3M to cut 2,000 jobs as disappointing start to 2019 prompts restructure – Financial Times

Industrial products group 3M said it plans to shed jobs globally as it restructures the business, and reduced this years earnings guidance after it reported first-quarter earnings that missed Wall Street expectations. The conglomerate, whose products range from Post-it notes and Magic Tape to the reflective material for road signs, pointed to slowing economic conditions…

Bankruptcy illegal: candidate – The Australian

Queensland senator Fraser Anning. Picture: AAP Far right senator Fraser Annings candidate for the central Victorian seat of Bendigo says she has been illegally and unlawfully declared bankrupt, defending her decision to nominate in contravention of Section 44 of the Constitution. Former Bendigo councillor and anti-mosque activist Julie Hoskins Australian Electoral Commission nomination form shows…

SAP earnings Q1 2019 – accounting for Qualtrics and restructuring, as an activist investor takes a stake – Diginomica

SAP CEO McDermott with SAP CFO Mucic The last couple years, SAP earnings reports have had that tantalizing/frustrating pick your own narrative quality. Narrative 1 A software giant struggles to evolve into a modern SaaS business Narrative 2 A forward-thinking innovator continues a multi-year cloud transformation, bolstered by SaaS acquisitions You can certainly pick your…

Uber APAC head Amit Jain resigns, in restructuring ahead of IPO – Livemint

Bengaluru: In a major restructuring exercise, ride-hailing service Uber Technologies Inc. has appointed Pierre-Dimitri Gore-Coty to take charge of the companys Asia-Pacific rides business, the IPO-bound startup said on Wednesday. Gore-Coty will also continue in his current role, leading the rides teams across Europe, Middle East and Africa. Amit Jain, who started the rides business…