There is still a lot of work to do beyond the Ford agreement. The scale of restructuring in the industry is just enormous. It is going to take time, take some aggressive actions, and it is going to be expensive.
Quotes about restructuring (16 Quotes)
The company's efforts to improve productivity and much more aggressively manage their asset base is really starting to become more evident, ... We see this certainly from the standpoint of the company being well ahead of schedule for its restructuring.
Being able to reach a global, consensual agreement with the creditor's committee prior to confirmation is the goal in any restructuring and is an enormous accomplishment.
It's disappointing. We had expected more action in terms of restructuring, such as outsourcing parts production or job cuts.
We have always said that this is part of our future and why we are restructuring and trying to lower our costs. And with this, we remain in compliance with our agreements and requirements of our agreement with Delta.
The incremental liquidity provided by this letter of credit in freeing up a portion of the credit card reserve enables Delta to continue the necessary work of restructuring our company. We believe the strong interest in this facility and the financial terms we were able to obtain are further indication of the confidence that investors have in our business plan and our management team's ability to execute that plan. Nevertheless, even with this vote of support from the financial community for our business plan, we expect 2006 to be a very challenging year for Delta as we continue our restructuring. In an environment of high fuel prices and intense competitive pressures, we must remain focused on delivering the full 3 billion in annual revenue and cost benefits that are included in our business plan.
In the past 20 years and more since China embarked on the road of reform and opening up, we have moved steadfastly to promote political restructuring and vigorously build democratic politics under socialism.
The Redskins have done an excellent job of restructuring a number of contracts in anticipation of a deal (on the agreement) not being consummated.
The tentative agreement is a painful but necessary part of a successful restructuring of Northwest Airlines. If all of us can distance ourselves from these recent labor struggles and focus on ensuring the future success of Northwest we can begin looking forward to our emergence from bankruptcy as a proud and profitable airline.
Let's form proactive synergy restructuring teams.
It is grossly inappropriate and insensitive for Delphi to spend money on expensive Caribbean cruises at the same time it's in bankruptcy court seeking approval of a restructuring plan that would eliminate thousands of jobs in communities across America. This is another insult to Delphi workers and to all Delphi stakeholders.
It's going to speed up the reformation and the restructuring in the industry. Those who make the right decisions in those areas are going to be the survivors. Adapt or perish.
The medium, or process, of our time - electric technology is reshaping and restructuring patterns of social interdependence and every aspect of our personal life. It is forcing us to reconsider and re-evaluate practically every thought, every action,
Productivity is going to be a critical issue. And it's not just about getting more time for professors in the classroom. It involves reexamining the learning experience and restructuring faculty and the use of faculty time.
The action is the most efficient way to conclude Iridium's restructuring negotiations, ... We are confident that Iridium will emerge from this process as a stronger and more vibrant company in the telecommunications marketplace.
Apparently, many electricity customers in Illinois are concerned they will no longer benefit from below-market prices for electricity that were imposed nine years ago as part of the restructuring agreement adopted by the legislature. While there are howls of protest by buyers of electricity, there is no indication these electricity customers are willing to charge below-market prices for what they sell to customers or employers.