Cost Cutting news and trends

Apple Reportedly Cutting Back on Bonuses, Hiring and Travel
Apple // March 14, 2023

Apple is reportedly cutting costs, though not making deep cuts and layoffs like its peers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

PayPal Cuts 2,000 Jobs to Further Right-Size the Business
Digital Payments // January 31, 2023

PayPal is laying off 2,000 employees as part of a transformation that includes cost-cutting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
Consumer Finance // December 26, 2022

As inflation bites, European consumers are turning to cost-cutting tools and techniques this holiday season. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

FedEx CEO Accelerates Cost Cutting as Package Volume Drops 
Delivery // December 20, 2022

FedEx CEO and President Raj Subramaniam is stepping up cost reductions as package volume drops.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Quick Reads
Apple Reportedly Cutting Back on Bonuses, Hiring and Travel

March 14, 2023
Apple is reportedly cutting costs, though not making deep cuts and layoffs like its peers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

PayPal Cuts 2,000 Jobs to Further Right-Size the Business

January 31, 2023
PayPal is laying off 2,000 employees as part of a transformation that includes cost-cutting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

FedEx CEO Accelerates Cost Cutting as Package Volume Drops 

December 20, 2022
FedEx CEO and President Raj Subramaniam is stepping up cost reductions as package volume drops.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Super App Grab Freezes Hiring and Salaries

December 15, 2022
Singapore’s Grab Holdings wants to cut costs for its ridesharing app/food delivery service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...