Dell reduces workforce as part of broader cost cuts
DELL Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and ...
Tag: Cost
Top Glove Q2 loss shrinks to RM51.2 million on cost optimisation initiatives
GLOVE manufacturer Top Glove Corporation on Wednesday (Mar 20) narrowed its losses by 68.9 per cent for the second quarter ...
Unilever to spin off ice cream unit, cut 7,500 jobs for cost savings
UNILEVER said on Tuesday (Mar 19) it would spinoff its ice cream unit, home to popular brands such as Magnum ...
Hapag-Lloyd to seek cost cuts after net profit slump
GERMAN container shipper Hapag-Lloyd on Thursday (Mar 14) said global vessel oversupply and a crisis in the Red Sea will ...
Shell to cut about 20% of jobs in deals team amid push for cost savings
SHELL will eliminate at least 20 per cent of jobs in its deals team as the company continues to restructure ...
BNP Paribas hikes cost cuts by 400 million euros after weak results
BNP Paribas, the eurozone’s largest bank, on Wednesday said it will step up its cost-cutting plan by 400 million euros ...
Scoot looks to raise top line to tackle cost pressures
CONSTRAINED by the extent of cost reductions, Singapore Airlines’ (SIA) budget arm Scoot strives to raise revenue from seats sold ...
Brokers’ take: Citi downgrades SIA to ‘neutral’ on higher cost assumptions
CITI Research is expecting Singapore Airlines’ (SIA) share price to remain under pressure heading into the final quarter of its ...
Brokers’ take: Proposed policy changes could drive cost savings for ComfortDelGro
SINGAPORE’S planned changes to its regulations for the point-to-point transport services sector are expected to be a boon for the ...
Yeo Hiap Seng H2 profit jumps 183% to S$3.4 million on cost optimisation
FOOD and beverage player Yeo Hiap Seng on Thursday (Feb 29) posted a 183 per cent rise in its net ...
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