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H&M Shares Surge to 16-Month High as Q2 Profits Beat Estimates amid rising Summer Collections
1/ H&M's cost-cutting measures contribute to a strong Q2 performance with an operating profit of ~ 4.74 Bn Swedish crowns. 2/ H&M closed...

Vi Ends Partnerships with 25,000 Retailers to Cut Costs
1/ Vi ends’ partnerships with around 25,000 retail partners, ceasing commission payments. 2/ Decision based on retailers' limited...
OQ Chemicals Implements Cost-Saving Measures for Competitiveness
1/ OQ, a leading manufacturer of oxo chemicals, is implementing a two-year cost-saving program in response to high raw material and...


Longi Green Energy Slashes Wafer Prices, Fueling Solar Price War
1/ Longi Green Energy Technology, the world's largest solar manufacturer, slashed wafer prices by up to 31% in response to intensifying...

Electric Two-Wheeler Subsidies Drop, Price Hikes Begin
1/ 2nd phase of the FAME-II scheme in India reduced subsidies for electric two-wheelers (E2Ws). The amount now stands at Rs 10,000 per...


Wi-Fi Waves Farewell: English Train Passengers Disconnect as Cost-Cutting Takes the Lead!
The Department for Transport (DfT) in England is considering removing train onboard wifi as a cost-cutting measure. Advises operators to...

JioMart Acquisition Sparks Layoff Fears: Shocking News of Job Cuts Raises Concerns
1/ Job cuts continue in Reliance JioMart. 😱 Over 1,000 employees (including 500 executives at Corporate Office) have been impacted, with...


Amazon's Cost-Cutting Revolution: Unleashing Triumphs in Streamlining and Delighting Customers!
1/ Amazon's latest game plan to tackle delivery expenses has a delightful twist – a program offering customers a $10 refund for picking...

Cognizant's Future-Focused Cost Strategy: Reinvesting for Growth, Margin Optimization
1/ Cognizant's CEO Ravi Kumar S implements a $400-million cost-saving plan, aka NextGen - cutting 3,500 non-billable roles, ~1% of the...


Disney's Stellar Cost-Cutting Strategy: Streamlined Content, Enhanced Viewing and Maximum Efficiency
1/ Disney takes decisive steps to implement cost-optimisation strategies in its streaming platforms. 💪💰 2/ Over two dozen titles were...
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