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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......»»

Category: topSource: bizjournalsApr 18th, 2024

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.....»»

Category: topSource: businessinsiderMay 13th, 2021

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......»»

Category: topSource: marketwatchMay 13th, 2021

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 .....»»

Category: topSource: marketwatchApr 1st, 2021

Deutsche Bank Cuts Bonus Plans After ECB Objects To Higher Payouts

Deutsche Bank Cuts Bonus Plans Afte.....»»

Category: blogSource: zerohedgeFeb 18th, 2021

Atlanta golf retailer to expand in 2021, leverage Stein Mart bankruptcy

PGA Tour Superstore plans to open at least six new stores in 2021......»»

Category: topSource: bizjournalsFeb 2nd, 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 .....»»

Category: topSource: chicagotribuneMay 14th, 2020

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......»»

Category: topSource: reutersMay 14th, 2020

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......»»

Category: topSource: reutersMay 13th, 2020

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......»»

Category: topSource: reutersMay 13th, 2020

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......»»

Category: topSource: reutersMay 13th, 2020

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......»»

Category: blogSource: 247wallstMay 6th, 2020

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,.....»»

Category: topSource: chicagotribuneMay 6th, 2020

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.....»»

Category: topSource: businessinsiderMay 5th, 2020

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,.....»»

Category: topSource: chicagotribuneMay 4th, 2020

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,.....»»

Category: topSource: chicagotribuneMay 1st, 2020

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......»»

Category: topSource: foxnewsApr 30th, 2020

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......»»

Category: topSource: washpostApr 29th, 2020

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 .....»»

Category: topSource: bizjournalsApr 28th, 2020

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......»»

Category: topSource: foxnewsApr 24th, 2020