Browsing: cost-cutting

In the world of business, it is often assumed that retaining staff is always the preferred option. Yet, employers might…

In a pivotal moment for Volkswagen, workers in Germany are set to strike against the company’s cost-reduction plans starting Monday.…

Dr Martens has announced a shift to a pre-tax loss for the first half, attributing this change to increased costs…

Volkswagen’s workforce in Germany is on the brink of taking industrial action. This development follows inconclusive talks between unions and…

Burberry, a renowned name in the fashion industry, is undergoing a significant transformation. Recent financial reports revealed a substantial loss,…

Meta, led by Mark Zuckerberg, has experienced a stunning 350% increase in value since 2022, marking a transformative period for…

Virgin Wines has successfully returned to profitability by implementing cost-cutting measures.Despite stagnant sales, a £1.7 million pre-tax profit was recorded,…

A prominent health care company has announced substantial layoffs as part of a strategic initiative to reduce costs.This major move…

Dulux owner AkzoNobel has announced a significant reduction in its workforce as part of a cost-cutting strategy. The restructuring plan,…

Poundland, owned by Pepco, plans a strategic overhaul of its head office.The company is placing around 60 head office roles…