Tag: cuts
Price cuts cause Tesla’s quarterly profit to collapse
Tesla The electric car manufacturer cannot convince with its quarterly figures. (Photo: Reuters) austin Significant price reductions have caused Tesla’s profit to fall sharply at the beginning of the year,…
EY cuts 3,000 jobs in the US
EY company building The company is suffering from the declining consulting business. (Photo: Reuters) Dusseldorf The auditing and consulting company EY has announced extensive job cuts in the USA. The…
Deutsche Bank cuts loans to fossil fuel companies
Deutsche Bank in Frankfort Deutsche Bank financed fewer oil, gas and coal companies last year (Photo: imago images/Jan Huebner) Frankfurt Last year, Deutsche Bank financed fewer fossil-fuel companies and projects…
New price cuts at Tesla possible: Analysts expect adjustments
new York Tesla plans to present new quarterly figures in a week. If US analysts have their way, the group is likely to announce further price cuts soon. Several analyzes…
Elon Musk did it! Twitter cuts support for free API
at the beginning of this year twitterannounced several changes to its API after it banned developers from creating third-party apps with it. Along with these changes, the company introduced paid…
Oil prices rise sharply after OPEC+ announced production cuts
oil production According to one analyst, the cut in oil production could cause the price of oil to rise by $10 a barrel. (Photo: dpa) Dubai Oil prices reacted to…
Oil prices rise sharply after OPEC+ announced production cuts
oil production According to one analyst, the cut in oil production could cause the price of oil to rise by $10 a barrel. (Photo: dpa) Dubai Oil prices reacted to…
Oil prices rise sharply after OPEC+ announced production cuts
oil production According to one analyst, the cut in oil production could cause the price of oil to rise by $10 a barrel. (Photo: dpa) Dubai Oil prices reacted to…
UBS and Credit Suisse are threatened with immense job cuts and legal trouble
UBS and Credit Suisse logos After the emergency merger, there is a risk of trouble: the Swiss federal prosecutor wants to examine the processes for criminal violations. (Photo: REUTERS) Frankfurt…
Apobank boss Matthias Schellenberg agrees to job cuts
Matthew Schellenberg The head of Apobank is trying to further reduce the costs of the money house. The cost-income ratio is comparatively high at almost 76 percent. (Photo: Apobank) Frankfurt…
After job cuts at Gruner + Jahr: Bertelsmann achieves record sales
Dusseldorf After the job cut at the traditional publishing house Gruner + Jahr (G+J), the owner Bertelsmann announces the highest turnover in its history. Last year, the media group generated…
After job cuts at Gruner + Jahr: Bertelsmann achieves record sales
Thomas Rabe The Bertelsmann CEO spoke of successes in the restructuring of the group. (Photo: IMAGO/IPON) Dusseldorf After the job cut at the traditional Hamburg publishing house Gruner + Jahr…
Second wave of layoffs at Amazon: Online giant cuts 9,000 jobs
Amazon The online retailer is again cutting 9,000 jobs. (Photo: dpa) san francisco The world’s largest online retailer Amazon starts the second wave of layoffs within a few months. CEO…
Second wave of layoffs at Amazon: Online giant cuts 9,000 jobs
Amazon The online retailer is again cutting 9,000 jobs. (Photo: dpa) Seattle As the second major US technology group, Amazon is again putting thousands of employees out of the door.…
Varta announces austerity measures including job cuts
Varta headquarters The battery manufacturer is under great pressure to restructure. (Photo: dpa) Munich The Swabian battery manufacturer Varta has to save drastically under pressure from the banks – and…
Varta announces austerity measures including job cuts
Varta headquarters The battery manufacturer is under great pressure to restructure. (Photo: dpa) Munich The Swabian battery manufacturer Varta has to save drastically under pressure from the banks and also…
“Milestones not reached” – Supervisory Board cuts bonuses
Christian Sewing The salary of the head of Deutsche Bank has recently increased. (Photo: IMAGO/Political Moments) Frankfurt In the opinion of its supervisory board, Deutsche Bank is not making progress…
US Banking Giant Cuts Ties With UK-based Cryptocurrency Company
US banking giant State Street has decided to cease operations in partnership with London-based crypto custody service Copper. In a recent statement by a State Street spokesperson, it was stated…
TAG devalues real estate significantly, Grand City Properties cuts dividends – prices collapse
Apartments in Berlin The papers of residential real estate groups are under pressure. (Photo: IMAGO/Jochen Eckel) Dusseldorf One day before the annual figures of the largest German residential real estate…
Facebook group Meta cuts another 10,000 jobs
Meta office in Brussels The Facebook group feels the reluctance of advertisers who pay more attention to their money. (Photo: Reuters) Austin, Dusseldorf Meta boss Mark Zuckerberg has proclaimed 2023…