IG Metall union has proposed pay cuts to prevent layoffs and ensure job security at Volkswagen.
10,000 US hotel workers strike over Labor Day weekend
Hotel workers in eight US cities strike for better pay and working conditions as they demand reversal of cost-cutting measures implemented during the pandemic.
Over 30 Chinese firms cut ties with PwC amid Beijing's pressure over Evergrande scandal
PwC in China faces client losses and financial setbacks due to ties with troubled Evergrande, prompting cost-cutting measures.
Major companies worldwide are facing challenges such as profit decline, revised forecasts, layoffs, and reduced demand. The economic landscape is fluctuating with significant impacts on various sectors.
Compa grabs more capital amid customer quest for real-time compensation data | TechCrunch
Compa, a compensation market data provider, raised $3.9 million in seed funding in 2021.
The job market experienced extreme volatility in 2022 due to layoffs and cost-cutting measures, leading to a need for new compensation solutions.
Amazon joins cost-cutting trend with layoffs to Music division - RAIN News
Amazon Music is cutting some number of jobs as part of cost-cutting measures.
Amazon Music offers three service plans: Free, Prime, and Unlimited.
Other companies in the audio industry have also implemented layoffs this year.
Major companies worldwide are facing challenges such as profit decline, revised forecasts, layoffs, and reduced demand. The economic landscape is fluctuating with significant impacts on various sectors.
Compa grabs more capital amid customer quest for real-time compensation data | TechCrunch
Compa, a compensation market data provider, raised $3.9 million in seed funding in 2021.
The job market experienced extreme volatility in 2022 due to layoffs and cost-cutting measures, leading to a need for new compensation solutions.
Amazon joins cost-cutting trend with layoffs to Music division - RAIN News
Amazon Music is cutting some number of jobs as part of cost-cutting measures.
Amazon Music offers three service plans: Free, Prime, and Unlimited.
Other companies in the audio industry have also implemented layoffs this year.
Daily Mirror owner Reach sees another hit from social media news de-ranking
The ongoing fallout from platforms like Facebook de-ranking news has affected Reach's online revenues, with page views down significantly year-on-year.
Amazon earnings boosted by AI, ads, and cost-cutting
Amazon reported better-than-expected Q1 2024 earnings driven by cost-cutting measures and the success of AWS's AI capabilities.
Millions of dollars in the red, Morgan Hill schools announce staff cuts to fight budget shortfall
Budget shortfall forces school staff cutbacks
Cost-cutting measures implemented to address deficit
Saber Confirms Continued Work On "A Number Of Titles" Including Space Marine 2
Saber Interactive working on titles like Warhammer 40,000: Space Marine 2 post-separation from Embracer
Embracer cancels projects, including Deus Ex and Volition as part of cost-cutting measures
NYC spending $387 per day to house thousands of migrants as Mayor Adams tries to slash spending
New York City spends $387 per day on each migrant household in taxpayer-funded shelters.
Mayor Adams' administration has implemented cost-cutting measures to combat the migrant crisis and save taxpayer dollars.
Facing $23 million budget deficit, OUSD tries figuring out how to balance books for next school year
Oakland Unified School District is facing a budget deficit of at least $23 million for the upcoming school year.
The district is considering options such as staff reductions and department consolidations to balance the budget.
Big wines from the country's biggest wine specialists | David Williams
Majestic, the UK's biggest wine specialist retailer, reported its biggest-ever Christmas in 2023 with a spike in sales and new customers, including interest in its fine wines.
Naked Wines, Majestic's former partner, has been facing a drop in sales prompting cost-cutting measures.
The 9-5 Will Become Obsolete. Here's How To Prepare. | Entrepreneur
Employers adapting to remote work and cost-cutting measures by replacing employees with tools and shifting to independent contractors.
Airbus is slashing costs and halting hiring after a potential bounce back from Boeing and tough Chinese competition on the cards
Boeing's crisis opens room for COMAC as Airbus struggles.
Future of TV Briefing: How the future of TV has shaken out so far in 2024
The entertainment industry is undergoing major shifts post-strikes, with a focus on profit and cost-cutting measures affecting show production.
Source: Utd staff shocked as 1/4 made redundant
Manchester United is restructuring by making a quarter of the workforce redundant to focus on improving on-field performance.
Keller ISD adopts balanced 2024-25 budget without teacher pay raises, layoffs, district said | Fort Worth Report
Cost-cutting measures include adjusting facility temperatures to save money, working remotely on selected days, and sharing resources between campuses.
The Keller ISD avoided school closures and layoffs by finding efficiencies and making sacrifices to achieve a balanced budget for the upcoming school year.