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StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030

StanChart targets higher return in 2028, plans 15% cut in corporate roles by 2030

HONG KONG, May 19 (Reuters) - Standard Chartered on Tuesday raised its return target to more than 15% in 2028 and said it plans to cut its corporate function roles by about 15% by 2030.
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Meta Announces Layoffs to Cut 10% of Global Workforce Amid AI Restructuring

Meta Announces Layoffs to Cut 10% of Global Workforce Amid AI Restructuring

Meta Announces Layoffs to Cut 10% of Global Workforce Amid AI Restructuring
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AI21 Announces Major Workforce Reduction Following Failed Acquisition Talks

AI21 Announces Major Workforce Reduction Following Failed Acquisition Talks

AI21 Announces Major Workforce Reduction Following Failed Acquisition Talks
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Meta Plans Major Workforce Reduction, Affecting 10% of Employees

Meta Plans Major Workforce Reduction, Affecting 10% of Employees

Meta Plans Major Workforce Reduction, Affecting 10% of Employees
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Southwest Airlines Implements Layoffs Amid Restructuring Effort

Southwest Airlines Implements Layoffs Amid Restructuring Effort

Southwest Airlines Implements Layoffs Amid Restructuring Effort
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Standard Chartered names Manus Costello as permanent CFO

Standard Chartered names Manus Costello as permanent CFO

May 18 (Reuters) - Standard Chartered on Monday appointed Manus Costello as its permanent chief financial officer, succeeding Diego De Giorgi, who resigned in February after nearly three years with the bank.
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Estée Lauder Companies Considers Sale of Too Faced, Smashbox, and Dr. Jart+ Amidst Strategic Shifts

Estée Lauder Companies Considers Sale of Too Faced, Smashbox, and Dr. Jart+ Amidst Strategic Shifts

Estée Lauder Companies Considers Sale of Too Faced, Smashbox, and Dr. Jart+ Amidst Strategic Shifts
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GoPro Explores Defense Market Amid Financial Struggles and Potential Sale

GoPro Explores Defense Market Amid Financial Struggles and Potential Sale

GoPro Explores Defense Market Amid Financial Struggles and Potential Sale
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Starbucks to Lay Off 300 U.S. Employees Amid Global Workforce Review

Starbucks to Lay Off 300 U.S. Employees Amid Global Workforce Review

Starbucks to Lay Off 300 U.S. Employees Amid Global Workforce Review
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Lime Ends 'Ride for a Penny' Promotion as It Exits Denver Market

Lime Ends 'Ride for a Penny' Promotion as It Exits Denver Market

Lime Ends 'Ride for a Penny' Promotion as It Exits Denver Market
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AI Integration Transforms Consulting Industry with New Roles and Structures

AI Integration Transforms Consulting Industry with New Roles and Structures

AI Integration Transforms Consulting Industry with New Roles and Structures
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Charter Communications Emphasizes Convergence ARPU as Key Growth Metric

Charter Communications Emphasizes Convergence ARPU as Key Growth Metric

Charter Communications Emphasizes Convergence ARPU as Key Growth Metric