It’s a good view from the top — the only problem is, once you get there, the only way to go is down.
Many of the world’s biggest corporations have recently learned that the hard way, especially since the late-2000s recession, and while their losses are all relative and some declines significantly more major than others, it’s still important to recognize just how fleeting success can be.
One minute you’re the world’s largest smartphone maker, and the next, you’re cash-strapped and desperately looking for a buyout. Ring any bells? Unfortunately, it’s a trend that has been experienced by many, and now we’re highlighting five major companies that have navigated such corporate turmoil as of late.