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restructure


B&W to Restructure Power Business, Cites Dismal Coal Projections

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 Restructures to Bolster Troubled Power and Gas Division

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…