Your English writing platform
Discover LudwigExact(7)
Excluding business realignment costs and other one-time items, profit dipped to 33 cents a share, from 34 cents, beating analysts' expectations by a penny.
"This business realignment reflects Citi's recently announced global focus of allocating capital to the best opportunities for growth," the company said in a statement.
"In order to achieve the goals of our business realignment, we regret that some positions will necessarily be eliminated," Atchison said in a statement.
3Com 's third quarter 2000 earnings included a pretax gain of $680.4 million from investments and facilities, a $2.9 million pretax charge for purchased in-process technology and a $10.2 million pretax charge related to business realignment costs.
Russo admits that Lucent needs to make better progress in the corporate market and says its business realignment will help speed the delivery of products to its customers.
"Bert Nordberg has a strong track-record in the area of business realignment and was instrumental in the transformation of Ericsson in the years 2002-2003," saidberg sain in a statement.
Similar(53)
Business Unit Realignment: with the introduction of an open API, "CNET will move its services, catalog, content management system onto one platform, making content development, syndication and content import easier and more open".
With social news site Digg having other notable layoffs this week, it's crucial to remember that startups often shed staff when going through product and business goal realignments.
As numerous pundits have argued by now, this is based on a larger realignment of business and society in which business is replacing politics as a force for social change.
It's not clear if this is a sign of trouble or a realignment of business strategy, per Konga founder Sim Shagaya's Medium post.
It's not clear if this is a sign of trouble or a realignment of business strategy, per Konga founder Sim Shagaya's Medium post.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com