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cuts

  • Musk Open to Price Cuts as Tesla Bets on Self-Driving Future
    Musk Open to Price Cuts as Tesla Bets on Self-Driving Future
    Elon Musk is prioritizing sales over profits in hopes that Tesla's full self-driving software would eventually burnish margins, a plan that could deepen an already fierce price war in the ...
    July 20, 2023BY Reuters
  • Gap Cuts 1,800 Corporate Jobs Amid Sales Slump
    Gap Cuts 1,800 Corporate Jobs Amid Sales Slump
    Apparel retailer Gap announced on Thursday that it will lay off 1,800 employees as it looks to cut ...
    April 28, 2023BY Jane Nguyen
  • Tesla Cuts US Prices for 6th Time This Year
    Tesla Cuts US Prices for 6th Time This Year
    Tesla Inc. cut prices for some of its Model Y and Model 3 vehicles in the United States ...
    April 20, 2023BY Reuters
  • Amazon Plans to Trim Employee Stock Awards Amid Tough Economy
    Amazon Plans to Trim Employee Stock Awards Amid Tough Economy
    Amazon.com Inc. said it would reduce employee stock awards, a part of its compensation plan, as the e-commerce ...
    April 7, 2023BY Reuters
  • Tesla Cuts US Model S and Model X Prices Between 4 Percent and 9 Percent
    Tesla Cuts US Model S and Model X Prices Between 4 Percent and 9 Percent
    Tesla Inc. has cut prices on its two most expensive electric vehicles in the United States, according to ...
    March 7, 2023BY Reuters
  • Ford to Cut 1 in 9 Jobs in Europe in Electric Revamp
    Ford to Cut 1 in 9 Jobs in Europe in Electric Revamp
    BERLIN—Ford plans to cut one in nine jobs in Europe, axing 3,800 roles in product development and administration ...
    February 14, 2023BY Reuters
  • Boeing Plans to Cut About 2,000 Finance and HR Jobs in 2023
    Boeing Plans to Cut About 2,000 Finance and HR Jobs in 2023
    SEATTLE—Boeing plans to make staffing cuts in the aerospace company's finance and human resources departments in 2023, with ...
    February 7, 2023BY The Associated Press
  • ‘They Fire, We Hire’: Germany Seizes on Silicon Valley’s Woes
    ‘They Fire, We Hire’: Germany Seizes on Silicon Valley’s Woes
    BERLIN—Faced with a tight labor market and a shortage of workers with key software engineering skills, some German ...
    February 1, 2023BY Reuters
  • SAP to Cut Up to 3,000 Jobs Worldwide, Mulls Qualtrics Sale
    SAP to Cut Up to 3,000 Jobs Worldwide, Mulls Qualtrics Sale
    BERLIN—SAP said Thursday that it is cutting up to 3,000 jobs worldwide, or about 2.5 percent of its ...
    January 26, 2023BY The Associated Press
  • Ford to Cut up to 3,200 European Jobs, Union Says, Vowing to Fight
    Ford to Cut up to 3,200 European Jobs, Union Says, Vowing to Fight
    BERLIN—Ford Motor Co. plans to cut up to 3,200 jobs across Europe and move some product development work ...
    January 25, 2023BY Reuters
  • Tech Industry Job Cuts Come Rapidly and in Big Numbers
    Tech Industry Job Cuts Come Rapidly and in Big Numbers
    In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and ...
    January 22, 2023BY The Associated Press
  • Tesla Turns Up Heat on Rivals With Global Price Cuts
    Tesla Turns Up Heat on Rivals With Global Price Cuts
    Tesla Inc. has slashed prices globally on its electric vehicles by as much as 20 percent, extending an ...
    January 13, 2023BY Reuters
  • Amazon Secures $8 Billion Term Loan
    Amazon Secures $8 Billion Term Loan
    Amazon.com Inc. said on Tuesday it had reached an agreement with certain lenders to provide the e-commerce giant ...
    January 4, 2023BY Reuters
  • Morgan Stanley Making ‘Modest’ Job Cuts; CEO ‘Wouldn’t Bet Against’ Musk
    Morgan Stanley Making ‘Modest’ Job Cuts; CEO ‘Wouldn’t Bet Against’ Musk
    NEW YORK—Morgan Stanley is making modest job cuts worldwide, Chief Executive Officer James Gorman said on Thursday, as ...
    December 3, 2022BY Reuters
  • Sweden’s H&M to Lay Off 1,500 Staff in Drive to Cut Soaring Costs and Rescue Profits
    Sweden’s H&M to Lay Off 1,500 Staff in Drive to Cut Soaring Costs and Rescue Profits
    COPENHAGEN—Swedish fashion giant H&M on Wednesday became the first big European retailer to start laying off staff in ...
    November 30, 2022BY Reuters
  • UniCredit Reaches Deal With Unions on Job Cuts in Italy
    UniCredit Reaches Deal With Unions on Job Cuts in Italy
    MILAN—Italian lender UniCredit has signed an agreement with unions for 1,200 voluntary job cuts to be partly offset ...
    January 27, 2022BY Reuters
  • Volkswagen CEO: We Will Keep Up With Tesla but Not Without Cuts
    Volkswagen CEO: We Will Keep Up With Tesla but Not Without Cuts
    FRANKFURT—Volkswagen Chief Executive Herbert Diess on Thursday said he was confident that Europe's largest carmaker could keep up ...
    October 28, 2021BY Reuters
  • Japan’s Factory Output Extends Declines on Car Production Cuts
    Japan’s Factory Output Extends Declines on Car Production Cuts
    TOKYO—Japan's industrial output fell for the second straight month in August as COVID-19 outbreaks elsewhere in Asia disrupted ...
    September 30, 2021BY Reuters
  • Toyota Cuts Production Target by 3 Percent on Parts and Chips Shortages
    Toyota Cuts Production Target by 3 Percent on Parts and Chips Shortages
    TOKYO—Toyota Motor Corp. cut its annual production target by 300,000 vehicles on Friday as rising COVID-19 infections slowed ...
    September 10, 2021BY Reuters
  • American Airlines to Cut Service Unless More Aid Is Provided
    American Airlines to Cut Service Unless More Aid Is Provided
    American Airlines CEO Doug Parker told CNBC on Thursday that the carrier will be forced to cut service ...
    October 9, 2020BY Tom Ozimek
  • Boeing Set to Announce Significant US Job Cuts This Week: Union
    Boeing Set to Announce Significant US Job Cuts This Week: Union
    WASHINGTON—Boeing is expected to announce U.S. job cuts this week after disclosing last month it planned to shed ...
    May 27, 2020BY Reuters
  • United Cuts May Flights by 90 Percent, Tells Employees to Brace for Job Cuts
    United Cuts May Flights by 90 Percent, Tells Employees to Brace for Job Cuts
    United Airlines said on April 15 that it has cut its flight schedule by 90 percent in May ...
    April 16, 2020BY Reuters
  • Navy Looks for $40 Billion in Cuts to Pay for Bigger Fleet
    Navy Looks for $40 Billion in Cuts to Pay for Bigger Fleet
    The head of the Navy is scouring the ledgers for $40 billion in savings to boost the fleet ...
    February 19, 2020BY Simon Veazey
  • Mercedes-Benz Owner Daimler to Cut 10,000 Jobs: Reports
    Mercedes-Benz Owner Daimler to Cut 10,000 Jobs: Reports
    Daimler said Friday it will cut at least 10,000 jobs worldwide over the next three years amid weakening ...
    November 29, 2019BY Jack Phillips
  • Morrison to Prioritise Planned Tax Cuts
    Morrison to Prioritise Planned Tax Cuts
    Scott Morrison plans to prioritise his promised tax cuts after he settles his new ministry line up, as ...
    May 20, 2019BY AAP
  • OPEC Output Falls Most in Almost 2 Years as Saudi Cuts Begin
    OPEC Output Falls Most in Almost 2 Years as Saudi Cuts Begin
    Before its agreement to cut oil supplies even started, OPEC’s production plunged by the most in almost two ...
    January 3, 2019BY Bloomberg
  • NY Food Pantries Feel the Pain of Food Stamp Cuts
    NY Food Pantries Feel the Pain of Food Stamp Cuts
    NEW YORK—People are asking for extra. Rationing stock so there is enough for everyone in line. Turning those ...
    January 24, 2014BY Kristina Skorbach
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    2hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    3hr By Jacki Thrapp
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    5hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    5hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    7hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    7hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    8hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    12hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    13hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
    19hr By Melanie Sun
    Treasury Department Seeks to Redirect Iranian Assets to Gulf Nations for War Damages
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