Strategy

Global Business

Japan’s GDP Falls More Than 28%

The drop is the largest on record since 1955.
The Economy

Unemployment Dips to 8.4%, Job Gains Slow

The slowing job growth is “a warning that the recovery could go into reverse this fall without further government support.”
Strategy

Juul to Cut More Jobs

The e-cigarette maker said it will make a "significant global reduction" and exit multiple markets as part of a long-term strategy.
The Economy

Economists Expect Slow Recovery, But Aren’t Forecasting ‘Double-Dip’ Recession

Economists' thoughts on when exactly the recession will end vary, with 35% expecting the current recession to end in the second half of 2020.
The Economy

Business Optimism Rebounds From Virus Shock

"We’re digging out of a very deep hole of pessimism. Comparisons are still tracking with the years immediately following the Great Recession."
Workplace Issues

Ford Targets White-Collar Job Cuts in U.S.

The automaker is aiming to trim at least 1,400 positions through voluntary buyouts as it continues to shift to electric and autonomous vehicles.
Forecasting

Better Scenario Planning Positions Companies to Benefit From Disruption

Scenario planning not only identifies likely impacts on the P&L, balance sheet, and liquidity, it also helps companies identify market opportunities. 
Strategy

Walmart to Launch Subscription Service This Month

The retailer’s new $98 a year subscription program is expected to compete with Amazon Prime.
Strategy

Coca-Cola to Cut Workforce in Global Reorganization

The company will offer voluntary layoff packages to about 4,000 workers in the U.S. and Canada.
Strategy

Work-From-Anywhere Future Exposes Holes in Operational Strategy

Businesses need to take a hard look at their corporate strategies and operational structures to make sure they can handle a dispersed work environment.
The Economy

Consumer Confidence Drops to Six-Year Low

“The consumer is the most worried they have been all year, which pours cold water on the idea that the economic recovery is sustainable.”
Strategy

American Airlines to Suspend Flights to 15 U.S. Cities

The service cuts will take place once the terms of federal aid requiring the flights expires.
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