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
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 []
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a U.S. media report.Elon Musk's EV company, which moved earlier this month to cut more than 10 percent of its 140,000 employees, will disband two departments and lay off most of the employees from the groups, reported the Information late Monday.The online technology publication quoted from a Musk email in which he vowed to be "absolutely...
Tesla plans hundreds of additional job cuts beyond a recent company-wide layoff as it cracks down on costs in a tough electric vehicle market, according to a US media report.Tesla last week reported a 55 percent drop in quarterly earnings to $1.1 billion, reflecting a decline in EV sales in a market with intensifying competition.
3M said its dividend payout ratio is expected to be 40% of adjusted free cash flow, with a potential to increase over time following the spin off of its healthcare business. The company has benefited from steady price increases across categories, which have helped it offset inflation and slow demand in its electronics business. "We improved performance in our businesses through strong operational execution, completed the spin-off of Solventum, and finalized two major legal settlements,"...
China is smashing renewable energy out of the park, headed for 4x the total wind and solar power of the US. What’s the scam?
The cost of living means family house rules now include always turning off
The Biden administration has finalized a new rule for land management, despite facing opposition from private industries and Republicans.
Whenever SpaceX rockets blast off from the sandy property that Elon Musk controls near Brownsville, the road to Boca Chica Beach—including Boca Chica State Park—closes by order of the county judge (as well as other days when the company deems it necessary). At times, rockets have exploded and showered down debris on public and private […]
Getir, the Turkish grocery delivery company that soared in value during the pandemic, is reportedly grappling with the need to cut costs and restructure as demand for its services wanes. Investors are pushing for significant changes within the company, including asset sales and market exits, Bloomberg reported Thursday (April 18), citing unnamed sources. Getir did not immediately […]
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
Chemists invented PFAS in the 1930s to make life easier: Nonstick pans, waterproof clothing, grease-resistant food packaging and stain-resistant carpet were all made possible by PFAS. But in recent years, the growing number of health risks found to be connected to these chemicals has become increasingly alarming. PFAS – perfluoroalkyl and polyfluoroalkyl substances – are now either suspected or known to contribute to thyroid disease, elevated cholesterol, liver damage and cancer, among other...