Tag: Corporate Restructuring
FedEx Announces Spin-Off of Freight Business
FedEx Announces Spin-Off of Freight BusinessFedEx, the global shipping giant, has recently made a groundbreaking announcement regarding a significant change in its business structure. The company has revealed plans to spin off its freight...
Starbucks to Cut 1,100 Corporate Jobs amid Sales Decline
Starbucks, the renowned coffee chain, made headlines on April 27, 2021, when CEO Brian Niccol announced the company's decision to cut 1,100 corporate jobs and leave several hundred other positions vacant. This move comes...