LG Display reports a Q2 operating loss of 116 billion won, with sales dropping 16.7% year-on-year. The company attributes the loss to strategic shifts and exchange rate challenges ...
Scale AI Inc. is cutting 200 jobs, 14% of its workforce, to become more agile and reduce bureaucracy. Interim CEO Jason Droege mentions plans to grow the application business units...
Nissan decides to sell its 51% stake in a Chennai plant to Renault, signaling a strategic shift in India. Despite challenges, Nissan and Renault remain committed to the Indian mark...
General Motors announces a 50% workforce reduction at its Cruise Robotaxi division following a strategic decision to cease funding, highlighting the competitive and costly nature o...
Target Corporation announces a strategic reduction in its diversity, equity, and inclusion initiatives, aligning with industry trends and adapting to external changes. This decisio...
Amazon and Meta are discontinuing some of their diversity, equity, and inclusion (DEI) programs, focusing on proven outcomes and fostering a genuinely inclusive culture amidst chan...
HDFC Bank marks a significant milestone as deposits surpass loans for the first time post-merger, indicating a strategic shift towards deposit accumulation and slower advances grow...
