Westpac cuts 5% of its workforce | Mayne Pharma's big headache | Bitcoin's major milestone episode artwork

EPISODE · May 22, 2025 · 6 MIN

Westpac cuts 5% of its workforce | Mayne Pharma's big headache | Bitcoin's major milestone

from What the Flux · host Flux

Westpac’s new CEO is cutting 5% of its workforce to reduce costs after disappointing investors with first half year results.  Mayne Pharma shares tumbled 40% after its potential buyer has threatened to walk away its $672 million takeover bid. Bitcoin hit an all-time high yesterday after breaking through the $110,000 USD barrier - and it’s now worth more than Amazon and Google. _ Learn more about iShares by BlackRock here Download the free app (App Store): http://bit.ly/FluxAppStorel Download the free app (Google Play): http://bit.ly/FluxappGooglePlay   Daily newsletter: https://bit.ly/fluxnewsletter   Flux on Instagram: http://bit.ly/fluxinsta   Flux on TikTok: https://www.tiktok.com/@flux.finance   —- The content in this podcast reflects the views and opinions of the hosts, and is intended for personal and not commercial use. We do not represent or endorse the accuracy or reliability of any opinion, statement or other information provided or distributed in these episodes. Issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523. Refer to FSG available on our website. Before making any investment decisions, you should assess whether the product or service is appropriate for you and read the PDS and TMD available at blackrock.com.au.See omnystudio.com/listener for privacy information.

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Westpac cuts 5% of its workforce | Mayne Pharma's big headache | Bitcoin's major milestone

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This episode was published on May 22, 2025.

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Westpac’s new CEO is cutting 5% of its workforce to reduce costs after disappointing investors with first half year results.  Mayne Pharma shares tumbled 40% after its potential buyer has threatened to walk away its $672 million takeover bid....

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