Google to restructure finance team ahead of AI push: Reports
CFO Dive
APRIL 18, 2024
The restructuring is the latest round of layoffs by Alphabet as the company looks to funnel more than $100 billion into AI projects.
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CFO Dive
APRIL 18, 2024
The restructuring is the latest round of layoffs by Alphabet as the company looks to funnel more than $100 billion into AI projects.
CFO Dive
DECEMBER 7, 2023
The bank’s biggest restructuring in a decade is hitting group finance chiefs as Citi seeks to trim expenses over the next two years.
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CFO Dive
OCTOBER 17, 2024
The biotech will also be reducing its total workforce by approximately 33% and tapped its COO to take on responsibilities for finance as part of the restructuring.
Data Talks, CFOs Listen: Why Analytics Are Key To Better Spend Management
Doing More With Less: The Modern Finance Miracle
The Hidden Science Behind Why Finance Teams Resist Change—And How to Fix It
From Curiosity to Competitive Edge: How Mid-Market CEOs Are Using AI to Scale Smarter
Protect What Matters: Rethinking Finance Ops In A Digital World
CFO Dive
AUGUST 20, 2024
Glenn Coleman is leaving as the dental supply company struggles to regain its footing after a 2022 accounting probe uncovered ethical violations by ex-CFO Jorge Gomez.
Advertiser: GEP
What’s Inside: Impact of economic and geopolitical headwinds How supply chains are being restructured for resilience Adopting a hybrid approach to supply chain management
CFO Dive
JULY 24, 2024
Akhil Shrivastava, a nine-year company veteran, understands “the levers the company can pull to revive growth,” Morningstar analyst Dan Su writes.
CFO Dive
OCTOBER 23, 2024
Bob Baker brings more than three decades of restaurant industry experience to his new position, having held finance chief roles at Checkers & Rally, Benihana, Pieology Pizzeria, and Café Rio Mexican Grill.
CFO Dive
APRIL 24, 2023
In a memo to employees from CFO Christine McCarthy that was later leaked, she outlined plans for changes to the structure of the company’s financial team, according to a Business Insider report.
CFO Dive
APRIL 24, 2024
Tesla is leaning on AI, layoffs and new autonomous projects to help boost its future sales after a disappointing first quarter.
CFO Dive
APRIL 1, 2022
As an alternative to calculating TDR, creditors that have implemented current expected credit losses (CECL) standards are to disclose their restructurings for distressed borrowers.
CFO Dive
OCTOBER 22, 2024
The bank is simplifying its business into four spheres and has tapped its chief risk and compliance officer, Pam Kaur, to become its next finance chief.
CFO Dive
APRIL 23, 2023
Restructuring expert Holly Etlin, named Bed Bath & Beyond’s interim finance chief in February, stepped into the roles of CFO and chief restructuring officer Saturday.
Global Finance
AUGUST 16, 2024
The rattled corporation faces a rocky road through a wide-ranging restructuring, but some analysts see a more competitive company emerging. The decision, which was intended to help Anglo focus on its restructuring, swung the company from a net profit of $1.26 The restructuring itself is a complicated affair.
CFO Dive
JULY 25, 2024
Longtime company alum Jaime Martinez will step in as interim CFO as Flex looks to execute on a restructuring plan aimed at improving its operational efficiency.
CFO Dive
JANUARY 19, 2024
The move comes amid reports of a broader restructuring of the football club’s business operations, led by chief operating officer Wesley Walls.
CFO News
MAY 22, 2025
This decision is part of a restructuring effort. Walmart, a major US retailer, plans to reduce its workforce. The company will eliminate around 1,500 positions. The aim is to simplify operations. The cuts will affect technology, e-commerce fulfillment, and advertising teams. The company will also create new roles.
CFO Dive
MAY 11, 2023
Disney’s restructured content strategy comes as the company faces legal battles, a changing entertainment environment and the impact of AI.
CFO Dive
SEPTEMBER 4, 2024
Chief Financial Officer Matt Schroeder will take over the CEO post from restructuring officer Jeffrey Stein.
CFO Dive
JANUARY 10, 2024
Sonos has restructured and cut jobs as it navigates a broader slump in the U.S. consumer technology sector.
CFO Dive
JANUARY 5, 2024
The CVS Health executive is taking on the top finance seat as it looks to get back on track following a corporate restructuring, company-wide layoffs, and rising costs.
CFO Dive
JANUARY 11, 2023
Alcoa’s controller will move to its CFO seat among an executive restructuring plan designed to help the company focus more deeply on cost and innovation.
CFO Dive
JUNE 16, 2023
The 23-year company alum is stepping down among a pending shareholder lawsuit and efforts by the company to restructure following ongoing subscriber loss for its streaming business.
CFO Dive
APRIL 26, 2023
The seller of women’s handbags is planning to cut as many as two dozen jobs as part of a corporate restructuring initiative targeting $12 million in incremental cost reductions.
CFO Dive
JANUARY 20, 2023
The regional bank will aim for low-level expense growth and conduct some measure of organizational restructuring as it looks to position itself to weather a mild recession, CFO Zach Wesserman said.
CFO Dive
APRIL 19, 2024
The manufacturer’s CFO is stepping into the interim CEO seat after Jabil struggled with “revenue headwinds” amid an ongoing restructuring and cost realignment plan.
CFO News
APRIL 23, 2025
has appointed Girish Jethmalani as Chief Financial Officer, effective April 10, 2025, as part of a leadership restructuring. Tembo Global Industries Ltd. Jethmalani brings over 24 years of finance experience from companies like Bajaj Indef and Hercules Hoists.
CFO Dive
JANUARY 26, 2024
“Cloud is the big elephant in the room for SAP,” Forrester VP and Principal Analyst Liz Herbert said.
Global Finance
DECEMBER 26, 2024
This involved restructuring the former company, setting up the right platform, and securing the proper capital structure. Thryv was formed in a 2017 merger between Dex Media, a Yellow Pages publisher that restructured its debt in 2016, and YP Holdings, another Yellow Pages publisher. These tools are vital now.
Corporate Finance Lab
JULY 12, 2022
The independent think tank Conference on European Restructuring and Insolvency Law (CERIL) has published its latest Statement and Report 2022-2 on Cross-Border Effects in European Preventive Restructuring. Cross-Border Dimensions of Preventive Restructuring Proceedings. In January 2022, CERIL commenced a new project led by Prof.
CFO Talks
MAY 22, 2025
With more than two decades of experience in finance, including executive roles in mining, forestry, manufacturing, and investment, DShorne has become a respected voice in corporate transformation, cost restructuring, and public-private collaboration. FD at Oppenheimer JV: secured R45m tax benefits in group restructuring.
CFO Thought Leader
MAY 19, 2025
When COVIDs whiplash forced a $800million costcut and mass layoffs, those preparations helped to buffer liquidity and allowed the company to restructure rather than stall. She recounted rebuilding Pelotons reporting, navigating a ninefold pandemic demand spike, then executing an $800 million restructuring to stabilize cash.
Corporate Finance Lab
JULY 18, 2023
The long anticipated law of 7 June 2023 implementing the European Directive on restructuring and insolvency brings about a major reform of Belgian insolvency law. The new regime: shareholders no longer immune Under the new regime, shareholders are allocated to a class and can be affected by the restructuring plan.
Global Finance
MAY 16, 2025
“Now it needs to be used: whether by banking authorities for restructuring the sector, by the judiciary, or by the tax administration.” . “The banking secrecy bill is a tool,” comments Sibylle Rizk, director of public policies at Kulluna Irada, a Beirut-based think tank.
Future CFO
JANUARY 18, 2024
Communicating the rationale for restructuring can be sound simple, but is actually requiring more than just a mere meeting with the team. As a finance leader , it is important that topics such as restructuring is properly and effectively communicated to the people to ensure that the team is on the same page.
Global Finance
JANUARY 31, 2025
Managing Director of M&A advisory firm Crimson Phoenix, Yuuichiro Nakajima, attributes this to Japanese firms dual strategy: pursuing high-margin growth abroad through acquisitions and restructuring domestically to improve return on equity.
CFO Dive
MARCH 13, 2025
Cigna promoted Brian Evanko to chief operating officer and named a new CFO in his place, while Eric Palmer will be leaving the company as an apparent victim of the restructuring.
Future CFO
JANUARY 11, 2024
CFOs must lean on a systematic phased approach to restructuring strategies for the future to be able to plan correctly , and consequently execute and adapt. Phase 1 – The case for change In the initial phase, finance leaders must make a compelling case for change and communicate the strategic rationale behind the restructuring.
Global Finance
OCTOBER 10, 2024
The post Growth And Restructuring: Q&A With Mongolia’s Central Bank Governor Byadran Lkhagvasuren appeared first on Global Finance Magazine. This important document heightened the commitment of not only the BOM but of all relevant stakeholders in furthering the green finance cause.
CFO Dive
JUNE 21, 2022
As smaller fintechs grapple with restructuring challenges, the card company expects there will be more opportunities for it in hiring talent and acquiring businesses, said CFO John Greene.
CFO Dive
AUGUST 10, 2022
Alvarez & Marsal Managing Director Matt Kvarda will step in as interim CFO for beauty brand Revlon as it goes through corporate restructuring, with the consulting firm reaping a $165,000 monthly fee.
Nerd's Eye View
FEBRUARY 26, 2025
In cases where an original gift to a minor no longer aligns with the family's goals, parents may consider restructuring or redirecting the assets.
E78 Partners
NOVEMBER 27, 2024
They also play a pivotal role in steering businesses through periods of growth, restructuring, or financial uncertainty. Restructuring and Turnarounds: Interim CFOs are skilled at restructuring debt, improving cash flow, and streamlining operations, often helping companies emerge from financial struggles stronger than before.
PYMNTS
SEPTEMBER 14, 2020
Deloitte’s plans also come as it plans to look into selling its restructuring arm in spite of the surging demand for insolvency services. According to sources not named, executives believe the restructuring arm isn’t seen as a particularly lucrative venture. announced its plan to disentangle the groups’ various arms in July.
CFO News
MAY 19, 2025
Share transfers and restructurings could face stricter FDI rules. The goal is to monitor foreign-owned entities more closely. New rules may affect e-commerce and pharmaceutical companies. The government plans a new category for foreign-owned and controlled entities. These changes aim to prevent bypassing FDI policies.
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