Joining the latest wave of job cuts, the USA-based communication tech firm Cisco is planning to reduce its employee count to focus on growth areas. According to Reuters, the company is preparing for a business restructuring that will involve terminating thousands of employees. Cisco has not yet disclosed the exact number of employees who will…
DetailsBy Freddy Pawle For Daily Mail Australia and Nathan Schmidt For Nca Newswire Published: 14:23 AEDT, 12 February 2024 | Updated: 14:55 AEDT, 12 February 2024 A popular Aussie craft beer brand has collapsed after a decade in business due to increased costs and taxes. Hawkers Beer… Read the full article at: https://www.dailymail.co.uk/news/article-13072833/Hawkers-Beer-enters-voluntary-administration-Aussie-company-teeters-brink-collapse.html
DetailsA popular Australian beer company has entered voluntary administration after nearly 10 years in business. Hawkers Beer, an independent brewing company based in Reservoir in Melbournes northern suburbs, entered voluntary administration on February 12. The administrator was appointed to help facilitate a financial restructuring of the business. Watch the latest news and stream for free…
DetailsHawkers have today become the latest brewery to enter voluntary administration in a move that will come as a major surprise to many in the industry. Since launching in 2015, the Reservoir-based business has grown into one of the largest and most highly-regarded operations in the country, with sales of their own brands, including the…
DetailsOperator of the Peko iron ore and gold project in the Tennant Creek region of the Northern Territory, Elmore, has entered voluntary administration. Elmore has entered all eight of its subsidiaries into voluntary administration, prompting questions over whether the mine is to be saved or permanently closed. The announcement was made via a notice from…
DetailsIn today’s uncertain economic landscape, business leaders and entrepreneurs face unprecedented challenges that threaten their companies’ very existence. The legal construction of “Safe Harbour” emerges as a potential lifeline for companies teetering on the brink of financial instability by providing protection to Directors who are trading whilst insolvent to enable them to achieve a better…
DetailsThe consequences of bankruptcy can be devastating. Whether it was through a job loss, steep medical bills, mortgage debt, or a combination of factors filing for bankruptcy is often discouraged and viewed as a last resort. No one is immune to the possibility of going bankrupt, as seen in several high-profile cases involving celebrities like…
DetailsA music company which has denied claims of using artists music without permission is now facing the possibility of being ordered to go into liquidation. News.com.au previously revealed that Blue Pie Records, a multimedia company involved in music production, licensing, publishing and distribution headquartered in Moss Vale, in NSWs Southern Highlands, had left an unhappy…
DetailsWION Video Team | Updated: Feb 11, 2024, 10:50 AM IST The European Union could soon have less stringent fiscal rules in place, which may significantly help member countries that are dealing with rising debt levels. The preliminary deal struck by EU lawmakers will provide more time to member countries to fight rising debt levels. Many…
DetailsIndependent cinema chain Majestic Cinemas, which operates nine sites across northern NSW and south-east Queensland, has entered voluntary administration, citing reduced box office due to the impact of COVID-19 and the US strikes on production and release schedules, as well as rising costs and natural disasters, including floods and fires, in the region. The cinemas…
Details