Browsing: cost-cutting

Lingerie retailer Ann Summers announces redundancies due to economic challenges.The retailer operates around 90 stores with a workforce exceeding 1,000.CEO…

Every day, countless patients in America face unexpected insurance rejections for treatments their doctors recommend. These denials often result from…

Virgin Wines has made a significant turnaround by implementing cost-cutting measures.The company recorded a £1.7 million pre-tax profit, up from…

In a comprehensive trading update, Just Eat Takeaway reported a universal decline in order volumes, emphasising a strategic pivot towards…

In 2023, Zapp embarked on a significant cost-cutting initiative to reduce its substantial financial losses.The company’s workforce decreased from 2,417…

In a significant move aimed at reducing operational costs, Asda has decided to outsource over 100 IT staff to an…

Dr Martens has announced a significant drop in profits, prompting a strategic overhaul to cut costs and boost growth.Profits after…