By Utkarsh Shetti and Mike Stone (Reuters) – Lockheed Martin will cut 1% of its jobs over the course of the year in a bid to cut costs and streamline …
Topic:
cost-cutting
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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 for its namesake brand, two …
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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, after a shortfall in revenue …
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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 unveiled a cost-cutting plan that …
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(Reuters) – Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at lowering costs after the streaming …