costcutting

Money

FedEx Stock Surges as Earnings Get a Boost From Cost-Cutting Efforts

Key Takeaways FedEx stock soared in after-hours trading Thursday after the company released fiscal third-quarter earnings that beat analysts’ expectations,…

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Real Estate

Redfin’s Focus On Cost-Cutting Begins To Pay Off In Q4 Earnings

Redfin continued its recovery during the fourth quarter, with revenue declining 2 percent year over year to $218.1 million —…

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Money

SolarEdge to lay off 16% of its workforce as part of cost-cutting plan

SolarEdge Technologies Inc. on Sunday said it will lay off about 16% of its workforce, about 900 employees, as part of…

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