Tag: Cuts
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IBM cuts full-year sales outlook as mainframe demand drops
International Business Machines Corp. cut its full-year sales outlook, including for its closely watched software unit, after reporting a dip in demand for its...
Volkswagen weighs 100,000 job cuts after Q2 profit drops 33%
Volkswagen said Friday that its net profit plunged in the second quarter as the crisis-hit carmaker, weighing up to 100,000 job cuts worldwide, grapples...
Wipro extends hiring streak, TechM cuts jobs again; here’s how IT peers stack up
Hiring trends among IT services companies that have reported June-quarter earnings so far remain mixed. While Wipro extended its hiring streak with a fourth...
Cleartrip aims for profitability by FY27 end as it cuts back on discounts
Cleartrip is set to add alternative accommodation options, such as homestays, villas, and similar listings, from October 2026. On trains, Cleartrip integrated IRCTC bookings...
US FDA approves first oral pill that cuts bad cholesterol by more than 55%
The Food and Drug Administration has approved a first-of-its-kind pill that can drastically reduce cholesterol in a way that's previously only been available with...
