Exclusive-Lockheed Martin to cut 1% of its jobs in cost-cutting push
By Utkarsh Shetti and Mike Stone (Reuters) – Lockheed Martin will cut 1% of its jobs over the course of the year in a bid …
cost-cutting
Volkswagen brand cost-cutting plan running behind schedule – sources
By Victoria Waldersee BERLIN (Reuters) – Volkswagen is running behind schedule in defining key measures of a planned 10 billion euro ($10.5 billion) cost-cutting drive …
South Africa plans cost-cutting measures as revenue falls
JOHANNESBURG (Reuters) – South Africa’s National Treasury said it will implement a number of cost-cutting measures to rein in government spending, including a hiring freeze, …
Charles Schwab shares fall after announcing cost-cutting plan
By Chibuike Oguh NEW YORK (Reuters) – Shares of Charles Schwab fell by nearly 5% to a one-month low on Tuesday after the U.S. brokerage …
Netflix lays off 300 employees in cost-cutting drive
(Reuters) – Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at …