CAE posts $110.6M loss, announces major restructuring
Montreal's CAE Inc. reports a $110.6 million quarterly loss and unveils a $100 million restructuring plan focused on streamlining operations and leadership under new CEO.
Category : Search result: CAE restructuring
Calian Group to Sell Assets After Shareholder Deal
Calian Group announces strategic changes including divesting non-core assets after reaching agreement with key shareholder. Learn how this restructuring will impact Canada's defense and tech sectors.
Canada Post Submits Overhaul Plan to Government
Canada Post has submitted a comprehensive restructuring plan to the federal government to address financial challenges and modernize postal services across the country.
Bank of Canada Job Cuts Under Carney Revealed
Exclusive look at how Mark Carney's Bank of Canada implemented major workforce reductions while managing economic stability. Discover the untold story behind the central bank's restructuring during a critical economic period.
American Airlines Cuts Management at Texas HQ
American Airlines is eliminating hundreds of management positions at its Fort Worth headquarters as part of a sweeping corporate restructuring plan aimed at streamlining operations and reducing costs.
Selkirk Removed from Manitoba Capital Planning Region
The Manitoba government has removed Selkirk from the Capital Planning Region in a significant municipal restructuring move that reshapes regional governance in the Interlake.
Corus Entertainment Announces Debt-for-Equity Recapitalization
Canadian media giant Corus Entertainment announces groundbreaking recapitalization strategy, converting substantial debt into shares while securing new financing to navigate evolving broadcast landscape.
Laurentian University Sells Historic Bell Mansion
Laurentian University has successfully completed the sale of the historic Bell Mansion, marking a significant step in the institution's financial recovery journey. The heritage property in Sudbury has been acquired by a local entrepreneur.
Imperial Oil sells Calgary HQ, cuts hundreds of jobs
Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.
Air Canada & CAE Launch 7th Women's Aviation Scholarship
Aspiring female pilots can now apply for the prestigious Air Canada and CAE scholarship program, offering financial support and mentorship opportunities to help women take flight in aviation careers.
Canadian Layoffs Mount Across Major Industries
Wave of layoffs sweeps Canadian job market as Bell, Rogers, Loblaw and other corporate giants cut positions, creating widespread worker anxiety and economic uncertainty.
Paramount Cuts 2,000 Jobs After Skydance Merger
In a dramatic restructuring move, Paramount Global reveals plans to eliminate approximately 2,000 positions as the entertainment giant integrates with Skydance Media, signaling major changes in Canada's media landscape.
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