The company is undergoing a huge staff reduction, cutting 5,000 of 16,500 jobs, and going through a cost reduction plan.
The company said it had 139 million euros ($186 million) in savings from a new cost reduction plan in the first six months of the year, the main gains in the Americas and Western Europe.
The Japanese bank, which reported a small net profit of 2.8 billion yen, or $35 million, in the three months that ended Sept. 30, has announced a $1 billion cost reduction plan, including proposed layoffs in the firm's North American and European operations.
Qualcomm announced a $1.4 billion cost reduction plan, including a $300 million decline in share-based compensation, along with $1.1 billion in cuts to personnel costs.
This is the most painful part of an overall cost reduction plan that also includes significant cuts in spending on data hosting, advertising and outside services, primarily contractors.
That discussion comes after Pincus announced a "cost reduction plan" yesterday, which included laying off 5percentt of the workforce and sunsetting 13 games.
Other points of the cost reduction plan call for cutting sales, general and administrative costs by 9% for 2003, as well as another 9% from research and development.
Today, Zynga announced a cost reduction plan expected to generate pre-tax savings of approximately $100 million, excluding an estimated $18 million to $22 million pre-tax restructuring charge in the second quarter of 2015.
