E-commerce giant Flipkart is gearing up for a significant restructuring initiative as part of its strategy to streamline resources and sustain profitability, as reported by Times of India.

Flipkart plans performance-based layoffs, anticipating 5-7% workforce reduction in March, claims report

Barclays is reportedly contemplating a sweeping overhaul that could yield savings of up to £1 billion ($1.25 billion) to enhance profitability. According to Reuters, this initiative may involve shedding as many as 2,000 jobs, primarily in the bank's back office.

Barclays unveils ambitious $1.25 billion restructuring plan, contemplating 2,000 job cuts

Malaysia's AirAsia Group Bhd said it has reached a deal with Airbus SE to restructure an order for 362 narrowbody planes worth tens of billions of dollars, including switching 13 A320neos to the larger A321neo model.

Malaysia's AirAsia Group restructures its huge Airbus plane order

In an attempt to lower costs, about 8 per cent of the company's full-time jobs are being eliminated

Ralph Lauren to cut about 1,000 jobs and shut shops

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