costcutting

Technology

Sources: The Boring Company CEO Steve Davis has been in charge of Twitter's cost-cutting, including recent layoffs, amid talk that he will be Twitter's next CEO (Platformer)

[ad_1] Platformer: Sources: The Boring Company CEO Steve Davis has been in charge of Twitter’s cost-cutting, including recent layoffs, amid…

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Banking

I’m a Stanford professor who’s studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.

[ad_1] Industries like tech, media, and finance have slashed thousands of jobs in the past few months. Companies have cited…

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Business

Germany’s BASF to shed 2,600 jobs in cost-cutting drive

[ad_1] BERLIN – Chemicals maker BASF said Friday that it plans to cut around 2,600 jobs in a cost-cutting…

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Business

BASF outlines further cost-cutting and 2,600 job losses as it downsizes in Germany

[ad_1] BASF is to wind down several of its plants in Germany as the world’s largest chemical group by revenue…

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Dallas

Train that derailed in Ohio highlights cost-cutting strategy in rail industry

[ad_1] The train derailment in East Palestine, Ohio, that contaminated at least 15,000 pounds of soil and 1.1 million gallons…

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Politics

GOP senators point to Biden admin cost-cutting measures, ask Buttigieg for answers after Ohio train derailment

[ad_1] Sens. JD Vance, R-Ohio, and Marco Rubio, R-Fla., are looking for answers after a massive train derailment in Vance’s…

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Business

Walt Disney to axe 7,000 jobs in $5.5bn cost-cutting plan

[ad_1] Walt Disney chief executive Bob Iger announced plans to cut 7,000 jobs, about 3 per cent of the company’s…

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Business

Disney to lay off 7,000 workers in major cost-cutting restructure | CBC News

[ad_1] The Walt Disney Company on Wednesday announced a sweeping restructuring under recently reinstated boss Bob Iger, cutting 7,000 jobs as…

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Stock Market

Musk Says Cost-Cutting Averted $3 Billion Twitter Shortfall

[ad_1] (Bloomberg) — Elon Musk said Twitter Inc. was on course for $3 billion of negative cash flow before he…

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Technology

Twitter is reportedly failing to pay some suppliers amidst cost-cutting measures | Engadget

[ad_1] Elon Musk is refusing to pay hundreds of thousands of dollars in travel bills accumulated by Twitter employees before…

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