Etiket: restructuring
Restructuring at Lion Électrique | Fitzgibbon wants a federal subsidy program for the purchase of electric buses
(Quebec) The financial situation of Quebec manufacturer Lion Électrique is disappointing, deplored the Minister of the Economy Pierre Fitzgibbon, who hopes that Ottawa will quickly announce a subsidy program for…
Lion Électrique eliminates 120 jobs as part of restructuring
The Quebec manufacturer of medium-heavy and heavy-duty electric urban vehicles Lion Électrique announced Thursday that it will cut 120 jobs as part of a restructuring aimed at “further rationalizing its…
Lightspeed eliminates 280 jobs as part of restructuring
Lightspeed Commerce announced Wednesday that it is cutting 280 jobs as part of a restructuring, at a time when it is struggling financially in a tough economic environment for its…
Restructuring plan | Cisco will cut several thousand jobs
(San Francisco) Californian technology giant Cisco announced Wednesday that it would cut several thousand positions as part of a restructuring plan. Posted at 9:47 p.m. Some 5% of the firm’s…
Casino group employees call for general mobilization in the face of the group’s restructuring
Welcome Eco / Consumption Strike A first major day of mobilization is set for Tuesday, December 5. Published on 01/12/2023 17:42 Reading time: 1 min The logo of the Casino…
Restructuring at TVA | “The regions are like we are second class people”
A disaster “. A blow “. “Terrible news”. TVA’s regional news rooms are struggling to absorb the shock of the announcement of 98 job cuts. From Sherbrooke to Trois-Rivières via…
The Chiefs and Patrick Mahomes have reportedly agreed to a contract restructuring
(Kansas City) The Kansas City Chiefs and reigning NFL MVP Patrick Mahomes have reportedly restructured their 10-year, $450 million deal, which would significantly increase his salary over the next four…
Restructuring | Metroland ends its print editions of community newspapers
(Toronto) Metroland Media Group has announced plans to end the print editions of its community newspapers and get out of the flyer business, as it seeks protection under the Bankruptcy…
More than 130 workers in the cannabis industry in Mirabel victims of a restructuring of Canopy Growth
The end of the business marriage between Canopy Growth and Serres Stéphane Bertrand in Mirabel has resulted in the layoff of just over 130 people, confirmed to the Log the…
F1 | Restructuring at McLaren, departure of the technical director
(Paris) In difficulty since the start of the season, the British Formula 1 team McLaren announced Thursday a major restructuring with in particular the departure of its executive technical director…
The Caisse does not wish to invest in the Selection Group currently undergoing financial restructuring
The real estate arm of the Caisse de dépôt et placement du Québec (CDPQ) closes the door to any possibility of investing in one or other of Groupe Sélection’s seniors’…
Judicial restructuring | Selection Group assets at auction
The judicial restructuring of Groupe Sélection takes a new turn: the person in charge of the process requests the green light to auction the assets of the real estate developer…
Restructuring at Quebecor | Job cuts would affect non-union members more
(Montreal) The cuts announced last week by Groupe TVA have begun to take shape. According to the Canadian Union of Public Employees, they would mainly affect executives and non-unionized workers.…
Restructuring at Quebecor | End of the game for TVA Sports?
The day after the announcement of the elimination of 240 positions at Quebecor, including 140 at Groupe TVA, the big boss Pierre Karl Péladeau taps his foot with regard to…
Restructuring at the STM | Three executive directors sacked, payroll reduced by 8%
The Société de transport de Montréal (STM) is announcing an “organizational” restructuring resulting in the dismissal of three executive directors and the modification of the position of another. These changes…
Restructuring of business tourism in the Outaouais
This text is part of the special Business Tourism booklet The Outaouais region offers many attractions, not only for leisure tourism, but also for business tourism. For the latter, the…
Laurentian University | Ontario Superior Court Approves Restructuring Plan
(Greater Sudbury) The Ontario Superior Court on Wednesday approved the restructuring plan presented by Laurentian University as the Sudbury institution seeks to emerge from court protection from its creditors. Posted…
The Constellium foundry in Ussel put up for sale due to a restructuring of the company
The Constellium company based in Ussel (Corrèze) is going to be sold. The 270 employees learned this during a social and economic committee (CSE), Thursday, September 22. A decision that…
Creditor approval allows the institution to approach the end of the restructuring process.
A majority of Laurentian University’s (UL) creditors on Wednesday approved a plan of arrangement that allows the institution to near the end of the restructuring process under the Companies Creditors…
A contract restructuring for “Jimmy G”
The San Francisco 49ers and quarterback Jimmy Garoppolo have agreed to restructure the athlete’s contract. • Read also: Good news for Brian Robinson Jr. This is what the ESPN network…