process used by companies to reduce their costs and increase their profits
On this episode of the Elon, Inc. podcast,we discuss Tesla's biggest layoffs to date and why Elon Musk's rationale may be more than just about cost reduction ... Show more
The Most Important Earnings of Elon's Life? - Elon, Inc. - Omny.fm
The Most Important Earnings of Elon's Life? - Elon, Inc. - Omny.fm
Exclusive: US defense contractor L3Harris to cut 5% of workforce to save costs, email shows
reuters.com/business/aerospace-defense/us-defense-contractor-l3harris-cut-5-workforce-save-costs-email-shows-2024-04-23/
Tesla stock price extends 2024 decline amid big 10% job layoffs: Often when a company announces job cuts, its stock price jumps as investors applaud cost-saving ...
markets.businessinsider.com/news/stocks/tesla-stock-price-layoffs-elon-musk-memo-weakening-ev-demand-2024-4
TVNZ staff set to hear final decisions on job cuts: Meanwhile, a decision on alternatives to the proposal to close Newshub in June is being kept under wraps by ...
rnz.co.nz/news/national/513791/tvnz-staff-set-to-hear-final-decisions-on-job-cuts
Torfaen council's reusable nappy library for cost reduction: A nappy library has been launched in Torfaen to help families keep their costs down and help reduce ...
southwalesargus.co.uk/news/24277805.torfaen-councils-reusable-nappy-library-cost-reduction/
$TSLA | Tesla Says 'We recently undertook a cost-cutting exercise to increase operational efficiency. We also remain committed to company-wide cost reduction ... Show more
Take-Two Cancels Multiple Games in the Wake of Layoffs: Take-Two's cost reduction plan has resulted in layoffs and project cancelations.
comicbook.com/gaming/news/take-two-cancels-multiple-games-admidst-layoffs/
Quick Glance: 'GTA 6' Publisher Makes Layoffs and Cancels Projects
- Publisher Take-Two Interactive, known for Grand Theft Auto IV, plans to lay off five percent of its workforce by the end of the year and cancel various projects currently in development.
- These decisions were disclosed in a filing with the Securities and Exchange Commission on Tuesday, outlining briefly Take-Two's 'cost reduction program.' The company anticipates the plan to save $165 million annually and 'enhance the Company’s margin profile.'
- Several video games in development, including GTA 6, are expected to break sales records upon release next year.
- Even though CEO Strauss Zelnick explicitly stated in February that the company had no plans for job cuts, layoffs are distressing even in the best of times. The impact of these measures on Take-Two's development teams remains to be seen.
⭐Take-Two Interactive Joins The Wave Of Layoffs In The Industry ⭐#T2 has announced its plans to abandon the development of several video games ... Show more
Take-Two Interactive Joins The Wave Of Layoffs In The Industry - Fextralife
Take-Two Interactive Joins The Wave Of Layoffs In The Industry - Fextralife
Grand Theft Auto publisher Take-Two Interactive has announced it will lay off hundreds of employees as part of cost-saving measures.Take-Two Interactive to Lay Off 5% of Its Workforce and Scrap Projects | TechRaptor
Wall Street Breakfast Podcast: Fed's Restrictive Policy Needs More Time To Work: Federal Reserve's restrictive policy needs more time to work, Jerome Powell says ...
seekingalpha.com/article/4684200-wall-street-breakfast-podcast-feds-restrictive-policy-needs-more-time-to-work
Essential for better health, why ignore the value of generic medicines?: Generic medicines extend life-saving treatments to European patients ...
euractiv.com/section/health-consumers/opinion/generic-medicines-are-essential-for-health-in-europe-why-are-we-ignoring-their-real-value/
Suffolk County Council cuts buses to villages near Ipswich: First Eastern Counties bus services between Ipswich and nearby villages have been cut in a ...
ipswichstar.co.uk/news/24250068.suffolk-county-council-cuts-buses-villages-near-ipswich/
LIVE NOW! Media Partnership - Beneath the Surface: The Essential Role of Generic Medicines in Ensuring Supply Security in Europe
euractiv.com/section/health-consumers/video/live-now-media-partnership-beneath-the-surface-the-essential-role-of-generic-medicines-in-ensuring-supply-security-in-europe/
Sky offers 'last chance' to save big on Apple MacBook Air in rare deal: Sky has a rare deal on the 15-inch MacBook Air M2, which is available for £30 per month - ...
examinerlive.co.uk/whats-on/shopping/sky-offers-last-chance-save-28969732
Can AI Optimize Your Phone Bill?: MobileX, Walmart's budget-friendly mobile offering, harnesses the power of AI to analyze your phone usage and recommend a ...
zdnet.com/paid-content/article/can-ai-optimize-your-phone-bill/
Coronation Street stars 'in panic' as bosses make major change to soap: Coronation Street bosses have reportedly made a major change to the soap which has left ...
birminghammail.co.uk/news/showbiz-tv/coronation-street-stars-in-panic-28951580
Levi Strauss raises profit forecast on cost saving initiatives, fewer discounts: Levi Strauss raised its annual profit forecast on Wednesday, citing the apparel ...
reuters.com/business/retail-consumer/levi-strauss-lifts-profit-forecast-cost-savings-less-discounts-2024-04-03/
Shares of Conagra Brands rose as much as 6%, after the Slim Jim maker posted quarterly results that topped expectations. The company raised its annual adjusted ... Show more
Conagra's revenue, profit beefed up by at-home cooking demand | Reuters
Conagra's revenue, profit beefed up by at-home cooking demand | Reuters
Lightspeed to cut 280 jobs as it looks to turn profitable: Canadian payments firm Lightspeed Commerce will cut about 280 jobs as part of a larger reorganization ...
reuters.com/technology/lightspeed-cut-280-jobs-it-looks-turn-profitable-2024-04-03/
Exclusive: Fidelity International plans to cut 16% of China fund unit jobs: Fund manager Fidelity International (FIL) is planning to lay off 20 people at its ...
reuters.com/business/finance/fidelity-international-plan-cut-16-china-fund-unit-jobs-sources-say-2024-03-19/
UBS Cuts Bonus 2023 Pool by 14% After Credit Suisse Deal, Trading Slowdown: UBS Group AG cut its bonus pool for last year by 14% after a tougher year for ...
bloomberg.com/news/articles/2024-03-28/ubs-cuts-bonus-2023-pool-by-14-after-deal-trading-slowdown
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Sainsbury’s has said it will cut around 1,500 roles as part of plans that it hopes will cut costs by around £1 billion a year.Sainsbury’s set to cut 1,500 jobs in latest cost-cutting effort | The Independent
To Accelerate Growth, Analyze Your Company Like an Investor: Private equity (PE) firms have a proven approach to identify areas for revenue growth ...
hbr.org/2024/03/to-accelerate-growth-analyze-your-company-like-an-investor
Unilever reveals plans to slash 7,500 jobs worldwide under cost-cutting overhaul: The consumer goods firm said the roles affected are largely office-based and ...
news.stv.tv/world/unilever-reveals-plans-to-slash-7500-jobs-worldwide-under-cost-cutting-overhaul
Quick Glance: Unilever to Split Ice Cream Business, Cut 7,500 Jobs
- Unilever plans to separate its ice cream business, including brands like Ben & Jerry's, and intends to cut 7,500 jobs.
- The restructuring aims to boost growth, involving job cuts to achieve €800 million in cost savings over the next three years.
- Separating the ice cream business will help Unilever focus on four core businesses and avoid controversial political issues related to Ben & Jerry's.
- The targeted cost savings are expected to increase Unilever's profits, allowing the company to reinvest in research, development, and marketing to achieve mid-single digit sales growth.
New online energy tool helping Australian households save on power bills: A new national tool is helping Australians make the switch to cost saving alternatives ...
9news.com.au/national/cost-of-living-updates-new-online-electricity-program-to-help-save-you-money/028b10a0-b9d0-4c27-b498-1125ebab417c
Direct Line launches £100mn cost saving plan as it fights Ageas takeover interest
ft.com/content/5edde264-3269-4ac8-8b66-c30bf215fe28
Paid articlePaid China's Longi to cut nearly one-third of staff, Bloomberg News reports: China's Longi Green Technology Energy , the world's largest solar manufacturer ...
reuters.com/technology/chinas-longi-cut-nearly-one-third-staff-bloomberg-news-reports-2024-03-18/
Irish chief financial officers forecasting significant growth this year: Finance chiefs expect an average of 11 per cent growth this year, but their top ...
businesspost.ie/news/irish-chief-financial-officers-forecasting-significant-growth-this-year/
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Aluminium makers race to cut costs through green power, captive mining: Ramp up in captive coal production could also help National Aluminium Company ...
business-standard.com/companies/news/aluminium-makers-race-to-cut-costs-through-green-power-captive-mining-124030600930_1.html
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Capita says 2023 cyberattack costs a factor as it reports staggering £100M+ loss: Additional cost-cutting measures announced sparking fears of further job cuts
theregister.com/2024/03/06/capita_says_2023_cyberattack_recovery/
The power of email-content marketing for meeting customer expectations: Email marketing is one of the most efficient and cost-saving stupendous tools that allows ...
financialexpress.com/business/brandwagon-the-power-of-email-content-marketing-for-meeting-customer-expectations-3411666/
Investment firm Abrdn has said it plans to cut around 500 jobs as part of a cost-saving overhaul
news.stv.tv/scotland/investment-firm-abrdn-has-said-it-plans-to-cut-around-500-jobs-as-part-of-a-cost-saving-overhaul
Prime Minister Christopher Luxon cuts spending cap on ministers’ taxpayer-funded cars ... to $70,000
nzherald.co.nz/nz/politics/prime-minister-christopher-luxon-cuts-spending-cap-on-ministers-taxpayer-funded-cars-to-70000/MARON5ZP7ZH5TKZVDCCETTMZFE/
Rolls-Royce profits more than double as aviation industry recovers: The engine maker has announced its full-year results for 2023
business-live.co.uk/manufacturing/rolls-royce-profits-more-double-28680934
Quick Glance: Rolls-Royce Doubles Profits Amid Aviation Rebound
- UK engine maker's shares soar as forecasts are raised for the year.
- Rolls-Royce reported a more than doubled annual profit last year and anticipates further growth in 2024.
- The company exceeded analyst expectations with increased operating profit and record cash flow.
- Recovery driven by aviation sector rebound, strong defence orders, and restructuring efforts.
Price roller coaster: Lyft investors upset after numbers correction: The ride-hailing agent and Uber rival Lyft has recently earned more than expected thanks to ...
faz.net/aktuell/finanzen/kurs-achterbahn-lyft-investoren-nach-zahlen-korrektur-verstimmt-19518376.html
Quick Glance: Lyft Stock Surges with Celebrities and Layoffs
- Lyft exceeds Q4 profit estimates and projects positive cash flow in 2024.
- Erin Brewer revised 2024 growth projection from 5% to 0.5%.
- Rides to stadiums up over 35% driven by Taylor Swift, Beyoncé, and sports events.
- New CEO David Risher leads Lyft in aggressive restructuring plan with layoffs and cost reductions.
What companies owe retirees: The heyday of the pension is behind us. But employers can still make retiring more humane for their workers.
theatlantic.com/newsletters/archive/2024/02/what-companies-owe-retirees/677518/
Save $100 on this 27-inch Dell gaming monitor if you act fast: The Dell G2724D offers a QHD resolution IPS panel with a 165Hz refresh rate, 1ms response time ...
pcgamesn.com/dell/g2724d-gaming-monitor-deal
Meta gives up seven floors of office space in Singapore: The South Beach Tower lease won't be renewed in cost-saving measures amid a global round of layoffs.
freemalaysiatoday.com/category/business/2024/02/09/meta-gives-up-seven-floors-of-office-space-in-singapore/
Take-Two CEO: ‘GTA 6’ Still Set for 2025, ‘Significant’ Cost Cuts Coming: "Grand Theft Auto" publisher Take-Two Interactive is working on an ...
variety.com/2024/gaming/news/take-two-gta-6-still-2025-cost-cuts-no-layoffs-1235902558/
Agency staff lose jobs as city council makes £200k AI saving: AI assistants Darcie and Ali have been introduced on the council’s main phone line and website
derbytelegraph.co.uk/news/derby-news/agency-staff-lose-jobs-derby-9084828
Unifi Cuts Jobs, Appoints New Execs to Drive Profitability: The North Carolina recycled yarnmaker will lower expenses by $10-$15 million per year by shrinking ...
sourcingjournal.com/topics/business-news/unifi-repreve-layoffs-profitability-improvement-plan-earnings-492981/
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Ninja slashes price of Air Fryer Max by massive £90: The brand has dropped the price of one in-demand gadget ahead of its DoubleStack product launch
nottinghampost.com/whats-on/shopping/ninja-popular-air-fryer-max-9079678
Preliminary balance sheet 2023: Delivery Hero reaches break-even point and wants to continue growing
lebensmittelzeitung.net/handel/online-handel/vorlaeufige-bilanz-2023-delivery-hero-erreicht-gewinnschwelle-und-will-weiter-wachsen-175914
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Google is once again accused of snubbing the JPEG XL image format: The JPEG XL Image Coding System ISO standard is a new universal image format providing a cost ...
techspot.com/news/101764-google-once-again-accused-snubbing-jpeg-xl-image.html
Superdry mulls cost-saving options with advisers
reuters.com/business/retail-consumer/superdry-says-it-is-working-with-advisers-cost-saving-options-2024-01-29/
Massive cost-cutting measures: Wetzikon Hospital lays off 25 employees: The regional hospital in the Zurich Oberland is reducing its costs by 7 percent.
tagesanzeiger.ch/massive-sparmassnahmen-das-spital-wetzikon-entlaesst-25-mitarbeitende-641949098224
Home-swapping grows as cost-saving travel trend with local flavor - UPI.com: Although it was popularized by the 2006 film "The Holiday," home-swapping ...
upi.com/Top_News/World-News/2024/02/01/home-swapping-travel-trend/7571706638174/
Consumer NZ warns of pitfalls of supermarket loyalty schemes: A consumer watchdog is warning that deals offered by supermarket loyalty schemes are not as ...
rnz.co.nz/news/business/508093/consumer-nz-warns-of-pitfalls-of-supermarket-loyalty-schemes
The Standard View: Three-day week deliveries would kill off Royal Mail: If one wants to conjure up images of economic decay and political failure ...
standard.co.uk/comment/threeday-week-deliveries-would-kill-off-royal-mail-ofcom-b1134508.html
Troubled fashion brand Superdry is looking at cost saving measures, putting 215 shops and 3,350 staff at risk
Controversial Devon cost-saving plan still in hiatus : The proposed £1.5M cut was met with a huge backlash
devonlive.com/news/devon-news/controversial-devon-cost-saving-plan-9054533
Texas grid holding up isn't a success. It's the least we should expect: I'll congratulate ERCOT when they provide patrons with outstanding service and clean ...
houstonchronicle.com/opinion/letters/article/ercot-grid-texas-abbott-freeze-temperature-cold-18612762.php
Tomorrow's Paper Today 📰
FAT-BUSTING BALLOON PILL ON NHS
🔴 Hope for millions in cost-saving procedure... on day Morgan tragedy revealed#tomorrowspapertoday
How garment manufacturers can cut costs: And while cost reduction is essential, it should not come at the expense of product quality.
thedailystar.net/opinion/views/rmg-notes/news/how-garment-manufacturers-can-cut-costs-3525096
9 things Leeds could lose forever if the council doesn't get more funding including free parking
yorkshireeveningpost.co.uk/news/politics/9-things-leeds-could-lose-forever-if-the-council-doesnt-get-more-funding-including-free-parking-4477164
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Virginia county considers closing 1 to 3 schools in face of declining enrollment, funding
dailyprogress.com/news/state-regional/education/franklin-county-schools-funding-reductions-school-closings-under-consideration/article_38030b65-8545-5d65-9996-02e10cb71070.html
Quick Glance: Virginia County Considers Closing Schools Due to Declining Enrollment and Funding Issues
- Franklin County is facing a significant reduction in state funding that could lead to the closure of multiple elementary schools.
- Update on the grim outlook and potential cost-saving options for the school board.
- The state's shocking decision considering the levels of poverty in the county.
- Property costs in Franklin County, especially in the Smith Mountain Lake area, have rapidly increased since 2020.
Over 70% have never switched health insurance providers despite potential savings
irishexaminer.com/business/companies/arid-41305939.html
Italy introduces €2,000 healthcare charge for some non-EU residents: Italy has introduced an annual €2,000 registration fee for some foreign residents to be able ...
thelocal.it/20240108/italy-introduces-e2000-healthcare-charge-for-some-non-eu-residents
NuScale Power to lay off 28% of its workforce to save costs: Utility firm NuScale Power (SMR.N) said on Monday it will lay off about 28% of its full-time ...
reuters.com/business/nuscale-power-lay-off-28-labor-force-save-costs-2024-01-08/
Kitchen expert says 'overlooked' changes can save £678 a year: Making these changes will be good for both your wallet and the environment
walesonline.co.uk/news/cost-of-living/kitchen-expert-says-overlooked-changes-28401419
Royal Enfiled Classic 650's testing mules spotted: Here's what all to expect | Mint
livemint.com/auto-news/royal-enfiled-classic-650s-testing-mules-spotted-heres-what-all-to-expect-11704539084051.html
Only half of health treatments offered to patients are effective. AI can change that
AI can dramatically improve outcomes and introduce cost-saving ... Show more
www.weforum.org/agenda/2024/01/healthcare-ai?utm_source=facebook&utm_medium=social_scheduler&utm_term=Health+and+Healthcare&utm_content=04%2F01%2F2024+05%3A00
www.weforum.org/agenda/2024/01/healthcare-ai?utm_source=facebook&utm_medium=social_scheduler&utm_term=Health+and+Healthcare&utm_content=04%2F01%2F2024+05%3A00
'Generative AI is a critical piece of a technological mosaic that can drive productivity growth, but by how much?'
Large productivity shifts are driven by ... Show more
www.weforum.org/agenda/2023/08/generative-ai-realistic-economic-impact?utm_source=facebook&utm_medium=social_scheduler&utm_term=Generative+Artificial+Intelligence&utm_content=03%2F01%2F2024+08%3A30
www.weforum.org/agenda/2023/08/generative-ai-realistic-economic-impact?utm_source=facebook&utm_medium=social_scheduler&utm_term=Generative+Artificial+Intelligence&utm_content=03%2F01%2F2024+08%3A30
'Generative AI is a critical piece of a technological mosaic that can drive productivity growth, but by how much?'
Large productivity shifts are driven by ... Show more
www.weforum.org/agenda/2023/08/generative-ai-realistic-economic-impact?utm_source=facebook&utm_medium=social_scheduler&utm_term=Generative+Artificial+Intelligence&utm_content=29%2F12%2F2023+20%3A00
www.weforum.org/agenda/2023/08/generative-ai-realistic-economic-impact?utm_source=facebook&utm_medium=social_scheduler&utm_term=Generative+Artificial+Intelligence&utm_content=29%2F12%2F2023+20%3A00
‘To celebrate my life, I've arranged to buy up others' medical debt and then destroy the debt’.
Learn more about the work being done to transform patient ... Show more
ow.ly/z7SN50QbYCX
ow.ly/z7SN50QbYCX
Here are 4 ways AI is streamlining banking in India
AI and generative AI promise to let Indian banks create an evolving services ecosystem for their customers ... Show more
www.weforum.org/agenda/2023/12/how-ai-can-streamline-indian-banking?utm_source=facebook&utm_medium=social_scheduler&utm_term=Artificial+Intelligence&utm_content=21%2F12%2F2023+18%3A30
www.weforum.org/agenda/2023/12/how-ai-can-streamline-indian-banking?utm_source=facebook&utm_medium=social_scheduler&utm_term=Artificial+Intelligence&utm_content=21%2F12%2F2023+18%3A30
Quick Glance: International AI Regulation: Starting at the National Level
- Political leaders are responding to AI advances and recognizing the urgent need for regulation.
- From city halls to international organizations, AI oversight is top of mind, with a surge in new initiatives in late 2023.
- Despite broad acknowledgment of the need to shepherd an AI-powered future, political leaders often turn to tools from the past for international cooperation.
- AI’s rapid development, opacity, and changing nature make it substantively different than previous technologies, requiring novel forms of international oversight.
Pennsylvania DHS asks for public feedback on proposed Medicaid changes: Pennsylvania wants to make changes to its Medicaid programs that would bring groceries to ...
post-gazette.com/news/social-services/2023/12/27/pennsylvania-proposes-changes-medicaid-feedback/stories/202312270071
Cost reduction in SPÖ Lower Austria affects “single-digit number of employees”: The restructuring in the SPÖ Lower Austria, announced in September as a ...
noen.at/niederoesterreich/politik/einsparungsmassnahmen-kostenreduktion-in-spoe-noe-betrifft-einstellige-mitarbeiterzahl-401116110
Merry 'Thriftmas': Some Canadians are taking cost-saving measures this holiday season
ctvnews.ca/canada/merry-thriftmas-some-canadians-are-taking-cost-saving-measures-this-holiday-season-1.6699877
Boots axing more stores in 2024 - full list of closures: The retailer is planning to cut around 300 stores as part of cost-saving measures
birminghammail.co.uk/black-country/boots-axing-more-stores-2024-28313637
Experts canvass conscientious efforts to combat hospital-associated infections - Healthwise
healthwise.punchng.com/experts-canvass-conscientious-efforts-to-combat-hospital-associated-infections/
'Was once thought to be science fiction': Changing DNA to treat sickle cell disease
newschannel5.com/news/was-once-thought-to-be-science-fiction-changing-dna-to-treat-sickle-cell-disease
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