In Wealth at Work, a unit that caters to individuals at professional-services firms, several managing directors were cut as part of a broader restructuring of the team. “Leadership changes ...
BP announced on Thursday that it will cut around 4,700 staff, or over 5 per cent of its total workforce, as part of CEO Murray Auchincloss' efforts to reduce costs. BP told staff that 3,000 contractor ...
When it comes to basketball shoes in 2025, all eyes will be on Nike's most recent release. The Nike GT Cut 3 "Blue Fury" sneakers will be on sale in the spring of 2025. But the date and time of the ...
The job cuts are likely unrelated to Amazon's plans to shut down Try Before You Buy, previously known as Prime Wardrobe. This service lets consumers order clothing, try it on, and either send it ...
Alpina is marking 60 years of improving BMWs with the limited edition B8 GT. The €225,000 8-Series Gran Coupe makes 634 hp and is capped at 99 units. On an autobahn the GT can run to 205 mph ...
In brief: Microsoft is implementing new job cuts across its business, impacting employees across gaming, experience & devices, sales, and security divisions. The news arrives just a week after ...
“We must make permanent the 2017 Tax Cuts and Jobs Act,” he added when outlining his goals. When asked about whether he would renew Trump’s tax breaks for billionaires and ...
LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...
Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason. The $600 ...
Pressure is growing to announce radical spending cuts to calm financial markets. The prospect of an emergency spring Budget is mounting. Soaring government borrowing costs have driven up the ...
Microsoft is set to lay off a number of its employees across multiple departments in the weeks ahead, claiming that the cuts are meant to weed out low performers as it ventures deeper into the new ...