You Searched For "cost cutting strategies" and got 20 results
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4 mins read
Love him or loathe him, Elon Musk is a champion of efficiency and could save the US government a fortune
Elon Musk will lead a new department to make the US government more efficient. He plans to cut spen…
PTI
3 mins read
Kraft Heinz has cut costs to the bone. Insiders say the strategy has hurt innovation, created employee turnover, and more.
Kraft Heinz has been cutting costs across the board - and here's why critics say one of the biggest…
Alex Bitter
4 mins read
Morgan Stanley says Amazon Logistics is leaving rural deliveries to the USPS - and the 'cherry picking' is a brilliant strategy to cut costs
One major contributor to USPS' woes is a 2006 law passed under President George W. Bush surrounding…
Rachel Premack
4 mins read
I developed a 5-step strategy to cut my healthcare costs after getting slammed with surprise medical bills
If you have to pay for a major unexpected medical expense, you have a few options. First, mistakes …
Kate Dore
2 mins read
Microsoft's major layoffs prove that no tech giant is safe from the market downturn
"We are seeing the clock strike midnight for the tech sector after a decade of hyper growth," said …
Paayal Zaveri
2 mins read
Credit Suisse's CEO says his traders racked up bad positions without telling anyone
"If your costs are too high and you're not taking them down, you will lead a revenue-driven strateg…
Portia Crowe
2 mins read
6 startup CEOs explain their strategy for making sure that layoffs are only ever a last resort in a recession, from slashing expenses to asking employees what kind of pay cut they can afford
Cutting headcount to survive this crisis has become a controversial subject in the startup world. …
Benjamin Pimentel
3 mins read
Cheaper Teslas are hurting profits, but Elon Musk plans to keep slashing prices. Here's why.
Tesla's price cuts are about sacrificing short-term profits in the hope of attracting more buyers a…
Beatrice Nolan,George Glover
1 min read
GM's self-driving car startup Cruise has laid off 8% of its staff, or around 150 workers
The move is aimed at cutting costs amid the ongoing coronavirus pandemic.
Charlie Wood
2 mins read
Intel says it's bringing back free office coffee to boost morale after a rough year
Intel has struggled to stay competitive in recent years, causing it to layoff thousands of employee…
Lauren Edmonds
2 mins read
OPEC is costing OPEC $200 billion a year
"Our simple calculation shows that the strategy to increase production cost Saudi Arabia about $90 …
3 mins read
3 Rules Define How Truly Exceptional Companies Think And Succeed
"What you tend to see is that as soon as you face even the mildest of headwinds people start reachi…
3 mins read
3 Rules Define How Truly Exceptional Companies Think And Succeed
"What you tend to see is that as soon as you face even the mildest of headwinds people start reachi…
1 min read
WSJ: Marissa Mayer To Announce 'Refreshed' Plan For Yahoo On Tuesday
Mayer is currently under pressure from an activist shareholder Jeff Smith. Smith, of Starboard Valu…
2 mins read
Danone, the world's largest yogurt-maker, is cutting up to 2,000 jobs as it targets $1.2 billion in annual savings
One in four jobs at Danone's Paris HQ could be axed — but CEO Emmanuel Faber said the company could…
Grace Dean
3 mins read
Lloyds is cutting 600 jobs and closing 21 branches
As part of our Group Strategic Review, we also announced 200 branch closures over the three year p…
Oscar Williams-Grut
1 min read
Deutsche Bank could reportedly see 10,000 job cuts
Under new CEO Christian Sewing, Deutsche Bank is looking at various ways to cut costs and pull out …
Dakin Campbell
2 mins read
The owner of British Gas is selling £750 million of shares - and now its stock is crashing
Centrica's strategy implementation remains on track, as it targets long-term shareholder value thro…
Will Martin
4 mins read
CEOs are suddenly having a change of heart about what their companies should stand for - and the diverging fate of 2 major corporations shows why
The company promised to increase social impact by, for example, providing products with less salt o…
Dennis Carey,Brian Dumaine,Mi…
3 mins read
3 Huge Business Mistakes Airlines Are Making Right Now
According to Lauda, one mistake he will never make is again is to merge two airlines without taking…