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 drastic measure is aimed at reducing costs by one billion…
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cost reduction
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…
Data management is the way to the success of the banking sector
The CEO of BBVA, Onur Genç, warns that the banking sector will succeed in competing with the new digital operators if it "hurry up" in the data management process, since its proper use will allow it to reduce its delinquency rates to zero,…
Bolivia will launch fiber optic network across the Pacific
The Internet connection, as well as the offer of telephony service and the creation of data networks will be optimized from the implementation of the fiber optic network in Bolivia as of August of this year.
According to the manager of the…
AVON seeks to reduce costs to resume the market
Thousands of women made the sale of cosmetics by AVON catalog the source of income to support the family. The dynamic consisted in the selection of the product by the client through printed material, which was then processed by the…
Blockchain continues to change the financial scenario
The projections for this year and for the long term with regard to blockchain technology in the banking sector are positive. Analysts believe that more than 50% of banks and financial institutions will use it widely by 2020.
It will be…
China opens first hotel managed by robots
The Flyzoo hotel, inaugurated in China, is managed by artificial intelligence and robots which carry on functions that used to play humans, such as room service, registration at the lobby, temperature control and lighting, among others.…
Deutsche Bank studies merger with Commerzbank this year
European banks are hit hard after word of the merger intentions between Deutsche Bank - the main German - and Commerzbank. According to the Bloomberg agency, the somewhat desperate initiative has the support of Angela Merkel's government.…
Eco-friendly crypto mining project to launch in Malaga
In Málaga, Spain, will be settled an eco-friendly crypto farm for mining. This is a project recently presented by the Spanish company CryptoSolarTech to establish this center that will work without generating additional costs thanks to the…
Payment of international loans with Bitcoins
Hyperinflation is one of the main factors that affect the granting and collection of bank loans. In this sense, the German BitBond online bank takes a step forward in terms of support and security by offering an international payment…