Squeeze articles
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Victim assistance efforts face funding squeeze
Dollars coming from Washington to support survivors of violent crimes have dried up in recent years, and state funds to prop up struggling service providers are held up in a spending bill awaiting legislative action.
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Chinese EV Makers Squeeze Out Foreign Competition
Chinese electric vehicles are the talk of the world—or at least that part of it that is busy trying to transition from hydrocarbons-fueled to electric transport. For the most part, that talk is worried, because after turning China into the biggest EV market in the world, local carmakers are eyeing global expansion. Now, there's one more reason to worry Chinese EV makers are squeezing out foreign brands at home, too. The Financial Times reported this week how Chinese car dealers were dropping...
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IT sweats to eke out margins on pricing squeeze, staff costs
Competitive deal pricing, rising staff budgets, and mounting pressure to expand revenues amid a global budget crunch have combined to hurt FY24 operating margins at Indian outsourcing companies, with only market leader Tata Consultancy Services (TCS) bucking the trend.“Deal pricing is so competitive, service providers cannot reduce costs fast enough anymore to maintain operating margins,” said Phil Fersht, CEO of HFS Research.According to Fersht, to win deals, especially renewing existing...