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FuelCell Energy targets 30% operating expense reduction and sharpens focus on carbonate platform amid restructuring

Jason B. Few, President and CEO, announced a restructuring plan intended to prioritize sales of the molten carbonate platform, stating that FuelCell Energy is “taking meaningful steps to rightsize our ...
Seeking Alpha

FuelCell Energy targets 30% annualized operating expense reduction while expanding Korean partnerships

Jason Few, President, CEO & Director, stated that the company is executing its third fiscal quarter with "meaningful revenue growth while focusing on expanding our sales pipeline and improving our ...
Insider Monkey

Geron Corporation (GERN) Restructuring to Lower Operating Expenses as it Eyes Profitability in 2026

Geron Corporation (NASDAQ:GERN) is one of the best multibagger penny stocks to buy right now. On December 11, the company announced a strategic restructuring plan to lower its operating expenses. It ...
U.S. News & World Report

Panasonic to Cut 10,000 Jobs, Expects $900 Million in Restructuring Costs

TOKYO (Reuters) - Panasonic Holdings said on Friday it will cut 10,000 staff and expects to book restructuring costs of 130 billion yen ($896.06 million) this business year as part of an overhaul of ...
Nasdaq

ZOOZ Power Board Approves Restructuring Plan to Enhance Strategic Opportunities and Reduce Costs

ZOOZ Power, a provider of flywheel-based energy management solutions for ultra-fast EV charging, has announced a restructuring plan to explore strategic alternatives to leverage its patented ...