Embracer Group has announced that the company will be restructing to make the company a leaner, stronger and a more focused, self-sufficient company. The restructuring will include layoffs and the termination, or pausing of some projects. TL;DR Key Points of the open letter: The closing of some studios and termination of unannounced projects. Where Embracer…
Debt can be a major source of stress, especially if you have a lot of high-interest loans or pending credit card bills to repay. The results of managing several loans with various due dates could include missed payments, late fees, and rising interest rates. Consolidating debt is a common solution for those who are struggling…
Jun 13, 2023 11.21am Dominos Pizza chief executive Don Meij downplayed the companys earnings downgrade on Tuesday as a cycle, after weak trading pushed it to close nearly 100 stores and give up on an expansion into Denmark. The business is fighting the inflationary war on two fronts: absorbing higher prices for ingredients, energy and…
The number of company insolvencies across Staffordshire over the past four years has jumped by more than two thirds. Figures released through the BBC Shared Data Unit reveal that across the county, 209 companies were liquidated in 2022 compared with 124 in 2019 an increase of just under 69%. The national picture saw eight out…
Jun 13, 2023 4.39pm Three years after paying $NZ1 (90c) to buy New Zealands largest publisher, former journalist Sinead Boucher is in the midst of the biggest strategic pivot in the history of her media group, Stuff. Ms Boucher, who bought the company from Nine Entertainment in 2020, has announced a major leadership overhaul and…
Nomura Holdings plans to scale back a brokerage venture with messaging app operator Line Group amid a gloomier outlook for the business. As part of the restructuring, Japans biggest securities firm will take over the management of client brokerage accounts while the venture, Line Securities, will focus on foreign-exchange margin trading services, the companies said…