Boeing's strategy of cost-cutting in face of major strike and talent shortage confuses experts
Boeing's cost-cutting measures raise concerns about its long-term viability, particularly in the midst of a talent shortage and ongoing labor disputes.
Boeing's CEO is forcing executives to give up private jets and fly commercial to save money
Boeing is significantly reducing executive private jet use to cut costs, directing them to fly economy on commercial flights.
Boeing just put out its 'final and best' offer to striking workers: a 30% wage hike and a $6,000 bonus
Boeing has proposed a 30% wage increase and doubled bonuses to address employee dissatisfaction and ongoing strikes.
Boeing execs barred from flying business class to save money during strike
Boeing is eliminating first and business-class travel for executives amid cost-cutting measures during an ongoing strike.
Boeing's strategy of cost-cutting in face of major strike and talent shortage confuses experts
Boeing's cost-cutting measures raise concerns about its long-term viability, particularly in the midst of a talent shortage and ongoing labor disputes.
Boeing's CEO is forcing executives to give up private jets and fly commercial to save money
Boeing is significantly reducing executive private jet use to cut costs, directing them to fly economy on commercial flights.
Boeing just put out its 'final and best' offer to striking workers: a 30% wage hike and a $6,000 bonus
Boeing has proposed a 30% wage increase and doubled bonuses to address employee dissatisfaction and ongoing strikes.
Boeing execs barred from flying business class to save money during strike
Boeing is eliminating first and business-class travel for executives amid cost-cutting measures during an ongoing strike.
Report: INEOS ends payments to club legend Sir Alex Ferguson
Sir Alex Ferguson's ambassador role at Manchester United will end due to cost-cutting measures by new minority shareholders.
'Totally scandalous': Man U dump Sir Alex to cut costs despite calls for his return
Sir Alex Ferguson is leaving his ambassador role with Manchester United as part of a cost-cutting measure following the club's financial losses.
Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed
Sir Alex Ferguson has stepped down from his ambassador role at Manchester United amid ongoing cost-cutting measures.
Man United have banned Sir Alex Ferguson from doing one thing at the club
Sir Alex Ferguson's contract as Manchester United's ambassador has been terminated amid INEOS's cost-cutting measures, prompting a change in club culture.
'I throw them all in a big bag of s***' - Eric Cantona hits out at Manchester United's 'scandalous' Alex Ferguson decision
Manchester United is implementing cost-cutting measures including job cuts, aiming for better financial sustainability amidst significant financial losses.
Manchester United terminate Sir Alex Ferguson contract' after Sir Jim Ratcliffe decision
Sir Alex Ferguson's ambassadorial salary at Manchester United was terminated as part of INEOS's cost-cutting measures, although he remains a non-executive director.
Report: INEOS ends payments to club legend Sir Alex Ferguson
Sir Alex Ferguson's ambassador role at Manchester United will end due to cost-cutting measures by new minority shareholders.
'Totally scandalous': Man U dump Sir Alex to cut costs despite calls for his return
Sir Alex Ferguson is leaving his ambassador role with Manchester United as part of a cost-cutting measure following the club's financial losses.
Manchester United cuts continue as Sir Alex Ferguson ambassador role slashed
Sir Alex Ferguson has stepped down from his ambassador role at Manchester United amid ongoing cost-cutting measures.
Man United have banned Sir Alex Ferguson from doing one thing at the club
Sir Alex Ferguson's contract as Manchester United's ambassador has been terminated amid INEOS's cost-cutting measures, prompting a change in club culture.
'I throw them all in a big bag of s***' - Eric Cantona hits out at Manchester United's 'scandalous' Alex Ferguson decision
Manchester United is implementing cost-cutting measures including job cuts, aiming for better financial sustainability amidst significant financial losses.
Manchester United terminate Sir Alex Ferguson contract' after Sir Jim Ratcliffe decision
Sir Alex Ferguson's ambassadorial salary at Manchester United was terminated as part of INEOS's cost-cutting measures, although he remains a non-executive director.
From Elon Musk to Jerome Powell: Who's in and who's out under a Trump administration
Trump's return to politics may result in significant changes among Biden administration appointees and is marked by notable endorsements from figures like Elon Musk.
Allying with Trump, Elon Musk is the latest billionaire to seek gov't power
Elon Musk may become Secretary of Cost Cutting if Trump wins, highlighting the trend of billionaires in government.
TechScape: Will Elon Musk fire a third of the US government?
Trump and Musk propose reducing federal bureaucracy by $2 trillion through a new Department of Government Efficiency.
Elon Musk downsized Big Tech. Can he do the same to Big Government?
Trump has launched a new department to cut government spending, appointing Musk to lead it, aiming for significant reductions in federal workforce and budget.
Slash First, Fix Later: How Elon Musk Cuts Costs
Elon Musk emphasizes aggressive cost-cutting measures and rigorous budget scrutiny following his acquisition of Twitter, prioritizing short-term savings over long-term company stability.
Elon Musk's Tesla rehires Supercharger workers, weeks after they were fired
Rehiring of Tesla Supercharger team members after initial layoff.
From Elon Musk to Jerome Powell: Who's in and who's out under a Trump administration
Trump's return to politics may result in significant changes among Biden administration appointees and is marked by notable endorsements from figures like Elon Musk.
Allying with Trump, Elon Musk is the latest billionaire to seek gov't power
Elon Musk may become Secretary of Cost Cutting if Trump wins, highlighting the trend of billionaires in government.
TechScape: Will Elon Musk fire a third of the US government?
Trump and Musk propose reducing federal bureaucracy by $2 trillion through a new Department of Government Efficiency.
Elon Musk downsized Big Tech. Can he do the same to Big Government?
Trump has launched a new department to cut government spending, appointing Musk to lead it, aiming for significant reductions in federal workforce and budget.
Slash First, Fix Later: How Elon Musk Cuts Costs
Elon Musk emphasizes aggressive cost-cutting measures and rigorous budget scrutiny following his acquisition of Twitter, prioritizing short-term savings over long-term company stability.
Elon Musk's Tesla rehires Supercharger workers, weeks after they were fired
Rehiring of Tesla Supercharger team members after initial layoff.
Bay Area tech giant Intel to gut staff, slashing 15,000 workers
Intel is planning to cut 15,000 jobs to save $10 billion in costs due to disappointing financial results and the need to align its cost structure with a new operating model.
Disney lays off hundreds in cost cutting measure
Disney is laying off corporate employees to improve profitability and operational efficiency.
Intel CEO Says Layoffs Will Affect 15,000: 'Tough Day' | Entrepreneur
Intel reports $1.6B Q2 net loss, plans $10B cost cut by next year, layoffs affecting 15% of current workforce, aiming for new era of growth.
Meta layoffs hit staff at WhatsApp, Instagram, and Reality Labs divisions
Meta is laying off employees across various divisions as part of a cost-cutting strategy, impacting teams at WhatsApp, Instagram, and Reality Labs.
Intel to shed 15 percent of staff to save costs
Intel plans to lay off 16,000 workers, focusing on cutting costs and improving finances.
Stellantis Will Lay Off Up to 2,450 at Michigan Truck Plant
Stellantis plans layoffs for 2,450 workers at pickup truck plant near Detroit due to cost-cutting and operational issues.
Bay Area tech giant Intel to gut staff, slashing 15,000 workers
Intel is planning to cut 15,000 jobs to save $10 billion in costs due to disappointing financial results and the need to align its cost structure with a new operating model.
Disney lays off hundreds in cost cutting measure
Disney is laying off corporate employees to improve profitability and operational efficiency.
Intel CEO Says Layoffs Will Affect 15,000: 'Tough Day' | Entrepreneur
Intel reports $1.6B Q2 net loss, plans $10B cost cut by next year, layoffs affecting 15% of current workforce, aiming for new era of growth.
Meta layoffs hit staff at WhatsApp, Instagram, and Reality Labs divisions
Meta is laying off employees across various divisions as part of a cost-cutting strategy, impacting teams at WhatsApp, Instagram, and Reality Labs.
Intel to shed 15 percent of staff to save costs
Intel plans to lay off 16,000 workers, focusing on cutting costs and improving finances.
Stellantis Will Lay Off Up to 2,450 at Michigan Truck Plant
Stellantis plans layoffs for 2,450 workers at pickup truck plant near Detroit due to cost-cutting and operational issues.
Exclusive | Saks Fifth Avenue cancels famed holiday lights show in apparent cost-cutting measure: 'Challenging year'
Saks Fifth Avenue cancels its beloved holiday light show due to cost-cutting, shifting focus to architectural illumination and fashion in the flagship store.
Volkswagen Profit Shrinks as Unions Threaten Strike
Volkswagen's profit decline signals urgent cost-cutting needs as the company faces potential layoffs and plant closures in Germany.
Volkswagen in trouble? Carmaker considers first ever German factory closure
Volkswagen faces significant challenges in cost-cutting while risking its relationship with the works council amid a difficult economic landscape.
Volkswagen reportedly paying staff up to 450,000 to leave amid cost-cutting drive
Volkswagen is implementing substantial cost reductions amid fears of declining EV demand, including offering generous severance packages to surplus employees.
'A very serious situation': Volkswagen could close plants in Germany for the first time in history
Volkswagen is considering factory closures in Germany to implement cost-cutting measures amid rising competition from Chinese EV manufacturers.
Volkswagen to scrap three plants and thousands of jobs DW 10/29/2024
Volkswagen will close at least three factories in Germany and lay off tens of thousands amid cost-cutting efforts.
Management's plans represent a historic shift in VW's operations in Germany, facing significant challenges.
Volkswagen clashes with workers over cuts DW 09/04/2024
Volkswagen leaders stated the company has one to two years to improve operations amidst significant demand challenges and accusations about job security.
Volkswagen Profit Shrinks as Unions Threaten Strike
Volkswagen's profit decline signals urgent cost-cutting needs as the company faces potential layoffs and plant closures in Germany.
Volkswagen in trouble? Carmaker considers first ever German factory closure
Volkswagen faces significant challenges in cost-cutting while risking its relationship with the works council amid a difficult economic landscape.
Volkswagen reportedly paying staff up to 450,000 to leave amid cost-cutting drive
Volkswagen is implementing substantial cost reductions amid fears of declining EV demand, including offering generous severance packages to surplus employees.
'A very serious situation': Volkswagen could close plants in Germany for the first time in history
Volkswagen is considering factory closures in Germany to implement cost-cutting measures amid rising competition from Chinese EV manufacturers.
Volkswagen to scrap three plants and thousands of jobs DW 10/29/2024
Volkswagen will close at least three factories in Germany and lay off tens of thousands amid cost-cutting efforts.
Management's plans represent a historic shift in VW's operations in Germany, facing significant challenges.
Volkswagen clashes with workers over cuts DW 09/04/2024
Volkswagen leaders stated the company has one to two years to improve operations amidst significant demand challenges and accusations about job security.
Spirit Airlines is selling planes worth $500 million and cutting staff as it fights to stay in the air
Spirit Airlines is implementing significant measures to reduce costs and raise cash amid financial difficulties following the failed merger with JetBlue.
Black, white, and boring: the monochroming of America's cars
America's vehicle color options have drastically diminished, with less than 20% of cars featuring colors beyond black, white, silver, or gray.
Premier Inn owner Whitbread ramps up cost-cutting plans as tax rise looms
Whitbread is intensifying cost-cutting measures in response to declining demand within the hospitality industry.
Walgreens will close 1,200 stores, hoping for a turnaround
Walgreens plans to close 1,200 stores as part of a turnaround strategy against competition and unprofitability.
Southwest is making big route changes as it prepares to reveal new details of its turnaround plan
Southwest Airlines is cutting unprofitable routes and reducing its presence in Atlanta amid pressure from investors to enhance revenue and control costs.
JetBlue takes away hot meals for everyone but first class
JetBlue continues to adjust its food offerings for economy passengers in response to financial pressures, opting for cold meals to maintain profitability.
Dutch airline KLM will do 'everything' it can to protect jobs in cost-cutting drive
KLM is implementing significant cost-cutting measures to improve short-term operating profits by 450 million euros.
Southwest is making big route changes as it prepares to reveal new details of its turnaround plan
Southwest Airlines is cutting unprofitable routes and reducing its presence in Atlanta amid pressure from investors to enhance revenue and control costs.
JetBlue takes away hot meals for everyone but first class
JetBlue continues to adjust its food offerings for economy passengers in response to financial pressures, opting for cold meals to maintain profitability.
Dutch airline KLM will do 'everything' it can to protect jobs in cost-cutting drive
KLM is implementing significant cost-cutting measures to improve short-term operating profits by 450 million euros.
Mind the Gap: Ask for Business Actions, Not Business Value - DATAVERSITY
Analytics is frequently targeted for budget cuts despite its potential value; quantifying that value is a continuous challenge.
Pfizer set to axe 200 jobs in Ireland
Pfizer is expected to cut up to 200 jobs in Ireland as part of a global cost-reduction initiative.
Volvo's Car Subscription Program Is Dead
Volvo has suspended its vehicle subscription program, Care by Volvo, focusing on cost-cutting and core customer offerings.
The program provided flexibility in car selection and monthly costs but faced dealer criticism.
Manchester United post net losses of 113.2m but believe they are complaint with PSR
Manchester United reported substantial financial losses but remains compliant with financial regulations while implementing cost-saving measures and restructuring efforts.
There's A Reason Airlines Offer Specific Snacks On Each Flight - Tasting Table
Airline snacks are influenced by cost, branding, and how taste perception changes at high altitudes.
Path to Disaster': 4 Takeaways From the U.K. Grenfell Fire Final Report
The Grenfell Tower fire was preventable, resulting from decades of government failures and cost-cutting priorities over safety.
Despite significant findings, no criminal charges have been filed against responsible parties.
Nordstrom Rack is opening almost two dozen new locations in 2024. Here's a full list and map
Nordstrom outperformed earnings expectations, leveraging cost-cutting and expansion of its discount brand, Nordstrom Rack, while navigating retail challenges.
Meta nixed custom-chip efforts for upcoming AR glasses
Meta's custom chip development for wearables was abandoned due to cost-cutting measures amidst a broader effort to increase efficiency.
How Recession Layoffs Hurt Trust and What to Do About It
Cost-cutting measures may protect short-term finances but can damage long-term employee trust and relationships.
Adams administration plans to slash municipal office footprint
NYC is reducing underused office space to cut costs, affecting landlords and adapting to post-pandemic workforce changes.
Tesla Inc. fell below profit estimates in Q2 despite revenue exceeding expectations, focusing on cost-cutting amidst slower sales and reiterated lower growth projections.
The $80,000 Volvo EX90 Cut One Infuriating Corner
Volvo's EX90 flagship offers luxury but has confusing window controls that reflect unnecessary cost-cutting.
Ford makes crazy request to suppliers to survive EV chapter
Ford is seeking cost-saving measures from suppliers to enhance profitability in its EV division.
Tesla reports back-to-back profit slumps
Tesla Inc. fell below profit estimates in Q2 despite revenue exceeding expectations, focusing on cost-cutting amidst slower sales and reiterated lower growth projections.
The $80,000 Volvo EX90 Cut One Infuriating Corner
Volvo's EX90 flagship offers luxury but has confusing window controls that reflect unnecessary cost-cutting.
Ford makes crazy request to suppliers to survive EV chapter
Ford is seeking cost-saving measures from suppliers to enhance profitability in its EV division.
Health insurers boast to investors about using AI, but they'd rather not talk about it
Health insurers are increasingly utilizing artificial intelligence to enhance efficiency and cut costs.
Here's everything Uber just announced at its spring product event
Users can now reserve seats on Uber shuttles for high-traffic areas like airports or stadiums.
Bayern Munich to get money from FC Barcelona if Robert Lewandowski nets 25+ goals
FC Barcelona's unusual financial decisions have resulted in various methods of raising cash, including selling stakes, old turf, and YouTube donations.