Lloyd Braun’s Media Firm Laid Off Staff Amid Restructuring – Hollywood Reporter

4:50 PM PDT 10/13/2017 by Natalie Jarvey The company restructured in early September following the departure of president Jeff Berman. Lloyd Braun’s media firm, Whalerock Industries, conducted a round of layoffs last month as part of a company wide restructuring, sources tell The Hollywood Reporter.  In August, Whalerock president Jeff Berman left the company behind Kimoji…

Train Giant CRRC to Trim Freight-Car Manufacturing Capacity – Caixin – Caixin Global

CRRC Corp., Chinas top state-owned rail equipment maker, plans to reshuffle its struggling freight-car production businesses in a bid to eliminate excess capacity as part of a corporate restructuring. Sources close to the company told Caixin that CRRC has worked out a plan to consolidate its 10 freight-car manufacturing subsidiaries, reducing overcapacity and optimizing resource…

CRRC to Halve Freight-Car Capacity in Business Reshuffle – Caixin Global

Chinas leading train maker, CRRC Corp., will shutter half of its freight-car manufacturing capacity in a business restructuring to deal with excess capacity. CRRC has told several rail vehicle-making subsidiaries to cut freight-car production, involving about 50% of its total freight-car manufacturing capacity. Three subsidiary companies will fully withdraw from freight-car production, according to a…

Felda puts London property for sale as part of asset restructuring – The Star Online

KUALA LUMPUR: The Federal Land Development Authoritys (Felda) is putting the Grand Plaza Serviced Apartments in London for sale as part of its initiatives to reorganise and restructure its assets in order to strengthen its financial position. Its chairman, Tan Sri Shahrir Abdul Samad, said the decision was made following Feldas decision to dispose off…