Business ❯ Finance ❯ Corporate Strategy

Cost Reduction

Job Cuts Operational Efficiency Layoffs Workforce Management Outsourcing Profitability Amazon Savings Plans Investment Plans Pilot Furloughs

Citi Downgrades Gemini Space Station to Sell With $5.50 Target as Stock Slides Below $6

Citi cites plunging user growth with profitability now pushed to 2029, as Thursday’s results will test the turnaround.

Porsche Weighs Folding Panamera And Taycan Into One Sedan Line

DB Cargo to Cut 6,200 Jobs in Germany as Overhaul Accelerates Under EU Profit Deadline

Amazon to Cut 16,000 Jobs Worldwide as It Pivots Spending to AI

Paramount Details $6 Billion Cuts as It Extends $30 Hostile Bid for WBD, While Board Backs Netflix’s $82.7 Billion Deal

Japan Backs TEPCO's Overhaul With ¥3.1 Trillion Cost Cuts to Prioritize Fukushima Cleanup

Munich Re Unveils ‘Ambition 2030’ With Higher Profit Goals and 80% Payout Target

Olin Slides on Soft Q4 Outlook as Analysts Trim Price Targets

Spirit Lines Up $475 Million DIP Financing and $150 Million AerCap Settlement in Second Bankruptcy

Lufthansa to Cut 4,000 Jobs by 2030 in AI-Driven Overhaul

Lufthansa Poised to Cut 20% of Office Jobs, Reports Say

Cramer Questions LoanDepot Rally as Retail Bull Case Builds

Novo Nordisk to Cut 9,000 Jobs, Lowers Profit Outlook in Global Restructuring

Lloyds to Rank Staff in Performance Overhaul, Putting About 3,000 Roles at Risk

PG&E Lowers Residential Electric Rates 2.1% for September, Gas Down 0.4%

Deutsche Bank Seeks Buyers for India Retail Banking Unit

DB Cargo to Shut Mainz-Bischofsheim and 10 Satellite Sites, Cutting 170 Jobs

Daimler Truck to Cut 5,000 German Jobs Under Cost Down Europe Plan

Nissan Launches Voluntary Departure Talks at Sunderland EV Hub

Tesco to close select Express stores at 10pm to curb tax-driven staffing costs