Tag: restructures

Planet PL lays off about 10%, company restructures

Planet PL lays off about 10%, company restructures

Traders work on the floor of the New York Stock Exchange (NYSE) on December 08, 2021 in New York City.Spencer Platt | Getty ImagesSatellite-imagery an [...]
Cardano Developer IOG Restructures to Venture Studio Model, Lays Off Some Staff

Cardano Developer IOG Restructures to Venture Studio Model, Lays Off Some Staff

The blockchain research and engineering company has cut jobs as it pivots to a smaller venture studio business model. www.coindesk.com [...]
Carvana offers first-quarter guidance, restructures debt

Carvana offers first-quarter guidance, restructures debt

A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois.Armando L. Sanchez | Tribune News Service | Getty ImagesShares of Carv [...]
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance

Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance

Crypto trading firm Auros Global, a victim of crypto exchange FTX’s bankruptcy, has reached a resolution to restructure its distressed debt on blockch [...]
Bitcoin Miner Stronghold Digital Restructures Remaining $55M of Debt

Bitcoin Miner Stronghold Digital Restructures Remaining $55M of Debt

Stronghold also signed a two-year deal with miner hosting company Foundry for 4,500 miners, totaling approximately 420 petahash/second in computing po [...]
New York Bitcoin Miner TeraWulf Restructures Debt

New York Bitcoin Miner TeraWulf Restructures Debt

Under the restructuring signed on Jan. 27, amortization of the term loan will be replaced with a free cash flow sweep mechanism through April 2024, ac [...]
Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt

Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt

In addition, Greenidge is actively pursuing a sale of excess real estate from its South Carolina mining facility. Any proceeds would go towards the no [...]
Another crypto CEO steps down as Genesis Trading restructures leadership

Another crypto CEO steps down as Genesis Trading restructures leadership

Michael Moro, CEO of Digital Currency Group’s market maker and lending subsidiary Genesis Trading, has become the latest executive to step down from a [...]
Ford cuts 580 U.S. salaried, agency workers as it restructures for EVs

Ford cuts 580 U.S. salaried, agency workers as it restructures for EVs

Ford CEO Jim Farley at the company's Dearborn, Michigan, plant where it's building the electric F-150 Lightning on April 26, 2022.CNBC | Michael Wayla [...]
Ford’s new CEO Jim Farley restructures operations and shakes up govt ranks

Ford’s new CEO Jim Farley restructures operations and shakes up govt ranks

Incoming Ford CEO Jim Farley (left) and Ford Government Chairman Invoice Ford Jr. pose with a 2021 F-150 throughout an occasion Sept. 17, 2020 on t [...]
American Airways restructures operations and business groups

American Airways restructures operations and business groups

Oct 10 (Reuters) - American Airways Group Inc AAL.O stated on Thursday it could restructure its ope [...]
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