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Keywords: Business strategy
Dutch brewing giant Heineken has eliminated approximately 3,000 jobs during the first half of 2026 as part of a global restructuring programme aimed at improving efficiency, while reporting a double-digit increase in net profit. The world's second-largest brewer, behind AB InBev, said the workforce......
Starbucks has announced the elimination of approximately 300 corporate positions in the United States as part of a broader restructuring plan aimed at improving operational efficiency and restoring long-term profitability. The company confirmed that several regional support offices across the country......
Taiwanese semiconductor giant Taiwan Semiconductor Manufacturing Company announced plans to sell up to 152 million shares in Vanguard International Semiconductor through a block trade aimed at financial institutional investors. The operation is expected to reduce TSMC’s ownership stake in Vanguard......
Associated British Foods has announced plans to separate its low-cost fashion subsidiary Primark from its core food business, in a move aimed at improving operational focus and maximizing long-term shareholder returns. According to a company statement, the board concluded that a spin-off would allow......
German specialty chemicals group Evonik has announced key leadership changes, appointing a new chief financial officer while extending the mandate of its current chief executive officer until 2030. The company confirmed that Michael Rauch will take over as CFO following a recent board decision. His......
British online fashion retailer ASOS has reported a significant rise in profitability, with adjusted core earnings increasing by nearly 50% in the first half of the year. The improvement comes as the company continues to implement a strategy centered on cost efficiency and operational restructuring. The......