Ericsson Could Cut 8,500 Jobs Under Cost-Cutting Plans, Reveals Internal Memo
Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters…
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costcutting
PayPal to cut 2,000 jobs in latest tech company cost-cutting
Signage outside PayPal headquarters in San Jose, Calif., is pictured on March 10,…
Amazon axes charity program amid wider cost-cutting moves
In this Feb. 14, 2019 file photo, people stand in the lobby for Amazon offices in…
Google brings Waze and Maps teams together in cost-cutting move
Image: BigTunaOnline/ShutterstockGoogle is bringing the Waze team across to the organization running Google Maps to cut costs.The Wall Street Journal…
Google merges its Waze and Maps teams into one in latest cost-cutting measure
Edgar Cervantes / Android AuthorityTL;DR
Google is still searching for ways to make the company more cost-efficient.
The latest cost-cutting measure will…
Twitter is reportedly failing to pay some suppliers amidst cost-cutting measures
Elon Musk is refusing to pay hundreds of thousands of dollars in travel bills accumulated by Twitter employees before he took over the company, The New York…
Baidu revenue up 2% amid cost-cutting drive
China's major tech companies have been grappling with economic uncertainty, Covid-19…
Amazon shuts online store fabric.com in cost-cutting move
The Amazon logo is displayed on a screen at the Nasdaq MarketSite, July 27, 2018.…
Meta axes yet another flagging Facebook feature in apparent cost-cutting move
Add another victim to Meta’s hit list as the company recently announced it’s shutting down Facebook Neighborhoods on October 1.The shut down notice was…
Wix embarks on cost-cutting quest as economy takes a dive
Popular website builder Wix has begun implementing cost reduction measures in a bid to achieve $150 million in annualized…