While competitors were hustling to land deals with retailers and forge partnerships to reach more consumers, Levi’s boldly went all-in on its direct-to-consumer (D2C) strategy...
Apple is reportedly cutting costs, though not making deep cuts and layoffs like its peers. The tech giant is delaying some bonuses, limiting hiring and...
PayPal is laying off 2,000 employees as part of a transformation that includes cost-cutting. The reductions will amount to 7% of the firm’s global workforce...
As inflation bites, European consumers are turning to cost-cutting tools and techniques this holiday season. In fact in the U.K., a poll by Accenture found...
FedEx CEO and President Raj Subramaniam is stepping up cost reductions as package volume drops. “The declining demand trends we saw at the end of...
Singapore’s Grab Holdings wants to cut costs for its ridesharing app/food delivery service. A report Thursday (Dec. 15) by Reuters outlines the cost-cutting measures, which...
Amazon has notified employees of layoffs after deciding to consolidate some teams and programs within its Devices & Services organization. The firm did not specify...
Elon Musk has reportedly told Twitter employees that the company could go bankrupt. In addition, two members of Musk’s new leadership team at the social...
In an ongoing effort to curtail costs, Amazon is pulling the plug on the recent testing phase of its autonomous home delivery robots. Scout, Amazon’s...