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corporate restructuring
VW advisers push sale of Ducati, Lamborghini after Everllence deal
Volkswagen is facing mounting pressure to sell prized brands including Ducati and Lamborghini as its financial crisis deepens, with advisers pushing the automaker to capitalize on the momentum from its recent Everllence divestiture, according to a report in the Financial…
Oracle cut 21,000 jobs in fiscal 2026, annual report shows
Oracle disclosed that its global workforce shrank by approximately 21,000 employees over the past fiscal year, a 13% decline driven in part by the company's adoption of artificial intelligence, according to its annual report released Monday.