The auto-parts supplier’s proposal bypasses most administrative creditors and pays DIP lenders, drawing scrutiny from the bankruptcy watchdog and a judge.

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The tech sector's relentless restructuring wave has claimed another major player, pushing 2026's total workforce reductions to a grim milestone, as companies continue to reallocate capital towards ...

Creditors to Clearlake Capital-backed software company FinThrive are re-engaging with restructuring counsel after an earnings miss sent its loans tumbling, according to people with knowledge of the ...

ClickUp cut 22% of its staff, with CEO Zeb Evans framing the layoffs as part of an AI restructuring focused on 100x output.

By Katie Paul NEW YORK, May 18 (Reuters) - Meta detailed its layoff plans for this week in a memo shared with employees on Monday, saying cuts to its workforce globally would be accompanied by a fresh ...

Neal J. Riley is a digital producer for CBS Boston. He has been with WBZ-TV since 2014. His work has appeared in The Boston Globe and The San Francisco Chronicle. Neal is a graduate of Boston ...

The Venezuelan government announced Wednesday that it has begun a "comprehensive and orderly process" for restructuring its enormous sovereign and state oil company debt. In a statement, Venezuela's ...

The private equity group planning to shut up to 150 former WH Smith stores faced a backlash last night after it emerged it is charging millions to use the new 'TG Jones' name. Modella Capital, which ...