Latest in Slashes Co
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Delta Airlines flight attendant allegedly slashes co-worker in New Orleans
A Delta flight attendant slashed a co-worker and hotel security guard after a late night and early morning of heavy, “blacked out” drinking, officials said Wednesday.Top stories - NBC News - 9 hours ago -
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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 -
Steel Maker ThyssenKrupp to Slash 11,000 Jobs in Germany
The venerable steel producer, which has been struggling against high energy prices at home and growing competition from abroad, is the latest company in Europe to cut its work force.Business - The New York Times - 2 days ago -
Citigroup slashes promotions as it seeks to overhaul bank
As few as 2,000 employees could receive pay and title bumps in the next month, down from about 8,000 in previous roundsBusiness - Financial Times - Yesterday -
Musk’s Slashing of the Federal Budget Faces Big Hurdles
The so-called Department of Government Efficiency, with Elon Musk as co-leader, has advantages that past budget-cutters did not, but laws and court challenges can still make change slow and difficult.Top stories - The New York Times - 1 hour ago -
Home Depot co-founder Bernie Marcus dies
Bernie Marcus, the co-founder of Home Depot who became a billionaire philanthropist and GOP donor, has died at the age of 95.Politics - NBC News - November 5 -
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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 -
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 -
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 - November 18 -
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 - November 19 -
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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. - 5 days ago -
Thyssenkrupp to slash 40% of steel jobs in latest blow to German industry
Division to shed 11,000 roles amid oversupply in Europe and rise in cheap Asian importsBusiness - Financial Times - 2 days ago -
What Giuliani Is Losing: The Co-op. The Yankees Swag. The Convertible.
The trappings of Rudolph W. Giuliani’s New York life are slipping away to pay $148 million to two election workers who sued for defamation.Top stories - The New York Times - October 29 -
Kraken Lays Off 15% of Workers and Names Arjun Sethi New Co-CEO
The influential cryptocurrency exchange has undergone several reorganizations in recent years.Business - The New York Times - October 30 -
Two more Young Thug co-defendants accept plea deals
Two more people standing trial along with rapper Young Thug have pleaded guilty to reduced charges after reaching deals with prosecutorsEntertainment - ABC News - October 30 -
Law firm finds grooming claims against MrBeast co-host baseless
The YouTuber hired the firm to look into claims that a co-host had sent inappropriate messages to a minor.Top stories - BBC News - November 2 -
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OpenAI Hires Co-Founder of Social Platform Rival to X
Gabor Cselle, a serial entrepreneur, was a Twitter employee a decade ago. More recently he helped start Pebble, a safety-centric competitor to Elon Musk’s X. What’s OpenAI up to now?Business - Inc. - November 4 -
Bernie Marcus, Home Depot Co-Founder, Is Dead at 95
In 1978, he came up with the idea of a warehouse-style store that would appeal to the do-it-yourself homeowner. With a partner’s help, it became the world’s largest home-improvement retailer.Business - The New York Times - November 8 -
Bernard Marcus, Co-Founder of Home Depot, Dies at 95
His chain of warehouse-style stores used cavernous interiors and low prices to lure customers.World - The Wall Street Journal - November 5 -
Home Depot co-founder Bernie Marcus dies at 95
Home Depot co-founder Bernard "Bernie" Marcus helped launch the home improvement chain in 1978.Top stories - CBS News - November 5