#cost-cutting

#cost-cutting

The discount carrier is unlikely to break even this year, prompting new cost-cutting measures amid decreased travel demand and ongoing reliance on borrowed cash.

TikTok is taking new steps to squeeze out a return, including layoffs and stricter rules, as its US e-commerce business faces significant challenges.

The layoffs will streamline operations, centralizing key functions and reducing costs, as part of an effort to improve profitability and efficiency at Match Group.

The decline in META stock highlights the challenges facing the company as it navigates slowing advertising revenue, regulatory pressures, and rising operational costs.

UPS plans to cut 20,000 jobs in 2025 as part of a major restructuring to reduce costs and improve efficiency, amid soft market demand.

The Trump administration is slashing federal spending on consultants. Business Insider crunched the DOGE receipts to calculate how many contracts have been cut.

When Trump allies brag that the president has brought 'the best and the brightest' to the White House, the phrase is apt, but not in the way they mean.

The jobs cull from the government's radical restructuring of the NHS will be at least twice as big as previously thought, with other parts of the health service now being downsized too.