#hldg

[quietbeauty]

taking a poll; who's most dramtique in twilight? edward? bella? alice? rose?

[sadoldjonny]

HSBC revives 35,000 job cut plan after pandemic pause

HSBC is resuming plans to cut around 35,000 jobs which it put on ice after the coronavirus outbreak, as Europe's biggest bank grapples with the impact on its already falling profits.

[sataniccapitalist]

Coronavirus forces HSBC to cut global growth forecasts, again

Europe's biggest bank, HSBC has cut already bleak global growth forecasts even further, as lockdown restrictions extended through April and tentative economic re-openings drag on a return to business, trade and spending.

[sataniccapitalist]

Rolls-Royce considering cutting up to 15% of its workforce - source

British aero-engine maker Rolls-Royce Holdings is considering cutting up to 15% of its workforce, a source close to the company told Reuters, as customers cut production and airlines park planes due to the coronavirus pandemic.

[sataniccapitalist]

Exclusive: Hertz taps debt restructuring advisers as car rental demand evaporates, sources say

Hertz Global Holdings Inc is working with debt restructuring advisers to explore options for shoring up its finances after the coronavirus pandemic killed demand for car rentals, people familiar with the matter said on Thursday.

[jingoroandpunchi]

HSBC to slash investment bank, 35,000 jobs in strategy overhaul

HSBC Holdings PLC said on Tuesday it would shed $100 billion in assets, shrink i...

[newsintoday-net-blog]

Lumentum expects Android devices with Apple-like 3D sensing tech in 2019 (Reuters) - Lumentum Holdings Inc said on Tuesday it expects Android smartphone makers to launch devices with facial recognition technology this year even as the Apple Inc supplier forecast slightly lower-than-expected revenue for its current quarter.

[newsintoday-net-blog]

Apple supplier Lumentum’s forecast hit by weak smartphone market (Reuters) - Lumentum Holdings Inc, which supplies sensors for Apple’s FaceId feature, forecast third-quarter revenue below analysts’ estimates hurt by slowing demand for smartphones in China.