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Google to restructure finance team ahead of AI push: Reports

CFO Dive

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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Citi cuts multiple CFO roles as part of broad restructuring

CFO Dive

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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Anglo American’s Big Restructuring Aims To Refocus Mining Giant 

Global Finance

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.

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Dentsply initiates CFO search following layoffs, restructuring

CFO Dive

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.

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Estee Lauder controller lands CFO seat amid restructuring

CFO Dive

Akhil Shrivastava, a nine-year company veteran, understands “the levers the company can pull to revive growth,” Morningstar analyst Dan Su writes.

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FASB update nixes separate accounting for troubled debt restructurings

CFO Dive

As an alternative to calculating TDR, creditors that have implemented current expected credit losses (CECL) standards are to disclose their restructurings for distressed borrowers.

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How finance leaders should communicate restructuring

Future CFO

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.