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Google Announces Further Hiring And Marketing Budget Cuts

Alphabet Inc's (NASDAQ: GOOG) Google announced Thursday plans to halt hiring and cut down marketing budgets in non-essential businesses in the second half of 2020. read more.....»»

Category: blogSource: benzingaApr 24th, 2020

North Richland Hills to make budget cuts due to COVID-19 crisis

North Richland Hills officials announced the city plans to make budget cuts due to economic loss from the COVID-19 crisis. Budget cuts will be made for all full-time employees, officials said in a news release Thursday. The City will also close n.....»»

Category: topSource: bizjournalsApr 23rd, 2020

UK"s Aston Martin plans to restart St Athan unit, cuts executives" pay

Aston Martin said on Thursday it plans to restart its St Athan factory in south Wales on May 5 and will also resume operations at Gaydon later, after the coronavirus-led shutdowns forced the luxury car maker to suspend production at both sites......»»

Category: topSource: reutersApr 23rd, 2020

GameStop institutes temporary pay cuts, plans re-opening some stores

GameStop Corp. shares pared regular-session losses in the extended session.....»»

Category: topSource: marketwatchApr 21st, 2020

Daimler/BMW"s "FREE NOW" service to restructure, integrate French app Kapten

The 'FREE NOW' taxi ride-hailing service run by Daimler and BMW announced on Thursday a corporate restructuring, which could lead to job cuts, and unveiled plans to merge with French app Kapten......»»

Category: topSource: reutersApr 16th, 2020

WeWork to make further staff cuts by end of May

Despite eliminating thousands of positions in the last six months, WeWork plans to keep cutting. The company will make further headcount reductions by the end of next month, Sandeep Mathrani, the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 15th, 2020

WeWork plans to make further job cuts by end of May, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallApr 14th, 2020

Saudi, others resist Mexican plan to make small oil output cuts - sources

Saudi Arabia and other oil producers in the OPEC+ group pushed back on Friday on a Mexican plan to cut less than requested under plans for global supply curbs, two sources from the OPEC+ group said on Friday......»»

Category: topSource: reutersApr 10th, 2020

Yelp lays off 1,000 employees, furloughs another 1,000

Yelp plans to slash 1,000 jobs, furlough another 1,100 employees and reduce hours for other workers as COVID-19 steals away a large portion of its business, the company told employees Thursday morning. The job cuts and furloughs combined represent r.....»»

Category: topSource: bizjournalsApr 9th, 2020

Factbox: OPEC+ talks face challenges over baseline for cuts and U.S. role

OPEC and its allies hold talks on Thursday to discuss plans for the biggest coordinated oil output cut in history but two hurdles remain: reaching a deal on the levels from which to make reductions and securing the participation of the United States......»»

Category: topSource: reutersApr 9th, 2020

Mortgage help is available for homeowners during the covid-19 crisis

Furloughs, layoffs, reduced wages and commission cuts during the covid-19 crisis have left some unable to make their mortgage payments. There are plans in place from the government and lenders that can help homeowners......»»

Category: topSource: washpostApr 9th, 2020

Marathon Oil cuts capex budget further, plans "frac holidays" in the second quarter

M.....»»

Category: topSource: marketwatchApr 8th, 2020

Exxon cuts capital budget by 30% during coronavirus, makes hand sanitizer ingredient

Exxon Mobil Corp. plans to lower operating spending and reduce its capital budget as the oil company grapples with weaker crude prices......»»

Category: topSource: foxnewsApr 7th, 2020

Oil crash poses severe test for OPEC+ after Moscow, Riyadh miscalculate

U.S. President Donald Trump says he has brokered a deal with Saudi Arabia and Russia that would see sweeping oil output cuts. Riyadh has called for emergency talks, and Moscow has said it no longer plans to hike production in a battle for market share......»»

Category: topSource: reutersApr 2nd, 2020

Aerospace suppliers face bailout dilemma over job cuts

Aerospace suppliers are drawing up plans to lay off workers as coronavirus quarantines cripple their cash balances - but bailout conditions and fears of losing critical skilled labor are forcing managements to juggle survival and future growth......»»

Category: topSource: reutersApr 2nd, 2020

JetBlue to cut flights in and out of hometown New York by as much as 80%

JetBlue Airways Corp plans to reduce daily flights in and out of the four New York City-area airports where it operates by as much as 80% in April as part of wider schedule cuts due to the coronavirus outbreak, a spokesman said......»»

Category: topSource: reutersMar 31st, 2020

Ford to restart U.S. truck plants in April to beat pandemic-linked cash squeeze

Ford Motor Co announced plans on Thursday to shore up its finances amid the coronavirus pandemic, aiming to generate more cash by resuming production next month of its most profitable vehicles while saving money through further cost cuts......»»

Category: topSource: reutersMar 26th, 2020

NuStar to make major spending cuts as broad economic crisis looms

San Antonio pipeline operator NuStar Energy LP is the latest energy company to announce major spending cuts to protect itself from a low price oil market. NuStar (NYSE: NS) plans to reduce projected spending this year by about $100 million and possibly.....»»

Category: topSource: bizjournalsMar 25th, 2020

Occidental Petroleum cuts capex plans and costs further, stock extends bounce off 20-year low

Occidental Petroleum Corp. said Wednesday it will cut its capital expenditure plans for 2020 even further, to $2.7 billion to $2.9 billion, following a sharp decline in.....»»

Category: topSource: marketwatchMar 25th, 2020

Occidental Petroleum plans "significant" salary cuts to executives

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchMar 25th, 2020