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What's the impact in CT of toolmaker Stanley Black + Decker's cost cutting?
Stamford Advocate· 20 hours agoDuring an earnings call on Thursday morning, executives at toolmaker Stanley Black + Decker touted...
Luminar cuts 20% of staff and outsources lidar production
TechCrunch· 7 hours agoLidar company Luminar is slashing its workforce by 20% and will lean harder on its contract...
Barclays (BCS) Initiates Job Cuts Across IB & Research Units
Zacks via Yahoo Finance· 13 hours agoBarclays (BCS) begins to implement job cuts across IB and research division as part of its 2 billion...
UBS Group (UBS) Plans to Reduce Cost in Asset Management Unit
Zacks via Yahoo Finance· 12 hours agoThe bank stated that achieving cost savings was a "critical component" of its strategy and it...
Stellantis hires $53K-per-year engineers in Brazil, India, Morocco to cut costs
Detroit News· 2 days agoStellantis NV has moved to recruiting a majority of its engineering workforce in countries like...
Cue Health cuts 49% of staff in latest cost saving strategy
Modern Healthcare· 11 hours agoBiotech company Cue Health plans to cut 230 employees, or 49% of its staff, the organization said in a Securities and Exchange Commission filing May 1, marking its fifth round ...
Luminar to cut nearly 20% jobs as part of restructuring
StreetInsider· 42 minutes agoAs of December last year, the company had nearly 800 full-time employees in the U.S., Germany, Sweden, India and China. Luminar is also looking to sub-lease some of its facilities in portions ...
BNP Weighing Up to 150 Job Cuts in Geneva to Slash Costs
Bloomberg· 14 hours agoBNP Paribas SA is considering eliminating as many as 150 jobs in Geneva in a bid to cut costs and...
TGI Fridays operator Hostmore narrows losses after cost-cutting
PA Media: Money via Yahoo Finance· 19 hours agoNevertheless, it heavily reduced its pre-tax losses to £25.5 million from £108.3 million a year...
Moderna Focused on Cutting Costs, RSV Vaccine
Bloomberg· 2 days agoModerna Chief Executive Officer Stéphane Bancel talks about how the biotech giant is cutting costs and developing new vaccines. The drugmaker expects to...