costcutting

Shimla: The Congress government led by Chief Minister Sukhvinder Singh Sukhu and the opposition Bharatiya Janata Party (BJP) are at loggerheads over the now scrapped Himachal Pradesh Loktantra Prahri Samman scheme that was introduced by the…

Tencent Holdings on Thursday said it would restrict its focus to its core business, while maintinaing cost-cutting and improving efficiencies, as it reported its first drop in annual revenue to date.The world's largest video game company…

With IPL 2023 returning to home-and-away format, multiple franchises are looking at cutting down on logistics cost and net bowlers are the first casualty.…

After more than a year in beta, Amazon opened their cashier-less grocery store to the publicStephen Brashear | Getty ImagesAmazon plans to close eight of its Go convenience stores, the company said Friday, a decision that coincides with a…

Despite the macro-focus on cost-cutting and reprioritisation of spends, global customers have not yet paused their digital transformation journeys and demand is expected to remain in the near term, said industry leaders speaking during the…

Clients have not yet paused their digital transformation journeys and near-term demand is expected to continue, industry leaders said, despite a focus on cost-cutting and reprioritization of spending globally.They were speaking at the…

Photographer | Collection | Getty ImagesSwedish telecom company Ericsson will lay off 8,500 workers as part of its cost-cutting measures, the company confirmed to CNBC on Friday.Reuters earlier reported on the layoffs, which will affect…

The train derailment in East Palestine, Ohio, that contaminated at least 15,000 pounds of soil and 1.1 million gallons of water earlier this month has brought to light a cost-cutting strategy in the rail industry. The strategy,…

Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. Amazon is ending a charity donation program it ran for a decade in its latest cost-cutting move. In a blog post on Wednesday,…

Microsoft will lay off 10,000 workers in order to reduce costs, the company announced Wednesday in a memo. Some layoffs will happen as soon as Wednesday and will continue through the end of March. “We will align our cost structure…