[ad_1] In an email sent to staff at Prime Video and Amazon MGM Studios, senior vice president of the department Mike Hopkins wrote: “We’ve identified opportunities to reduce or discontinue…
Tag: Slashes
Unity Slashes Another 25% of Its Workforce
[ad_1] Unity Software is undergoing another round of layoffs affecting approximately 25% of its workforce, as the company works to overcome a major dust-up with customers last fall. Some1,800 employees…
Walgreens stock plunges after drugstore chain slashes quarterly dividend nearly in half
[ad_1] Shares of Walgreens fell more than 11% on Thursday after the company reported fiscal first-quarter adjusted earnings and revenue that topped expectations, but cut its quarterly dividend nearly in…
Nike sinks 10% after it slashes sales outlook, unveils $2 billion in cost cuts
[ad_1] A customer enters a Nike store along the Magnificent Mile shopping district in Chicago on Dec. 21, 2022. Scott Olson | Getty Images Nike now expects full-year reported revenue…
Sweden slashes 2024 growth outlook to 0.6%- Republic World
[ad_1] Updated December 21st, 2023 at 15:29 IST New Telecom Bill introduced in Lok Sabha today | Image:ANI Listen to this article 2 min read The Parliament on Thursday passed…
German Government Slashes Spending, Except on the Military
[ad_1] Why It Matters: Germany has long neglected military spending. Despite intense pressure from the United States, Germany last spent 2 percent of its G.D.P. on defense in 1991, a…
City of Dreams Mediterranean Slashes Jobs, Cites Israel War
[ad_1] Posted on: November 21, 2023, 08:36h. Last updated on: November 21, 2023, 09:04h. City of Dreams Mediterranean is trimming its workforce in Cyprus. A child enjoys an outdoor pool…
Citigroup SLASHES 300 senior management roles – becoming the latest major company to announce layoffs as red-hot-labor market starts to cool
[ad_1] Banking giant Citigroup has announced plans to ax 300 of its senior management employees as part of its biggest restructuring in two decades. The job cuts began on Monday…