Ocado has revealed plans to scale back its research and development ... said it was trimming investment on R&D to cut costs, having spent more than £800 million in this area over the past four ...

The group, which runs robotic warehouses for other chains alongside its Ocado Retail business as a joint venture with M&S, said it was trimming investment on R&D to cut ... of its plans to become ...

Mercedes-Benz and its subsidiaries are planning to cut up to 15% of their workforce in China amid increasing competition, Bloomberg reports, citing people familiar with the matter. --The job cuts ...

The plan, narrowly approved with all but one Republican in support and every Democrat opposed, aims to cut federal spending by $2 trillion over 10 years. Though the details have yet to be worked ...

The luxury car manufacturer said it is planning to axe 5% of its workforce as part of a cost-cutting plan, as it seeks to return to profit amid a slew of new product launches. The British ...

Aston Martin has cut 170 jobs after losses widened by a fifth last year and it sold fewer cars than in 2023, following a string of supply chain issues and production delays. The luxury car ...