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Newmont Cuts 16% of Workforce as Part of Newcrest Integration
By Paloma Duran - Fri, 11/14/2025 - 11:40
Newmont has completed its global restructuring following the Newcrest acquisition, affecting about 16% of its workforce
https://mexicobusiness.news/tag/restructuring
More Automotive
Michelin Appoints Faiez Pisal CEO for Mexico and Central America
By Óscar Goytia - Thu, 07/10/2025 - 17:00
Michelin named Faiez Pisal President and CEO for Mexico and Central America; he will lead from Queretaro, overseeing key plants and support centers
AirAsia to Buy 70 Airbus A321XLRs Amid Restructuring
By MBN Staff - Tue, 07/08/2025 - 13:42
AirAsia signed an MoU with Airbus to buy 50 A321XLR jets, with options for 20 more, as it nears completion of its restructuring
BYD Transfers Stores From Liverpool to Dealers in Key Markets
By Teresa De Alba - Tue, 07/01/2025 - 13:23
BYD shifts its Mexico strategy, transferring seven stores from Liverpool to established dealer groups in key markets like Mexico City and Guadalajara
Volvo to Cut 3,000 Jobs Amid 73% Profit Drop in 1Q25
By Teresa De Alba - Mon, 05/26/2025 - 16:25
Volvo plans to cut 3,000 jobs after a 73% profit drop in 1Q25 and a 12% sales decline, citing weak first-quarter earnings
US Cuts Tariffs on Mexican Cars: The Week in Automotive
By Óscar Goytia - Thu, 05/22/2025 - 13:05
This week: Honda delays EV plans, US cuts tariffs on Mexican cars, and Mexico's auto output rises despite export declines
US Tariffs Take Toll on Mexico’s Auto Exports: Auto Week
By Óscar Goytia - Thu, 05/15/2025 - 11:19
This week in automotive: US tariffs cut Mexico’s auto exports sharply, while local strategies and EV investments gain momentum
Nissan to Cut 10,000 Jobs Globally in Major Restructuring Plan
By MBN Staff - Mon, 05/12/2025 - 12:48
Nissan plans to cut 10,000 jobs globally, totaling a 15% workforce reduction, as part of a restructuring strategy to address declining performance
Brown-Forman to Cut 12% of Workforce Amid Restructuring
By MBN Staff - Fri, 01/17/2025 - 11:08
Brown-Forman is cutting 12% of its workforce and closing its barrel-making facility to address weak alcohol demand and rising costs.

New Merger Creates Key Litigation Team in Mexico
By MBN Staff - Mon, 12/23/2024 - 10:41
Starting in 1Q25, two major law firms will join forces, enhancing services with seven partners and over 50 staff.