Latest in Cost Cutting
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Savings targets could cost 10,000 civil service jobs
A government source tells the BBC the increasing size of the civil service cannot continue.BBC News - 12h -
Vestas to Cut Jobs at U.K. Factory
Vestas Wind Systems could cut hundreds of jobs at its Isle of Wight factory as it plans to repurpose the site to manufacture onshore turbine blades.The Wall Street Journal - 20h -
Rising costs will see disability services cut, leading charity warns
Mencap is one of a number of care organisations warning they will have to axe vital services.BBC News - 1d -
If Trump adds tariffs, 'either way, there is a cost to consumers,' economist says
President-elect Donald Trump's tariff plan is expected to raise costs, especially for low and middle earners, experts said. But the scope of tariffs is unclear.CNBC - 1d -
Thames Water is nearing a market-led solution — but at what cost?
Ministers and the regulator might be close to victory in this first round of chickenFinancial Times - 1d -
Designer Brands Cuts 2024 Outlook
Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.The Wall Street Journal - 1d -
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Micah Parsons left heartbroken by special teams blunder that cost Cowboys
The Cowboys went 36-15 in Micah Parsons' first three NFL seasons.Yahoo Sports - 2d -
Euston HS2 project costs rise to more than £7.5bn
Price of extending high-speed rail line into central London set out in confidential government documentsFinancial Times - 2d -
MicroStrategy shareholders continue to shoulder the cost of more bitcoin buys
The company has diluted shareholders to the tune of roughly $12 billion via share sales in recent weeks to stock up on bitcoin.MarketWatch - 2d -
Americans Grapple With Rising Health Insurance Costs and Longer Delays
After the killing of United Heathcare CEO Brian Thompson, everyday stories of struggles, problems, and unresponsive insurers multiply.Inc. - 2d -
Volkswagen Workers Begin Second Walk-Out as Cost-Cut Negotiations Continue
Volkswagen workers began striking for the second time this month as employee representatives and management enter a fourth round of talks over deep cost-cutting measures at the car maker.The Wall Street Journal - 2d -
Walmart Just Made a Game-Changing Announcement, and It Only Cost $2.3 Billion
With its acquisition of TV-maker Vizio, Walmart is making a bet on the future.Inc. - 4d -
Quarry developer asks council to pay appeal costs
A firm is hoping to claim money from the local council ahead of a planning decision on an airfield.Yahoo Sports - 5d -
Counting the cost of bowling alone
Malign neglect of social capital sowed the seeds of many of our largest problemsFinancial Times - 5d -
The Growing Cost of Making C.E.O.s Safe
The tragic killing of UnitedHealthCare’s Brian Thompson has spurred companies to ratchet up security for their most senior executives.The New York Times - 5d -
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Childcare bosses fear for future amid rising costs
Costs at one nursery are up 40% in recent years, and it faces an annual shortfall of over £30,000.BBC News - 6d -
What we know about Musk's cost-cutting mission
Elon Musk and Vivek Ramaswamy are on Capitol Hill to discuss their new advisory body. So what will it do?BBC News - 6d -
Conor McGregor ordered to pay Nikita Hand's legal costs
The MMA star was found liable in a civil case taken by Ms Hand who had accused him of raping her.BBC News - 6d -
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Frasers Group Tumbles After Guidance Cut
The U.K. sports-fashion retailer lost $540.4 million off its market value after it lowered expectations for its fiscal year, citing recent tough business conditions and weak consumer confidence.The Wall Street Journal - 6d -
Some bargain gifts on Temu come at the cost of quality
When NBC News tried out six products from the low-cost retailer that resembled name-brand counterparts, only half performed as expected.NBC News - 6d -
Marc Andreessen helps to recruit staff for Musk’s US cost-cutting body
Venture capitalist has role in interviewing and identifying candidates for new Department for Government EfficiencyFinancial Times - 6d -
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Chipotle Mexican Grill Ups Prices as Ingredients Costs Grow
Chipotle cites rising cost of items like beef and avocados for the inflated prices.Inc. - Dec. 4 -
Airbus cuts nearly 500 UK jobs to reduce costs
It has made the cuts mostly to its space division and says there are no "compulsory" losses planned.BBC News - Dec. 4 -
Chipotle Raises U.S. Prices by 2% to Offset Inflation Costs
The chain aims to balance higher costs for avocados, queso and sour cream while maintaining its appeal to inflation-weary consumers.The Wall Street Journal - Dec. 4 -
AWS now allows prompt caching with 90% cost reduction
AWS added Intelligent Prompt Routing and Prompt Caching to Bedrock in hopes of getting model usage prices down.VentureBeat - Dec. 4 -
Amazon HyperPod Task Governance keeps GPUs running, cutting costs 40%
HyperPod Task Governance can increase GPU utilization, helping enterprises to optimize AI costs and producing potentially significant savings.VentureBeat - Dec. 4 -
US trails developed democracies in healthcare costs for older adults
Report comparing 10 peer countries shows how holes in Medicare coverage lead to Americans skipping care. Older Americans spend more on healthcare than peers in 10 other developed democracies, a new ...The Guardian - Dec. 4 -
Victim-support cut to be devastating, charity says
The cut follows government promises of stronger protections for victims of crimes such as stalking.BBC News - Dec. 4 -
These parts of Trump's tax cut law expire in 2026
The 2017 Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to individual taxes to limit the bill’s expansionary effects on the ...The Hill - Dec. 4 -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - Dec. 3 -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
German job cuts darken mood of election campaign
Snap February poll comes as Europe’s largest economy faces its toughest challenges for decadesFinancial Times - Dec. 3 -
How Stellantis CEO's Cost-Cutting Mantra Cost Him His Job
Carlos Tavares’s abrupt exit from the Jeep maker came amid concerns over his renewed efficiency drive.The Wall Street Journal - Dec. 2