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Employee Retention
78% of CFOs Say Quiet Quitting is a Problem: Weekly Stat
Strategies around talent recruitment and retainment are a principal focus for CFOs, according to a new study by CFO.
By
Adam Zaki
| February 1, 2023
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Risk Management
2023 Outlook: 5 Finance Risks to Monitor This Year
Inflation and recession, disgruntled workers, higher borrowing costs, and more — risks lurk everywhere in 2023.
By
Vincent Ryan
| January 23, 2023
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Cash Management
Treasurers Shift Focus to Payments and Banking Fees
Moving to electronic payment processes and cutting back on banking relationships and fees are the focus of treasury departments this year.
By
Vincent Ryan
| September 14, 2022
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Strategy
Nielsen to Exit Businesses, Cut 3,500 Jobs
“These restructuring actions will further expedite our transformation to a more efficient, agile, and scalable organization."
By
Matthew Heller
| July 7, 2020
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Strategy
Expedia Follows Exec Shakeup With Job Cuts
By laying off 12% of Expedia's workforce, Chairman Barry Diller is following through on his pledge to reshape the "bloated organization."
By
Matthew Heller
| February 25, 2020
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Financial Performance
Wells Fargo Misses Estimates as Profit Falls 55%
The bank's new CEO pledges to “make the fundamental changes necessary to regain the full trust and respect of all stakeholders."
By
Matthew Heller
| January 15, 2020
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Financial Performance
Walgreens Shares Dive on Q1 Earnings Miss
“We anticipate that profitability and sales growth may be hard to come by for the foreseeable future,” an analyst says of the drugstore chain.
By
Matthew Heller
| January 8, 2020
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Strategy
Uber to Cut 435 Jobs as Streamlining Continues
"It’s critical we get our edge back and continually push ourselves to do better," Uber's CEO says.
By
Matthew Heller
| September 11, 2019
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Technology
It’s Unanimous: Firms that ‘Know’ Bots Will Expand Their Usage
Automation is sweeping across the corporate landscape, with many companies expecting to use RPA in most or all of their functions within two years.
By
David McCann
| May 2, 2019
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People
Kraft Heinz Names Marketing Expert as CEO
The packaged-foods giant appears to be pivoting toward growth rather than cost cutting in replacing Bernardo Hees with Miguel Patricio.
By
Matthew Heller
| April 22, 2019
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Strategy
Tesla to Slash Full-Time Workforce by 7%
CEO Elon Musk says costs must be cut because "our products are still too expensive for most people.”
By
Matthew Heller
| January 18, 2019
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Financial Performance
Wells Fargo Profit Gets Boost From Cost Cutting
The bank's third-quarter results "reflect the transformational changes we've been making at Wells Fargo," CEO Tim Sloan says.
By
Matthew Heller
| October 12, 2018
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Strategy
How to Cut the Fat Without Cutting Staff
To get organizational buy-in for a cost-reduction effort, target non-staff cuts — and make sure workers know that's what you're doing.
By
David Johnson
| August 21, 2018
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Recruiting
Hershey CFO to Retire Next Year
Patricia Little helped cut costs, but the company faces changing consumer tastes.
By
William Sprouse
| August 20, 2018
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Financial Performance
Wells Misses Estimates With Broad Weakness
Bank executives point to progress in cost-cutting initiatives as evidence that Wells Fargo's turnaround effort is on track.
By
Matthew Heller
| July 13, 2018
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Financial Performance
Whirlpool Profit Sags on Raw Materials Inflation
The appliance maker has been trying to mitigate its higher raw materials costs with price increases and cost cutting.
By
Matthew Heller
| April 24, 2018
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