Commbank's cash crisis | Advertisers avoid X like the plague | General Motors cuts 1,000 jobs

What the Flux

20-08-2024 • 6 mins

CommBank has warned that keeping cash at its bank branches is costing it more than $350 million a year.

X, formerly known as Twitter, has seen its ad revenue drop by more than 24% in the first half of this year, as advertisers stay away from it.

General Motors is cutting 1,000 software employees globally to streamline its initiatives and explore AI.

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