The serious financial situation that the German Volkswagen is going through could lead to an unusual decision, for the first time in the 87 years of the brand: the closure of plants in the country.
Affected by the increase in competition from Chinese electric car manufacturers, Volkswagen “is…
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Browsing Tag
cost reduction
Barclays studies reducing client portfolio and layoffs
The British bank Barclays is studying a strong restructuring that could include the dismissal of some 2,000 workers in the administrative and technology sectors, as well as the elimination of 2,500 clients among the least profitable.
The…
Meta plans a new round of layoffs
Meta would be preparing a new round of job cuts, according to Financial Times, which points out the delay of the multinational in the preparation of budgets for various teams in this context.
According to two Meta employees familiar with…
Apple could cancel the production of iPhone SE 4
The technology giant Apple would be considering suspending, or at least delaying, the production of the new iPhone SE 4. The reasons would be the fear of a recession in 2023 and to reduce costs.
According to analyst Ming-Chi Kuo,…
Snapchat will cut 20 % of its workforce to save costs
Snapchat announced this week a 20 % reduction in its workforce, of approximately 6,400 workers. The measure seeks to reduce costs and address poor performance during the current quarter.
In statements to Bloomberg, the platform indicated…