BP plc is set to reduce its global workforce by 4,700 employees and cut 3,000 contractor positions as part of its cost-cutting strategy. The company anticipates a drop in fourth-qu...
Microsoft Corp. has announced a temporary hiring freeze in its US consulting unit as part of its cost-cutting strategies. Employees are encouraged to use virtual meetings to save o...
Volkswagen and IG Metall union have reached an agreement to prevent job losses and factory shutdowns, following intense negotiations and nationwide strikes.
Disney CFO Hugh Johnston predicts an increase in streaming service pricing, highlighting Disney+'s transformation of the company from B2B to DTC. He also discusses ongoing cost-cut...
