restructuring plan
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Commerzbank Cutting 10,000 Jobs And Closing Hundreds Of Branches
Germany's Commerzbank plans to reduce branches to 450 from 790 and cut up to 10,000 jobs. Germany's Commerzbank plans to reduce branches to 450 from 790 and cut up to 10,000 jobs. -
Virgin Atlantic Files For Chapter 15 Bankruptcy In The U.S.
The airline, owned by billionaire Richard Branson, is currently in the process of finalizing its $1.5 billion rescue plan. The airline, owned by billionaire Richard Branson, is currently in the process of finalizing its $1.5 billion rescue plan. -
France Refuses To Let Renault Die
France warns Renault faces almost certain demise unless it receives a massive government bailout. France warns Renault faces almost certain demise unless it receives a massive government bailout.