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Meow Wolf CEO: Expansion plans "unaltered" by cuts; Meow Wolf Workers Collective responds
Meow Wolf's CEO said expansion plans remain on track after recent staff and expense cuts, which he told Business First were driven by two primary considerations......»»
Whole Foods plans layoffs as part of reorganization involving merchandising, operations, HR, and tech teams
The company said it expects layoffs to impact a small percentage of employees and won't involve cuts from individual stores or distribution centers. Alex Tai/SOPA Images/LightRocket via Getty Images Whole Foods is layin.....»»
Earnings Results: Aurora Cannabis stock plunges amid more large losses, stock-sale plans and cost cuts
Aurora Cannabis Inc. reported another large quarterly loss Thursday, and announced more cost-cutting, share-sale plans and executive changes as shares plunged in late trading......»»
Oil gives up nearly all of its gains on reports OPEC+ plans to ease output cuts
Oil futures gave nearly all of its gains in Thursday dealings. The Organization of the Petroleum Exporting Countries and their allies have reached a .....»»
Deutsche Bank Cuts Bonus Plans After ECB Objects To Higher Payouts
Deutsche Bank Cuts Bonus Plans Afte.....»»
Atlanta golf retailer to expand in 2021, leverage Stein Mart bankruptcy
PGA Tour Superstore plans to open at least six new stores in 2021......»»
Rush hospital system latest to make cuts amid COVID-19 financial struggles
The Rush University System for Health plans to not give raises this year and is asking executives to take .....»»
Exclusive: Renault to discontinue Espace model as carmaker cuts costs - sources
Renault is preparing to substantially reduce its vehicle range, withdrawing well-known but ailing models like the Espace minivans, as part of looming cost cutting plans, four sources in the industry and close to the French carmaker said......»»
Airbus examining restructuring including job cuts -sources
Airbus is exploring restructuring plans involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said, though no decision is imminent......»»
Airbus examining restructuring including job cuts: sources
Airbus is drawing up plans for a restructuring involving the possibility of "deep" job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, industry sources said......»»
Nissan plans $2.8 billion in cuts as part of restructuring plan: Bloomberg
Nissan Motor Co plans to cut $2.8 billion in annual fixed costs as part of its restructuring plan, Bloomberg News reported on Wednesday, as it braces for a drop in sales that could complicate its recovery from years of poor profitability......»»
Uber’s Newest Wave of Cost-Cutting Measures Ahead of Earnings
Uber announced Wednesday that it plans to take more actions to cut costs in regards to the COVID-19 pandemic, including layoffs and executive pay cuts......»»
Union files lawsuit to halt United’s plan to reduce 15,000 airport workers’ hours as coronavirus cost cuts continue
United Airlines plans to slash 15,000 airport workers' hours to part-time,.....»»
Airbnb is cutting 25% of staff — 1,900 jobs — after its business has been slammed by the coronavirus crisis
Mike Segar/Reuters Airbnb announced Tuesday it's cutting 25% of its staff, or about 1,900 jobs. The cuts are meant to refocus the company on its core business of home sharing; the company plans to pause or cut back other e.....»»
Union considering lawsuit after United reduces hours for 15,000 airport workers as coronavirus cost cuts continue
United Airlines plans to slash 15,000 airport workers' hours to part-time,.....»»
United reduces hours for 15,000 airport workers to part-time as coronavirus cost cuts continue
United Airlines plans to slash 15,000 airport workers' hours to part-time,.....»»
ConocoPhillips to sharply cut oil production as low prices hit earnings
The world's largest independent oil and gas producer plans to curtail output by a further 40,000 barrels per day in May and bring its total cuts to 460,000 barrels per day by June......»»
Boeing plans to slash 10 percent of its workforce amid pandemic fallout, Max grounding
The job cuts will heavily impact the Seattle and Renton, Wash. areas, where Boeing has most of its commercial division employees based......»»
Safety sells for 3M, but not Post-Its, so the company plans cost cuts
3M Co. posted better-than-expected sales and earnings for the first quarter, helped by a boost in sales of safety equipment, cleaning supplies and filters during the Covid-19 pandemic. But sales in other areas dropped, and the manufacturer said it .....»»
Freeport-McMoRan plans cost cuts after coronavirus loss
The company said it plans to cut $800 million, or about 30%, of its planned capital expenditures for the year......»»