Carrier Global (NYSE:CARR) announced a plan to cut 3,000 jobs as part of a large cost reduction effort. The company is selling its Riello business as it reshapes its portfolio. Carrier is pushing aggressively into data center cooling, targeting demand from digital infrastructure. The company also plans to return capital to shareholders through share repurchases. For investors watching NYSE:CARR, these moves come as the stock trades around $65.4, with a return of 22.2% year to date and 50.8%…Read More
Carrier Global Resets Portfolio With Job Cuts And Data Center Push
