Tag

Cost Savings

All articles tagged with #cost savings

business1 month ago•16 min saved

Ubisoft's Reset: Layoffs, Canceled Titles, and a Hard Return-to-Office Push

Ubisoft announced a broad organizational reset including selective studio closures, cancellations of six titles (notably a Prince of Persia project), delays to seven more, and a five‑day-a-week in-office mandate as part of a plan to save about €200 million. The company intends a “Creative House” structure focused on open-world, live-service experiences and has signaled ongoing restructurings to become more focused, efficient and sustainable amid industry shifts toward mobile gaming and capital-efficient development.

via Deadline|

#business #cost-savings #layoffs

consumer-behavior1 month ago•1 min saved

Shoppers amazed by vintage tech revival at thrift store

Amid rising living costs, more consumers are turning to thrift stores for savings and unique finds, with stories of impressive discoveries like vintage clocks and furniture going viral, highlighting the benefits of secondhand shopping for both wallets and the environment.

via Yahoo|

#consumer-behavior #cost-savings #secondhand-shopping

personal-finance1 month ago•7 min saved

Medicare Excludes These Drugs for Retirees in 2026

The article offers practical tips for retirees to protect and grow their savings, including diversifying investments with gold, working with financial advisors, reducing debt, securing digital assets, and saving on major expenses like insurance and phone plans, along with a bonus on affordable weight-loss medications.

via Money Talks News|

#cost-savings #debt-relief #digital-security

business2 months ago•4 min saved

European Banks Poised for Growth with AI and Strategic Bets in 2026

European banks are expected to continue their strong rally in 2026, driven by AI-driven cost savings and improved earnings, despite economic uncertainties. AI is seen as a key factor in boosting operational efficiency and valuation, with investors optimistic about the sector's growth and shareholder returns. However, risks related to AI exuberance and geopolitical shocks remain.

via Reuters|

#ai-boom #business #cost-savings

politics2 months ago•2 min saved

Trump Announces Major Reset of Fuel Economy Standards and Policies

President Trump announced a reset of the Corporate Average Fuel Economy (CAFE) standards, reversing the Biden Administration's stricter targets, which were seen as unrealistic and costly. This move aims to save American families $109 billion over five years, reduce vehicle costs, and prevent unnecessary shifts to electric vehicles, while also protecting the auto industry from fines and ensuring feasible standards for automakers.

via The White House (.gov)|

#automakers #biden #cafe-standards

world3 months ago•2 min saved

U.S. Mint Ends Penny Production After Over 200 Years

The US Mint has stopped producing the penny as legal tender, citing its high production costs exceeding its value, with the final coin struck and set for auction, though pennies remain legal tender and in circulation.

via NBC News|

#coin-production #cost-savings #legal-tender

world3 months ago•3 min saved

US Mint Ends Penny Production as 1-Cent Coin Is Canceled

The US Mint in Philadelphia has ceased production of the penny, citing cost inefficiencies and the coin's decreasing relevance, with the final coins struck and auctioned off, marking the end of a 200-year tradition despite nostalgic and practical concerns.

via WTOP|

#coin-cancellation #cost-savings #pennies

world3 months ago•2 min saved

US Mint Produces Last Penny After Over Two Centuries

The US Mint in Philadelphia has ceased production of the penny to save costs and due to its decreasing relevance, with the final coins struck and auctioned off. While still legal tender, pennies are no longer being made, marking the end of a coin that has been part of American history since 1793, despite some nostalgia and concerns from retailers and collectors.

via abcnews.go.com|

#coin-cancellation #cost-savings #history

business3 months ago•2 min saved

US Mint halts penny production after 230 years

The US is ending penny production after over 230 years to save approximately $56 million annually, as the coins now cost more to produce than their face value and are increasingly obsolete due to electronic transactions. The coins will remain in circulation, but businesses are already adjusting prices, and the move is part of a broader trend of phasing out low-value coins in other countries.

via BBC|

#business #circulation #coin-phase-out

world3 months ago•2 min saved

US Mint to cease penny production amid phaseout

The US Mint in Philadelphia is producing its last circulating penny due to the cost of production exceeding its value, with the phase-out expected to save the government $56 million annually, reflecting changing economic and technological landscapes.

via AP News|

#coin-phase-out #cost-savings #penny

business3 months ago•2 min saved

Paramount Employees Quit or Take Buyouts Over Return-to-Office Policy

Approximately 600 employees at Paramount Skydance opted for voluntary buyouts to avoid returning to a five-day in-office workweek, amid ongoing layoffs and restructuring following a merger and strategic cost-cutting measures, including divestitures and increased streaming prices.

via Variety|

#business #buyout-packages #cost-savings

business3 months ago•3 min saved

Paramount Under Ellison: Job Cuts, TV Expansion, and Financial Reshaping

Paramount Skydance plans to cut 1,600 jobs and save at least $3 billion, investing the savings into streaming, UFC, and film production, amid restructuring and a focus on growth under new CEO David Ellison, who is also pursuing a potential acquisition of Warner Bros.

via Bloomberg.com|

#business #cost-savings #job-cuts

business3 months ago•3 min saved

Paramount Boosts Skydance Merger Savings and Expands TV Studio Amid Streaming Growth

Paramount's Q3 revenue missed Wall Street estimates at $6.7 billion, but the company raised its 2026 revenue and OIBDA projections, and increased its cost savings target from the Skydance merger to $3 billion. Despite a net loss and declining ad revenue, investors responded positively, and the company continues strategic dealmaking and workforce adjustments to strengthen its future.

via Deadline|

#business #cost-savings #entertainment-industry

business4 months ago•1 min saved

UPS Cuts Thousands of Jobs as Profit Surges

UPS has announced an additional 14,000 job cuts as part of its turnaround efforts, bringing total cuts this year to around 34,000, mainly within management, and is closing numerous facilities to reduce costs. Despite these cuts, UPS's third-quarter earnings exceeded expectations, driven by cost savings and a significant deal with Amazon to reduce volume, leading to a surge in its stock price.

via Atlanta News First|

#amazon #business #cost-savings

business4 months ago•2 min saved

UPS Shares Surge on Strong Earnings and Positive Outlook

UPS exceeded Wall Street earnings expectations in Q3, driven by a major turnaround plan that included workforce reductions and property sales, leading to a 10% premarket stock increase and an optimistic outlook for the holiday season.

via CNBC|

#business #cost-savings #earnings