restructure
restructure

Projections that coal utilization will decline faster than previously forecast have spurred Babcock & Wilcox Enterprises (B&W) to shed 200 jobs and restructure its traditional power business that serves coal-fired…

Siemens AG has completed a company reorganization to respond to the "persistently difficult environment" in the global power generation market. The global technology company, which had around 357,000 employees in…