Tag:

Cuts

Ebola outbreak sparks alarm as US cuts health support

A growing Ebola outbreak in central Africa has raised concerns among global health experts, who warn that major cuts to US public health funding and international assistance are weakening efforts to contain the virus.

22 May 2026-14:23
Meta boosts AI push with major internal job shifts

19 May 2026-10:56
China signals tariff cuts, advances in farm market access after Trump-Xi summit

China and the United States have agreed to expand agricultural trade through tariff reductions and tackle non-tariff barriers and market access issues, China's commerce ministry said on Saturday after this week's summit in ‌Beijing, opens new tab.

16 May 2026-20:12
Starbucks closes Atlanta, Chicago, and Dallas offices in cost-cutting push

Starbucks has announced the termination of 300 U.S. corporate positions and the permanent closure of several major regional support centers. The downscaling is the latest restructuring maneuver under CEO Brian Niccol as the coffee titan aggressively attempts to strip away structural complexity and return the company to "durable, profitable growth."

15 May 2026-17:57
India's Tata Motors quarterly profit rises on boost from tax cuts

India's Tata Motors (TATM.NS), opens new tab reported a 69.6% ‌jump in fourth-quarter profit on Wednesday, led by strong tax-cuts ⁠driven demand for trucks and buses.

13 May 2026-15:02
Qantas extends flight cuts amid fuel cost pressures

01 May 2026-08:53
Volkswagen struggles deepen as quarterly profit drops

Volkswagen’s future is at risk without additional cost-cutting measures, the struggling German automotive giant warned on Thursday, after reporting a sharper-than-expected decline in profits as mounting headwinds continue to pressure the company.

30 Apr 2026-13:22
Gaming firms may gain billions from AI cost cuts

Artificial intelligence could dramatically reshape the global video game industry, cutting development costs and unlocking as much as $22 billion in additional annual profits, according to a new analysis from Morgan Stanley.

22 Apr 2026-17:24
Meta to cut thousands of jobs in first wave of layoffs

Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, according to three sources familiar with the plans.

18 Apr 2026-12:47
Disney plans up to 1,000 job cuts amid restructuring

09 Apr 2026-08:56

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