Cost-cutting
Google announces new cost-cutting measures to focus on key matters: Report
It made this announcement Friday in a memo to staff
 "Google announces new cost-cutting measures to focus on key matters: Report")
Innovative techniques and smaller factories to help cut costs: Tesla
Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories. CEO Elon Musk and other executives outlined the goals during a 3 1/2-hour investor day presentation at Tesla's Austin, Texas, headquarters Wednesday as they presented the company's third master plan. The changes could bring the cost of a new generation of vehicles to around $25,000. Many investors were hoping to catch a glimpse of the next generation vehicles, but Musk said they wouldn't be shown until a proper product unveiling. We'd be jumping the gun if we answer your question, about the new vehicles, he told an analyst. Shares of Tesla fell nearly 6% in after-hours trading during the presentation that ended just after 8 p.m. Eastern time. Musk announced that Tesla plans to build a new factory in Mexico near Monterrey. Company executives said it will not take production from any other factories, where Tesla expects to expand ...
 "Innovative techniques and smaller factories to help cut costs: Tesla")
Pinterest lays off about 150 employees amid cost-cutting measures
Photo-sharing social media platform Pinterest is reportedly laying off about 150 employees amid cost-cutting measures.
 "Pinterest lays off about 150 employees amid cost-cutting measures")
Amazon delays joining date of some graduates amid cost-cutting efforts
Some university graduates were set to join Amazon in May but their joining has been delayed likely as a result of cost-cutting efforts
 "Amazon delays joining date of some graduates amid cost-cutting efforts")
Air India to send some employees on leave without pay for up to 5 years
The board expects that the move will save around Rs 10 crore per month
 "Air India to send some employees on leave without pay for up to 5 years")
Covid-19 impact: Mass lay-offs, cost-cutting among start-ups, says survey
Start-ups are now resorting to mass lay-offs and cost-cutting, as only a small number of them is funded to sustain till end-2020
 "Covid-19 impact: Mass lay-offs, cost-cutting among start-ups, says survey")
Limit expenses or won't sanction them: CBDT to HoDs in cost-cutting drive
Issues letter to heads of department asks to adhere to financial power
 "Limit expenses or won't sanction them: CBDT to HoDs in cost-cutting drive")
World's most expensive bank cuts drinking water cost to trim expenses
Such stringent cost control is just an example of how the lender has managed to pare expenses and boost efficiency, wooing investors along the way
 "World's most expensive bank cuts drinking water cost to trim expenses")
Cost-cutting tips for entrepreneurs
To reduce infrastructure costs, buy online, use cloud-based services for HR and telephony services, and rent office space as and when required
 "Cost-cutting tips for entrepreneurs")
