The American Bazaar

GitLab to cut 14% of global workforce, plans exit from 22 countries

Software development firm GitLab said it expects around 14% of its global workforce will be impacted as part of its ...
Nasdaq

Gulfport Enters Into Restructuring Support Agreement for Pre-Arranged Plan of Reorganization to Reduce Debt by Approximately $1.25 Billion and Significantly Improve its Cost ...

Commences Voluntary Chapter 11 Process to Implement Financial RestructuringObtains Commitment for $105 Million in New Money Debtor-In-Possession Financing to Support Continued Ordinary Course ...

GitLab announces 14% reduction in global workforce; expects to exit 22 countries

The company expects to exit 22 countries to reduce its team member geographic footprint by about 37%, it said in a filing on Tuesday, adding that it would incur nearly $30 million to $35 million in ...
Business Wire

Altegrity Implements Pre-Negotiated Financial Restructuring Plan by Commencing Voluntary Chapter 11 Reorganizaton

NEW YORK--(BUSINESS WIRE)--Altegrity, Inc. (“Altegrity” and, with certain of its affiliates, the “Company”) today announced that it is implementing its previously disclosed restructuring support ...
Nasdaq

Denbury Resources Enters into Restructuring Support Agreement for Pre-packaged Plan to Strengthen Its Balance Sheet and Reduce Debt by $2.1 Billion

PLANO, Texas, July 29, 2020 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced that it has entered into a Restructuring Support Agreement (the “RSA”) ...
Business Wire

Charter Communications Commences Previously Announced Pre-Arranged Financial Restructuring

ST. LOUIS--(BUSINESS WIRE)--Charter Communications, Inc. (NASDAQ: CHTR) and its subsidiaries (“Charter” or the “Company”) today commenced the next phase of its previously announced financial ...
Business Insider

Belk Successfully Completes Pre-Packaged, One-Day Financial Restructuring with Backing of Majority Owner Sycamore Partners and Lenders Including KKR Credit and Blackstone Credit

CHARLOTTE, N.C., Feb. 24, 2021 /PRNewswire/ -- Belk today announced that it has successfully completed its financial restructuring, finalizing an expedited pre-packaged, one-day reorganization, and ...
WBJournal

Opinion 1

Electricity industry restructuring has saved the region’s consumers billions of dollars compared to pre-restructuring trends and is better protecting the environment. But the development of new ...