Westpac to cut 1,500 jobs, simplify operations: report

Westpac to cut 1,500 jobs, simplify operations: report

The company says it regularly adjusts its workforce based on shifting investment priorities Published Wed, May 21, 2025 · 07:44 AM [BENGALURU] Westpac Banking Corp (Westpac) is planning to cut more than 1,500 jobs to meet cost reduction targets and simplify operations, the Australian Financial Review (AFR) reported on Tuesday (May 20). The job cuts…

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Chanel profit tumbles as luxury industry downturn hits sales

Chanel profit tumbles as luxury industry downturn hits sales

[PARIS] Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit slid 30 per cent to US$4.48 billion as revenue fell 4.3 per cent on a comparable basis, it said on Tuesday (May 20). The region that…

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George Wendt, Cheers Actor, Dead at 76

George Wendt, Cheers Actor, Dead at 76

Latonya Pottain, My 600-Lb. Life Star, Dead at 40 A beloved sitcom star has died. George Wendt, who played Norm Peterson on the beloved NBC comedy Cheers, passed away peacefully in his sleep at his home May 20, E! News has confirmed. He was 76. “George was a doting family man, a well-loved friend and…

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Crystal Palace vs Wolves Live Streaming: How to Watch the Premier League Match Online in the US, UK and India

Crystal Palace vs Wolves Live Streaming: How to Watch the Premier League Match Online in the US, UK and India

Newly crowned FA Cup winners Crystal Palace will return to Premier League action with a home fixture against Wolves. In this second-to-last round of the league season, Wolves—currently sitting 14th—will travel to face 12th-placed Palace, who recently lifted their first major trophy after beating Manchester City in the FA Cup final. Oliver Glasner’s side has…

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