Browsing: cost-cutting

Major US companies including Procter & Gamble, Microsoft, and Walmart are implementing layoffs despite a stable labor market, citing cost-cutting measures amid global uncertainty and AI investments.

The Federal Trade Commission withdrew its request to postpone the Amazon trial, reversing an earlier claim of resource constraints due to cost-cutting.

Amazon’s retail chief, Doug Herrington, emphasizes the importance of balancing cost-cutting with innovation to ensure the company’s continued growth and customer satisfaction.