Australia's Qantas told to pay $114,000 to 3 sacked workers in landmark outsourcing case
Qantas claims the sackings were warranted as a cost-cutting measure during the COVID-19 pandemic.
Mon Oct 21 2024
Business leaders remain positive on 2021 outlook: Survey
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.
Fri Dec 18 2020
Cathay Pacific to slash workforce, end Cathay Dragon brand due to pandemic
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.
Wed Oct 21 2020
FGV undertakes cost-cutting measures to boost efficiency
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
Wed Mar 01 2017
Boeing internal memo sets details of engineer layoffs in 2017
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.
Wed Jan 11 2017
Malaysia Airlines in talks to rent out A380s for pilgrim flights
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.
Thu Oct 20 2016
Nokia to shed more than 1,000 jobs in Finland
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.
Sat May 21 2016
Avon plans to move headquarters to UK and cut 2,500 jobs
Avon Products Inc plans to eliminate about 2,500 jobs and shift its headquarters to the UK in a cost-cutting move.
Tue Mar 15 2016
Yahoo to announce job cuts: report
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.
Tue Feb 02 2016
Petronas adjusts to "ups and downs" of oil price
Petronas will continue to implement cost-cutting measures in effort to adjust to the "ups and downs" of the current oil price.
Sun Jun 14 2015
Analysis: How to ensure Khazanah's plan for MAS works
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.
Sat Aug 30 2014
Malaysia Airlines logs another profit on cost cuts
Malaysia Airlines said Thursday it recorded its best quarterly result for two years as it continued to push forward with a cost-cutting campaign.
Thu Feb 28 2013
LADP staff to be laid off on New Year's Day as cost cutting measure
Some 160 Los Angeles Police Department employees could be laid off by January 1 under a cost-cutting plan announced by Chief Charlie Beck.
Fri Oct 26 2012
ANALYSIS - Australia legislated a teen social media ban, it has to figure out how to enforce it
The study, will likely set course for lawmakers and tech platforms around the world as they navigate a push to age-restrict social media.
Sat Nov 30 2024
Will the fragile peace between Hezbollah and Israel hold?
Hezbollah continues to claim that it defeated the Israeli military in Lebanon and says its forces will ensure IDF adheres to the ceasefire.
Sat Nov 30 2024
Robotic-assisted prostate cancer surgery, a quick recovery option
Prostate cancer is experienced by one in 120 men in Malaysia, especially those above the age of 50.
Sat Nov 30 2024
Astro AWANI shines with five wins at MPRA 2024
Astro AWANI excels after winning five awards at the Malaysia Public Relations Awards 2024 in Kuala Lumpur
Fri Nov 29 2024
Flood situation continues to worsen, victims exceed 120,000
The flood situation across the country continues to worsen, with the number of victims in nine states reaching 120,272 people
Fri Nov 29 2024
Starbucks serves South Koreans coffee and glimpse into the North
Hundreds show up for the opening of the US coffeehouse chain's newest store in an observatory near the city of Gimpo.
Fri Nov 29 2024
Big tech says Australia "rushed" social media ban for youths under 16
A trial of methods to enforce it will start in January with the ban to take effect by Nov. 2025.
Fri Nov 29 2024
Putin denies he tried to frighten Merkel with dog Koni
Angela Merkel wrote in her new memoir "Freedom" that, Vladimir Putin sometimes brought the pet to meetings with foreign guests.
Fri Nov 29 2024
Vocational college student murder: We saw victim beaten in hostel room - Witness
The prosecution witnesses say they did not report the incident to the hostel warden for fear of being beaten like the victim.
Fri Nov 29 2024
Don't bring small children to observe river water level, say - Police
State police chief Datuk Mohd Yusoff Mamat urges the public to remain vigilant about the rising level of the river.
Fri Nov 29 2024