Tag: Cost Reduction
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Sodium-Ion Battery Breakthrough with Cheap Electrodes
Overview: Affordable energy storage poised to shift markets In the race to replace cobalt-intensive lithium-ion technologies, a recent international effort has spotlighted a cost-conscious approach to energy storage. The team designed a sodium-ion battery (SIB) storage system built around a P2-type cathode material, Na0.67Mn0.33Ni0.33Fe0.33O2, paired with an unconventional hard carbon anode fabricated from lavender flowers.…
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Microsoft Shifts Strategy: Closing Employee Library and Cutting Back on Subscriptions
Overview: A Strategic Reallocation of Resources Microsoft has announced a significant shift in its internal information management: the closure of its employee library and a substantial reduction in various digital subscriptions. The move signals a broader reorganizational effort to streamline resources, cut costs, and reallocate budget toward core engineering, product development, and employee training. While…
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Nestlé to Cut 16,000 Jobs as New CEO Targets Sales Growth
Nestlé Announces Major Workforce Reduction as Growth Strategy Shifts into High Gear Nestlé, the Swiss owner of KitKat, Nescafé, and Purina, revealed plans to shed about 16,000 jobs over the next two years as part of a broader effort to cut costs and accelerate growth. The announcement marks a bold acceleration of restructuring under the…