Latest in Slash 5,500 Jobs
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German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technology
German auto technology supplier Bosch to cut 5,500 jobs, citing stagnant demand for cars and new technologyWorld - ABC News - Yesterday -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - November 7 -
The weirdest thing about stripping naked with 5,500 people? It didn’t feel weird at all | Monique Ross
I was braced to feel ashamed about my body while taking part in Spencer Tunick’s latest mass nude shoot in Brisbane – but the worst part was setting my alarm for 1.45am. Get our weekend culture ...World - The Guardian - October 27 -
EstéeLauder Shares Plunge 21% After It Slashes Dividend
The cosmetics giant withdrew its outlook for the current year after reporting another quarter of falling sales.Business - The Wall Street Journal - October 31 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7 -
Ramaswamy: 'We want to go in and slash and burn that bureaucracy'
Vivek Ramaswamy, who landed a role alongside tech billionaire Elon Musk in President-elect Trump’s incoming administration as heads of the new "Department of Government Efficiency" (DOGE), ...Politics - The Hill - November 14 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.Business - CNBC - October 30 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...Top stories - NBC News - October 30 -
Warren Buffett slashes Apple stake as he boosts cash to record high
Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the periodBusiness - Financial Times - November 2 -
Trump eyes Burgum as new ‘energy tsar’ to slash regulations
Role would have sweeping power over environmental agencies and rules in an attempt to boost fossil fuelsBusiness - Financial Times - November 8 -
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 -
Elon Musk handpicked by Trump to carry out slash-and-burn cuts plan
World’s richest man has been an enthusiastic cost-cutter – but he may find the public sector an entirely different beast. Donald Trump, president-elect of the US, announced on Tuesday that he has ...World - The Guardian - November 13 -
Republican Congress Could Mean Slashed Taxes and Heightened Deficits
Trump’s agenda could sink the U.S. government trillions of dollars further into debt.Business - Inc. - November 13 -
Vivek Ramaswamy Returns to Push His Plans to Slash the Government
The wealthy entrepreneur, tapped by Donald Trump to co-lead an outside effort focused on “efficiency,” campaigned on an assertion that the president has the power to fire 75 percent of the federal ...Top stories - The New York Times - November 15 -
How Musk’s Department of Government Efficiency May Try to Slash Federal Spending
President-elect Donald J. Trump has tasked Elon Musk and Vivek Ramaswamy with identifying ways to cut the budget. The hard part comes next.Top stories - The New York Times - November 16 -
How Elon Musk’s and Vivek Ramaswamy’s Government-Slashing Spree Could Backfire
If they’re not careful, they could make the government’s efficiency problems worse.Top stories - The New York Times - 5 days ago -
Cop29 live: Slashing methane emissions is ‘our emergency brake’, UN says
Cop29 presidency announces new drive to cut methane emissions from waste dumps as G20 reaffirms transition from fossil fuels. The UK government has conceded that Australia was mistakenly included ...World - The Guardian - 4 days ago -
How Quickly Can Trump’s Musk-Led DOGE Panel Slash Regulations?
Musk and Ramaswamy have a broad general mandate from the president-elect, but their planned massive cuts may be hard to implement.Business - Inc. - Yesterday -
Trek Slash+ 9.7 SLX/XT Electric Mountain Bike Review: Oh So Quiet
Trek's newest enduro e-MTB is the most natural-feeling electric mountain bike you may ever ride.Tech - Wired - October 25 -
Eli Lilly stock tumbles after drug giant misses estimates and slashes profit guidance
Skyrocketing demand for weight loss and diabetes drugs has forced Eli Lilly and Novo Nordisk, to invest billions to increase manufacturing capacity.Business - CNBC - October 30 -
Dodge maker Stellantis posts 27% drop in revenues, flags progress in slashing U.S. inventories
Auto giant Stellantis on Thursday reported a 27% decline in third-quarter revenues, but said it was making headway in addressing operational issues like U.S. inventories.Business - CNBC - October 31 -
Steve Madden to slash China sourcing by as much as 45% as Trump's tariff plan looms
Retailers and brands have already made a push to diversify sourcing because of tariff risks and supply chain disruptions.Business - CNBC - November 7 -
How the FedEx-UPS Price War Could Slash Year-End Costs for Small Businesses
Falling parcel volumes and fewer year-end shopping days, this year have led the two transporters to extend big price reductions to small business owners.Business - Inc. - November 8 -
Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions
A Dutch court on Tuesday dismissed a landmark climate ruling against Shell, after the oil giant was ordered to sharply reduce its emissions back in 2021.Business - CNBC - November 12 -
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for EU users to comply with regulatory demands in the region.Business - CNBC - November 12 -
How Elon Musk’s plan to slash government agencies and regulation may benefit his empire
Donald Trump has said the Department of Government Efficiency would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.Business - CNBC - Yesterday -
The bad jobs report, in context
And oil looks set to stay cheapWorld - Financial Times - November 4 -
Is the US jobs market still booming?
Market Questions is the FT’s guide to the week aheadWorld - Financial Times - October 27 -
Homebase collapses into administration with 2,000 jobs at risk
Homebase enters administration, but The Range buys up to 70 stores and the brand.Top stories - BBC News - November 13 -
Matt Gaetz Is the Perfect Man for the Job
Trump’s choice to lead the Justice Department is a flagrant provocation that is, like a pulpy B movie, so bad it’s good.Top stories - The New York Times - November 15