Latest in Google employees pressure costumed execs at all hands meeting for clarity on cost cuts
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Google employees pressure costumed execs at all-hands meeting for clarity on cost cuts
Following comments on Google's earnings call about continuing cuts, employees wanted answers at the company's latest all-hands meeting.Business - CNBC - November 1 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
GM lays off 1,000 employees amid reorganization, cost-cutting
The layoffs, which were announced Friday morning via email to those impacted, were across the business.Business - CNBC - 6 days ago -
GM lays off 1,000 employees amid reorganization and cost-cutting
General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the ...Top stories - NBC News - 6 days ago -
Google's new CFO makes earnings call debut, says company can 'push a little further' on cost cuts
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.Business - CNBC - October 30 -
All Those Zoom AI Note-Taking Apps Have Gotten Out of Hand and Are Ruining Meetings
Technology is making it easier to skip meeting. That’s not necessarily a good thing for anyone.Business - Inc. - October 28 -
Google curbs politics discussion among employees on U.S. Election Day
During Election Day, employees tried flooding popular internal message board with election-related memes despite warnings by company executives.Business - CNBC - November 6 -
OpenAI’s Altman Latest Tech Exec to Lend a Hand to New San Francisco Mayor
The AI leader joins the transition team for Mayor-elect Daniel Lurie, an heir to the Levi Strauss fortune and a political neophyte.Business - Inc. - 2 days ago -
The couple who took on Google and cost the tech giant £2bn
Shivaun Raff and her husband, Adam, describe their long court battle with technology giant Google.Top stories - BBC News - October 26 -
Matt Gaetz feels the heat
The would-be attorney general is facing new pressure this week from his accusers and from Senate Democrats.Politics - Politico - 3 days ago -
Fed Expected to Cut Rates Carefully Amid Inflation Pressures
Inflation is nearing the Fed’s 2 percent goal, but rate cuts will be cautious.Business - Inc. - November 14 -
How Trump, Harris propose cutting healthcare costs
The economy and healthcare are two of the top concerns for voters in this election cycle, and both tickets have promised to lower healthcare costs. When she introduced her economic agenda earlier ...Politics - The Hill - October 25 -
Volkswagen in Drive to Cut Costs as Earnings Plunge
The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.Business - The Wall Street Journal - October 30 -
Why mortgage costs are rising despite interest rate cut
Lenders have been raising the cost of fixed-rate deals creating a headache for buyers and those remortgaging.Top stories - BBC News - 6 days ago -
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Fed cuts interest rates as Powell says he will not resign as chair
US central bank lowers target range by a quarter point to 4.5%-4.75%World - Financial Times - November 7 -
Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.Business - The New York Times - October 24 -
Pressure on Lopetegui and Steidten as West Ham count cost of botched revamp | Jacob Steinberg
There is plenty of blame to go around in east London as summer signings struggle in a team that lacks identity. Dysfunction at West Ham is nothing new. The frustration, though, is that bringing in ...World - The Guardian - October 25 -
All his players say it: 'John Robinson was hands down my all-time favorite head coach'
No matter where John Robinson coached, most known for his stints with USC and the Rams, his players gushed about their connection with the man.Sports - Yahoo Sports - November 12 -
Volkswagen Could Close 3 Plants in Germany to Cut Costs
The auto maker’s top employee representative told workers that management planned to shutter factories for the first time in the company’s 87-year history.World - The New York Times - October 28 -
For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.Top stories - The New York Times - October 28 -
Spirit Airlines furloughs more pilots as part of efforts to cut costs
Spirit Airlines Inc. on Wednesday said it would furlough around 330 pilots early next year, the latest money-saving effort by the struggling discount carrier to stay afloat as it wrangles with ...Business - MarketWatch - October 31 -
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BT says UK Budget will lift costs by £100mn as it lowers revenue guidance
Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’World - Financial Times - November 7 -
Rivian Reassures Investors With Cost Cuts, Green Credit Sales
Despite weak EV demand, the truck maker said it’s on track to make a gross profit in the last three months of the year.Business - Inc. - November 8 -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - November 11 -
23andMe to slash 40% of its workforce, end therapeutics program to cut costs
DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.Business - MarketWatch - November 12 -
Chris Wallace exits CNN as post-election cost-cutting begins
Wallace moved from Fox News to CNN in late 2021 to be a host on its short-lived streaming service. He hosts "Who's Talking to Chris Wallace?"Entertainment - Los Angeles Times - November 12 -
Companies rush to US bond market as Trump rally cuts borrowing costs
Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this weekBusiness - Financial Times - 6 days ago -
How Elon Musk Cuts Costs at Tesla, SpaceX and X
Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. ...Business - The New York Times - 5 days ago -
Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.Business - The Wall Street Journal - Yesterday -
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House Ethics Committee to meet Wednesday amid growing pressure to release Gaetz report
President-elect Donald Trump announced he selected former Florida Rep. Matt Gaetz to serve as attorney general.Top stories - CBS News - 3 days ago -
House Ethics Committee meeting amid pressure over Gaetz report, Trump standing by his AG pick
The House Ethics Committee will meet Wednesday and potentially vote on whether to release its findings on Matt Gaetz, President-elect Donald Trump's pick for attorney general who's been embroiled ...Top stories - CBS News - Yesterday
