The company's guidance for full year earnings was cut about 8 percent in December, and was again cut about 53 percent on Tuesday.
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That day I think I cut about two kilos and at the time I was like, 'Wow, that's so much!' but now I can cut about 80 kilos.
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Even German TV made a short cut about this event.
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Cut about five more chopsticks into shorter, irregular length pieces.
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A few weeks later, the company cut about 100 positions.
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So far, Russia has cut about half of that, he said.
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So far, Russia had cut about half of that, he said.
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Air China, the country's flag carrier, cut about 68% of capacity.
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The central bank made a similar cut about a year ago.
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Microsoft — Microsoft will cut about 2,850 more jobs over the next year.
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In 2001, the Bush administration cut about $600 million in foreign aid.
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Mr. Katzenberg cut about 19 percent of the studio's staff last year.
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The words were cut about two weeks ago but were recently restored.
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The previous version of the policy cut about $575 million in aid.
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The company said it will cut about 15 percent of its salaried staff.
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Russia and other non-members are planning to cut about half as much.
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Apple's outside ad agency, Media Arts Lab, has reportedly cut about 50 jobs.
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Tesla told employees Tuesday it will cut about 9 percent of its workforce.
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Russia and other non-OPEC producers plan to cut about half as much.
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Lexmark said last July it would cut about 500 jobs over 303 months.
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Russia has cut about 100,000 bpd and plans to increase that to 300,000 bpd.
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Now, the kingdom will endeavor to cut about 900,000 bpd in just two months.
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However, the New York Times reports Sanders plans to cut about his campaign staff.
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It also reported that Engie planned to cut about 1,150 jobs in various functions.
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Each year we cut about 10% and refresh our assortment with the same amount.
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Dust a 2¾-inch round cutter with flour; cut about 20 biscuits from dough.
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The company also cut about 2,300 jobs last year, the CEO said on Tuesday.
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The Palo Alto, California-based company also said it would cut about 231 jobs.
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I cut about 10 pages and I changed a few lines, a dozen maybe.
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"We've got a lot of room to cut, about 5% of ammunition," he said.
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In June, the company said it would cut about 2,000 jobs across North America.
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Cypress expects to cut about 500 jobs, or approximately 8 percent of its total workforce.
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The EPA estimates that coal-fired power plants will cut about 27,25.8 jobs by 20153.
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In response, the state legislature has cut about every program it can find to cut.
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The chipmaker announced on Thursday that it would cut about 1,900 jobs across businesses globally.
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Vodafone's Qatar subsidiary said in May it would cut about 10 percent of its workforce.
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Tyson also said it would cut about 450 jobs across several areas and job levels.
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In March, the company said it planned to cut about 4,000 jobs at the unit.
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Charles Schwab – Schwab will cut about 600 jobs, about 3% of the discount brokerage's workforce.
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Charles Schwab (SCHW) will cut about 600 jobs, about 3% of the discount brokerage's workforce.
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In November it cut about 50 jobs in its foreign exchange and fixed income business.
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Now, the kingdom will aim to cut about 900,000 barrels per day in just two months.
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The company also said it would cut about 80 jobs, or 8 percent of its workforce.
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Each year we cut about 10 percent and refresh our assortment with about the same amount.
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Last year, the exchange ultimately cut about 4 million tonnes from soy production due to flooding.
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Management decided to cut about a quarter of the staff to protect our long-term future.
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Through October, automakers like G.M. had cut about 7,000 jobs under Mr. Trump, government figures show.
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And in March last year, it cut about 17 percent of its staff, or about 270 jobs.
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Sharp cut about 6,000 jobs, or about 12 percent of its workforce in the previous business year.
|
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Based on this number, the company cut about 12 percent of its workforce in the first quarter.
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The people in the normal dieting group just cut about 25 percent of their calories every day.
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Cut about ½ inch off the top of the garlic bulb to expose the tips of the cloves.
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The federal government has cut about $2.7 billion in funding to Nycha since 2001, housing officials said.
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GE eliminated Immelt's 2017 target bonus of $5.4 million and cut about $1 million from his salary.
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The combined Kraft Heinz firm then announced plans to close seven factories and cut about 2,600 jobs.
|
|
At the time, Under Armor also announced plans to cut about 2 percent of its global workforce.
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AMC estimated that the purchase of Carmike would allow it to cut about $35 million in costs.
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GM cut about 1,500 contract workers in December and said 2,300 salaried workers accepted buyouts, officials said.
|
|
Tesla told employees Tuesday it will cut about 225 percent of its workforce, trimming mostly salaried positions.
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|
BREAKING: Verizon will announce plans to cut about 22019,000 jobs at Yahoo, AOL next week - source pic.twitter.
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He cut about half an hour from last year's time, finishing in 7 hours and 21 seconds.
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That was illustrated vividly this week when General Motors announced that it would cut about 14,000 jobs.
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|
In response to questions from Business Insider, a Greenlane spokesperson confirmed the company cut about 30 workers.
|
|
By March, the International Energy Agency said, Russia had cut about 170,000 barrels a day in output.
|
|
Uber Technologies (UBER) will shut down its office in downtown Los Angeles and cut about 80 jobs.
|
|
Emezi has written at the Cut about her gender dysphoria and how she experiences herself as ogbanje.
|
|
Seagate Technology — Seagate will cut about 1,600 jobs, or three percent of the hard disk drive maker's workforce.
|
|
Ericsson — Ericsson will reportedly cut about a quarter of its workforce in Italy, according to a Bloomberg report.
|
|
On Wednesday, the company said it would cut about 1,000 positions after buying Spectra Energy Corp of Houston.
|
|
The French retailer, which is aiming to boost sales and profits, previously aimed to cut about 1,230 jobs.
|
|
The Montreal-based plane maker also said it will cut about 7,000 jobs over the next two years.
|
|
The company said it would sell two of its units for $900 million and cut about 183,000 jobs.
|
|
"I proved myself to be very valuable," Weiss, 22019, told The Cut about her time as an intern.
|
|
OPEC aims for agreements to cut about 0.43,000 barrels per day in its first reduction in eight years.
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THAT IS PART OF A RESTRUCTURING PLAN AS WELL THAT WILL CUT ABOUT 15% OF ITS WORK FORCE.
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The star recently opened up to New York Magazine's The Cut about how she kicks off every day.
|
|
WeSearchr welcomes them all—and takes a steep 2800 percent cut, about three times what its competitors charge.
|
|
The well drilling company has cut about 70 employees, or nearly 10 percent, since the beginning of 2018.
|
|
Oil and gas producer Anadarko Petroleum Corp plans to cut about 1,000 jobs, a company spokesman told Reuters.
|
|
Fair, the short-term car rental platform for consumers and Uber drivers, cut about 300 employees in October.
|
|
Uber Technologies (UBER) – Uber will shut down its office in downtown Los Angeles and cut about 80 jobs.
|
|
Flooding and other damage caused by Harvey temporarily cut about 20 to 25 percent of U.S. refining capacity.
|
|
The bank cut about 810 jobs, and is targeting a total reduction of 1.063%, or about 2,300 employees.
|
|
The bank cut about 810 jobs, and is targeting a total reduction of 5%, or about 21.7,22.58 employees.
|
|
Since 2016, it has cut about 25 percent of the archdiocesan staff, and about 25 percent of expenses.
|
|
Seagate Technology (STX) plans to cut about 1,600 jobs, or 3 percent of the hard disk drive maker's workforce.
|
|
Freeport has cut about 22.2 percent of its 3.343,23.34 Grasberg workforce and spending on underground expansion by one-third.
|
|
Colgate, had earlier said it expected to complete the program this year and cut about 2,700 to 3,200 positions.
|
|
Earlier this year, the company said it would cut about 2 percent of its global workforce, sending shares falling.
|
|
The overall office would get cut about about two-thirds under the Trump administration's budget proposal released last month.
|
|
It will divide those operations into smaller units and cut about 50 executive positions as part of the move.
|
|
The carmaker said yesterday that it plans to idle five factories in North America and cut about 14,103 jobs.
|
|
I get my hair cut about once every three or four months and I really needed it this time.
|
|
The internet technology company also said it had cut about 400 jobs, or 5 percent of its global workforce.
|
|
Felder got cut about the eye during a clinch in the third, forcing the referee to stop the fight.
|
|
OPEC could eventually agree to cut about 1m barrels a day, accounting for 1 percent of global production, sources said.
|
|
The U.S. industry has cut about 800,000 barrels a day in production from its peak in the spring of 2016.
|
|
Chief Financial Officer Ewen Stevenson said in August the bank would cut about 4,000 jobs in 2019 to reduce costs.
|
|
For more, click on * Credit Suisse plans to cut about 900 jobs in Switzerland next year, Bloomberg reported on Wednesday.
|
|
Macy's said Tuesday it will cut about 100 management jobs as looks trim costs and improve profitability amid declining sales.
|
|
Take the anonymous entrepreneur who spoke to The Cut about what it's like to bring in $1 million a year.
|
|
Coach said it would cut about 300 jobs, or 2 percent of its workforce, with most cuts in corporate positions.
|
|
Lilly will cut about 3,500 positions around the world, resulting in yearly savings of about $500 million, beginning in 2018.
|
|
The company said last month it would cut about 900 jobs to restructure, reduce costs and prepare for tougher competition.
|
|
The company said that it would cut about 2 percent of its global work force as part of the changes.
|
|
Last month, the BBC announced it would cut about 450 jobs in its news division to prepare for leaner times.
|
|
Reuters reported on Monday that Bank of America was set to cut about two dozen investment banking jobs in Asia.
|
|
Separately, Bloomberg reported that Deutsche Bank planned ot cut about half its employees in Brazil as it moves trading elsewhere.
|
|
Portman also told The Cut about the forensic importance of the outfit, which helped her get into character for the scene.
|
|
Caterpillar — Caterpillar will close five plants and cut about 21.33 jobs as it responds to falling demand for its heavy equipment.
|
|
GM said Monday it was starting to cut about 27,000 salaried workers in the latest round of restructuring announced in November.
|
|
As of June 1.83, Comerica had about 8,792 full-time employees, meaning the bank could cut about 790 jobs in total.
|
|
The combination would allow the two companies to cut about $500 million in costs, both on the sales and operational sides.
|
|
GM said it needs to cut about 8,000 salaried workers as well as about 3,300 hourly workers at four US plants.
|
|
Wal-Mart (WMT) is planning to cut about 1,000 jobs primarily at its corporate headquarters, according to The Wall Street Journal.
|
|
Online homeseller Opendoor cut about 50 of its 1,300 staff in June – and stopped free lunches for small offices, Bloomberg reported.
|
|
That cut about 1.2 million gallons per day of gasoline supply, roughly equal to consumption in California, Oregon and Washington combined.
|
|
SpaceX noted in January when it cut about 203% of its workforce that endeavors similar to Starlink have bankrupted other companies.
|
|
Pandora Media – Pandora will cut about 5 percent of its workforce as part of a plan to optimize its business performance.
|
|
Singapore competitor StarHub Ltd last year cut about 12 percent of its workforce, while M13 was taken private by its major shareholders.
|
|
At that level, Baghdad would need to cut about 200,000 bpd in January to meet its quota under the supply cut agreement.
|
|
"Floria Sigismondi was a director on The Turning, one of my movies," Prince previously told The Cut about her inspiration to direct.
|
|
By contrast, local chain Cafe Droptop, with about 225 shops, cut about 20 percent of its workforce at the end of 2015.
|
|
Just last month, Nokia, nowadays focused on telecom networks, and Microsoft announced they would cut about 2,400 further Finnish jobs in total.
|
|
HP Inc fell 3.4 percent after the company said it would cut about 52,000 to 4,000 jobs over the next three years.
|
|
So far, he's had to shutter his Georgia factory, laying off 80 people, and cut about 10% of his workforce in Indiana.
|
|
It also gave a weaker than expected outlook for this year and announced plans to cut about 12 percent of its workforce.
|
|
The automaker said last week it plans to cut about 5,000 jobs in Germany and an unspecified number in the United Kingdom.
|
|
The last time that the Mexico City policy was enacted in 2001, the Bush administration cut about $600 million in foreign aid.
|
|
The company said it had cut about 20 percent of its administrative staff in 2016, leaving it with 1,031 core admin employees.
|
|
HP Inc fell 2.9 percent after the company said it would cut about 3,000 to 213,000 jobs over the next three years.
|
|
By contrast, local chain Cafe Droptop, with about 225 shops, cut about 20 percent of its workforce at the end of 503.
|
|
In January, Postmedia cut about 8 percent of its editorial workforce as it merged tabloid and broadsheet newsrooms in four major cities.
|
|
Shutting Hazelwood will cut about 3 percent of Australia's greenhouse gas emissions, or about 18 million tonnes a year of carbon dioxide.
|
|
Over marathon-length distances, 4% can mean a lot — it'd cut about nine minutes off a 3 1/2-hour marathon time.
|
|
He had also researched how long it took an adult to bleed out after her jugular vein was cut: about three minutes.
|
|
Budget documents show that the Trump administration has cut about 17 percent of the Civil Rights Division's staff positions, including 14 attorneys.
|
|
Ralph Lauren said in June it would cut about 1,000 jobs and close 50 stores to lower costs and revive sales growth.
|
|
Victoria's Secret cut about 50 people on Wednesday and Thursday, ranging from senior leaders to junior staffers, at its Columbus, Ohio, headquarters.
|
|
That did not happen, but Qualcomm cut about 15 percent of its staff, cut executive pay and gave Jana three board seats.
|
|
Wal-Mart – Wal-Mart is planning to cut about 1,000 jobs primarily at its corporate headquarters, according to The Wall Street Journal.
|
|
Last month, the automaker said it would cut about 30,000 jobs worldwide under a plan meant to save $3.9 billion a year.
|
|
The most notable was Bank of Montreal, which took a C$357 million restructuring charge to cut about 5% of its workforce.
|
|
The miner flagged its intention to restructure and cut up to 2,500 jobs last September and has so far cut about 2,000 positions.
|
|
Over the next two months, Cathay Pacific will cut about 30 percent of its flights, including 90 percent of trips to mainland China.
|
|
The company also said it would cut about 6,500 jobs, or 14 percent of its global workforce, by the end of fiscal 2017.
|
|
The company also said it would cut about 6,7.43 jobs, or 14 percent of its global workforce, by the end of fiscal 2017.
|
|
First Solar said in November it would cut about 27 percent of its workforce and transition to a new product ahead of schedule.
|
|
American Apparel is set to seek approval of its current reorganization plan, which would cut about $200 million of debt, at a Jan.
|
|
Conaway's bill would cut about $9 billion from the program in total, without providing much help for individuals who are looking for work.
|
|
This is the first round of buyouts offered since The Times announced in October 2014 that it would cut about 100 newsroom jobs.
|
|
Blue Apron on Wednesday said it cut about 6 percent of its workforce, nearly four months after the meal-kit company went public.
|
|
Bayer and Monsanto said they planned to cut about $1.2 billion worth of costs as part of the deal, helping to improve efficiency.
|
|
Just earlier this month, Nike announced plans to cut about 2 percent of its global workforce, and also initiated a new business structure.
|
|
Barclays has already cut about 7,000 staff in its investment bank in the last three years, reducing the unit's headcount to about 17,000.
|
|
The company said it would cut about 212.5,43 jobs on a like-for-like basis in 24 and save about 20955 million pounds.
|
|
The two companies plan to cut about $150 million in costs through the transaction in the first full year after the deal closes.
|
|
So far it's cut about $500 million, and its goal is to reach $650 million in savings by the end of the year.
|
|
Vitol said refineries have so far cut about 7 million bpd, a figure the company expects to rise further as storage fills up.
|
|
It had already led Volkswagen to announce that it would break a taboo and cut about 30,000 jobs worldwide, including 215,22014 in Germany.
|
|
Under Armour plans to cut about 2 percent of its global workforce as it restructures its business in the face of slumping sales.
|
|
Lower interest rates have cut about 4 trillion won ($3.39 billion) from households' interest payments in the last three years, the regulator said.
|
|
Republican legislators in Ohio cut about $600,000 in state funding to Planned Parenthood this year after winning approval from a federal appeals court.
|
|
That follows the company's announcement last month that it would close its Milwaukee distribution and customer care center and cut about 670 jobs.
|
|
Funding for consumer helpers called "navigators" will also be cut about 2200 percent, from $2000 million for 13, to $21 million for next year.
|
|
He added that the company had cut about 150-160 jobs in the UK and reduced headcount by the "low hundreds" across the world.
|
|
If everything looks good, Whatnot forwards the Funko Pop to the buyer and takes their cut (about 9%, plus a few bucks for shipping).
|
|
The bailed-out lender will cut about 448 back- and middle-office positions that support trading functions and provide technology services, the source said.
|
|
PPG has since cut about 1,700 jobs and has also sold its flat glass unit to Mexican glass manufacturer Vitro for about $750 million.
|
|
Pioneer employees told a Midland, Texas, TV station that the company wanted to cut about 300 workers, or about 10 percent of its workforce.
|
|
Sears Canada said it cut about C$80 million in costs in the first quarter and said savings would be reinvested in growth initiatives.
|
|
The bank has said it would cut about 100 domestic locations, or one-fifth of the current total, by the end of March 2025.
|
|
The company said earlier this month it would consider "strategic alternatives" for its core Internet business and cut about 15 percent of its workforce.
|
|
BERLIN (Reuters) - BT, Britain's biggest telecoms group, plans to cut about 130 jobs in Germany, Frankfurt Allgemeine Zeitung reported, citing Germany chief Stefan Hirscher.
|
|
Venezuela, Mexico and Colombia produce about 5.3 million barrels per day, while OPEC has cut about 1.8 million bpd in supply, most sour crude.
|
|
As part of those efforts, the bank said it would cut about 2,000 jobs from its trading arm and would exit additional business lines.
|
|
The company also plans to cut about 375 jobs in its maritime services unit and to lose 150 jobs in its applied intelligence operations.
|
|
The move comes two months after the gambling group said it would cut about a third of its betting shops and jobs in Britain.
|
|
Even among people with more than a 90 percent chance of getting a cut, about half said they did not expect to get one.
|
|
BMO took the charge as it cut about 810 jobs as part of its push to reduce its workforce by 20% and increase efficiencies.
|
|
The company will cut about 22.32,2.183 to 22.18,22.22 jobs through a combination of employee exits and voluntary early retirement, it said in a statement.
|
|
Trump threatens to cut about $500 million in aid to Guatemala, Honduras, and El Salvador; a comedian actor from Ukraine might just become president.
|
|
Most layoffs have fallen on its branch network, where the bank had earlier announced plans to cut about one in every 10 jobs in 2016.
|
|
BuzzFeed is reported to be planning to cut about 15 percent of its workforce, according to a report in the Wall Street Journal last week.
|
|
The company said on Wednesday it would cut about 200 full-time positions, cancel open positions and close its entertainment division, which makes original content.
|
|
Harley-Davidson — Harley will cut about 200 jobs as the motorcycle maker adjusts its production schedule to account for a lower shipment forecast for 2016.
|
|
According to this analysis by the Brooking's Institute, between 2011 and 2014, fiscal policy cut about 1 percentage point per year from real GDP growth.
|
|
Finding out what exactly caused this outbreak through the environment, and slowly piecing together information about characters and plot as you cut about the place.
|
|
OPEC and non-OPEC allies led by Russia initially agreed to cut about 1.8 million barrels per day (bpd) in the first half of 2017.
|
|
Whirlpool said on Tuesday it would restructure its dryer manufacturing operations in Europe, Middle East and Africa and cut about 500 jobs in the region.
|
|
The job cuts come about three months after the company said it would cut about 15 percent of its workforce and shutter its entertainment business.
|
|
The report says emissions need to be cut about in half by 2030, which would require a near-complete overhaul of the global energy system.
|
|
Reuters reported last week that Verizon planned to cut about 2,000 jobs, or 15 percent, of the 14,000 employees at its Yahoo and AOL units.
|
|
The company has cut about $300 million in capital expense as its shifts from offshore to shale, and cut another $300 million in operating costs.
|
|
SoftBank-backed hotel chain startup Oyo is set to cut about 5,000 people, or 17% of its workforce, in the wake of the coronavirus outbreak.
|
|
In December, Vox Media's sports site SB Nation cut about 200 California freelancers in favor of hiring about 20 full-time and part-time employees.
|
|
But, as Rebecca reported, it had recently cut about 10% of its workforce and seen departures in top roles including its head of wealth management.
|
|
France's Societe Generale plans to cut about 600 jobs at its investment banking unit in Paris and a few hundred more in London and New York.
|
|
Nike was off 3.2 percent after the company said it would cut about 2 percent of global workforce and eliminate a quarter of its shoe styles.
|
|
To help stem the slide, Caterpillar cut about 268,246 jobs and closed nearly 22.03 facilities so far as part of a restructuring plan announced in 29.46.
|
|
Separately, Boeing is using voluntary layoffs to cut about 4,000 positions by mid-year and up to 8,000 by year-end at its commercial airplanes division.
|
|
On Tuesday the carrier said it planned to cut about 30% of capacity over the next two months, including about 90% of flights to mainland China.
|
|
The big picture: The suit was filed on the same day that it was announced Juul would cut about 500 jobs by the end of 2019.
|
|
Weatherford Corp, a key oilfield service provider, said Wednesday afternoon that it would cut about 6,5503 jobs, or roughly 11 percent of its workforce, by June.
|
|
Via Varejo has cut about 33,000 jobs, or 20 percent of its workforce, and closed 9 percent of its stores nationwide in the past two years.
|
|
It's a lot simpler because the goals of tax reform ... creating a middle-income tax cut, about creating personal tax simplification, and making U.S. businesses competitive.
|
|
Ellen Van Dusen, the designer, spoke to The Cut about dressing the five women to be something of best supporting best friends to the Oscar nominee.
|
|
BlackRock was in the spotlight earlier this year for saying it would cut about 30 investment professionals in a shift toward trading driven by mathematical models.
|
|
The company said in July it will cut about 15 percent of its global workforce to save an estimated $10 million to $12 million a year.
|
|
Rose spoke to The Cut about working with her buddy, and how she feels like fashion campaigns are shifting in favor of more gender-fluid subjects.
|
|
They come as Juul prepares to cut about 500 jobs, or about 10% to 15% of its total head count, by the end of the year.
|
|
Musk made his purchases shortly after Tesla said it will cut about 9 percent of its workforce of 46,000 employees, in salaried roles outside vehicle production.
|
|
Flannery talked for two days about sweeping changes that will focus on three core businesses but instead it cut about $24 billion off GE's market capitalization.
|
|
In January, the company, Latin America's No. 1 independent investment bank, cut about 18 percent of its Brazil-based staff to reduce costs by 25 percent.
|
|
When Fulcher joined, he immediately cut about half the staff, following earlier layoffs, to whittle down costs and focus on serving small and medium-sized businesses.
|
|
Ms. Anker said the building's size and shape — it has far fewer corners than most houses — cut about 15 to 20 percent on materials and costs.
|
|
Chesapeake has suspended its dividend to preserve cash, cut about 15 percent of its workforce and written down the value of some oil and gas assets.
|
|
It said in November it would cut about 2,000 jobs when it ends the third shift at its Lordstown, Ohio, and Lansing, Michigan, plants in January.
|
|
The Tampa Bay Times announced that it would cut about 6900 jobs after new tariffs imposed by the Trump administration dramatically increased the cost of newsprint.
|
|
In addition to reducing Bears Ears, Trump on Monday cut about half of the acreage of the Grand Staircase-Escalante National Monument, also in southern Utah.
|
|
The bill, known as the American Health Care Act, would cut about $1 trillion in ObamaCare taxes over a decade, significantly lowering the revenue budget baseline.
|
|
All three measures together are projected to cut about 3.7 million people from the SNAP program, according to an analysis last month by The Urban Institute.
|
|
The electric vehicle maker said Friday it plans to cut about 7 percent of its workforce, which by the last company headcount would equal about 3,25 jobs.
|
|
It will cut about 3,000 associate jobs and more back-office and call center positions, as well as create a "voluntary separation opportunity" for 165 senior executives.
|
|
Franco-Italian chipmaker STMicroelectronics on Wednesday said it would cut about 1,400 jobs worldwide as part of a global restructuring plan affecting its set-top box activity.
|
|
American Apparel's senior bondholders are seeking approval of an opposing plan, backed by a majority of the company's creditors, which would cut about $200 million in debt.
|
|
It will cut about 3,000 associate jobs and more back-office and call center positions, as well as create a "voluntary separation opportunity" for 403 senior executives.
|
|
GM said in November it would cut about 2,000 jobs when it ended the third shift at its Lordstown, Ohio, and Lansing Grand River plants in January.
|
|
Tulsa, Oklahoma-based Laredo Petroleum said on Tuesday it cut about 20 percent of its 340 employees, which would save the firm around $30 million per year.
|
|
People with knowledge of the matter told Reuters last November that Saudi Binladin Group, another top building firm, planned to cut about 15,000 staff in one wave.
|
|
The company cut about 200 jobs in the first quarter and through the current quarter, Chief Financial Officer Michael Berry said on a post-earnings conference call.
|
|
In November, Jones said the trade agreement was "not strong enough," citing GM's announcement to end production at five North American plants and cut about 15,000 jobs.
|
|
General Motors Co is halting production in five plants in North America and has cut about 8,000 salaried jobs, or 15 percent of its white-collar workforce.
|
|
"Each year we cut about 10% [of brands carried] and refresh our assortment with about the same amount," a Nordstrom representative told Business Insider at the time.
|
|
As part of its integration efforts, Anheuser-Busch InBev said on Friday that it was likely to cut about 3 percent of the combined company's work force.
|
|
Last month the company said it would cut about 2,900 jobs in Germany as part of a restructuring plan to achieve 500 million euros in cost savings.
|
|
Slackening auto sales were part of the reason General Motors announced last week that it would idle five plants and cut about 14,000 jobs in North America.
|
|
General Electric (GE) cut about 78,000 employees last year, according to its newly issued annual report, leaving it with about 205,000 workers at the end of 2019.
|
|
L) said in January that it would cut about 1,000 staff in its investment bank operations worldwide, with the bulk happening in Asia, while Societe Generale (SOGN.
|
|
GM said in November it would cut about 2,000 jobs when it ended the third shift at its Lordstown, Ohio, and Lansing Grand River, Michigan, plants in January.
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When I was buying a MacBook Air a couple of months ago, for example, I traded in my iPad Pro 2100 to cut about $21 off the price.
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The Organization of the Petroleum Exporting Countries estimates its output at 210.2 million bpd, meaning it needs to cut about 24.775,24.455 to 900,000 bpd to meet its target.
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Then, Hewlett-Packard Co had said it expected to cut about 33,236 jobs over three years, of which up to 2770,241 were to be cut in HP Inc.
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On Tuesday, Juul announced that it will cut about 500 jobs by the end of the year, and that four of their top executives are leaving the company.
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In other signs of a slowdown in the sector, General Motors cut about 350 jobs in August, equivalent to more than 15% of its workforce in the country.
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Named for her popular column for the Cut about wedded bliss and TMI, Unwifeable is a must-read (or must-listen) for anyone who has ever felt overexposed.
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Whiting, which expects the infrastructure constraints to continue through the year, said it had cut about 212.9 positions and expects to save about $753 million in costs annually.
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Huang, 35, penned an article for New York magazine's The Cut about the incident that occurred during a Baptist church ski trip when he was 14-years-old.
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"State regulators could cut about in half the number of man-made quakes by restricting deep injections in the ground," study author Thea Hinck told the Associated Press.
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The company also said it would cut about 9 percent of its workforce, a move that would save up to $115 million by the end of next year.
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Implats plans to cut about a third of its staff — more than 21,214.9108 jobs — over two years at its labour-intensive, conventional operations in the Rustenburg platinum belt.
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The company, which is planning to cut about $3 billion in cost by 2018 end, slashed its costs by 14.3 percent to $1.33 billion in the reporting quarter.
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Ericsson employs about 3,200 people in Spain and is expected to cut about 30 percent of its staff in its Networks division and areas other than Managed Services.
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The company also said it would cut about nine percent of its workforce, a move that would save up to $115 million by the end of next year.
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It has pledged this year to eliminate all low-quality steel production by the end of June - a move that should cut about 4 percent of steel output.
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Of course, Ethan flew into a rage and threatened to quit when senior executives informed him that, because of these costs, his bonus would be cut about 60%.
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General Motors said last month that it would idle five plants and cut about 14,000 jobs in North America in part because of a slowdown in auto sales.
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The recently approved merger between GateHouse and Gannett alone is expected to cut about 2,500 local news jobs, although not all of those jobs will be in editorial.
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General Electric (GE) – GE cut about 78,000 employees last year, according to its newly issued annual report, leaving it with about 205,000 workers at the end of 2019.
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The day after I first read Natalie Beach's essay on the Cut about her former friend Caroline Calloway — you know the one — I had to leave work early.
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The company's revenue grew more than 22013 percent in 56 — not quite enough to stave off Mr. Peretti's decision to cut about 226 of BuzzFeed's roughly 220,2185 employees.
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U.S. online lender LendingClub Corp will cut about 12 percent of its workforce as it attempts to deal with a scandal that led to the departure of its founder.
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Juul Labs plans to cut about 500 jobs by the end of the year as part of a broader reorganization plan aimed at repairing the company's relationship with regulators.
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Union officials have said the deal would cut about 400 jobs and cut wages by 20 percent compared with the pay stipulated in national collective contracts for the sector.
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Last night he retweeted Liz Meriwether's article from The Cut about the emotional and logistical difficulties of reporting sexual harassment, and added his own commentary to this important discussion.
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Cohen said he expects the Saudis could agree to cut about 500,000 barrels a day, and the United Arab Emirates and Kuwait about 100,000 each, or 200,000 at most.
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Marvell had said in September it would cut about 17 percent of its workforce as it trims its mobile business to focus on automotive technologies and Internet of Things.
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GE cut about $560 million of costs in the first half of 2018, more than half its target of $1 billion, executives said in a second-quarter conference call.
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Yahoo on Tuesday announced it would consider a reverse spinoff and cut about 210 percent of its workforce as part of a restructuring to boost a sluggish core business.
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Education: The budget would cut about $3.7 billion in grants for educational programs, including after-school and summer programs, and financial aid for first-generation and low-income students.
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In January, the company announced it would cut about 13 percent of its workforce globally, or at least 5,000 jobs, in a bid to reduce costs as sales fell.
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Vallourec said it would cut about 18 percent of its staff in Germany by 1003 and announced other savings measures, after reporting a sharp rise in full-year earnings.
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The reform aims to cut about 3 billion euros ($3.1 billion) off health care cost in the 10 years up to 2029 as Finland struggles with an ageing population.
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Last week, Boeing announced its defence business would cut about 50 executive positions as it removed a layer of management and reorganized into seven business units instead of five.
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European and U.S. banks are expected to cut about 1.7 million jobs in the next decade due to these changes, according to the research by Citi published last week.
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In October, PSA said it would cut about 400 jobs, a quarter of its workforce, at the site by the end of 2017 to improve the production facility's competitiveness.
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The finance minister aims to cut about 1 trillion Lebanese pounds ($660 million) in debt servicing through issuing low-rate treasury bonds in coordination with the Lebanese banking sector.
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At issue is a resurgent move by conservative Republicans to rescind, or cut about $60 billion in non-defense domestic spending increases that were key to winning Democratic votes.
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Hard-disk drive maker Seagate Technology said it would cut about 1,600 jobs, or 3 percent of its workforce, as the company looks to rein in costs amid waning demand.
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Reducing air leaks can cut about 10 percent offan average household&aposs monthly energy bill, saving up to $200 a year in heating and cooling costs, according to Energy Star.
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A company spokesman, Dave Tovar, says Sprint, the country's No. 4 wireless service provider, has cut about 2,500 jobs since last fall, or about 8 percent of its work force.
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Sharp cut about 6,000 jobs to 43,500 in the last financial year through early retirement and an operations overhaul including withdrawal from its money-losing North American TV set business.
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Culp said GE cut about $800 million in costs at the power unit last year, and has plans to cut another $800 million through 2020, including the headquarter cost cuts.
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It has also cut about a third of production staff to make way for more automation, the kind of unpopular decision that a government-owned company is loth to make.
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French newsletter L'Expansion reported on Monday Engie was set to book a full-year loss at this business adding that Engie planned to cut about 1,150 jobs in various functions.
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Earlier this month, Wal-Mart said it will cut about 7,000 jobs, mostly in accounting and invoicing positions at its U.S. stores, and will offer affected employees consumer-facing positions.
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Bank of America is set to cut about two dozen investment banking (IB) jobs in Asia, including some top dealmakers starting this week, according to people familiar with the matter.
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The company said it plans to cut about $80 million in costs, in addition to the $30 million in the second quarter that helped prop up operating core earnings margins.
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Marvell had said in September it would cut about 17 percent of its global workforce as it trims its mobile business to focus on automotive technologies and Internet of Things.
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In January 2016, it said it would close its cash equities business in the region and cut about 1,000 jobs in the investment banking sector worldwide, including many Asian countries.
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Cosmetics maker Avon Products said on Monday it would cut about 2,500 jobs worldwide and shift its corporate headquarters to the UK as part of its three-year turnaround plan.
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Tillerson said he told Lavrov the United States would respond to the Kremlin's order for it to cut about 60 percent of its diplomatic staff in Russia by September 1.
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The campaign will cut about $200,000 from its original buy of $1.2 million in Indiana ahead of the state's primary on May 3, where there are 83 delegates at stake.
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Australia's largest business lender said it expected to cut about 20.99,3523 staff over the next three years as it automates its business, while creating 2352,21 positions over the same period.
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The Hollywood Reporter first reported that the Brooklyn, New York-based media company would cut about 250 jobs, with the aim of trimming down and helping the organization become profitable.
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When no credible suitors materialized, the company last month said it would cut about 9 percent of its work force and closed some services, such as the video app Vine.
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HELSINKI (Reuters) - Nokia is planning to cut about 1,300 jobs in its native Finland following its acquisition of France's Alcatel-Lucent, the telecom network equipment maker said in a statement.
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The cosmetics maker Avon Products has said that it will cut about 2,500 jobs worldwide and shift its corporate headquarters to Britain as part of a three-year turnaround plan.
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She told part of her story in 2019, when Lucy Flores wrote in The Cut about the inappropriate way Biden smelled her hair and kissed the top of her head.
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Guardian U.S., which lost more than $15 million last year, announced last month that it would cut about 30 percent of its staff through voluntary buyouts and, if necessary, layoffs.
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PARIS, Jan 333 (Reuters) - Franco-Italian chipmaker STMicroelectronics on Wednesday said it would cut about 1,400 jobs worldwide as part of a global restructuring plan affecting its set-top box activity.
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The late-stage trial failure raises questions about the drug's future, coming two years after the company cut about 30 percent of its workforce to fund testing of the vaccine, ResVax.
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Boeing on Wednesday acknowledged plans to cut about 4,000 jobs in its commercial airplanes division by mid-year, and another 550 jobs in a unit that conducts flight and lab testing.
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Ericsson (ERIC) will reportedly cut about a quarter of its workforce in Italy, according to a Bloomberg report, after the telecom lost the contract to manage that country's largest wireless network.
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Those savings are in addition to the $125 million of annual cost savings the company previously announced, when it said it would cut about 5 percent of its full-time employees.
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Microsoft said it would cut about 2,850 more jobs over the next 12 months, taking its total planned job cuts to up to 4,700, or about 4 percent of its workforce.
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Economists estimate the small inventory build will cut about seven-tenths of a percentage point from first quarter GDP growth, up from the 0.22 percentage point drag in the fourth quarter.
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The Trump administration on Tuesday will propose a rule to tighten food stamp restrictions that would cut about 3.1 million people from the program, U.S. Department of Agriculture (USDA) officials said.
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Shipka, who is bringing to life the favorite Archie Comics character, spoke to The Cut about her role in the upcoming Netflix adaptation, and revealed that she's actually allergic to cats.
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Bank of America is set to cut about two dozen investment banking jobs in Asia, including some top dealmakers, sources told Reuters, as a slowdown forces western banks to cut costs.
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Harley-Davidson plans to cut about 200 positions as the company adjusts its production schedule due to a lower forecast for motorcycle shipments in 2016, a company spokeswoman said on Thursday.
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With over 76,000 commuters taking the Tozai line during rush hour, CityLab wrote, even if a full 3,000 riders participated, the initiative would still only cut about 4 percent of riders.
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OSLO (Reuters) - Norwegian telecoms firm Telenor will cut about 6,000 jobs from its global workforce in the next three years as services are automated and duplication removed, it said on Wednesday.
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Since last year Binladin, which before the crisis had a workforce fluctuating around 200,000 to 250,000, has cut about 69,000 jobs, including resignations and departures that will occur by early June.
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As part of a restructuring plan it had already broadly outlined last year, the company said it would cut about 2,000 jobs out of more than 90,000 globally at the group.
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In June, Nike revealed plans to cut about 2 percent of its global workforce, also trimming its geography segments from six to four — signs the company is trying to reduce expenses.
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Since Alden bought the Post in 2011, the firm has cut about 75 percent of the paper's employees, forced a move out of its headquarters and established paywalls on digital content.
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But the AI startup was burning cash faster than expected and missed a key revenue target before it cut about 400 jobs, according to a board presentation reviewed by Business Insider.
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The London-based bank said this morning that it planned to cut about 35,000 jobs over the next three years as it retreats from the West to focus more on Asia.
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The German bank is reportedly looking to cut about 100 million euros in annual costs by combining its domestic retail banking operation within the group's structure, the Financial Times reported Monday.
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It hopes to cut about $100 million in costs, and the news organization is grappling with buyouts and layoffs as well as the elimination of entire sections from the print publication.
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Australia's largest business lender said it expected to cut about 21,21.3033 staff over the next three years as it automates its business, while creating 2,000 new positions over the same period.
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Drugmaker Novartis will cut about 2,200 jobs in Switzerland over the next four years as it consolidates production and shifts positions elsewhere to boost profitability, the Swiss company said on Tuesday.
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Using numbers from previous Congressional Budget Office scores, the Center on Budget and Policy Priorities estimates that this proposal would cut about $202026 billion from traditional Medicaid between 2020 and 2026.
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GM plans to end output at its last Detroit factory next year, after announcing in November a plan to halt production at five North American assembly plants and cut about 15,000 jobs.
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The company said this month that it planned to cut about 900 jobs globally and sell non-core assets in a bid to lower costs by as much as $190 million annually.
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It also announced plans in October to cut about 9 percent of its workforce as part of efforts to generate $100 million to $115 million in savings by the end of 2018.
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Shares of ZTE were down 3.71 percent at 0.393 yuan per share, after the telecom equipment maker announced it would cut about 3,000 jobs, which is around 10 percent of total jobs.
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The Detroit automaker on Monday announced plans to halt production at five factories in North America and cut about 26,2000 jobs in the company's most significant restructuring since its bankruptcy in 231.
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Mr. van Beurden said that Shell had already cut about 7,500 full-time and contractor positions and that an additional 21990,250 jobs would be eliminated from the two companies after the merger.
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The company said in September it would cut about 7,000 back-office jobs, mostly in accounting and invoicing positions at its U.S. stores, as part of a program it announced in June.
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Alaska Airlines (ALK) is planning to cut about 225 management jobs at Virgin America, or about 8 percent of the workforce, starting in October, following the completion of its $4 billion takeover.
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Judge Brendan L. Shannon of the Bankruptcy Court in Delaware gave his blessings to a plan backed by a majority of the company's creditors that would cut about $200 million in debt.
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The last year has been turbulent for the web pioneer, which in February announced it would explore alternatives and put in motion a plan to cut about 15 percent of its workforce.
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The Times Sheffield Forgemasters workers steel themselves for one-in-seven job cuts Sheffield Forgemasters, Britain's premier specialist steel castings business, is set to cut about one in seven of its workforce.
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Sources at VW said last month the carmaker plans to cut about 3,000 white-collar jobs in Germany by the end of next year in addition to shedding hundreds of temporary jobs.
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KPMG plans to cut about 65 of its 635 UK partners by Christmas following a review of individual performance, the Financial Times reported on Sunday, citing two people familiar with the matter.
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Last year, Boeing cut about 0.53,200 white-collar union jobs - 850 through voluntary layoffs and 350 through involuntary reductions, said Bill Dugovich, spokesman for the Society of Professional Engineering Employees in Aerospace.
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LONDON — Centrica, owner of British Gas and the largest energy supplier in the country, said it would cut about 2000,23 jobs by 2572 as profits fell and it continued to lose customers.
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On Tuesday, Natalie Beach, a young writer, published an essay in The Cut about her experience being Ms. Calloway's friend and writing partner and editor, and, for a brief time, her maid.
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Earlier this month, Pernod Ricard said it would cut about 280 jobs through a voluntary redundancy program as part of a plan to merge its two French distribution subsidiaries Ricard and Pernod.
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Kimberly-Clark, the maker of Huggies diapers and Kleenex tissues, on Tuesday announced it will cut about 13 percent of its workforce globally in a bid to reduce costs as sales wane.
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Earlier this month, Pernod Ricard said it would cut about 280 jobs through a voluntary redundancy programme as part of a plan to merge its two French distribution subsidiaries Ricard and Pernod.
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The terror begins with Clive Barker's 1990 creature-feature "Nightbreed: The Director's Cut," about a young man (Craig Sheffer) with nightmares whose doctor (David Cronenberg) persuades him that he's a serial killer.
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Under Armour said Thursday its restructuring program will now cost more than it previously expected: It plans to cut about 193 jobs, or about 3 percent of its global workforce, by March.
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Deutsche Bank plans to cut about 100 million euros in annual costs by streamlining its corporate structure in German retail banking, the Financial Times cited people familiar with the situation as saying.
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The Swiss lender's results in 4.23 were dragged down by a hefty trading loss in the fourth quarter and restructuring charges as it moved to cut about 24.2 percent of its work force.
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Thomson Reuters Corp said it would cut about 2,000 jobs worldwide, about 4 percent of its workforce, and take a fourth-quarter charge of $200 million to $250 million to streamline its business.
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Reuters reported in February that StanChart was looking to drive returns by boosting lending to key industrial sectors and top clients, in a move that could cut about a dozen investment banking jobs.
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Judge Brendan L. Shannon of the Bankruptcy Court in Delaware gave his blessings to a plan to cut about $200 million of debt, which is backed by a majority of the company's creditors.
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In addition to the reverse spinoff, Yahoo announced Tuesday plans to cut about 15 percent of its workforce and close five offices — a step that is expected to happen in the first quarter.
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NBC, for example, announced last month that it was planning to cut about 30 percent of the ads from episodes of "Saturday Night Live" next season and allow advertisers to create original segments.
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SigFig, the robo-adviser that's inked deals to sell its tech to some of the world's biggest wealth managers, has cut about 10% of its workforce — around 20 people — Business Insider has learned.
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Saks Fifth Avenue owner Hudson's Bay said on Thursday it would cut about 23,0.013.2 jobs across North America in a major restructuring effort as it reported a wider-than-expected first-quarter loss.
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"Gimme, Gimme, Gimme (A Man After Midnight)" is by-and-large one of ABBA's most dated tracks, a moody disco cut about a woman who needs a man to protect her at night.
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If you need to lose weight, I urge you to download a comprehensive calorie chart of common foods to help you make substitutions that will cut about 500 calories from your daily diet.
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The finance minister aims for it to incorporate a cut about 1 trillion Lebanese pounds ($660 million) in debt servicing through issuing low-rate treasury bonds in coordination with the Lebanese banking sector.
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If fully implemented, the plan would have cut about six billion tons of greenhouse gas pollution over its lifetime, the equivalent of roughly a year's worth of greenhouse pollution for the entire country.
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Halliburton was forced to cut 650 jobs across Colorado, Wyoming, New Mexico, and North Dakota amid the slowing oil and gas activity, while smaller rival ProPetro cut about 150 workers, sources told Reuters.
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Risk-weighted assets outgrew the bank's internal capital generation in 2015, partly due to the bank becoming subjected to the Basel capital floor, which cut about 40bp in the Fitch Core Capital ratio.
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Intel will still look into 5G development for devices other than smartphones, but the decision to end mobile development will cut about $2.6 billion out of its revenue by 2021, according to the Journal.
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Barclays said in January that it would cut about 1,000 staff in its investment bank operations worldwide, with the bulk in Asia, while Societe Generale decided to close its equities research desk in India.
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Germany's second-largest utility plans to cut about 2,91.63 jobs at npower, a source close to the matter said on Sunday, as it confronts customer losses and billing issues at its struggling British subsidiary.
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Indicated 21000 percent higher The airline now expects to cut about 13.83,213.8 jobs by 265.0 at its catering unit LSG, instead of a previously announced 0.2.5,700 jobs, Frankfurter Allgemeine Zeitung reports, citing union Ver.di.
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Fair quickly cut about 300 employees, with severance including one month of salary and one week of health insurance coverage, devastating those who depended on the coverage for themselves and their families, employees said.
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As the novel coronavirus outbreak has caused global travel demand to plummet, the airline previously announced that it would cut about 60% of its schedule for April, while offering voluntary unpaid leaves for employees.
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LONDON — Ford Motor Company said on Thursday that it would cut about a fifth of its European work force and shut down five plants as the company deals with weak demand for its cars.
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Searching to pay for President Donald Trump's border wall with Mexico, Republicans in the House are preparing to cut about $876 million out of FEMA's total budget of $13.9 billion, the Associated Press reports.
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In December 2017, Mr. Trump cut about two million acres from two national monuments in Utah: the Bears Ears monument, created by Mr. Obama, and the Grand Staircase-Escalante monument, created by Mr. Clinton.
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The company will cut about $75 million from its 2020 budget and is evaluating shareholder dividend and salary reductions to save cash, Chief Financial Officer William Restrepo told investors on a webcast on Tuesday.
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Akamai said in the fourth quarter it cut about 5 percent of its global workforce, or about 400 positions, mostly in areas tied to its declining media business in efforts to improve operational efficiency.
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Gold Fields, which employs about 3,600 people in South Africa, said in August it would restructure its South Deep operations and would cut about 1,813 jobs, nearly a third of the workforce, to save money.
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Under Armour rose 4.3 percent after the sportswear maker said it would cut about 400 global workforce positions, as part of efforts to cut costs to compete with Nike and Germany's Adidas in North America.
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Barclays said in January that it would cut about 1,000 staff in its investment bank operations worldwide, with the bulk happening in Asia, while Societe Generale decided to close its equities research desk in India.
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CHICAGO, July 22 (Reuters) - The Trump administration on Tuesday will propose a rule to tighten food stamp restrictions that would cut about 3.1 million people from the program, U.S. Department of Agriculture (USDA) officials said.
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RBS has cut about 1,350 positions out of a workforce of 12,000 people in its branch network since mid-March and has closed more branches than any other British lender in the past two years.
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Tesla CEO Elon Musk told employees on Tuesday the company will cut about 9 percent of its workforce, but he also said the electric car maker will need to be profitable to reach its goals.
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Iran, Libya and Nigeria are expected to be exempted from OPEC's planned production cut, which seeks to cut about 700,000 barrels per day (bpd) from an estimated glut of 1.0 million to 1.5 million bpd.
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Kier has also said it would sell its housebuilding and property businesses, cut about 1,200 jobs and suspend its dividend for at least two years in its bid to lower debt and stabilise the business.
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The union push comes at a time of uncertainty caused by the purchase of Gothamist by DNAinfo last month and layoffs at DNAinfo, which has cut about a quarter of its editorial staff since February.
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Halliburton was forced to cut 650 jobs across Colorado, Wyoming, New Mexico and North Dakota amid the slowing oil and gas activity, while smaller rival ProPetro Holding Corp cut about 150 workers, sources told Reuters.
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In January, Barclays said it will cut about 1,000 jobs in investment banking worldwide and close its cash equities business in Asia, as Chief Executive Jes Staley wields the axe in a bid to reduce costs.
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PARIS (Reuters) - France's Societe Generale plans to cut about 600 jobs at its investment banking unit in Paris and a few hundred more in London and New York, a source at the bank said on Friday.
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The Montreal-based company, which has struggled in recent years with cost overruns in its aerospace unit, said on Friday it will cut about 7,500 jobs globally with about two-thirds of those in Bombardier Transportation.
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This year, Cumbria County Council plans to cut about $23 million from its budget to cushion a steady drop in funding from the national government — to $17.7 million this year from nearly $503 million in 2012.
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Analysts said this referred to Sweden's Ericsson, which on Tuesday announced a plan to cut about a fifth of its Swedish workforce and hundreds of consultants as demand for its network equipment shrinks and competition intensifies. .
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On Tuesday, Intel, the chip maker that for many years was Microsoft's inseparable partner in the PC business, reported disappointing earnings and said it would cut about 24 percent of its work force, roughly 12,000 people.
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While the Phoenix, Arizona-based company expressed confidence in selling mining assets it also revealed a plan to cut about a quarter of workers in its oil and gas business after failing to sell that unit.
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Kimberly-Clark, the maker of Huggies diapers and Kleenex tissues, announced Tuesday it will cut about 24.6 percent of its workforce globally, or at least 20183,22018 jobs, in a bid to reduce costs as sales wane.
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LONDON (Reuters) - Kier Group will sell its housebuilding and property businesses, cut about 1,19650 jobs and suspend its dividend for at least two years in a radical overhaul designed to lower debt and stabilize the business.
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On the small island of Vieques, famous to foreigners for its pristine beaches and bioluminescent bay, the local government can't afford to repair its ragged roads and will likely cut about 100 employees in upcoming weeks.
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SINGAPORE/HONG KONG (Reuters) - Morgan Stanley has cut about half a dozen equity sales, trading and research jobs across Asia as part of a global cost-cutting move, people familiar with the matter told Reuters on Wednesday.
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In response to the crisis in conventional energy generation, caused by overcapacity and a rise in renewable capacity, Uniper plans to cut about 500 million euros in costs and sell at least 2 billion euros of assets.
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Macy's said it will likely cut about 61.393,000 workers and reported that same-store sales, a key metric for retailers, fell 2.1 percent in November and December compared with the year-ago period, signaling weak holiday sales.
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Volkswagen plans to cut about 3,000 office jobs in Germany by the end of 2017 as the carmaker strives to offset the cost of its emissions test-rigging scandal, two sources at the company said on Thursday.
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Though the first round of this fight saw the teenage Texan, who was making his welterweight debut, land some big punches and open up a cut about Barberena's left eye, things would go south in the second.
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Last week sources told Reuters the bank had cut about 13 jobs in the United Arab Emirates and planned to put some staff on unpaid leave because of the hit to its business from the diplomatic dispute.
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O said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 21.1 percent of its workforce, even as it continues with its plan to revamp the business and spin it off.
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Bankrupt coal producer Alpha Natural Resources Inc won court approval on Monday for authority to reject labor contracts and retiree benefits as a way to cut about $60 million to help with a planned sale and reorganization.
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Also, by selecting soups the Canadian government may have had a message for New Jersey-based Campbell Soup, which in January announced plans to halt production of soup and broth in Canada and cut about 380 jobs.
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Wearable action-camera maker GoPro said on Wednesday it would cut about 15 percent of its workforce and shutter its entertainment business, as the one-time Wall Street favorite cuts costs to help it return to profitability.
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SINGAPORE (Reuters) - Singaporean telecom operator StarHub Ltd said on Wednesday it would cut about 12 percent of its workforce as part of a strategic revamp that will include focusing and investing in new areas such as cybersecurity.
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The company said that it would close about 125 of its least productive stores in the next three years and also cut about 2,000 of its corporate and support function positions, according to a statement on Tuesday.
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A key Boeing 737 Max supplier said Friday that it is planning to cut about 2,800 jobs as the planes remain grounded far longer than expected and the financial impact ripples through the aerospace company's supply chain.
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Germany's flagship lender was expected to cut about 1,000 jobs, or 10 percent of its staff in the United States, as scales back its global investment banking ambitions, a person familiar with the matter told Reuters last month.
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Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs.
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LONDON, June 4 (Reuters) - Spain's Banco Santander is to cut about 200 jobs in its British subsidiary as part of a reorganisation, it said on Tuesday, adding that the changes would affect the corporate and commercial banking division.
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Ford Motor is planning to cut about 10 percent of its jobs around the world as the beleaguered automaker makes a new push to increase profits and lift a stock that is lagging near a five-year low.
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In June, Nike revealed plans to cut about 2 percent of its global workforce, also trimming its geography segments from six to four: North America; Europe, Middle East and Africa; Greater China; and Asia-Pacific and Latin America.
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The United States Foreign Service is under assault by the Trump administration, which is driving out dozens of its members and seeking to cut about a third of its budget, resulting in the lowest morale in recent history.
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France's Societe Generale said on Monday it will cut about 90 jobs in its trading operations in France, blaming stricter regulations, and Credit Suisse, Deutsche Bank and Barclays have cut thousands of investment bank staff in recent months.
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Reuters reported last month that Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount across all major business centres, as the bank steps up an aggressive drive to cut costs.
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Punk and profane in her writing and her life, Acker was voracious and shape-shifting, rebellious and disruptive, and fiercely adamant (with her tattoos, piercings and signature crew cut) about the awkward and tender toughness of being embodied.
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BTG Pactual cut about 18 percent of Brazil-based staff on Thursday in an effort to rein in costs by 25 percent as part of a restructuring in the wake of the arrest of billionaire founder André Esteves.
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On Wednesday the company said it would cut about 13,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America.
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Reuters reported OPEC Secretary General Abdalla El-Badri as saying that non-OPEC producers needed to cut about 2246.19,0.443 barrels a day to complement OPEC's agreed cut of 20.44 million barrels a day to tackle the global supply glut.
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The automaker's unit Jaguar Land Rover will cut about 1,000 jobs and production at two of its English factories due to a fall in sales caused by uncertainty around Brexit and confusion over diesel policy, a source told Reuters.
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Pioneer Natural Resources Co, one of the largest producers in the Permian Basin of West Texas and New Mexico, announced on Tuesday that it had cut about a quarter of its workforce to save costs and boost shareholder value.
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Autoliv, the world's largest seatbelts and airbags maker, said it would cut about 2229,2199 jobs in areas like sales and R&D and sharpen its purchasing process, adding it had already slashed 1,200 production jobs during the second quarter.
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OPEC's members have agreed to an overall cut of 1.2 million barrels per day — with the cuts divvied up among members like so: Saudi Arabia will cut about 20083,000 barrels per day by reducing output to 10.06 million bpd.
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BANGKOK, Aug 30 (Reuters) - General Motors has cut about 350 jobs from its Thai subsidiary's operations, a labour representative said on Friday, slashing more than 15% of the workforce for the U.S. automaker that has two factories in Thailand.
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PARIS, April 5 (Reuters) - French bank Societe Generale plans to cut about 600 jobs at its investment banking unit in Paris and a few hundreds more in London and New York, a source at the bank said on Friday.
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The Organization of the Petroleum Exporting Countries in January managed to cut about 90 percent of the 1.2 million barrels it promised to remove from the market last year, according to S&P Global Platts and others that track shipments.
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BERLIN, March 10 (Reuters) - Volkswagen plans to cut about 3,000 white-collar jobs in Germany through the end of next year as the carmaker grapples with the costs of its emissions test-rigging scandal, two sources at the carmaker said.
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Tavares has since cut about 210,23 French assembly line jobs each year through voluntary departures to trim the wage bill to 43 percent of revenue from the 24 percent level he inherited - which is roughly where Opel's labor costs stand today.
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Tavares has since cut about 3,000 French assembly line jobs each year through voluntary departures to trim the wage bill to 11 percent of revenue from the 15 percent level he inherited - which is roughly where Opel's labor costs stand today.
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Tavares has since cut about 3,000 French assembly line jobs each year through voluntary departures to trim the wage bill to 11 percent of revenue from the 15 percent level he inherited — which is roughly where Opel's labor costs stand today.
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The company has also cut about 500 jobs, including about 25% of corporate positions, and will cut capital expenditures in the second half of fiscal 2020 to bring them to below C$100 million ($75.3 million), it said in the statement.
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Acting White House chief of staff and OMB Director Mick Mulvaney was pushing for a funding reduction plan that would have cut about $4 billion in foreign aid and lawmakers initially believed Ukraine aid was been caught up in that battle.
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If an effort to help lower the obesity rate (the country currently has the 2nd highest in South East Asia), the Thai Health Promotion Foundation has released the AbsorbPlate, which promises to cut about 30 calories from each Thai meal.
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CHICAGO/WASHINGTON (Reuters) - The Trump administration on Tuesday proposed a rule to tighten food stamp eligibility that would cut about 203.1 million people from the program, U.S. Department of Agriculture officials said, drawing ire from Democratic senators and advocacy groups.
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GoPro has set an aim to return to profitability on an adjusted basis next year, and to that end, said in November it would cut about 15 percent of its workforce and shut its entertainment division, which makes original content.
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Esprit said in November that it would cut about 40 percent of its non-store jobs and reduce the number of products it sells in stores as it restructures in the wake of tough competition from online and fast-fashion retailers.
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Offshore rig contractor Paragon Offshore PLC said on Wednesday it is aiming for court approval of a new plan to exit bankruptcy by June 15, bolstered by a recent deal with some creditors to cut about $2.4 billion in debt.
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"My thing is: Use your friends, use your family, use your resources to allow yourself to balance out certain things and to be able to do multiple things if you can," Hudson tells The Cut about juggling work and parenting.
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Read more: Brokerage Charles Schwab says to cut about 600 jobsThe company has meanwhile also dialed back overseas, with its Singapore office set to close at the end of this year, and its website is already informing investors of the change.
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On Monday, Russell Stokes, the president and CEO of GE Power, said his unit would aim to cut about $1 billion in structural costs, fix operational problems and adjust the size of the business to meet the realities of the market.
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You didn't hear much about Trump's hideously unpopular tax cut, about his ongoing efforts to unwind the Affordable Care Act's regulations, about his new cuts to nutrition assistance, or about how American air quality is getting worse after decades of improvement.
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General Motors announced it would idle five plants in the United States and Canada and cut about 103,000 jobs, angering President Trump and workers who blamed the company rather than Trump administration steel tariffs that have made carmaking more expensive.
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His company also earns a cut — about $20 million over 15 months, according to financial disclosure forms — which has outraged ethics experts and led to various lawsuits, including one filed in January against the Trump administration by a group of lawyers.
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The Denver, Colorado-based company, which emerged from bankruptcy in July after reaching an agreement with its lenders to cut about $1 billion of debt, said it plans to sell or wind down its assets, located mainly in Southern California.
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As it seeks to recover from an emissions cheating scandal, Volkswagen said it would cut about 220,113 jobs worldwide, including 211,2500 in Germany, as part of a deal with its powerful labor representatives to improve low profitability at its largest unit.
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Fields, whose nearly three years at the helm have been marked by a languishing share price, is expected to announce as early as this week Ford plans to cut about 10 percent of its salaried workforce in North America and Asia.
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Lilly expects to take a first-quarter pretax charge of $70 million to $90 million, or about 10 cents per share, after tax, and said the setback will cut about 17 cents per share from its full-year 2019 earnings forecast.
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The carmaker, hit by former chairman Carlos Ghosn's arrest last year and troubles at its North American business, also said its dividend will be cut about 30% in another blow to investors as its hefty payouts have been the only major attraction.
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When he played "Something Vague," though—a cut about (surprise!) depression and alienation from 2000's Fevers and Mirrors that he described as almost "too old to play"—my stomach dropped just as hard as it did the first time I heard it.
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Earlier this year, the company shut down its six physical pharmacy locations, which were scattered across the Bay Area, and cut about half its staff — 40 people — to focus on developing a delivery service that could partner with independent brick-and-mortar pharmacies.
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CALGARY, Alberta (Reuters) - Canada's Enbridge Inc said on Wednesday it would cut about 1,000 positions, or 6 percent of its work force, after buying Spectra Energy Corp of Houston, the first layoffs for the combined energy infrastructure company, the biggest in North America.
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The firm, which cut about 2,000 jobs in South Africa last year as part of its restructuring, said it needed additional capital investment at its Mponeng mine to extend its lifespan beyond eight years, but said those funds could be better invested elsewhere.
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PSA has already said it would cut about 400 jobs at the Ellesmere Port plant of Vauxhall, the British brand also acquired along with Opel from GM. (Reporting by Tom Sims in Frankfurt and Laurence Frost in Paris; Editing by David Holmes)
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The president has asked to cut about 10 percent of the department's budget for fiscal year 2020 in what an official described as a "desire to have some fiscal discipline and address some higher priority needs," according to the New York Times.
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BP Plc has agreed to cut about 5 million pounds ($6.24 million) from Chief Executive Bob Dudley's maximum pay for the next three years in a bid to avoid a shareholder revolt, Sky News said on Monday, citing people briefed on the matter.
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Among other stock moves, Under Armour rose 5.6 percent, the most on the S&P, after the sportswear maker said it would cut about 400 jobs as part of efforts to cut costs to compete with Nike and Germany's Adidas in North America.
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But with Twitter struggling to become profitable — and after the news that the company would cut about 350 jobs, or 9 percent of its work force — Vine said in a Medium post on Thursday that it would close down in the coming months.
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SAN FRANCISCO — Juul plans to cut about 500 jobs by the end of 2019, capping off a tumultuous year in which the company, once a fast-growing e-cigarette giant, has cut back its expansion efforts in the face of regulatory scrutiny around the world.
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The Organization of the Petroleum Exporting Countries said at the end of November it would cut 1.2 million bpd during the first half of 2017, and then in December reached a deal with non-OPEC producers to cut about 600,000 bpd from their output.
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Banks have been able to cut about 22.8 billion euros ($23 billion) a year, slashing over a third of their non-performing loans since a 22 peak, through write-downs, selling bad loan portfolios and agreements with debtors, and the trend is here to stay.
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J&J last week said it would cut about 27.9,23.32 jobs within the struggling unit over the next two years to generate annual cost savings of up to $228 billion and to focus on priority areas like artificial knees and devices for trauma surgery.
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As far as deficits go, the CBO found that the bill would only cut about $1.1 billion in spending over a decade, an infinitesimal amount when compared to annual spending that has already topped $4 trillion, mostly from mandatory spending outside the budgetary process.
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NEW YORK (Reuters) - Pacific Investment Management Co plans to cut about 3 percent of its workforce in the wake of a drop in assets under management since the 2014 departure of co-founder Bill Gross, according to an internal document obtained by Reuters Thursday.
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Chaparral Energy Inc won court approval on Thursday for its plan to exit the Chapter 11 bankruptcy that it launched last May, clearing the way for the oil and gas producer to cut about $1.2 billion in debt with a debt-to-equity swap.
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The company is in the midst of a plan to cut about $3 billion in costs by the end of 2018 through measures such as opening more efficient manufacturing plants and zero-based budgeting, which requires expenses to be justified for each new period.
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TOKYO, Sept 24 (Reuters) - The brokerage arm of top Japanese lender Mitsubishi UFJ Financial Group will cut about half of its staff in Asia outside of Japan, in a restructuring to be finalised as early as Wednesday, two people familiar with the matter said.
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The segment of the Dakota Access that needs completion will burrow under the ground before Lake Oahe, and then cut about 100 feet below the bottom of the river, according to environmental assessment documents from the Army Corps of Engineers and Dakota Access company.
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FEBRUARY 27 Trump's budget proposal would increase defense and security spending by $54 billion and cut about the same from non-defense programs, White House says More than 83 retired generals signed a letter pushing back on the White House's proposal to slash State Department funding.
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Humana has already cut about 2,000 jobs and reduced hiring in an effort to protect profit ahead of return of the fee and on Wednesday the company reiterated that it believes profit growth next year will fall below its long-term target of 11% to 15%.
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Parker also said in a filing in U.S. Bankruptcy Court in Houston that its finances were strained by looming maturities on its notes and a loan, forcing it into a court-supervised restructuring with a plan to cut about two-thirds of its debt and increase liquidity.
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APPEAL DEADLINE European sources said the decision to drop references to the A380 causing lost sales to Boeing had cut about $2 billion from a list of harms worth $7.5 billion that had driven the WTO's decision to allow U.S. tariffs up to the same amount.
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This is the company's second round of layoffs in 14 months: In 2017, it cut about 100 staffers after missing its revenue target of approximately $350 million by up to 20 percent; the miss led the company to put its plans for an IPO on hold.
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Teva Pharmaceuticals, the world's biggest maker of generic drugs, said on Thursday that it would cut about a quarter of its work force, or 353,000 jobs, close manufacturing and research facilities and suspend its dividend as it seeks to simplify its structure and reduce its debt.
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PhotoCredit The tech earnings season got off to a rocky start on Wednesday with the surprise warning from GoPro, the maker of action cameras, that its quarterly results would be lower than expected by Wall Street analysts and that it had cut about 7 percent of its work force.
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In January, Johnson & Johnson said it would cut about 3,000 jobs within its medical devices unit over the next two years, or about 4 to 6 percent of the struggling division's global workforce, to generate annual cost savings of up to $1 billion and focus on more innovative products.
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But perhaps that's just because we can't smell him through the TV. While talking to The Cut about the new Dolce & Gabbana The One fragrance he's the face of, actor Kit Harington blew up his beloved character's spot when asked point blank about eau de King in the North.
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Johnson & Johnson said on Tuesday it would cut about 2200,22016 jobs within its medical devices unit over the next two years, or about 260 to 12018 percent of the struggling division's global workforce, to generate annual cost savings of up to $2127 billion and focus on more innovative products.
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However, the company's profit beat estimates by a cent and the game publisher announced a new share buyback program of up to $1.5 billion, while saying it would cut about 800 jobs to focus on developing its games franchises, sending its shares up 3 percent in after-market trading.
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TOKYO, Jan 31 (Reuters) - Nippon Steel Corp will likely cut about 10% of crude steel capacity by closing both blast furnaces at its Kure site "within a few years" to better compete in the face of rising output in top producer China, Nikkei business daily reported on Friday.
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The stock, which hit a nominal low last Wednesday, has been on a wild ride the last few days, jumping almost 15 percent on Friday and then falling 12 percent on Monday, when Sprint said it had cut about 2,500 jobs since last fall, or 8 percent of its staff.
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That's why GM announced plans to close five North American plants and cut about 14,000 jobs by the end of next year: Not because GM is in trouble today, but because it will soon be in trouble if it doesn't free up the cash it needs to radically change its business.
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Sanders has been making a push in the Hoosier State, spending at least $1 million on TV ads, though the campaign will cut about $200,000 from its ad spending there and also recently said it would lay off hundreds of campaign staffers in states that have already held primary contests.
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Guardian Media Group (GMG) said it needed to cut about 50 million pounds ($71 million) from its 268 million pound annual cost base to protect the future of the paper which is known for helping to break the Edward Snowden revelation of widespread surveillance by the U.S. National Security Agency.
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The Brazilian organizers have had to cut about $500 million from the Olympic budget — affecting aspects of the Games including the opening and closing ceremonies (they're being pared back) to the athletes' dorm rooms, which won't have televisions (the organizers were going to charge the athletes for air-conditioning but backed down).
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Some in the market remained concerned about the move by OPEC members Saudi Arabia and the United Arab Emirates to cut diplomatic and transport ties with Qatar, an OPEC member that had agreed to cut about 30,000 barrels a day as part of the Organization of the Petroleum Exporting Countries agreement to reduce output.
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Cisco Systems, one of the world's largest makers of networking gear, said on Wednesday that it would cut about 7003,500 jobs — or nearly 7 percent of its work force — and post charges of up to $400 million in its first fiscal quarter as it shifts focus away from its legacy hardware toward higher-margin software.
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The company, which plans to cut about a third of its betting shops and jobs in Britain, said adjusted operating profit fell 13% to 76.2 million pounds ($92.50 million) for the six months ended June 26, as the government cut the maximum stake permitted on fixed-odds terminals, dubbed the "crack cocaine" of gambling by their critics.
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One day after announcing that it will cut about 500 jobs, four top executives reportedly stepped down from Juul on Tuesday Chief Financial Officer Tim Danaher, Chief Administrative Officer Ashley Gould, Chief Marketing Officer Craig Brommers and Senior Vice President of Advanced Technologies David Foster all voluntarily left their roles at the e-cigarette manufacturer, CNBC reported.
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According to the report, the company is gearing up to cut about one third of its workforce in the United States:The U.S. unit is also making plans to eliminate about 175 jobs, which would shrink its staff in the country to about 313 people, said the person, who asked not to be named because the financial details aren't public.
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NEW YORK (Reuters) - Oil prices fell on Thursday as OPEC forecast slower demand for its crude next year, with crude futures easing from their highest in more than a month after U.S. producers cut about half of their output in the Gulf of Mexico ahead of what could be one of the first major storms of the Atlantic hurricane.
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The bank said the shutdown of oil sands production facilities and the evacuation of residents during the Fort McMurray wildfires in May and June cut about 1.1 percentage points from annualized GDP in the second quarter, but predicted the restoration of oil production and rebuilding efforts will boost growth by 1.3 percentage points in the third quarter.
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In the latest development, TechCrunch has learned and confirmed that Udacity — the $1 billion startup co-founded by Sebastian Thrun that specialises in "nanodegrees" in tech subects that range from AI and coding through to the how-tos of digital marketing — has quietly cut about five percent of its staff since August across multiple offices globally.
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Though the song serves as a sequel to the Seattle rapper's own 2005 cut about white artists gentrifying hip-hop without carrying any of the societal stigma, it most resembles uncomfortably introspective Eminem tracks like "White America" in its weary look at what it's like to be scores of white teens' only tenuous connection to music born in the black and Latin inner city.
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No change to text.) * Corporate, institutional banking makes up bulk of revenue * Job cutting to start this week across major centres * First major move by division CEO and former HSBC banker By Anshuman Daga and Sumeet Chatterjee SINGAPORE/HONG KONG, Nov 28 (Reuters) - Standard Chartered is set to cut about a tenth of its global corporate and institutional banking headcount, sources with direct knowledge of the matter said on Monday, as the bank steps up an aggressive drive to cut costs.
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