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Cost Cutting Featured News
Hasbro's results beat expectations
Postal Service to cut Saturday mail to trim costs
NBCUniversal lays off about 450 in budget cuts
Facing challenges, Mark Thompson takes the CEO reins at the NYT
Bank of America speeds up branch closures, 16,000 job cuts
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Cost Cutting That Makes You Stronger - Harvard Business Review
In times of economic uncertainty, many leaders turn to an old standby: cost cutting. When so much in the world feels beyond our control, costs are, to a large extent, controllable. But cutting...
A better way to cut costs | McKinsey - McKinsey & Company
According to a recent McKinsey Quarterly survey, 79 percent of all companies have cut costs in response to the global economic crisis—but only 53 percent of executives think that doing so has helped their companies weather it. Yet organizations continue to cut.
The Right — and Wrong — Ways to Cut Costs - Harvard Business Review
November 22, 2023. When companies cut costs, they tend to trim spending across the board. But Cesare Mainardi, former CEO of global management consultancy Booz & Company, says that cost...
Cost Cutting: Importance of Strategy, Risks Posed - Investopedia
Updated January 05, 2021. Reviewed by. Janet Berry-Johnson. What Is Cost Cutting? Cost cutting refers to measures implemented by a company to reduce its expenses and...
How to Cut Costs More Strategically - Harvard Business Review
To manage cost the right way, connect costs and strategy; think of costs in terms of capabilities; use a “zero-based” budgeting approach; make your cut sustainable; and be proactive.
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