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
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
The Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees impacted nor the teams involved. The layoffs follow a slew of job cuts across Google, and the tech and media industry this year, adding to fears that layoffs may continue as companies grapple with economic uncertainty. Employees across several of Google' teams in its real estate and finance departments have been...
Watford manager Tom Cleverley was fuming to see his side concede in the 99th-minute against Southampton on Saturday, despite seeing seven minutes of extra-time added. Southampton gained yet more ground on their automatic promotion rivals over the weekend, beating Watford 3-2 after seeing all of Leicester City, Leeds United and Ipswich Town drop points. Russell Martin’s side threw away a two-goal lead at St. Mary’s but won it in dramatic fashion through Flynn Downes. Downes appeared to handle the...
The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. They did so to control costs during an uncertain economic climate in which investors are unsure if the Federal Reserve will cut interest rates later this year, Reuters reported Tuesday (April 16). Citigroup made the biggest reduction, eliminating some 2,000 jobs during the […]
Tesla Inc. is reportedly set to lay off 693 employees at its Nevada facilities as part of the 10% layoff announced by the company. read more
The South Asia bureau chief of ABC News said she was told by a foreign ministry official that her reporting on a Sikh separatist’s killing ‘crossed a line’.
Located at the heart of the city centre, Trinity is Leeds’ premier shopping centre with hundreds of shops to browse and cuisines to taste and last year celebrated its 10th birthday. Openings include at the highly popular Apple Store. ROX Leeds - Store Manager Contract: Competitive Salary + OTE + Benefits + Incentives Rox are looking for a confident, fashion savvy, enthusiastic manager with a real passion to succeed. Ready to motivate, coach and support a team of professional sales advisors in...
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...
Google layoffs: Tech giant Google announced major restructuring plans that could result in some employees getting fired, as per a report. Ruth Porat, chief financial officer at Google, sent a memo to employees informing them about company’s new plans, CNBC reported. What memo said on Google's restructuring plans?Ruth Porat wrote in the memo as per the report, “The tech sector is in the midst of a tremendous platform shift with Al. As a company, this means we have the opportunity to make more...
NANTICOKE, LUZERNE COUNTY (WBRE/WYOU) — All over the country we have been seeing high school graduates opt for certifications or shortened degrees more than ever. It's certainly a great option and a local community college is taking advantage of the trend, showcasing its two-year programs in an open house Wednesday night. 28/22 News Reporter Emily []
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.