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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
Volkswagen, Union Agree to Keep German Plants Open Until 2030
By MBN Staff - Fri, 12/20/2024 - 14:19
Volkswagen and its union have agreed to keep all German factories open and secure jobs through 2030 amid competition and slow EV adoption
KTM Faces US$2.6 Billion Loss, Plans Restructuring Effort
By Óscar Goytia - Tue, 12/17/2024 - 16:45
KTM, a leading European motorcycle manufacturer, faces a financial crisis with a US$2.6 billion loss, pressuring it to restructure
Aeromexico Seeks BMV Approval for Secondary Public Offering
By Reneé Lerma - Mon, 12/09/2024 - 09:49
Aeromexico has requested a secondary public offering of up to 150 million special shares on the Mexican Stock Exchange (BMV)
GM's China JV Restructure Could Cost Over US$5 Billion
By Reneé Lerma - Wed, 12/04/2024 - 15:05
General Motors expects a US$5 billion financial impact from restructuring its joint venture with SAIC Motor in China
Nissan Execs Warn of Crisis, Survival Window 12–14 Months
By MBN Staff - Thu, 11/28/2024 - 18:02
Nissan faces a critical crisis, with executives warning the company has 12–14 months to survive without urgent action, reports The Financial Times
Northvolt Files Chapter 11, CEO Resigns Amid Crisis
By MBN Staff - Fri, 11/22/2024 - 09:50
Northvolt CEO Peter Carlsson steps down as the company files for Chapter 11 bankruptcy, seeking up to US$1.2 billion to restructure
Nissan Cuts 9,000 Jobs, Slashes Production Amid Sales Drop
By MBN Staff - Mon, 11/18/2024 - 09:25
Nissan cuts jobs and production to save US$2.6 billion amid declining sales in China and the United States.

Enphase to Cut 17% of Global Workforce Amid Solar Decline
By MBN Staff - Fri, 11/15/2024 - 11:10
Enphase Energy announces a 17% workforce reduction and restructuring due to declining solar demand, with a targeted cost-saving goal by 2025.

Intel Reintroduces Free Coffee to Boost Morale After Layoffs
By MBN Staff - Fri, 11/15/2024 - 10:39
Intel reintroduces free coffee and tea after laying off 15,000 employees, but concerns about job security remain amid ongoing financial challenges.