Solaris Assets, LLC and certain of its affiliates (collectively, “Solaris”), which are entities formed by an ad hoc group of debtor-in-possession (“DIP”) financing lenders and affiliates or entities ...

The investment banking company posted a profit of $224.0 million, or $1.01 a share, thanks to an improved market for mergers and acquisitions. The bank aims to reach a return on tangible equity of 13% ...

Companies signal mass layoffs mostly through Worker Adjustment and Retraining Notification alerts, or WARN notices.

The former CEO of Sunnova is now leading global solar services company Otovo. John Berger licensed the Otovo name earlier ...

Lacie Carroll-Marsh had to lay off 17 of her 31 employees this year: “We have Christmases together. And it hurts. There’s ...

Hundreds of employees are being laid off at multiple suburban Chicago companies in coming weeks, Illinois officials said.

The Department of Health and Human Services (HHS) has brought back everyone it laid off during the government shutdown, a top official told a California federal court Friday. The agency’s Office of ...

Verizon is laying off more than 13,000 employees across its company, CEO Dan Schulman told employees on Thursday, Nov. 20. In an internal memo obtained by USA TODAY, Schulman informed employees on Nov ...

Over 1,500 Illinois workers across multiple industries were affected by layoff and furlough announcements in October. Book distributor Baker and Taylor laid off 318 workers after closing its Momence ...

Autonomous electric tractor startup Monarch Tractor warned staff Thursday it may need to lay off more than 100 employees, or possibly even “shut down,” according to a company-wide memo obtained by ...

Verizon announced on Thursday that it is laying off more than 13,000 employees as the telecommunications giant seeks to “reorient” the company. The cuts were announced in a staff memo from Verizon CEO ...

The United Family, a Lubbock-based subsidiary of Albertsons that operates a chain of grocery stores around Texas, has responded after news broke that it will lay off more than 100 employees. The ...