Tag Archives: costcutting

[unable to retrieve full-text content]Google Rolls Out New Cost-Cutting Measures: Report  NDTV Source link

Google workers in Switzerland sent a letter this month to the company’s vice president of human resources, outlining their worries that a new employee evaluation system could be used to cull the work force. “The number and spread of reports that reached us indicates that at least some managers were aggressively pressured to apply a quota” on a process that could lead to employees getting negative ratings and potentially losing their jobs, five workers and employee representatives wrote… Source link

Argus Research President and Director of Portfolio Strategies John Eade joins Yahoo Finance Live to weigh in on FedEx’s Q2 earnings results and the company’s forecasts for 2023. Video Transcript – Let’s talk about what all this means here for the company. We have John Eade, Argus research president and director of portfolio. John, it’s great to see you. So just your initial thoughts on this report. So guidance looks like that’s coming in a bit light, but FedEx taking even more action in terms… Source link

Image: BigTunaOnline/Shutterstock Google is bringing the Waze team across to the organization running Google Maps to cut costs. The Wall Street Journal reports that more than 500 employees at Waze will join Google’s Geo organization, which is responsible for Maps, Earth and Street View. The move is happening today. There are no redundancies as part of the move, but Waze CEO Neha Parikh will leave her role after a transition period, a Google spokeswoman told WSJ. Google is tightening its… Source link

Image: BigTunaOnline/Shutterstock Google is bringing the Waze team across to the organization running Google Maps to cut costs. The Wall Street Journal reports that more than 500 employees at Waze will join Google’s Geo organization, which is responsible for Maps, Earth and Street View. The move is happening today. There are no redundancies as part of the move, but Waze CEO Neha Parikh will leave her role after a transition period, a Google spokeswoman told WSJ. Google is tightening its… Source link

Meta (META) is gearing up to report its third-quarter earnings after the closing bell on Wednesday. Here’s what Wall Street’s expecting from Facebook’s parent company, as compiled by Bloomberg: Revenue: $27.4 billion expected Earnings Per Share (EPS): $1.88 expected Facebook Daily Active Users (DAUs): 1.86 billion expected The digital advertising slowdown had been top-of-mind for Meta and Big Tech overall heading into this week’s earnings. On Tuesday, Google parent Alphabet (GOOG, GOOGL) reported… Source link