#corporate-restructuring
Nike extends turnaround timeline amid more layoffs, sales declines
The activewear giant released yet another operational reset, which will lead to job cuts in the new year, and flagged “significant work ahead.”
Nike adds B’luru jobs amid global cuts
Nike to open a Bengaluru campus, shifting India staff from FY2028, even as it plans global job cuts under its $2.5B “Pace” overhaul.
Read the memo: PwC US is planning big changes to its offshore structure in India
PwC is making changes to its offshore delivery center model. Artur Widak/NurPhoto via Getty Images PwC US is shaking up its offshore delivery center model in India. The US firm is planning a joint venture with PwC India, merging its offshore center with its I…
Read the memo: PwC US is planning big changes to its offshore structure in India
PwC US plans to form a new joint venture with PwC India, Paul Griggs told staff in a memo sent on Saturday.
In major escalation, Tata Trusts to review its representation on Tata Sons’ board
Tata Trusts, the majority owner of Tata Sons, will review its board representation at a May 8 meeting amid internal differences over the group’s future direction. The move could lead to an attempt to remove vice chairman Venu Srinivasan from the Tata Sons boa…