#restructuring

#restructuring

ChargePoint has rebounded over 40% in the past month, largely due to retail flows, but remains down 27% year-to-date, reflecting a loss of investor trust.

Significantly, Atos has carved out its Vision AI activities from the original deal scope, retaining these higher-margin operations within Eviden. Management noted that Vision AI contributes over one-third of its operating margin, suggesting the strategic decision to preserve value-accretive assets while divesting more capital-intensive High-Performance Computing (HPC) and quantum computing operations.

Allison Greene, the chief executive of Peace Corps, stated that significant restructuring efforts are expected following the Department of Government Efficiency's assessment of the agency.

We have a portfolio that is very large, lots of loans, tens of thousands of loans, pretty complicated deal. They're all set for it. They're waiting for it. The Trump administration asserts this will support their economic agenda despite staffing cuts and potential chaos in handling student loans.

Some roles protected by statute will be relocated, following eliminations in key offices, leading to about 10% of FHFA's workforce facing layoffs.

The sale of the business unit follows divestments to Norsk Hydro and Volvo Cars as the group seeks to offload projects and divisions to cut costs and focus on its battery plant in northern Sweden.