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CVS to Shed 5,000 Jobs in Cost-Cutting Push
The healthcare giant wants to trim corporate roles and spending on travel and its use of consultants. Source link
AT&T Expands Cost-Cutting by $2 Billion
AT&T’s wireless profit center kept growing in the second quarter, prompting executives to back an upbeat estimate of earnings through the end of the year.
Amazon CEO Andy Jassy Commits to Cost-Cutting, Tech Investments in Shareholder Letter
Amazon.com faced one of its “harder macroeconomic years in recent memory,” Chief Executive Andy Jassy said in a letter to shareholders. Source link
Stock-Based Pay and Bonuses Fall Under Finance Chiefs' Cost-Cutting Knife
Unity Software, Designer Brands and Meta Platforms are among the firms weighing or executing tweaks in equity compensation or incentive pay. Source link