Tag Archives: Cutting

Levi’s layoffs: The jeans giant is cutting its global workforce by up to 15%

By Associated Press January 26, 2024 NEW YORK (AP) — Denim giant Levi Strauss & Co. said Thursday that it’s slashing its global corporate workforce by 10% to 15% in the first half of the year as part of a two-year restructuring plan that seeks to cut costs and simplify its operations. The company employed … Continue reading Levi’s layoffs: The jeans giant is cutting its global workforce by up to 15%

Ikea is cutting the price of furniture as customers feel more inflation pain

  By Emily Price October 13, 2023 That Kallax bookshelf you’ve been eyeing at Ikea is potentially about to get a bit cheaper. The furniture and meatball purveyor was forced to raise its prices during the COVID-19 pandemic as the cost of raw materials rose. Now that supply costs have started to become more accessible, … Continue reading Ikea is cutting the price of furniture as customers feel more inflation pain

The Cricut Venture is a $1,000 cutting machine for the most ambitious DIYers

Terrence O’Brien   @TerrenceOBrien I was definitely a little out of my element when I took on this review. I’m not really an arts and crafts kind of guy. Sure, I’ll do the occasional project with my four-year-old. I also like to make things (beer, music, small electronics) and generally have a pretty strong DIY … Continue reading The Cricut Venture is a $1,000 cutting machine for the most ambitious DIYers

This is the real cost of cutting diversity programs

  By Misty Gaither February 28, 2023   With news of layoffs,  prolonged inflation, and the possibility of a recession, many business leaders are reexamining their strategies and prioritizing the most critical business initiatives. For many companies that means that  DEIB (Diversity, Equity, Inclusion, and Belonging) initiatives are threatened, signaling that these  efforts are still … Continue reading This is the real cost of cutting diversity programs

Disney is cutting 7,000 jobs in a cost-saving blitz as traditional TV faces an existential crisis

  By Michael Grothaus February 09, 2023 Tech companies aren’t the only ones seeing mass layoffs. America’s premier entertainment giant, the Walt Disney Company, has announced it will lay off 7,000 of its workers in an effort to cut $5.5 billion in costs. Disney CEO Bob Iger, who only returned to the helm last November, … Continue reading Disney is cutting 7,000 jobs in a cost-saving blitz as traditional TV faces an existential crisis

Cutting Through The Noise: What Brands Should Know About Social Issues

Cutting Through The Noise: What Brands Should Know About Social Issues by Ivan Bojanic , January 18, 2023 Conventional wisdom has long held that people want to work with businesses that reflect their values, and in a climate marked by profound turbulence, this presents unique challenges.  From the shock of a pandemic to increasingly fierce … Continue reading Cutting Through The Noise: What Brands Should Know About Social Issues

What business leaders are spending more on in 2023—and where they are cutting back

  By Megan Morrone December 30, 2022 With a slumping economy and a brutal slew of tech layoffs in 2022, many executives are looking to tighten spending in 2023, while others are spending money to scoop up all the great talent now flooding the market and looking for work. As next year’s budgets take shape, … Continue reading What business leaders are spending more on in 2023—and where they are cutting back