Business ❯ Corporate Strategy

Cost Reduction

Workforce Management Operational Efficiency Layoffs Job Cuts Operational Changes Restructuring Personnel Management Staffing Changes Sparprogram Automation

McKinsey Prepares Cuts to Back-Office Staff as AI Advances, Up to 10% in Some Areas

Discussions remain preliminary with reductions expected to be phased in over 18 to 24 months.

PepsiCo Unveils Reset With Price Cuts, 20% U.S. SKU Culling and Workforce Changes

State Filings Show Engineers Took the Biggest Hit in Amazon’s October Layoffs

Verizon Begins 13,000 Job Cuts, Franchises 179 Stores in Schulman’s Overhaul

Daimler Truck Profit Slides 40% on North America Slump, Guidance Maintained

Sainsbury’s Raises Profit Target Above £1 Billion, Announces Payouts, Warns on Budget Risks

BMW Triples Q3 Profit to €1.7 Billion as Auto Margin Rebounds

Mahle to Cut About 1,000 Office and R&D Jobs in New €150 Million Savings Drive

Amazon Confirms 14,000 Corporate Job Cuts as It Refocuses on AI and Cloud

Amazon Cuts 14,000 Office Jobs in First Phase of AI-Driven Restructuring

SKF Closes Tortuguitas Plant, Cuts 145 Jobs as Production Moves Abroad

Amazon Confirms 14,000 Office Job Cuts in AI-Driven Reorganization

Amazon Cuts About 14,000 Corporate Jobs in AI-Driven Restructuring

Amazon Begins Sending Layoff Notices as Reports Point to 30,000 Office Cuts

Leaked Files Detail Amazon Plan to Automate 75% of Operations, Replace 600,000 U.S. Roles by 2033

Bosch, Works Council Cut Planned German Layoffs in Vehicle-Software Unit to About 1,500

Nestlé to Cut 16,000 Jobs in Two-Year Overhaul, Raising Savings Goal to CHF 3 Billion

Nestlé to Cut 16,000 Jobs in Two-Year Overhaul, Lifts Savings Goal to CHF 3 Billion

Nestlé to Cut 16,000 Jobs as New CEO Lifts Savings Target

Nestlé to Eliminate 16,000 Jobs Worldwide in Two-Year Overhaul