cost base

An Australian online retailer has slashed jobs for the second time in less than six months, announcing it is cutting 23 per cent of its workforce.Redbubble, an online arts and craft marketplace, announced the new round of cost-cutting in a…

An ASX-listed mega building company is laying off 10 per cent of staff as the construction industry teeters amid tough market conditions. On Tuesday, Melbourne-based residential builder Simonds Group put out an ASX announcement with vague…

A start-up backed by business giants has let go 22 per cent of its staff just ahead of Christmas. Willow, a property and infrastructure start-up which creates digital representations of companies’ physical assets, announced on Friday it has…

An expert has warned that the Medibank cyber security breach could cost the company a whopping $150 million. It’s the latest piece of bad news for Medibank following the hack of its customer data, which has seen the ASX-listed company pause…