UBS investors fear job cuts and inflated executive pay after Credit Suisse takeover
UBS investors urged to avoid mass job cuts and inflate executive compensation after the emergency takeover of its longtime rival Credit Suisse.
Read More
Day: April 6, 2023
Amazon will reduce staff stock awards in a move to cut expenses
The announcement comes weeks after Amazon announced a second wave of major layoffs by eliminating 9,000 jobs.
Read More
Amazon and Microsoft could face UK investigation over cloud services market
The British communications regulator, Ofcom, said it was offering to refer the entire sector to the Competition and Markets Authority (CMA).
Read More
Jobs saved as Bristol software firm Helastel rescued from administration
LHL Property Auditors of Wiltshire has bought IT consultancy Helastel, which has now been renamed llumo Digital by its new owners.
Read More
British Steel saves 250 jobs but Scunthorpe coke ovens will close
The company’s energy and carbon bills have risen by £190 million, and it has stated that decisive action is needed due to the unprecedented rise in running costs, rising inflation, and the need to improve environmental performance.
Read More- 1
- 2
