Tags: Cost cutting

Pfizer Unveils Multi-Year Cost-Cutting Plan to Offset Plummeting COVID-19 Vaccine Sales

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.


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UBS, in line with its austerity measures, is decreasing its office space in UBS building, Manhattan.
New Thales CEO projecting future of company. Newly appointed Thales SA Chairman and Chief Executive Officer Jean-Bernard Levy has been on the job for the last two and a half months.
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