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Cost Cutting

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John Donahoe
RetailHundreds of staffers laid off at Nike, as second-round cuts hit Oregon headquarters
By Kim Bhasin, Leslie Patton and BloombergApril 19, 2024
A Metro Bank Holdings Plc branch in London, UK.
FinanceStruggling Metro Bank to cut 1000 employees and slash its opening hours as it looks to find $38.4 million in savings
By Leonard Kehnscherper and BloombergMarch 13, 2024
Tolga Oncu standing with lights behind him
RetailIKEA’s price cuts come from a cocktail of automation, low raw material costs and ‘saving for the rainy days’
By Prarthana PrakashFebruary 10, 2024
Facing reports of more job cuts, Flexport CEO Ryan Petersen explains why he raised $260 million from Shopify
FinanceFacing reports of more job cuts, Flexport CEO Ryan Petersen explains why he raised $260 million from Shopify
By Will DanielJanuary 26, 2024
Photo of Tufan Erginbilgic speaking
FinanceRolls-Royce CEO who once described the company as a ‘burning platform’ is planning to cut up to 2,500 white-collar jobs
By Prarthana PrakashOctober 17, 2023
A Microsoft HR boss wrote a legendary memo 30 years ago about lavish employee perks and cost-cutting that offers important lessons for today’s tech companies
TechA Microsoft HR boss wrote a legendary memo 30 years ago about lavish employee perks and cost-cutting that offers important lessons for today’s tech companies
By Kylie RobisonApril 4, 2023
Google CFO Ruth Porat
TechGoogle has gone from offering perks like free massages to cutting back on snacks as the company tightens its belt
By Tristan BoveApril 3, 2023
Amazon is cutting its 30-year-old fabric brand as it moves to slash costs
RetailAmazon is cutting its 30-year-old fabric brand as it moves to slash costs
By Haleluya Hadero and The Associated PressOctober 21, 2022
There’s a storm brewing in cloud computing–and most firms aren’t prepared for it
CommentaryThere’s a storm brewing in cloud computing–and most firms aren’t prepared for it
By Joe AtkinsonAugust 30, 2022
Woman working at home
LeadershipHow much money employers can save when they switch to remote or hybrid work
By Aman KidwaiAugust 15, 2022
A businessman sits in an office working on a computer.
NewslettersDEI, ethics, and social impact face crucial tests amid recession talk
By Aman KidwaiJuly 8, 2022
Elon Musk
FinanceAt least 5 senior executives fled Twitter as its stock fell another 18% a week, rendering Musk bid even more expensive
By Tristan BoveMay 18, 2022
Coming out of a crisis, the boldest companies win
LeadershipComing out of a crisis, the boldest companies win
By Geoff ColvinJune 25, 2020
CHINA-AVIATION-ABACE
LeadershipGE’s New CEO Is Cutting Some of Management’s Favorite Perks
By Keshia HannamOctober 19, 2017
Pearson CEO John Fallon
FinancePearson to Cut Another 3,000 Jobs Following Sustained Losses
By Natasha BachAugust 4, 2017
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Most Popular
Asia
Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese militaryplaceholder alt text
By Kate O'Keeffe and BloombergJune 8, 2026
Economy
'We are rapidly running out of time': Watchdog sounds Social Security alarm after 22% cut confirmed for 2032placeholder alt text
By Nick LichtenbergJune 9, 2026
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazonplaceholder alt text
By Sasha RogelbergJune 8, 2026
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