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IKEA Cuts 7,500 Jobs In Biggest Restructure

IKEA Cuts 7,500 Jobs In Biggest Restructure

Roma Christian November 22, 2018 No Comments
Swedish furniture giant, IKEA, has issued its biggest re-structure yet, slashing around 7,500 jobs globally, primarily across office and administration. Announced on Wednesday, IKEA claims it will cut around 5%…
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Major US Tech Stocks Lose A trillion

Major US Tech Stocks Lose A trillion

Computer Daily News November 22, 2018 No Comments
The five “FAANG” stocks collectively lost more than $1 trillion in market value from recent highs as shares dropped after Tuesday’s open, US time. The stocks – Facebook, Amazon, Apple,…
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NAND Revenues Band Up

NAND Revenues Band Up

Computer Daily News November 22, 2018 No Comments
Revenues of the global NAND flash memory industry increased 4.4 percent to US$17 billion in the third quarter of 2018, despite memory prices falling 10-15 percent, according to DRAMeXchange. With…
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Woolworths Eyes Christmas For Big W Turnaround

Woolworths Eyes Christmas For Big W Turnaround

Roma Christian November 21, 2018 No Comments
Woolworths Chief Executive, Brad Banducci, asserts this Christmas is a “significant opportunity” for Big W to improve performance, despite being “early” in its turnaround journey. “We see significant opportunity to…
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