Luxury EV maker Lucid has significant backing from the Saudi government. 24/7 Wall St. sees huge upside for the stock through ...

Procter & Gamble will cut up to 7,000 jobs over the next ... make up approximately 6% of the company's global workforce, or about 15% of its nonmanufacturing positions, said Chief Financial ...

STORY: Procter & Gamble announced on Thursday that it will cut 7,000 jobs over the next ... amount to about 6% of its workforce. Executives characterized the layoffs as part of the company's ...

Burberry (BRBY.L), opens new tab shares surged 18% on Wednesday after the British luxury brand announced plans to shed 1,700 jobs or around a fifth of its global workforce to cut costs to help ...

At the heart of almost every electric vehicle (EV) battery lies synthetic graphite, a crucial component that powers charging ...

Shares of Lucid Group Inc. climbed over 6% on Wednesday afternoon ... significant per-vehicle losses and recent cost-cutting measures such as workforce reductions. Lucid reportedly lowered ...

Catena Media has cut 25% of its workforce in a push to reduce costs following ... falling to €900,000 – a 52.6% drop when compared to the same time in 20205 and a 40% drop from the quarter ...

Booz Allen Hamilton plans to lay off roughly 7% of its workforce amid a government-wide ... year-over-year and the organic growth rate was 11.6%. Adjusted EBITDA of $1.3 billion showed an 11.9 ...

Cable news giant CNN cut about 200 television-focused roles as part of a digital pivot. The cuts amounted to about 6% of the company's workforce. In a memo sent to staff on January 23, CNN's CEO ...

Is laying off 6% of its total workforce, the cybersecurity firm confirmed to TechCrunch. The cuts come less than two weeks after Sophos acquired Secureworks for $859 million. Cut nearly 200 ...