Here are the business stories making the headlines across Scotland and the UK this morning.
Woolmanhill Hospital owners ‘actively looking’ for options to save abandoned Aberdeen site
The owner of desolate and overgrown Woolmanhill Hospital is said to be “actively looking” for new ways to rejuvenate the Aberdeen site.
In an update to concerned councillors, planning chief David Dunne said local authority officials are in “ongoing talks” with the developers, having last met in August.
It comes amid mounting doubt over the future of the historic medical facility, which has lain disused since the NHS moved out about a decade ago.
Click here to read more.
Loss-making year for Aberdeen hospitality group PB Devco
Aberdeen hospitality group PB Devco saw a slump in profits before one of its city venues was hit by a massive fire.
Newly filed accounts for the year ending March 31 2024 show pre-tax profit dropped to a £181,000 pre-tax loss in 2024 from a £553,000 profit recorded in the previous financial year.
Meanwhile turnover at the group has increased to £9.2million from £7.3million in 2023.
Read the full story in the P&J.
Meta cuts 5% of jobs to lose 'lowest performers'
Meta, the owner of Facebook, Instagram and WhatsApp, is preparing to cut about 5% of its global workforce, as the company looks to drop "low performers faster".
In a memo to staff, boss Mark Zuckerberg said he had made the decision to speed up the firm's regular performance-based cuts in anticipation of an "intense year".
He said the company would "backfill" the roles later in 2025.
Google faces UK investigation over search dominance
The UK's competition watchdog has launched an investigation into whether Google has too much power in online search.
Google accounts for 90% of UK web searches - the Competition and Markets Authority (CMA) is looking at whether it is using that dominant position to harm competition or choice for users.
It is its first investigation after gaining new powers to investigate and enforce changes at firms it determines to have "strategic market status" in digital markets.
Click here to read more.