Tag: restructuring
Depot announces $100 million savings plan
Office Depot in North America has announced a companywide restructuring plan that it is calling a ‘business acceleration programme’ as…
3M announces restructuring after slow start to 2019
3M has said it will cut 2,000 jobs worldwide after it reported “disappointing” first quarter results. The restructuring will involve…
Xerox announces restructuring
Embattled print and document management firm Xerox is to reorganise its corporate structure. In a regulatory filing, Xerox said its board…
GSA to overhaul federal acquisition schedules
The US General Services Administration (GSA) has this week announced a major restructuring of its Multiple Award Schedules (MAS) that…
Office Outlet confirms CVA
In an update to yesterday’s Office Outlet article, the retailer has now revealed more details on the restructuring of its…
Store closures for Office Outlet
UK-based retailer Office Outlet is planning to close stores as part of a company voluntary agreement (CVA). Office Outlet –…
Amazon Prime Day spending hits $4.2 billion | Turbon merges sales departments | Lexmark...
A lawsuit between 3D technology firms Desktop Metal and Markforged could have major implications for the industry. The two companies are battling over…
Analysis: Office Depot execs impress at analyst conference
Office Depot Inc CEO Gerry Smith and his new senior management team delivered a high-calibre series of presentations to the…
Cost-cutting lifts Vistaprint profits
Global printing firm Vistaprint is starting to feel the effects of company-wide restructuring.Q3 sales rose 11% on the same period…
Biella progresses with restructuring
Following its AGM on Tuesday, Switzerland-based manufacturer Biella updated investors on the progress of its restructuring programme.Widespread market over-capacity forced…
Solid Q1 for Kimberly-Clark Professional
Jan/san vendor Kimberly-Clark Professional (KCP) started the year with solid growth as its parent group embarks on a major restructuring…
Cost-cutting Biella announces closures
European office products manufacturer Biella is to close three of its sites.The production plant in Szydlowiec and the local sales…
Analysis: Cenveo – signed, sealed, delivered
Embattled envelope and print products manufacturer Cenveo filed for Chapter 11 bankruptcy protection in the District of New York at…
FY profits down for Grainger
Mounting costs weighed down FY results for US-based MRO supplier Grainger.For the 12 months ended 31 December, sales rose 3%…
Job cuts ahead for Lexmark
Lexmark is laying off 700 employees over the next year according to local press.The layoffs amount to around 7% of…
Kaut-Bullinger sheds more stores
Germany-based office products reseller Kaut-Bullinger has closed three more of its retail locations.Part of an ongoing restructuring process, the group…
ADVEO concludes staff cuts in Spain
European wholesaler ADVEO has concluded its workforce restructuring process in Spain.It has now settled an agreement with the works council…
More cuts ahead for Depot Ireland
Office Depot is to cut its Ireland operations right back as restructuring continues.A source close to the company told OPI that Office…
ADVEO holds supplier meeting
Pan-European office products wholesaler ADVEO met with more than 80 of its suppliers last week to present its new strategic…
ADVEO cuts more jobs
ADVEO is to cut yet more jobs from its operations in Spain, it announced today.As part of a reorganisation process…
Big read
HP confirms Xerox bid
Following a couple of days of intense speculation, HP Inc has issued a short statement confirming it has received a…