Latest in Cuts Cnns Kaitlain
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Boeing to Repay Furloughed Staff and Cut 10 Percent of Jobs
Boeing furloughed thousands employees in the wake of the strike by 33,000 union machinists.Business - Inc. - 4 days ago -
Deutsche’s private bank fires over 100 bankers in cost-cutting drive
Frankfurt-headquartered lender has imposed demanding targets on underperforming unitBusiness - Financial Times - 3 days ago -
‘I’m switched off’: frustration and fatigue as power cuts keep Ecuador in the dark
Facing a severe drought and reliant on hydropower, the country is enduring relentless blackouts. But experts say opportunities have been missed to adapt and diversify. It’s 6.30pm in Quito, and ...World - The Guardian - 3 days ago -
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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 - 2 days ago -
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 - 3 days ago