{"id":851198,"date":"2024-09-03T08:50:44","date_gmt":"2024-09-03T03:20:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=851198"},"modified":"2024-09-03T09:16:42","modified_gmt":"2024-09-03T03:46:42","slug":"frances-atos-cuts-financial-targets-says-restructuring-still-on-track","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/03\/frances-atos-cuts-financial-targets-says-restructuring-still-on-track\/","title":{"rendered":"France&#8217;s Atos cuts financial targets, says restructuring still on track"},"content":{"rendered":"<p>French IT firm Atos on Monday said it would have less cash at hand over the next few years as sales are being dragged down by a weaker business environment, but added this would not impact the key terms of its financial restructuring plan. <\/p>\n<p>Atos &#8211; once seen as one of Europe&#8217;s champions in the software and technology sector &#8211; has been teetering on the brink of financial collapse in recent months, although it secured a crucial restructuring deal with banks and bondholders in June.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French IT firm Atos on Monday said it would have less cash at hand over the next few years as sales are being dragged down by a weaker business environment, but added this would not impact the key terms of its financial restructuring plan. Atos &#8211; once seen as one of Europe&#8217;s champions in the software and technology sector &#8211; has been teetering on the brink of financial collapse in recent months, although it secured a crucial restructuring deal with banks and bondholders in June.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-851198","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=851198"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/851198\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=851198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=851198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=851198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}