BMW downgrades 2026 targets on Mideast war, China woes
Frankfurt (Germany) (AFP) - German carmaker BMW downgraded its 2026 targets Tuesday due to turmoil from the Middle East war ...
Tuesday, June 16, 2026
Tag: cost-cutting
FedEx to cut up to 2,000 jobs in Europe
New York (AFP) - FedEx will eliminate up to 2,000 jobs in Europe as part of a cost-cutting drive in ...
Tesla profits tumble but shares rise on new vehicle plan
New York (AFP) - Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, ...
‘GTA’ video game publisher Take-Two cuts workforce
San Francisco (AFP) - Take-Two Interactive on Tuesday told US regulators it is trimming its workforce by five percent and ...
Deutsche Bank to cut jobs after drop in 2023 profit
Frankfurt (Germany) (AFP) - Germany's biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of ...
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