Costco Implements Stricter Measures to Combat Shared Membership Cards
In a bid to maintain the integrity of its membership program and ensure that exclusive benefits ...
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Tag: profitability
Uber Announces Layoffs in Recruitment Division: A Strategic Move Towards Profitability
Uber Technologies has recently revealed its plans to downsize its recruitment team, resulting in the unfortunate ...
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Reddit CEO Applauds Elon Musk’s Cost-Cutting Measures Amidst Platform Protests
In a recent interview with NBC News, Steve Huffman, the CEO of Reddit, commended Elon Musk's ...
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HSBC’s Strategic Shift: Unveiling the Path to Asian Expansion
HSBC, a British bank, is considering withdrawing from approximately 20% of the countries it currently operates ...
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SoundCloud Layoffs: Audio Streaming Platform Announces Job Cuts, Plans to Terminate 8% of Its Workforce in a Bid for Profitability
In the midst of an ongoing wave of layoffs across various industries, audio streaming giant SoundCloud ...
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Volvo Cars announces layoffs of 1,300 white-collar employees to cut costs
Volvo Cars of Sweden, a company owned by China, announced on Thursday that it would reduce ...
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Google Cloud Business Finally Turns Profitable After Years of Heavy Investment
Alphabet, the parent company of Google, has announced that Google's cloud business has turned a profit ...
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Olaf Scholz dismisses worries about Deutsche Bank’s share price tumble
On Friday, German Chancellor Olaf Scholz spoke out in defense of Deutsche Bank AG, stating that ...
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Edtech major Byju’s set for USD 22 billion valuation in new funding round
Indian edtech firm Byju's is reportedly set to close a new equity funding round in April, ...
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Virgin Orbit’s insolvency planning signals financial turbulence
Virgin Orbit Holdings Inc, a company that specializes in satellite launches, has reportedly started preparing detailed ...
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