#financial-losses
#financial-losses
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#real-estate
Boston real estate
fromBoston Condos For Sale Ford Realty
3 months agoBoston Condo Sellers - Read This Before Signing Up With Compass Boston Condos For Sale Ford Realty
Sellers not using MLS lost over $1 billion collectively in two years.
Selling off MLS results in homes fetching lower prices by about $4,975 or 1.5%.
Boston real estate
fromBoston Condos For Sale Ford Realty
3 months agoBoston Condo Sellers - Read This Before Signing Up With Compass Boston Condos For Sale Ford Realty
Sellers not using MLS lost over $1 billion collectively in two years.
Selling off MLS results in homes fetching lower prices by about $4,975 or 1.5%.
Software development
fromIT Pro
3 weeks agoPoor software testing risks software outages
Many organizations prioritize speed over software quality, risking outages.
The UK has a higher rate of untested code deployments than the global average.
Financial losses due to poor quality software are prevalent among organizations.
SF real estate
fromwww.mercurynews.com
1 month agoBay Area lender claims bankruptcy, citing $70 million in liabilities
A San Rafael lending business enters bankruptcy, leaving local investors worried about financial losses.
Many creditors are facing severe losses due to the company's liabilities exceeding its assets.
#usps
US Elections
fromtime.com
3 months agoTrump Says He May Take Control of the U.S. Postal Service. Here's What to Know
Trump may move USPS to Commerce Department control to improve efficiency and reduce losses.
The USPS has lost significant money amid declining mail volumes and demands for privatization.
US politics
fromNew York Post
2 months agoTime to privatize the US Postal Service, the leak double standard and other commentary
USPS incurred major financial losses, prompting discussions on potential privatization as a solution.
Traditional mail usage is drastically declining, indicating the need for modernization and disruption in postal services.
US politics
fromNew York Post
2 months agoTime to privatize the US Postal Service, the leak double standard and other commentary
USPS incurred major financial losses, prompting discussions on potential privatization as a solution.
Traditional mail usage is drastically declining, indicating the need for modernization and disruption in postal services.
#walgreens
NYC startup
fromwww.nytimes.com
3 months agoWalgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Walgreens Boots Alliance will be acquired by Sycamore Partners in a $10 billion deal to escape public market pressures.
fromMedCity News
5 months agoBusiness
Why Walgreens Is Reportedly Considering a Private Equity Buyer - MedCity News
Walgreens is reportedly exploring a sale due to massive financial losses and declining stock value.
Experts suggest selling to private equity might be a strategic move for Walgreens' future.
#job-cuts
London startup
fromLondon Business News | Londonlovesbusiness.com
3 months agoAston Martin cuts its workforce over 'difficult but necessary' cost cutting - London Business News | Londonlovesbusiness.com
Aston Martin has cut 5% of its workforce amid widening losses, planning to save £25 million through job reductions.
London startup
fromLondon Business News | Londonlovesbusiness.com
3 months agoAston Martin cuts its workforce over 'difficult but necessary' cost cutting - London Business News | Londonlovesbusiness.com
Aston Martin has cut 5% of its workforce amid widening losses, planning to save £25 million through job reductions.
US news
fromwww.nytimes.com
3 months agoSo, You Want to Get Rid of the Penny. Do You Have a Plan for the Nickel?
Trump orders halt on penny production due to high minting costs.
Cost of producing pennies exceeds their face value, leading to financial losses.
More efficient coins could save government money in the long run.
London startup
fromLondon Business News | Londonlovesbusiness.com
3 months agoUK retailers losing out on 4.3 billion annually from outdated payment cards - London Business News | Londonlovesbusiness.com
UK retailers are losing £4.3 billion annually from subscription cancellations due to outdated payment information.
#intel
Tech industry
fromThe Verge
8 months agoIntel's big turnaround plan includes spinning off its chipmaking business
Intel is restructuring by spinning off its chip-making business to improve efficiency and recover from significant losses.
The Intel Foundry will become an independent subsidiary to clarify its operations and financial reporting.
Tech industry
fromThe Verge
8 months agoIntel's big turnaround plan includes spinning off its chipmaking business
Intel is restructuring by spinning off its chip-making business to improve efficiency and recover from significant losses.
The Intel Foundry will become an independent subsidiary to clarify its operations and financial reporting.
fromTechCrunch
5 months agoOpenAI is losing money on its pricey ChatGPT Pro plan, CEO Sam Altman says | TechCrunch
OpenAI CEO Sam Altman admitted that the company is losing money on the $200-per-month ChatGPT Pro plan due to unexpectedly high usage."I personally chose the price," Altman wrote in a series of posts on X, "and thought we would make some money." This indicates that the initial pricing strategy did not align with the actual demand and usage patterns.
Miscellaneous
fromComputerWeekly.com
7 months agoERP horror stories and how to get back on track | Computer Weekly
According to the 2024 Gartner Research, 'more than 70% of recently implemented ERP initiatives will fail to fully meet their original business case goals.' This stark statistic underscores the critical need for organizations to assess risks and set realistic expectations before undertaking such complex projects. Failure in ERP systems can lead to inefficient operations that impact employee productivity, customer satisfaction, and ultimately, the business's financial health.
Miscellaneous
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