Tag: cutting
Klarna is cutting jobs, there is a risk of a valuation discount
“When we made our business plans for 2022 last fall, the world looked very different than it does today,” explained Klarna boss and co-founder Sebastian Siemiatkowski at the beginning of…
Without ECB negative interest, some financial institutions are cutting custody fees
Frankfurt The European Central Bank (ECB) has nurtured hopes of an imminent turnaround in interest rates. Step by step, it should then also do without the negative interest rates for…
Cutting Trees After Fire Damages Ecosystem
In the last summer, approximately 203,000 hectares of land was burned in fires in Turkey. While the greening works in the fire areas continue, scientists announced that the cutting of…
Unilever is cutting 1,500 management jobs and planning restructuring
Job cuts at Unilever London The consumer goods group Unilever is repositioning itself and is separating from 1,500 executives. Around 15 percent of all employees in upper management are affected…
Poland is cutting VAT in the fight against inflation
Market in Poland The prices of goods in the country have been rising incessantly for months. (Photo: Bloomberg) Berlin The Polish government removes VAT on food, gas and fertilizers. The…
Online Music Cutting Program Recommendations
Although the number of digital music listening platforms is increasing day by day, there are many users who store and edit music files in MP3 and similar formats. Instead of…
China is cutting subsidies for e-cars in the new year
Inside Auto Shanghai 2021 China, the world’s largest car market, has set a target of 20 percent alternative drives in car sales by 2025. (Photo: Bloomberg) Beijing China will cut…
Online Laser Cutting Service That Turns Projects into Reality
The most challenging aspect of bringing any project to life is producing prototypes. Because laser cutting for small jobs is quite painful. The website CadCut.co offers an impressive solution to…
Joe Biden is apparently cutting down investment package
Joe Biden The investment program is now expected to be significantly smaller than previously planned. (Photo: AP) Washington In response to pressure from parts of his party, US President Joe…
Siemens Energy is cutting fewer jobs in Germany
Siemens Energy According to information from the Handelsblatt, the downsizing is somewhat milder at the central locations of the power plant division. (Photo: imago images / imagebroker) Munich After a…