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🇩🇪 FAZ
National & Local

ARD Hits Show: After thirty years: "Immer wieder sonntags" canceled

The ARD has decided to cancel the long-running musical program "Immer wieder sonntags" due to cost-cutting measures and a desire to attract younger viewers.

Mar 20 • 12:35 UTC
🇬🇧 Guardian
National & Local

BP to sell German oil refinery as part of $20bn cost-cutting plan

BP is divesting its German oil refinery in Gelsenkirchen to cut costs and streamline operations as part of a broader $20 billion asset sell-off.

Mar 19 • 11:20 UTC
🇺🇸 Fox News
National & Local

Bars turn to 'tiny' cocktails as Americans trim drinking, spending amid rising prices

Bars in the U.S. are increasingly offering smaller cocktails as a response to changing consumer habits focused on moderation and cost-cutting.

Mar 19 • 11:00 UTC
🇦🇷 Clarin (ES)
National & Local

The live reaction of La Negra Vernaci upon learning about the end of her program on Radio Pop: 'It was a bucket of cold water'

La Negra Vernaci and Lizy Tagliani will end their radio programs on Radio Pop FM 101.5 due to cost-cutting measures by the station's management.

Mar 18 • 20:26 UTC
🇱🇹 Lrytas
National & Local

Hundred-million investments did not save: German giant withdraws from Lithuania

German auto parts supplier Aumovio plans to shut down several production sites in Lithuania and China as part of a cost-cutting program due to declining orders across Europe.

Mar 18 • 12:15 UTC
🇱🇻 TVNET
National & Local

Nordea Bank to Eliminate Hundreds of Jobs

Nordea Bank announced plans to cut approximately 1,500 jobs as part of a cost-cutting strategy.

Mar 17 • 10:12 UTC
🇬🇧 Guardian
National & Local

Close Brothers banking group to cut 600 jobs amid cost of car finance scandal

Close Brothers is set to eliminate around 600 jobs as part of cost-cutting measures in response to financial losses linked to a motor finance scandal.

Mar 17 • 09:08 UTC
🇯🇵 Asahi Shimbun (JP)
National & Local

Prime Minister Takaichi: "Transition Phase to a New Growth-Type Economy" Emphasizing Responsible Proactive Finance

Prime Minister Takaichi outlines Japan's transition from a cost-cutting economy to a growth-oriented economy while advocating for responsible finance.

Mar 17 • 02:10 UTC
🇩🇪 SZ
National & Local

Munich Theater in Financial Trouble: Cost-Cutting Program for the Kammerspiele

The Munich Kammerspiele theater faces significant budget cuts due to the city's financial constraints, leading to a multi-year consolidation plan to ensure its survival and artistic direction stability.

Mar 13 • 08:41 UTC
🇦🇷 La Nacion (ES)
National & Local

Measure: the porteño government will open the bidding for the two public radios and the TV signal

The porteño government in Argentina plans to open bidding for the management of two public radio stations and a television channel as part of its cost-cutting measures.

Mar 12 • 22:34 UTC
🇦🇷 La Nacion (ES)
National & Local

The Buenos Aires government is considering privatizing the city's public media

The Buenos Aires government, led by Jorge Macri, is contemplating privatizing its public media outlets, including two radio stations and a television channel, as part of its cost-cutting measures.

Mar 10 • 20:18 UTC
🇬🇧 Mirror
National & Local

HMS Dragon delay 'explained' as union suggests real reason why ship is still in dock

The Prospect Union claims that delays in deploying HMS Dragon to the Mediterranean stem from cost-cutting measures that have reduced staff working hours, a point disputed by the Ministry of Defence.

Mar 6 • 22:44 UTC
🇪🇨 El Universo (ES)
National & Local

When inefficiency costs more than adjustment

The article discusses the need to sort out public finances in Ecuador while questioning whether cutting human resources is the right strategy, as operational losses may surpass savings from layoffs.

Mar 6 • 13:46 UTC
🇳🇬 Punch
National & Local

Canal+ to shut down Showmax after MultiChoice takeover

Canal+ will discontinue the Showmax streaming service as part of cost-cutting measures following its acquisition of MultiChoice.

Mar 5 • 09:40 UTC
🇸🇪 Dagens Nyheter
National & Local

DN Debate Responses. 'The Mothers at Our Maternity Ward testify: Left in Bloody Sheets'

The article highlights the concerns of maternity ward staff in Malmö over cost-cutting measures that they argue have negatively impacted patient care and resulted in poor treatment for mothers.

Mar 5 • 06:12 UTC
🇩🇪 SZ
National & Local

Salary: Mercedes CEO earns 31 percent less

Mercedes CEO Ola Källenius is set to earn 31 percent less in 2025, reflecting the company's economic performance and ongoing cost-cutting measures.

Mar 3 • 14:55 UTC
🇱🇹 Lrytas
National & Local

Famous IT company lays off some employees: the manager explained the decision's implications

A well-known Lithuanian IT company is planning to lay off 21 employees as part of a cost-cutting measure to enhance competitiveness and technological efficiency.

Mar 2 • 14:03 UTC
🇧🇷 G1 (PT)
National & Local

143-Year Anniversary Celebration of Barra Bonita Canceled Due to Cost-Cutting Measures

The 143-year anniversary celebration of Barra Bonita has been canceled by the local government in an effort to conserve public spending.

Feb 27 • 12:40 UTC
🇬🇧 Mirror
Sports

Man Utd’s debt rises AGAIN as worrying numbers paint grim picture for Sir Jim Ratcliffe

Manchester United's debt has increased significantly, with the club reporting a total debt of £777 million, amidst cost-cutting measures by its owner Sir Jim Ratcliffe.

Feb 27 • 08:40 UTC
🇸🇪 Dagens Nyheter
National & Local

DN Debate Replies. “No, the newborns at the maternity ward are not dried with rough paper”

The Chairman of the Skåne University Hospital's hospital board, Maria Berglund, addresses concerns about changes in maternity ward practices, clarifying they do not stem from cost-cutting measures.

Feb 27 • 07:00 UTC
🇲🇽 El Financiero (ES)
National & Local

Well-designed benefits: a lever for organizational resilience

Organizations facing economic tension and inflation are advised to invest in human capital rather than merely cutting costs to recover from crises.

Feb 26 • 08:16 UTC
🇬🇧 Mirror
National & Local

Sir Jim Ratcliffe's brutal cost-cutting pays off - but reputational damage is done

Sir Jim Ratcliffe's cost-cutting measures at Manchester United have resulted in significant financial improvement but have also caused reputational harm to the club.

Feb 25 • 15:03 UTC
🇧🇷 Folha (PT)
Sports

Manchester United's transformation plan generates quarterly profit, despite revenue decline

Manchester United reported a quarterly profit driven by cost-cutting measures, despite a drop in sponsorship revenue and ticket sales due to their absence from European competitions.

Feb 25 • 14:50 UTC
🇩🇪 SZ
National & Local

Savings Decision to Be Reversed: District Administrator Concedes to Carnival Revelers

Ebersberg's district administrator plans to reverse a cost-cutting measure after being criticized during local carnival celebrations.

Feb 25 • 14:34 UTC
🇬🇧 Mirror
National & Local

Man Utd profits soar as latest financial results revealed after Sir Jim Ratcliffe cost-cutting

Manchester United posted an operating profit of £32.6 million for the first half of the financial year, a significant turnaround from the previous year's loss, largely due to cost-cutting measures implemented by co-owner Sir Jim Ratcliffe.

Feb 25 • 12:07 UTC
🇱🇻 LSM
National & Local

Ukraine's Strategy Aims to Raise the Cost of War for Russia to Achieve Peace

Ukraine plans to increase the cost of the war for Russia in order to achieve peace, focusing on enhancing air defense, halting Russian attacks, and cutting off economic resources fueling its war efforts.

Feb 25 • 02:44 UTC
🇵🇱 Rzeczpospolita
National & Local

Volkswagen Cuts Costs: Factory Closures and 60 Billion Euros in Savings

Volkswagen plans to cut costs by 20% across all brands by 2028, with potential factory closures aimed at achieving savings of up to 60 billion euros.

Feb 18 • 11:00 UTC
🇩🇪 FAZ
National & Local

Automotive Industry: Volkswagen Lets the Next Cost-Cutting Hammer Swing

Volkswagen is under increasing pressure to implement more aggressive cost-cutting measures as it prepares for its upcoming annual press conference amid ongoing crises and challenges.

Feb 17 • 19:22 UTC
🇩🇪 FAZ
National & Local

Auto Industry: Explosive VW Cost-Cutting Round

Volkswagen is facing pressure to reduce costs despite a recent influx of six billion Euros, with management proposing a significant restructuring initiative that could affect employees amid bonuses for top executives.

Feb 17 • 14:38 UTC
🇪🇪 ERR
National & Local

VW wants to improve profitability and plans extensive cuts

Volkswagen's CEO Oliver Blume has announced a major cost-cutting program aimed at reducing expenses by 20% across all brands by 2028.

Feb 17 • 13:22 UTC
🇬🇧 Mirror
National & Local

Morrisons 'to sell dozens of in-store pharmacies' as it scrambles to slash costs

Morrisons is planning to sell several of its in-store pharmacies to reduce costs amid significant financial losses.

Feb 17 • 10:15 UTC
🇩🇪 FAZ
National & Local

Cost-Cutting Measures: The Church is Overwhelmed by Reform Pressure

The planned cuts in the Protestant Church reflect an increasing severity in response to financial pressures.

Feb 17 • 06:05 UTC
🇶🇦 Al Jazeera
National & Local

Volkswagen plans to cut costs by 20% by 2028

Volkswagen intends to reduce its expenses by up to 20% by the end of 2028 to recover sustainable profitability amid increasing market challenges.

Feb 16 • 07:35 UTC
🇧🇷 Folha (PT)
National & Local

Companies streamline structure, and Brazil eliminates more than 300,000 managerial and director positions in 6 years

Brazil has seen the elimination of over 300,000 managerial and director positions since 2020 due to corporate restructuring and cost-cutting measures, amidst a growing overall job market.

Feb 16 • 02:00 UTC
🇩🇪 FAZ
National & Local

Business Ticker: Volkswagen aims to cut costs by 20 percent by 2028

Volkswagen plans to reduce its costs by 20 percent by 2028, with potential factory closures on the table, as announced by CEO Oliver Blume and CFO Arno Antlitz.

Feb 15 • 09:17 UTC
🇳🇴 NRK
National & Local

BBC must cut ten percent of costs

The BBC is facing significant financial pressure and must reduce costs by ten percent over the next three years, amounting to potential savings of up to £600 million.

Feb 12 • 23:06 UTC
🇫🇮 Yle Uutiset
National & Local

BBC announces hundreds of millions in additional savings

The BBC has announced a 10% budget cut over the next three years, which could amount to hundreds of millions of pounds in savings.

Feb 12 • 19:23 UTC
🇨🇳 South China Morning Post
National & Local

China turns old oil pipeline into new carbon highway in green cost-cutting gambit

China has successfully repurposed an old oil pipeline for carbon dioxide transportation, marking a significant step towards achieving its decarbonisation goals.

Feb 11 • 02:00 UTC
🇫🇷 Le Figaro
National & Local

"Bad decisions keep piling up": the strike at Ubisoft followed by 1200 employees, according to the unions

A significant strike at Ubisoft France is seeing participation from 1200 employees as the company faces major restructuring and cost-cutting plans.

Feb 10 • 18:42 UTC
🇯🇵 Asahi Shimbun (JP)
National & Local

Sumitomo Heavy Industries to Reduce Employee Numbers by 500, Halting Re-employment Offers for Seniors

Sumitomo Heavy Industries has announced a plan to reduce its workforce by 500 employees as part of cost-cutting measures.

Feb 10 • 10:12 UTC
🇪🇸 El País
National & Local

Santander prepares a significant cost-cutting strategy and efficiency improvements in its strategic plan

Santander is set to implement significant cost-cutting measures and efficiency improvements as part of its new strategic plan, which will also focus on integrating artificial intelligence solutions.

Feb 10 • 04:15 UTC
🇵🇱 Rzeczpospolita
National & Local

PGG again needs state aid. Cost-cutting continues

Polska Grupa Górnicza (PGG) requires additional financial support from the government due to declining coal production and market challenges.

Feb 9 • 10:10 UTC
🇬🇧 Mirror
National & Local

Tensions rise among ITV daytime stars over shared toilets and dressing rooms

ITV daytime stars are experiencing low morale due to shared toilets and cramped dressing rooms in the new studio, leading to frustrations among staff.

Feb 8 • 13:57 UTC
🇬🇧 Guardian
National & Local

NHS hiring bans in cancer units shortsighted and dangerous, doctors warn

Doctors warn that NHS recruitment freezes for cancer treatment units amidst cost-cutting measures are shortsighted and potentially hazardous given the rising demand for cancer care.

Feb 6 • 17:58 UTC
🇩🇰 DR Nyheder
National & Local

Maersk announces layoffs of up to 1,000 employees

As part of a cost-cutting plan, A.P. Moller Maersk will lay off 15 percent of its administrative staff, amounting to approximately 1,000 employees, primarily affecting its Denmark headquarters.

Feb 5 • 08:00 UTC
🇺🇸 Fox News
National & Local

GOP must race for new 'big, beautiful bill' to slash costs before midterms, top House Republicans warn

House Republicans are calling for urgent action to pass a substantial cost-cutting bill before the midterm elections, emphasizing the need for progress within February.

Feb 4 • 15:00 UTC
🇪🇸 El País
National & Local

Mediaset tries to cut costs in light of low audiences and merges the set and newsrooms of Informativos Telecinco and Noticias Cuatro

Mediaset is merging the news teams and recording locations of Telecinco and Noticias Cuatro to reduce costs amid historically low audience ratings.

Feb 3 • 16:03 UTC
🇩🇰 DR Nyheder
National & Local

Demant in major cost-cutting round: 700 employees globally may be affected

The Danish hearing aid company Demant plans to undergo a cost-saving exercise over the next two years, expected to impact 700 employees worldwide, with 150 of those in Denmark, due to lower market growth in the hearing aid sector.

Feb 3 • 09:03 UTC
🇷🇺 The Moscow Times
World

Canada Stops Issuing Visas Inside Russia

Canada has halted visa issuance at its processing centers in Russia as part of a cost-cutting and modernization effort, not a change in immigration policy for Russian citizens.

Feb 3 • 07:00 UTC
🇵🇱 Rzeczpospolita
National & Local

The number of holiday reservations has increased, but their value is lower. Tourists are cutting costs

This winter season has seen an increase in reservations for ski resorts, but tourists are opting for cheaper options and cutting costs on travel.

Jan 12 • 13:21 UTC

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