MarketPulse

employee layoffs

4 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Robbins Llp

Globant Faces Class Action After Latin America Strategy Unravels

Robbins LLP sues $GLOB for misleading investors about Latin American business. Stock plunged 15% after company disclosed declining demand, wage freezes, and $47.6M restructuring charge.
GLOBsecurities fraudclass action lawsuit
GlobeNewswire Inc.GlobeNewswire Inc.··Portnoy Law Firm

Globant Faces Class Action Over Latin America Strategy Misrepresentation

Portnoy Law Firm sues Globant on behalf of investors over alleged misrepresentation of Latin American pivot, citing hidden operational failures and workforce cuts.
GLOBsecurities fraudclass action lawsuit
BenzingaBenzinga··Electrolux Group

Electrolux to Shutter Hungarian Plant, Cutting 600 Jobs by End of 2026

Electrolux to close Hungarian plant by end of 2026, cutting 600 jobs and recording SEK 0.6 billion restructuring charge to optimize costs.
ELUXYrestructuringcost optimization
GlobeNewswire Inc.GlobeNewswire Inc.··Na

Norsk Hydro Closes French Extrusions Plant, Deepens European Restructuring

Norsk Hydro to close French extrusions plant affecting 80 workers by 2026, part of six-plant European restructuring with estimated 260 million kroner costs.
NHYDYrestructuringEurope