Burberry has announced plans to cut 1,700 jobs as part of a cost-saving initiative following a £66m loss. The cuts, primarily affecting the UK, aim to streamline operations and ensure the brand's future in luxury fashion.
UPS is set to lay off 20,000 employees and shut down over 70 facilities as it reduces Amazon shipments. CEO Carol Tomé emphasizes the need for cost reduction amidst uncertain economic conditions.
Find out how Amy Gleason, a health care technology executive, is spearheading the federal cost-cutting initiative associated with Elon Musk at the Department of Government Efficiency.
Qualcomm and Google team up to offer device manufacturers up to eight years of Android software and security updates, revolutionizing software support in the mobile industry and potentially reducing costs for OEMs.