(Bloomberg) — Micron Technology Inc. is cutting executives salaries by as much as 20% and suspending bonuses as the chipmaker copes with an industrywide slump. Most Read from Bloomberg Chief Exe...
Tag: BeltTightening
Micron sales could dive more than 50%, and more belt-tightening is expected before outlook improves
Micron Technology Inc.’s revenue declines could worsen to more than 50% before inventory-saturated customers work though that product and boost sales in the second half of 2023, but before then the me...
Goldman Says Signs Are Here of Belt-Tightening Impact to Profits
(Bloomberg) — The first hints that consumer belt-tightening is passing through to corporate earnings are coming in, posing a bigger risk to US equities than stock-selling by American households,...