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

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

What the Flux · Flux

May 22, 20256m 59s

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Show Notes

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.

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