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.

The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.

Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.

Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.

Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.

The draft finance deal criticised by both developed and developing nations.

This was following the discovery of a suspected prohibited item in luggage.

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.