Tag: cost cutting
Continental reports higher margins as cost-cutting measures sink in
* Continental reports higher margins as cost-cutting measures sink in Q2 profits up 40%, beating expectations * Sales outlook lowered amid dampened demand * Cost-cutting…
Cult.fit: Zomato-backed fitness startup Cult.fit lays off over 100 employees
Fitness firm Cult.fit has laid off 100 to 120 employees as part of a cost-cutting exercise, people in the know told ET. The firm’s parent…
funding: As startups cut costs in funding winter, headhunters see flood of resumes
As Indian startups cut costs and lay off staff to adjust to a harsh funding winter, headhunters say they are seeing a flood of queries…
‘Hard to eliminate 27,000 roles’: Amazon CEO on lay offs, but it will…
Amazon CEO Andy Jassy expressed his confidence that the recent cost-cutting efforts taken by the tech giant will ensure its growth after it had faced…
startup funding: As funding winter sets in, top rung at new-age companies faces pay freeze
Several startups and ecommerce companies are likely to freeze salaries for senior management during appraisals as they step up cost-cutting measures to survive a harsh…