Tag #Cost-Cutting

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nrc.nl

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Dec 13, 01:12

ProRail Cuts Heated Train Switches to Save Millions

ProRail will reduce heated train switches by half from next winter, saving \"17 million euros annually while risking more disruptions during extreme weather; this is part of a broader cost-cutting program to offset rising expenses.

ProRail Cuts Heated Train Switches to Save Millions

ProRail will reduce heated train switches by half from next winter, saving \"17 million euros annually while risking more disruptions during extreme weather; this is part of a broader cost-cutting program to offset rising expenses.

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Climate Action

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What are the immediate financial and environmental impacts of ProRail's decision to reduce heated train switches?

ProRail will reduce heated train switches by half starting next winter, saving \"17 million euros annually and lowering gas consumption and CO2 emissions. This measure, however, increases the risk of disruptions during extreme winter weather.

foxnews.com

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Dec 5, 22:09

Senate Republicans Praise Trump's Cost-Cutting Plan

Republican senators expressed strong support for President-elect Trump's Department of Government Efficiency (DOGE) after meetings with agency leaders Elon Musk and Vivek Ramaswamy, who unveiled a 60-page cost-cutting proposal aimed at reducing government waste and achieving a balanced budget; the p...

Senate Republicans Praise Trump's Cost-Cutting Plan

Republican senators expressed strong support for President-elect Trump's Department of Government Efficiency (DOGE) after meetings with agency leaders Elon Musk and Vivek Ramaswamy, who unveiled a 60-page cost-cutting proposal aimed at reducing government waste and achieving a balanced budget; the p...

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Reduced Inequality

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What are the potential causes and consequences of the reported low in-person work rate in federal agencies?

The initiative aims to address concerns about government overspending and inefficiency by implementing strategies to improve government operations and reduce costs. The bipartisan support suggests potential for significant changes in government spending, impacting taxpayers and federal programs. This is based on statements from senators involved in the meetings.

nbcnews.com

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Dec 2, 13:48

Stellantis CEO Carlos Tavares Resigns Amid Financial Struggles

Stellantis CEO Carlos Tavares resigned Sunday due to differing views with the board, effective immediately; the company will search for a replacement during the first half of 2025, while chairman John Elkann leads an interim committee.

Stellantis CEO Carlos Tavares Resigns Amid Financial Struggles

Stellantis CEO Carlos Tavares resigned Sunday due to differing views with the board, effective immediately; the company will search for a replacement during the first half of 2025, while chairman John Elkann leads an interim committee.

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Decent Work and Economic Growth

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What is the immediate impact of Carlos Tavares's resignation on Stellantis?

Stellantis CEO Carlos Tavares unexpectedly resigned due to differing views with the board. His departure is effective immediately, and the company is searching for a replacement. The interim leadership will be headed by chairman John Elkann.

independent.co.uk

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Nov 7, 16:10

Wood Group Shares Plummet Amidst Business Review

Wood Group's shares hit a 20-year low after announcing a business review following project write-downs and failed takeover bids.

Wood Group Shares Plummet Amidst Business Review

Wood Group's shares hit a 20-year low after announcing a business review following project write-downs and failed takeover bids.

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What caused Wood Group's share price to plummet?

Wood Group's shares plummeted to a 20-year low after announcing a Deloitte-led review of its business, focusing on contract positions, accounting, and governance. This follows recent write-downs on projects and failed takeover attempts.

dw.com

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Dec 9, 16:11

VW Weighs Shifting Electric Bus Production to Poland Amid Cost-Cutting Plan

Volkswagen is considering moving all or part of its ID.Buzz electric bus production from its Hanover plant to its Poznan facility in Poland to reduce costs amid a broader restructuring, while negotiations with IG Metall continue.

VW Weighs Shifting Electric Bus Production to Poland Amid Cost-Cutting Plan

Volkswagen is considering moving all or part of its ID.Buzz electric bus production from its Hanover plant to its Poznan facility in Poland to reduce costs amid a broader restructuring, while negotiations with IG Metall continue.

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Decent Work and Economic Growth

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What are the immediate consequences of Volkswagen's potential relocation of ID.Buzz production from Hanover to Poznan?

Volkswagen Nutzfahrzeuge (VWN) is considering transferring some or all of its ID.Buzz electric bus production from Hanover, Germany to its Poznan, Poland plant. This follows lower-than-expected production numbers (14,600 units in the first half of 2024, against a target of 130,000 annually). No decision has yet been made.

cnbc.com

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Dec 5, 01:11

JetBlue Cuts Unprofitable Flights, Restructures Europe Service

JetBlue is cutting several unprofitable US flight routes, including those from JFK to Austin, Houston, Miami, and Milwaukee, and ending service to San Jose, to improve profitability after better-than-expected November and December bookings; it will also adjust its Europe service and redeploy Mint bu...

JetBlue Cuts Unprofitable Flights, Restructures Europe Service

JetBlue is cutting several unprofitable US flight routes, including those from JFK to Austin, Houston, Miami, and Milwaukee, and ending service to San Jose, to improve profitability after better-than-expected November and December bookings; it will also adjust its Europe service and redeploy Mint bu...

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What specific flight routes is JetBlue eliminating, and what are the immediate consequences of these changes for passengers and the airline?

JetBlue Airways announced it is cutting several unprofitable flight routes and adjusting its Europe service to improve profitability. The changes include ending flights from New York's JFK airport to Austin, Houston, Miami, and Milwaukee, as well as other routes. This follows better-than-expected November and December bookings, but the airline cites post-COVID challenges and competition in some markets.

es.euronews.com

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Nov 22, 19:06

Volkswagen Strike Looms in Germany

The IG Metall union in Germany has issued a strike notice for Volkswagen in December due to failed negotiations over cost-cutting measures. Workers have proposed salary reductions to prevent plant closures, but a strike remains a possibility.

Volkswagen Strike Looms in Germany

The IG Metall union in Germany has issued a strike notice for Volkswagen in December due to failed negotiations over cost-cutting measures. Workers have proposed salary reductions to prevent plant closures, but a strike remains a possibility.

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Decent Work and Economic Growth

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What are the potential consequences of the planned strike at Volkswagen?

The potential strike could impact approximately 120,000 Volkswagen employees in Germany and is unprecedented in the company's 87-year history, as it has never faced plant closures in Germany before.

Showing 97 to 103 of 103 results