(The other obstacles, however, remain formidable and include unreformed courts and land laws).Next, a commission will report on restructuring the huge and lumbering Indian Railways.
A report on restructuring public service by the World Bank suggests that Cyprus needs to overhaul civil service pay scales and the evaluation system so that fewer workers can be promoted.
Our new report -- Restructuring Citi to Serve the Public Interest -- provides some interesting answers to these fundamental questions.
Xerox, in the midst of a massive restructuring, reported a profit of 15 cents per share, excluding restructuring charges and foreign currency loss.
The company reported $454 million in restructuring charges, partly to account for severance payments, and as a result profits fell sharply.
Shares in educational publisher Pearson jumped after the company reported that a restructuring plan should deliver profits of £800m by 2018.
The Italian carmaker, which accumulated a majority stake in Chrysler following the American firm's government bail-out and restructuring, reported a trading profit in all regions except Europe, where the euro-zone crisis is hurting business.
Connie Loizos reported on the restructuring happening at SF-based startup FlightCar, the airport parking and rental car service that has raised $40 million, yet has seen about half of its employees depart from the company in recent months.
The restructuring, reported by Business Insider (paywalled), didn't result in any layoffs but did see some shifts of teams as the old Building 8 group rebranded to Portal and some projects moved to the former Oculus Research group (now, Facebook Reality Lab).
Last week, it was reported that AOL – amid restructuring efforts in the lead-up to the imminent Time Warner spin-off and IPO – was putting its instant messaging service unit ICQ on the block and had hired bankers Allen & Co. and Morgan Stanley to assist in the sales process.
