Volvo car profit unexpectedly rises on cost-cutting success
Volvo Car reported better-than-expected profit in the third quarter as the automaker benefited from the effects of its 18 billion-kronor (S$2.33 billion) cost-saving programme. Operating…
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costcutting
Trump administration rehires hundreds of laid-off employees sacked in Musk's cost-cutting blitz
Hundreds of federal employees who lost their jobs in Elon Musk's cost-cutting blitz are being asked to return to work. Source link
Kroger lays off 1,000 corporate workers in cost-cutting move
Kroger is laying off nearly 1,000 corporate employees as the grocery-store operator moves to trim costs and simplify its business following its failed deal with Albertsons. The company is…
Warner Bros. Kills ‘Wonder Woman’ Game, Shutters 3 Studios in Cost-Cutting Move
Warner Bros. Discovery is making cutbacks to try to get its games business back on track. Warner Bros. Games is pulling the plug on a “Wonder Woman” title, which had been in development…
Volkswagen boss hails cost-cutting deal but shares fall
Volkswagen is struggling with high costs and rising competition in China (Ronny HARTMANN) Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in…
Amazon reassures investors with cloud growth, cost-cutting
AMAZON.COM reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs and put the cloud computing and e-commerce giant…