Browsing Tag

costs

On Sunday, February 9, it was learned that the President of the United States, Donald Trump, ordered the Secretary of the Treasury, Scott Bessent, to stop the production of one-cent coins, considering this high cost a waste for the nation. Trump said, during his return to Washington from the Super…
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Paypal laid off about 2,500 employees

PayPal, the global digital payments giant, would have laid off about 2,500 employees today, in order to reduce operating costs and maximize profit margins. PayPal cuts payroll An employee of the company who attended a meeting confirmed…

Massive layoffs among US tech giants continue

The massive job cuts among the big US technology companies have gained new intensity in the last week, after the announcement of thousands of layoffs by Microsoft and Google, and the communication of the departure of thousands of workers…

Big crypto companies leave China

Large cryptocurrency companies began their withdrawal from China "from where around 60 % of bitcoin was extracted until June", due in the first place, to the forceful regulations imposed by the country on the digital asset market and…

BMW seeks to reduce manufacturing costs by 25 %

The German car manufacturer BMW announced that it will keep cuts due to the crisis caused by the pandemic and the high prices of raw materials. They will reduce production costs per vehicle by 25 % until 2025. Production manager Milan…

2021 Olympics may be the most expensive in history

Japan's Prime Minister Yoshihide Suga indicated that the Tokyo 2021 Olympics and Paralympics will go ahead this summer despite concerns about rising coronavirus cases. Covid-19 cases increased in Japan in recent days and Tokyo reported…