LONDON, Jan 16 (Reuters) - BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the ...

The job cuts are likely unrelated to Amazon's plans to shut down Try Before You Buy, previously known as Prime Wardrobe. This service lets consumers order clothing, try it on, and either send it ...

We typically manage out people who aren’t meeting expectations over the course of a year,” Facebook founder Mark Zuckerberg stated, “but now we’re going to do more extensive performance-based cuts ...

“We must make permanent the 2017 Tax Cuts and Jobs Act,” he added when outlining his goals. When asked about whether he would renew Trump’s tax breaks for billionaires and ...

Citigroup Inc. is planning to reserve $600 million for severance payments in 2025 as it continues to trim its workforce and cut expenses, according to Chief Financial Officer Mark Mason. The $600 ...

Pressure is growing to announce radical spending cuts to calm financial markets. The prospect of an emergency spring Budget is mounting. Soaring government borrowing costs have driven up the ...

Parents and staff showed up in the hundreds to speak out against the potential cut of transitional kindergarten classes at the end of this school year. "You are currently cutting the foundation of ...

Ukraine has implemented power cuts as a Russian air barrage targeted critical energy infrastructure. Ukraine’s national grid operator Ukrenergo introduced emergency power cuts in six regions on ...

14, representatives of the Space Telescope Science Institute (STScI), which handles science operations of Hubble, said cuts in the telescope’s budget proposed by NASA could reduce the ...

We ought to be able to unleash growth through tax cuts ... and we ought to be able to bend the spending curve. — House Budget Committee Chair Jodey Arrington (R-Texas) The primary near-term goal ...