Article Related To cost cut

Qantas claims the sackings were warranted as a cost-cutting measure during the COVID-19 pandemic.

Business leaders remained sanguine in the outlook going into 2021 due to the implementation of cost-cutting measures as well as the availability of various financial support programmes.

Overall, it will cut 8,500 positions, or 24% of its normal headcount, but that includes 2,600 roles currently unfilled due to cost reduction initiatives.

Felda Global Ventures Holdings Bhd (FGV) is undertaking improvement initiatives which includes further cuts in general administration costs in an effort to boost efficiency for the current financial y

The reductions, disclosed in an internal memo seen by Reuters, also include dozens of job categories eligible for voluntary layoffs in Washington state, southern California and South Carolina.

Malaysia Airlines has six of the world's biggest jetliners but says the Airbus jet does not make economic sense for it at a time when it is cost-cutting as part of a restructuring.

Mobile phone giant Nokia is to cut more than 1,000 jobs in Finland, the company announced Friday, as part of cost-cutting measures following its merger with Alcatel-Lucent.

Avon Products Inc plans to eliminate about 2,500 jobs and shift its headquarters to the UK in a cost-cutting move.

Yahoo chief executive Marissa Mayer will lay out a cost-cutting plan that includes chopping 15 percent of the work force, an estimate 1,600 positions.

Petronas will continue to implement cost-cutting measures in effort to adjust to the "ups and downs" of the current oil price.

For cost-cutting to happen, MAS staff need to pull up their socks and be both productive and cost-effective. With 20,000 employees, MAS undoubtedly has a bloated workforce.

Malaysia Airlines said Thursday it recorded its best quarterly result for two years as it continued to push forward with a cost-cutting campaign.

Some 160 Los Angeles Police Department employees could be laid off by January 1 under a cost-cutting plan announced by Chief Charlie Beck.

Donald Trump says he would impose the tariffs until China stops the flow of illegal drugs, particularly fentanyl, into the United States.

Topping the demands of Khan's Pakistan Tehreek-e-Insaf (PTI) party is the release of all its leaders, including Khan, who has been jailed on a series of corruption charges since August 2023.

The report highlights that "60 per cent of all female homicides" are committed by "people closely related to them".

Two subsea cables, one linking Finland and Germany and the other connecting Sweden to Lithuania, were damaged in less than 24 hours.

It is clear that adding more lanes and highways doesn't work, because we are still attempting the same approach to solve the issue.

This investment includes efforts to upgrade INOKOM's existing assembly capacity to meet Hyundai's automotive needs.

'C4Cinta', directed by young filmmaker Karthik Shamalan, has set a new benchmark in Malaysian Tamil cinema.

The court denied bail and scheduled case mention on Feb 7 for the submission of forensic, autopsy, and chemist reports.

The classroom assessment approach offers a much more interesting learning ecosystem, says Fadhlina Sidek.

Google and Meta says the government should wait for the results of an age-verification trial before going ahead.