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JELD-WEN Reports Third Quarter 2025 Results, Announces Workforce Reductions and Significant Strategic Actions
Prnewswire· 2025-11-03 21:30
Accessibility StatementSkip Navigation CHARLOTTE, N.C., Nov. 3, 2025 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) ("JELD-WEN" or the "Company") today announced results for the three and nine months ended September 27, 2025. Comparability is to the same period in the prior year. Third Quarter Highlights "Third-quarter results fell short of our expectations due to persistent market headwinds and price-cost pressures," said Chief Executive Officer William J. Christensen. "Actions are underway to confron ...
Fed's Bowman moves to reduce bank-supervision unit by about 30%, Bloomberg News reports
Yahoo Finance· 2025-10-30 20:02
(Reuters) -The U.S. Federal Reserve's top bank cop, Michelle Bowman, announced plans to reorganize the agency's supervision and regulation division and shrink the unit's staff by roughly 30%, Bloomberg News reported on Thursday. The reduction will be through attrition, retirements and voluntary separation incentives, Bowman said during a Thursday event, the report added, citing people familiar with the matter. "She expects S&R to have a smaller overall footprint of roughly 350 employees – a reduction of ...
X @The Wall Street Journal
UPS said it has reduced its management workforce by about 14,000 positions so far this year and its operational workforce by 34,000 positions https://t.co/XY4S0c80Ug ...
X @The Wall Street Journal
Attrition is “our friend”: Big companies are shrinking their workforces—and CEOs are shouting it from the rooftops https://t.co/mUAllvzMHV ...
X @The Economist
The Economist· 2025-07-15 07:20
American companies have a tendency to prune workforces whenever the opportunity arises, more so than in Europe or Japan. Advances in AI promise to hand bosses an even bigger axe https://t.co/ygyt6WFRF5 ...