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Tag: Restructuring

Sonos Announces ‘Restructuring’, Laying Off 200 Employees

February 5, 2025 Cirrkus
Sonos

Photo Credit: Jako Janse van Rensburg Sonos struggles abound as the company announces restructuring efforts, laying off around 200 employees in the second round of layoffs in six months. Sonos is still struggling to keep […]

Business, Music, Styleannounces, Employees, Latest, laying, n, next, People, photo, reddit, Report, Restructuring, Sonos, Style

iHeartMedia Restructuring $4.1 Billion in Outstanding Debt

November 7, 2024 Cirrkus
iHeartMedia restructuring debt

Photo Credit: Indra Projects iHeartMedia announces its Q3 financial results, with layoffs trimming $150 million in 2025 costs to curb outstanding debt. iHeartMedia’s third-quarter financial results spell positive news for the company amid the layoff […]

Business, Culture, Entertainment, Music, Stylebillion, Debt, Hot, iHeartMedia, Line, music, n, outstanding, photo, radio, Report, Restructuring, Style

UMG Opens $800 Million Bond Offering for Debt Restructuring

June 7, 2023 Cirrkus
UMG debt restructuring

Photo Credit: Ibrahim Boran Universal Music Group opens an $800 million bond offering for refinancing existing debt and paying transaction fees and expenses. Universal Music Group announced its plans to raise 750 million euros ($800 million) from […]

Business, Culture, Entertainment, Music, Stylebnp, Bond, Debt, euro, Million, music, Offering, Opens, photo, Restructuring, santander, Style, UMG

Layoffs Hit Motown Records Amidst Capitol Music Group Restructuring

February 18, 2023 Cirrkus
motown records

Photo Credit: Motown Records Layoffs begin at Motown Records as the label changes course to return to the fold of Capitol Music Group. Motown Records has had a rough year. After the exit of CEO […]

Business, Culture, Entertainment, Music, Style, TechnologyCapitol, culture, group, Hit, Latest, Layoffs, Microsoft, Motown, music, People, photo, POPULAR, Records, Restructuring, snap, Spotify, Style

Ralph Lauren Is ‘Back on Offense’ After Years of Restructuring – Business of Fashion

February 3, 2022February 21, 2022 Cirrkus
Ralph Lauren Is ‘Back on Offense’ After Years of Restructuring

Shared from Business of Fashion Ralph Lauren Corp. plans to build on strong revenue growth in the US to expand its fleet of stores, chief executive officer Patrice Louvet said, a sign that the company […]

Business, Fashion, Fashion StyleBusiness, Fashion, Lauren, Offense, Ralph, Restructuring, Years
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