My choice every day is have 5, 000 people lose their job or do this restructuring.
The group, under Paolo Fresco, the chairman, and its chief executive, Paolo Cantarella, has begun a restructuring involving job cuts of 3, 000 in Italy, where Fiat's problems are most severe, and where it faces a price war.
Consider why so many governments have tried to block foreign takeovers of big firms, says an EU adviser: in a crisis, governments think they can control domestic employers, making them postpone restructuring and job losses in return for help.
He believes companies are becoming more thoughtful about job-cutting, actively restructuring instead of just slashing the workforce across the board.
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This is a tough job, closely related to the restructuring of bank balance sheets.
The company said its restructuring plan will include job cuts and site consolidations.
An extraordinary parliamentary session will then be called for September, ostensibly to pass a bunch of job-creation and company-restructuring proposals that the Ministry of International Trade and Industry is beavering away on.
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The Tesco job losses are part of its distribution restructuring, which will operate from centres in Berkshire and London.
Expect some of his European counterparts to follow suit if and when GM comes up with a restructuring plan that evenly distributes job cuts more across Europe.
The firm also said its restructuring would lead to about 900 job losses.
The management came up with a new restructuring project, which involved 817 job cuts, but failed to secure court approval.
They found a clear difference between job cuts implemented as part of a strategic restructuring and those done to cut costs in response to stockmarket disappointment at falling profits.
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Earlier this week, Ford announced a major restructuring plan that includes 30, 000 job cuts, and 14 plant closings.
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The company also announced its restructuring plan which includes 27, 000 job cuts, or 8 percent of its workforce.
The job cuts were made after a staffing review which also involved restructuring people's roles.
Nearly 300 job could be lost after two Derbyshire employers confirmed they were looking at restructuring.
Published reports say that the company will soon announce a restructuring plan that could lead to as many as 25, 000 job cuts.
Adding up the net effect of job destruction and creation, Messrs Caballero and Hammour conclude that the pace of restructuring actually falls during a recession.
But the CLSA analyst says 11, 000 job cuts are just an initial tremor and that an earthquake or more radical restructuring needs to be happen before April 16.
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The Neil Report comes a day after BBC director general Mark Thompson announced a restructuring of the BBC's management in his first day in the job.
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The pace of job loss is slowing and encouraging labour hoarding will hold back America's inevitable economic restructuring.
Although the company stopped paying interest on its loans in 1997, it took the creditors almost three years to impose a restructuring plan, and another eight months to remove the former owner from the job of chief executive.
We need a restructuring of European debt, we need to see entitlement reform here in the U.S. and job creating incentives from policy makers.
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