Tags: Cost cutting
Pfizer Unveils Multi-Year Cost-Cutting Plan to Offset Plummeting COVID-19 Vaccine Sales
Pfizer has announced a multi-year cost-cutting program focusing on operational efficiencies, network structure changes, and product portfolio enhancements, aiming to save $1.5 billion by 2027 amidst declining COVID-19 vaccine sales.
As oil slides, Singapore oilfield service firms struggle to refinance debt
Two Singapore oilfield service firms are finding it tough to refinance debt maturing later this year as the slump in crude prices has made investors and lenders hesitant, banking sources said.
Peugeot choosing between GM and Dongfeng
Peugeot weighing options between a cost cutting partnership with GM or an expansion push with Dongfeng.
Austria’s second biggest lender announces ‘massive’ cost-cutting plan
Raiffeisen Bank International explores cost-cutting measures to raise Eur 1.8 billion. Austria's Raiffeisen Bank International (RBI) is about to bite the bullet as it launches a cost-cutting program to raise Eur 1.