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Companies Logistics News

Delhivery Reported 32% Rise In Net Loss In Q4 At Rs 158 Cr

Delhivery, a logistics company on Friday reported an increase of 32 per cent year-on-year (YoY) in consolidated net loss at Rs 158.6 crore in the quarter that ended on 31 March 2023, compared to Rs 119.8 crore the previous year in the same quarter. The company’s revenue declined by 10 per cent YoY at Rs […]

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Goodyear To Lay Off 500 Jobs: WSJ

Goodyear Tire and Rubber Company said it will cut about 500 jobs, which is about 5 per cent of its total workforce, in its aim for cost-cutting, the Wall Street Journal. The company had also warned on Friday that fourth-quarter results fell below expectations as the elevated inflationary environment decapitated demand, according to a statement […]

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