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Bristol Myers Squibb to cut 2,200 jobs as part of $1.5bn cost-savings drive
Thu 25 April 2024 15:17
(Sharecast News) - US drugmaker Bristol Myers Squibb on Thursday announced plans to cut its workforce by 6% as part of a $1.5bn cost-savings programme, as it reported better-than-expected results for the first quarter.
Southwest shares sink as airline reports airport exits, Q1 losses
Thu 25 April 2024 15:03
(Sharecast News) - Shares in Southwest Airlines plummeted on Thursday after the carrier announced plans to pull out of four airports to improve its financial performance, as it reported a wider-than-expected loss for the fourth quarter and trimmed its ann