Sentence examples for a painful restructuring programme from inspiring English sources

In mid-December they announced a painful restructuring programme involving 3,600 job cuts in Britain and Germany and some €110m of cost cuts in the back office.In this section The politics of pay Double-booked Flying the flag Console wars Meandering giants In their own words.

Air France-KLM, which is undergoing a painful restructuring of its own, faces a difficult choice on Alitalia.

Rising fuel costs have forced a painful restructuring for airlines in recent years, helping to push many of them into bankruptcy and spurring consolidations across the sector.

The city declared bankruptcy last year and is about to undergo a painful restructuring which could see retirees' pensions and healthcare benefits slashed.

Some experts think the deal makes more sense for Dixons, which has just completed a painful restructuring and is looking for new avenues of growth.

Kanebo blamed union intransigence in the face of a painful restructuring for the failure of the deal.Aventis formally rejected a euro46 billion ($58 billion) hostile bid from a rival French group, Sanofi-Synthélabo.

Peugeot, which is undergoing a painful restructuring, on Wednesday reported a 2012 loss of €5 billion, inflated by the write-down of automotive assets, and said revenue fell 5.2 percent to €58.4 billion.

The only other way to secure an immediate reduction in the debt stock is to look again to private sector institutions, even though they hold just 18 percent of Greece's debt and have already gone through a painful restructuring.

But it had already gone through a painful restructuring and had refreshed its passenger car lineup.

But he allowed that Merck is going through a "painful" restructuring of its research divisions.

A deal would have been a bold move for troubled EMI, which is in the midst of a painful restructuring that included the ouster last month of two of its top executives.