This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. Dive Brief: Coca-Cola is planning layoffs in 2026 as part of a restructuring initiative, beginning with 75 workers at its corporate headquarters.  The initial layoffs will take effect around Feb. 28, the company said in a WARN notice filed last week. Coca-Cola expects further workforce cuts to occur in phases. It didn't specify how many jobs would be affected. Outgoing ...

Divests asbestos-related liabilities Restructures the firm and further streamlines continuing operations Strengthens financial position and further advances BHI's priorities of portfolio optimization and simplification LANCASTER, Pa., Dec. 31, 2025 /PRNewswire/ -- Burnham Holdings, Inc. (BHI), parent company to leading manufacturers of boilers and related HVAC products and accessories, announced the continuation of its strategic initiatives intended to refocus its boiler business. As part of these initia ...

Key Takeaways 3M's restructuring cut jobs and simplified supply chains lifted adjusted operating margin to 24.2%.In the first nine months of 2025, 3M's actions and productivity gains drove a 220 bps margin lift.MMM guides 2025 adjusted EPS of $7.95-$8.05, with organic revenue growth above 2%.3M Company (MMM) has undertaken structural reorganization actions to reduce the size of its corporate center, streamline its geographic footprint, simplify the supply chain and optimize manufacturing roles to align with ...

*ST金科公告，公司及控股子公司重庆金科房地产开发有限公司的重整计划已于2025年11月21日执行完 毕。公司总股本由53.4亿股增加至106.34亿股，并通过重整计划引入重整投资人，实施出资人权益调 整，有效化解债务风险。重整计划执行完毕后，公司的资产负债结构将得到极大改善，同时公司也将积 极整合各方优质资源，构建房地产发展新模式，有效提升公司核心竞争力和盈利能力，使公司重回良性 发展轨道，实现高质量可持续健康发展。 ...

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the "Company†or "Modivcare†) (OTCMKTS: MODVQ), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, announced today that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company's Plan of Reorganization (the "Plan†). This milestone clears the path for Modivcare to successfully emerge from Chapter 11 in the coming weeks with significantly le ...

Bankers and fund managers are now rushing to weigh the damage of what could become one of the biggest corporate restructurings in China’s history: Here is your Evening Briefing. https://t.co/uT0HuaU8WN ...

Core Insights - The earnings report signifies the conclusion of a difficult year for Thyssenkrupp, which is currently undergoing a restructuring initiative [1] Group 1 - Thyssenkrupp is in the midst of a restructuring push, indicating significant changes within the company [1]

Group 1 - TriMas has appointed Paul Swart as the new chief financial officer, effective December 15, 2023, who previously worked at TriMas for 20 years [1][2] - Swart will succeed Teresa Finley, who served as interim CFO since March 2023 after the departure of Scott Mell [2] - The company is in the process of divesting its aerospace division in a $1.45 billion all-cash deal to investment firm Tinicum, expected to close in Q1 2024 [3] Group 2 - TriMas' packaging segment serves various markets including beauty and personal care, food and beverage, home care, pharmaceutical, nutraceutical, medical, and industrial sectors [4] - In 2024, TriMas reported net sales of $925 million, with the packaging segment contributing $512.3 million [4] - The new CEO, Thomas Snyder, aims to transform TriMas into a more focused, high-margin packaging platform following the aerospace sale [5]

The company said it had approved new efforts in late October to consolidate certain service providers, standardize its business processes, and pursue a net reduction in workforce, according to a Monda... ...

Core Viewpoint - Continental is implementing further restructuring measures at its ContiTech division to adapt to challenging market conditions and reduce costs, following previous actions deemed insufficient [1][2]. Group 1: Restructuring Measures - The company plans to shut down four plants and reduce operations at two additional sites, impacting approximately 580 jobs at ContiTech [1]. - A new program will be rolled out across all levels of the ContiTech organization starting in 2026, which will involve job cuts, relocating activities, and revising internal processes [3]. - Up to 1,500 additional jobs may be cut as part of the restructuring efforts [3]. Group 2: Market Conditions and Cost Structure - ContiTech's key markets are underperforming, and its cost structure is higher than that of competitors [2]. - The company is facing increasing cost pressures due to a changing market environment, slower growth rates in key economies, trade conflicts, and intensified competition, particularly from China [2]. Group 3: Financial Targets - Continental aims to achieve annual cost savings of €150 million (approximately $172.73 million) by 2028, primarily from administrative functions [2]. Group 4: Future Plans and Divestment - The company is preparing to divest ContiTech as part of a broader reorganization, with significant changes expected to impact operations in Hanover, where activities may be transferred to lower-cost countries [4][5]. - Adjusting the cost structure is deemed necessary for the long-term viability of the division, regardless of its future ownership [5].