• Toshiba mulls cutting thousands of domestic jobs to reduce costs

    Toshiba Corp is considering cutting thousands of workers in Japan as part of efforts to reduce costs and improve business efficiency, sources familiar with the matter said Wednesday. The job cuts, mainly targeting the company's back-office departments, are expected to be included in its business strategy due to be announced

  • P&G raises annual core profit forecast on price hikes, easing costs

    (Reuters) -Procter & Gamble raised its annual core profit forecast on Friday, as it benefits from easing commodity costs and higher product prices of its cleaning and household items.

  • Google layoffs: Tech giant undertakes fresh job cuts in cost optimisation push

    Technology giant Google is executing fresh layoffs in a bid to cut costs. The layoffs have impacted staff across Google’s real estate and finance departments, as per a Business Insider report. In the finance department, employees were let go in treasury, business services, and revenue cash operations.Google's finance chief Ruth Porat, in an email to staff, said that Google would build out its “growth hubs” in locations such as Bangalore, Mexico City, and Dublin as part of the restructuring, the...

  • How innovative job platform puts an end to ‘jobs for the boys’ and makes roles more accessible

    OFTEN finding your dream job can be about who you know, not what you know. Candidates are nine times more likely to be hired when another employee refers them – but what if you don’t know any

  • Take-Two Interactive cuts 5% of workforce, shutters projects amid cost-cutting measures

    An SEC filing made by Take-Two reveals that it expects the cost-cutting efforts, which it calls "rationalizing its pipeline" and "streamlining its organizational structure," to incur costs of up to $200 million, including $35 million from employee-related costs and $140 million from canceled projects. There are also $15 million toRead Entire Article

  • Google restructure leads to job cuts

    Alphabet's Google trimmed an unspecified number of employees from its workforce, a move it stated is part of a wider restructuring intended to simplify operations and increase efficiency.

  • CEOs Got Raises As They Cut Workers’ Pay

    New data show the corporate pay gap is widening — now lawmakers are proposing a crackdown.

  • Posti plans nearly 300 job cuts

    The restructuring plans were due to reduced demand, not external factors like the labour market situation, the company said.

  • Tech layoffs: Google and Rivian both cut jobs

    The job cuts continue at Google and Rivian as both companies further trimmed their workforces Wednesday, part of a larger trend of layoffs in the tech industry this year. Google laid off an unspecified number of workers, though the cuts were not company-wide. The company classified them as a reorganization that was part of the normal course of business. Affected employees will be able to apply for internal roles. Google did not confirm or deny a report from Business Insider that teams in...

  • Salem-Keizer Schools Looking at Hundreds of Job Cuts

    SALEM, Ore. — The Salem-Keizer school board and administration are preparing for $71 million in cuts in next

  • Biden administration raises costs of public lands drilling

    Welcome to The Hill's Energy & Environment newsletter {beacon}   Energy & Environment Energy & Environment   The Big Story Interior makes it costlier to drill on public lands The Interior Department finalized a new federal rule Friday that's expected to raise the price for drilling on public lands. © AP Photo/David Zalubowsk Several of

  • Interior cuts costs for wind, solar on public lands

    Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment   The Big Story Interior cuts costs for wind, solar on public lands The Biden administration has finalized a rule that's expected to make it cheaper to develop wind and solar energy on public lands. © AP Photo/Rick Bowmer The