#cost-cutting
Latest news and interesting information about cost-cutting.
UBS Downgrades Verra Mobility on Avis Loss
UBS downgrades Verra Mobility after Avis contract termination, slashing price target to $4. Stock down 71% in a week.
Meituan Shares Hit 2-Year Low After Layoff Denial
Meituan shares hit a 2-year low after denying massive layoff rumors. The Chinese food delivery giant faces investor caution and rising competition.
StanChart to cut 7,000 jobs, shift to AI
Standard Chartered plans to cut 7,000 jobs, shift to AI. The bank aims to reduce costs and boost profitability by 2030.
StanChart to Cut Over 7,000 Jobs by 2030
StanChart announces job cuts of over 7,000 by 2030, raises profitability target.
Mitsubishi Chemical Q4 2025 Misses EPS, Stock Rises
Mitsubishi Chemical Q4 2025 misses EPS but stock rises 13.54% on revenue beat and cost cuts. Strong Industrial Gases segment helps offset losses.
IKEA franchisor cuts 850 jobs amid cost-cutting drive
Inter IKEA cuts 850 jobs as consumer spending falls. Read more on Bond.az.
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