Tag #Cost-Cutting

Showing 1 to 12 of 103 results

theglobeandmail.com
🌐 85% Global Worthiness
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FedEx Q1 Results Surprise Wall Street, Shares Surge 5.4%

FedEx's first-quarter earnings exceeded expectations due to strong domestic deliveries and cost-cutting measures, resulting in a 5.4% premarket stock surge, while UPS shares also rose.

Progress

40% Bias Score

Decent Work and Economic Growth
nytimes.com
🌐 75% Global Worthiness
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Manchester United Women's Team Travel Arrangements Following Champions League Qualification

Manchester United's women's team, after winning their Champions League qualifying matches in Sweden, returned via commercial flight and some players booked their own flights, unlike their outbound charter flight; this decision was based on cost-cutting measures and the team's schedule.

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48% Bias Score

Gender Equality
cbsnews.com
🌐 85% Global Worthiness
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Democrats Investigate DOGE's Continued Presence in Federal Agencies

Democratic lawmakers are investigating the Department of Government Efficiency (DOGE) following Elon Musk's departure, expressing concern over DOGE's continued presence in federal agencies and potential violations of hiring laws, prompting requests for information on its structure, leadership, and a...

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56% Bias Score

Reduced Inequality
welt.de
🌐 85% Global Worthiness
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ZF Employees Protest Cost-Cutting Measures Amidst Financial Crisis

ZF, a major German auto supplier, faces protests from approximately 4,000 employees in Friedrichshafen and other locations on Tuesday due to planned cost-cutting measures, including potential job cuts and pay reductions, stemming from over €1 billion in losses last year and high debt from acquisitio...

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40% Bias Score

Decent Work and Economic Growth
bbc.com
🌐 75% Global Worthiness
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Welsh Government Considers Selling Underutilized Cardiff Headquarters

Due to low occupancy rates (19% in March 2024), a former Welsh government official suggests selling the Cathays Park headquarters and establishing a smaller office near the Senedd in Cardiff Bay, prompting a review of other government offices across Wales.

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48% Bias Score

Responsible Consumption and Production
elpais.com
🌐 75% Global Worthiness
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British Royal Family Increases Funding, Decommissions Royal Train

The British royal family will receive a \£132 million grant in 2025-2026, but King Charles III is decommissioning the royal train in 2027 due to its high cost (nearly €90,000 for two trips in 2024), saving over \£1 million annually, reflecting a move toward cost-effectiveness and environmental consc...

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36% Bias Score

Responsible Consumption and Production
smh.com.au
🌐 85% Global Worthiness
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ANZ Bank Announces 3,500 Job Cuts Amidst Restructuring

ANZ bank CEO Nuno Matos announced 3,500 job cuts and 1,000 contractor roles to be eliminated over the next year as part of a major restructuring plan aimed at improving efficiency and performance.

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32% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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German Automakers' Cost Cuts Threaten Eastern German Jobs"

Brandenburg's Economics Minister Daniel Keller criticized German automakers' cost-cutting plans, fearing job losses in Eastern Germany, particularly at Mercedes-Benz's Ludwigsfelde plant where job security is guaranteed until the end of 2029. He plans to meet with Mercedes to discuss the plant's fut...

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40% Bias Score

Decent Work and Economic Growth
dutchnews.nl
🌐 65% Global Worthiness
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NS Records €60 Million Loss Amidst Cost Cuts and EU Competition Concerns

The Dutch national railway company NS reported a €60 million loss in the first half of 2025, primarily due to increased investment costs and reduced government support, prompting cost-cutting measures and raising competition concerns from the European Commission.

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36% Bias Score

Reduced Inequality
liberation.fr
🌐 75% Global Worthiness
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France to Cut Healthcare Spending by €5 Billion

France plans to cut healthcare spending by €5 billion in 2024 by doubling medical franchise fees to €100 annually (capped at €8 monthly), reviewing ALD reimbursements, and potentially transferring initial sick leave coverage to employers.

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48% Bias Score

Good Health and Well-being
welt.de
🌐 75% Global Worthiness
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Daimler Truck Launches €1 Billion Cost-Cutting Program, Targeting Increased Profitability

Daimler Truck aims to increase its operating margin from 8.9% to over 12% by 2030 through a €1 billion cost-cutting program involving potential job reductions (around 5,000) and production relocation, following decreased 2024 profits and a competitive challenge by the supervisory board.

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44% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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Royal Train Decommissioned to Modernize Monarchy and Cut Costs

King Charles III is decommissioning the royal family's private train, in service since 1840, to modernize the monarchy and reduce costs, opting for more fuel-efficient helicopters; royal travel costs increased to £4.7 million in 2024-25.

Progress

40% Bias Score

Responsible Consumption and Production

Showing 1 to 12 of 103 results