GM records a $1.1 billion charge for restructuring its China joint venture amid broader EV investment cuts, reflecting market ...

Australia’s Westpac has announced a substantial pre-tax restructuring charge of A$273m ($177m) in the second half (H2) of the fiscal year 2025 (FY25). This restructuring charge relates to the targeted ...

GM's announcement comes after Ford said it would record similar writedowns following a broad resetting for the U.S. EV market ...

The impact was visible in net income and earnings per share, though Wipro excluded the charge from its IT services operating ...

The company expects to achieve $1.5 million in annualized savings by mid-2026 through restructuring. Management anticipates a onetime charge of approximately $250,000 in Q4 2025 and a reduction of the ...