Tag Archives: Restructuring

BlackBerry reports internet Loss on Restructuring expenses, Write-Downs

BlackBerry, the Canadian mobile employer bought simply five lakh telephones globally within the first economic quarter – down from six lakh within the previous sector – reporting a $670 million loss which is its biggest loss in over years. although much of the loss was right down to restructuring prices, sales additionally fell to $400 million, down 39 percent on ... Read More »

Colgate Extends Restructuring Programme, to Cut More Jobs

Colgate-Palmolive Co said on Thursday it would cut more jobs under an extended restructuring programme as the world’s largest toothpaste maker grapples with tough macro-economic conditions, including a strong dollar. The programme, now expected to end in December 2017, will result in the reduction of 3,300 to 3,800 positions globally. Colgate, had earlier said it expected to complete the programme ... Read More »