Nike sinks 12% after it slashes sales outlook, unveils $2 billion in cost cuts
Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered ...
Tag: slashes
Ford CEO Jim Farley slashes plans for new battery cell plant in latest sign the EV sales bonanza may be over
Ford chief executive Jim Farley is downsizing plans for a new low-cost battery cell plant in the automaker’s home state ...
GM’s Cruise slashes contractor roles after driverless car suspension
Kyle Vogt, chief executive office and chief technology officer of Cruise Automation Inc., during the South by Southwest (SXSW) festival ...
SoftBank-backed Improbable slashes losses by 85%, says pivot to the metaverse has paid off
Herman Narula, co-founder and CEO at Improbable, speaks during a session at the Web Summit in Lisbon.Henrique Casinhas | Sopa ...
Carl Icahn’s company stock drops 30% after IEP slashes quarterly dividend in half
Carl Icahn at the 6th annual CNBC Institutional Investor Delivering Alpha Conference on September 13, 2016.Heidi Gutman | CNBCShares of ...
