Cost Cuts

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SoftBank pledges sweeping cost cuts after $23.4 billion loss

The Tokyo-based company lost the vast majority of that money -- $17.3 billion -- in the Vision Fund, as it marked down the value of holdings such as Coupang Inc., SenseTime Group Ltd. and DoorDash Inc. SoftBank also reported a $6.1 billion foreign exchange loss because of the weaker yen.
Bank of Maharashtra shares gain 19% on cost saving strategy

CNBC-TV18 had reported, quoting news agency Cogencis, that the bank will merge as many a 450-500 loss making branches as well as cut zonal offices in the next financial year

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Cost Cuts

SoftBank pledges sweeping cost cuts after $23.4 billion loss

Bank of Maharashtra shares gain 19% on cost saving strategy