FedEx shares soared on Friday after the package delivery company late Thursday reported profit that exceeded analysts' expectations, as cost cutting efforts offset a decline in revenue.
Are rate cuts being overestimated? If so, looking at active ETFs could
The Big Four accountancy firms are cutting costs and jobs in response to a
Apple will bring the M4 chips in 2025, and we see a delay or skip for this year.
Dell Technologies reduced its workforce as part of a broader initiative to cut costs that included limiting external hiring and employee reorganizations, it said in a filing on Monday. As of Feb. 2, 2024, it had nearly 120,000 employees, down from about 126,000 a year earlier. The layoffs come after sluggish demand for its personal computers for nearly two years partly contributed to a 11% drop in revenue in fourth-quarter earnings posted last month. Dell expects net revenue in its client...
Apple is launching the new iPads for 2024 this April after seeing delays in March.
Deloitte has launched the largest restructuring of its global operations in ten years, according to a Financial Times report. The Big Four firm aims to save expenses and simplify the organisation in the face of an anticipated slowdown in the market, the report added.As part of the plan, Deloitte’s main business units will be cut to four—audit and assurance; strategy, risk and transactions; technology and transformation; and tax and legal—from the five the firm has had since 2014, the FT report...
Deloitte has launched the biggest overhaul of its global operations in a
Fed officials, who have a dual mandate to maintain price stability and maximum employment, are widely expected to leave rates unchanged at a two-decade high for a fifth month at next week’s meeting
Apple has been forced by the EU to allow app purchases and installs without the App Store. The effort to enable the capabilities as securely as possible has been massive. The details continue to evolve based on developer arms regulatory feedback, and many more changes for EU customers are planned over the next year. Still, Apple continues to express concern that the Digital Markets Act that enforces all these changes could come at a cost. more
TORONTO — To continue keeping costs down for families and businesses, the
Dell has confirmed reducing its workforce to cut costs Apart from reducing the workforce Dell also revealed in a filing that it had limited external hiring As per Reuters report Dell had nearly 120000 employees as of February 2 2024 which is down from the total 126000 employees it had earlierIn its filing Dell has said that it is cutting jobs because not many people have been buying its computers for almost two years This lack of demand has led to a decrease of 11 per cent in the money the...