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Finance Jobs

Deutsche Bank CEO does not rule out job cuts

Net profit Q4 share of 1.8 billion euros compared to forecast of 951 millionThe period concludes the restructuring programQ4 investment banking revenue disappointsStocks drop as much as 5% before recouping…

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February 2, 2023
Analyst Jobs

Exclusive: Electric vehicle maker Rivian to cut 6% of jobs amid price war – internal memo

SAN FRANCISCO, Feb 1 (Reuters) - Rivian Automotive (RIVN.O) is laying off 6% of its workforce in a bid to cut costs as the electric vehicle maker, already struggling with…

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February 1, 2023
Analyst Jobs

Philips to cut 13% of jobs in safety and profitability

Philips will cut another 6,000 jobsIncreases number of layoffs since October to 13% of current workforceShares up 5.5% as fourth quarter results beat expectationsAMSTERDAM, Jan 30 (Reuters) - Dutch health-tech…

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January 31, 2023
Analyst Jobs

Unilever appoints Dutch dairy boss Schumacher as CEO

LONDON, Jan 30 (Reuters) - Consumer goods giant Unilever on Monday appointed Hein Schumacher to replace Alan Jope as chief executive from July 1, a move hailed by board member…

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January 30, 2023
Analyst Jobs

Rolls-Royce plummets as new CEO warns of ‘last chance’ for change

LONDON, Jan 27 (Reuters) - Shares of Rolls-Royce (RR.L) fell 4% on Friday after its new CEO warned staff that the aerospace company, Britain's premier blue-chip engineering group, was a…

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January 27, 2023
Analyst Jobs

Akio Toyoda should remain a force at Toyota, even if he steps down

TOKYO, Jan 27 (Reuters) - Toyota Motor Corp (7203.T) chief Akio Toyoda is expected to remain a dominant force at the world's biggest automaker for years to come and will…

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January 27, 2023
Analyst Jobs

Lexus boss to take over Toyota as founder’s grandson quits

TOKYO, Jan 26 (Reuters) - Toyota's chief executive will step down as head of the company founded by his grandfather, the automaker said on Thursday, handing over to the leader…

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January 26, 2023
Analyst Jobs

Analysis: Southern Africa sets the tone as big power contenders line up

Russia and the United States on high-level visits to the regionThe region has historical ties to Russia but greater Western tradeWar in Ukraine intensifies geopolitical rivalry over AfricaJOHANNESBURG, Jan 26…

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January 26, 2023
Analyst Jobs

Microsoft’s cloud business maintains profits in tough times

Jan 24 (Reuters) - Microsoft Corp (MSFT.O) released results on Tuesday that showed some strength in the face of a weak economy, underpinned by cloud activity that met Wall Street…

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January 26, 2023
Analyst Jobs

IBM cuts 3,900 jobs and misses annual cash target

Jan 25 (Reuters) - IBM Corp (IBM.N) on Wednesday announced 3,900 layoffs as part of some asset disposals and missed its annual cash target, dampening fourth-quarter revenue expectations .Chief Financial…

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January 26, 2023
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