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Matthias Eckert 2023-04-03 08:54:00 +02:00
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- a wave of lay-offs
- Recap
- The **mid-sized** (an average size) company's **acquisition** (=takeover, obtaining) by a larger corporation **comes amid fears**  (=while theres worry) that it could lead to job losses and a decrease in competition within the industry.
- Despite facing **money laundering charges** (=legal accusations), the CEO of the company was **quick to praise** (=prompt to voice his approval) the efforts of the employees who had **secure financial stability** for the company (=enough money to go on operating).
- Despite facing **money laundering charges** (=legal accusations), the CEO of the company was **quick to praise** (=prompt to voice his approval) the efforts of the employees who had **secure financial stability / a lifeline** for the company (=enough money to go on operating).
- The **announcement** (=news, notice) of the new CEO's appointment **came after** (=followed) several months of uncertainty, but **shareholders** (=investors) are now confident that he will **restore the confidence** (=bring back confidence) of investors and customers alike.
- The **casualties** (=victims/loss) of the latest conflict in the region has sparked renewed calls for a peaceful resolution to the ongoing crisis.
- The company's management is fully focused on implementing measures to prevent future ………………. (=lacking funds) and ensure the long-term viability of the business.