100,000 jobs and close four German plants, doubling previously announced cuts and marking the company's largest restructuring in its 89-year history.

Low-income countries are experiencing deeper economic shocks but are refusing to restructure their debts. The article explores the reasons behind their decision not to pursue restructuring despite increasing financial challenges.

Acclaimed bankruptcy lawyer James Sprayregen is set to join Paul Weiss. He previously helped turn Kirkland & Ellis into a restructuring powerhouse.

Starbucks is cutting office jobs in the UK and Hong Kong as part of a restructuring effort. The company is also exploring options for its Chinese operations, including the possibility of selling a stake in the business.

Thames Water is set to pay £749 million as part of a creditor takeover deal amid rising costs for its restructuring. The UK's largest water company is attempting to avoid nationalisation through this financial arrangement.

The Adani Group has announced a restructuring plan as part of its strategy to position for future growth. The conglomerate's headquarters is located in Ahmedabad, India.

Air Baltic bondholders have hired lawyers amid growing concerns over potential restructuring. Meanwhile, CEO Martin Gauss mentioned discussions with investors about a possible initial public offering (IPO).

Crypto projects are shutting down due to weakening token funding and fragmented structures, which limit their ability to restructure or recover. The failure of token models under financial pressure highlights systemic challenges in the cryptocurrency sector.

Redwood Materials is undergoing layoffs and restructuring, leading to the departure of COO Chris Lister, a former Tesla executive, and at least three other vice presidents.

Snap Inc. is cutting 1,000 jobs and restructuring operations to prioritize profitability as AI tools transform its business model. The company aims to save $500 million through these changes.

The Trump administration's restructuring of the US Forest Service, which manages 193 million acres of public lands, is facing criticism from unions over potential chaos and staff displacement. The overhaul, which includes closing all regional offices and laying off hundreds of workers, risks impacting US public lands and has been labeled 'illegal' by union leaders.

Shareholders in Thailand's CP All rejected a restructuring plan proposed by the company's group. The decision blocks efforts to reorganize the business under group leadership.