Intel’s Cost-Cutting Strategy: Job Cuts and Dividend Suspension Amid AI Market Struggles
Intel's CEO Pat Gelsinger announces a drastic plan to cut costs by over $10 billion next year, which includes...
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Intel's CEO Pat Gelsinger announces a drastic plan to cut costs by over $10 billion next year, which includes...
Lead: Whitbread, the owner of Premier Inn, is set to slash 1,500 jobs in the U.K. as part of...
Lead: The Royal Mail is set to undergo a major transformation, with up to 1,000 voluntary redundancies expected as...
Lead: Anglo American is set to reveal its 2023 financial results, with analysts predicting a significant decline in revenue,...
Bluejay Mining, a mining company focused on Greenland and Finland, has cut 80% of its employees and contractors as...
UBS Group, the Swiss bank, reported its second consecutive quarterly net loss due to expenses related to its takeover...
CMC Markets, an online trading platform, is cutting 200 jobs in an effort to save costs. The company plans...
The U.K. communications regulator, Ofcom, has stated that the Royal Mail could save up to £650 million ($824.7 million)...
Etsy, the online marketplace operator, is set to cut 11% of its workforce, or about 225 employees, as part...
Pfizer's stock hits a 10-year low as the pharmaceutical company revises its 2024 guidance, with earnings and revenue projections...