losses

5 articles with this tag

Ocado reveals further job cut plans as losses narrow

Ocado has revealed plans to scale back its research and development workforce in the UK and globally as it remained loss-making last year despite a...

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UK supermarket Sainsbury's axes thousands of jobs to cut costs

The cuts will be across the company in a cost-cutting drive which will see the closure of its cafes and pizza counters. There will also be a...

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5 things to know before the stock market opens Tuesday

1. Rebound ruined The S&P 500 and Nasdaq Composite fell Monday, squashing investors' hopes of a market comeback after Friday's steep sell-off. The...

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Russia is replacing its destroyed tanks at a rate of 100 a month, UK intel says

Russia can replace its tanks at almost the rate it's losing them, the UK Defense Ministry said. Russia has lost up to 365 main battle tanks since...

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US Postal Service head to step down after 5 years

Louis DeJoy, the head of the U.S. Postal Service, intends to step down, the federal agency said Tuesday, after a nearly five-year tenure marked by...

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