WWD has learned the brand laid off about 30 percent of its workforce.

Estée Lauder Companies said Monday that it plans to cut 3% to 5% of its positions as part of a restructuring program that will begin during the company’s 2024 fiscal third quarter. This reduction ...

Losses at The Goodyear Tire & Rubber Co. narrowed in the first quarter of 2024 due in part to an ongoing restructuring that won positive reviews from analysts. Goodyear reported a Q1 net loss of $57 ...

CVS Health announced a company-wide restructuring initiative on Wednesday, after the healthcare giant’s profit fell 37% year over year to $1.9 billion in the second quarter. As part of the ...

GoPro (NASDAQ:GPRO) said it plans to cut about 26% of its workforce, as part of an updated restructuring plan. The wearable video camera maker in August said it intended to cut 15% of its workforce ...

Cincinnati Public Schools says it may make changes to a proposed plan that would move students at nearly 30 schools to new buildings next fall to balance enrollment. Officials say the plan, initially ...