Cost Cutting

Snapchat aims full-year profitability in 2019 by betting on older users: Report

There was no mention of cost-cutting measures that could help Snapchat achieve its profitability goal.

Customer Experience Bridges The Revenue Growth-Cost Cutting Gap

How do you connect strategies calling for revenue growth with plans for continued cost cutting? You connect revenue and cost through the customer experience.

Gartner Outlines Ways To Save Costs In Data Centre

Hardware rationalisation, consolidation and virtualisation can all help IT managers cut data centre costs.

Optimising Business Costs May Require Spending More On IT: Gartner

Gartner recommends that IT and business leaders use a cost optimisation framework as a template when evaluating cost optimisation initiatives.

US Banks can't afford Watson, IBM's best cost-cutting recommendation

International Business Machines Corp (IBM) is in an unusual fix in telling big U.S. banks they can use its Watson software of Jeopardy-winning fame as a cost-saving solution: bankers say they like it, but cannot afford it.

HP profit beats Street amid weak market for PCs, printers

HP Inc, which houses the former Hewlett-Packard Co's legacy hardware business, reported a better-than-expected quarterly profit as aggressive cost cutting helped counter weak demand for personal computers and printers.

Nokia cuts more than a thousand jobs in Finland

Nokia is cutting 1,032 jobs in Finland as part of a cost-cutting program following its acquisition of Alcatel-Lucent, the telecom network equipment maker said in a statement.

Emission cut, China slowdown: JLR drafts 4.5 bn pound cost cutting plan

Restrictions on staff travel and hospitality: Air India to cut costs by Rs 1,400 cr

State-owned carrier Air India is to cuts its costs by Rs 1400 crore ($227 million), or about 6 percent of its total outlays, in the next financial year after the government asked the loss-making airline to improve its finances.

Siemens sheds 15,000 jobs in $8bn cost-savings drive

The announcement comes two months after the ouster of Chief Executive Peter Loescher who drew up the savings plan late last year.<br /><br />