cut costs

Sberbank

The bitcoin technology to be tested to cut costs in document exchanges

17/10/2016(0)
Sberbank and the Federal Antimonopoly Service of the Russian Federation have launched a pilot project called Digital Ecosystem for exchanging documents using blockchain technology. The goal of the project ... Read More
HSBC-logo

HSBC to freeze salaries, hiring in 2016 in battle to cut costs

01/02/2016(0)
Europe’s largest lender, HSBC, is imposing a hiring and pay freeze across the bank globally in 2016, two sources familiar with the matter told Reuters. An email was sent ... Read More
The logo of US conglomerate General Electric is pictured at the company's site in Belfort

General Electric could cut hundreds of UK jobs

13/01/2016(0)
Takeover of Alstom’s power and grid business set to lead to job losses across Europe Approximately 6,500 jobs are at risk across Europe, including more than 600 in the ... Read More
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