The reckless fantasy of austerity as a panacea is coming for European football | Aaron TimmsModern football clubs face revenue stagnation and are increasingly resorting to cost-cutting measures instead of seeking new income sources.
Musk's Doge to fire all local workers and US diplomats from USAID, sources sayElon Musk's team is dismantling USAID, leading to massive layoffs and merging its operations into the State Department.
DOGE's 'completely wrong' USAID termination notices put staffers' pay and pensions at riskTermination notices by Musk's team to USAID staff were error-ridden, prompting corrections to safeguard pensions and pay.
US court allows Musk's DOGE to make further USAID cuts DW 03/28/2025Elon Musk's Department of Government Efficiency can legally proceed with cuts to USAID, as ruled by a federal appeals court.
Musk's Doge to fire all local workers and US diplomats from USAID, sources sayElon Musk's team is dismantling USAID, leading to massive layoffs and merging its operations into the State Department.
DOGE's 'completely wrong' USAID termination notices put staffers' pay and pensions at riskTermination notices by Musk's team to USAID staff were error-ridden, prompting corrections to safeguard pensions and pay.
US court allows Musk's DOGE to make further USAID cuts DW 03/28/2025Elon Musk's Department of Government Efficiency can legally proceed with cuts to USAID, as ruled by a federal appeals court.
Rivian inches closer to profitability but warns 'changes to government policies' could hurt | TechCrunchRivian is approaching profitability but faces uncertainties in 2025 due to potential government policy changes.
Rivian starts a challenging year with a big slip in deliveries | TechCrunchRivian delivered 8,640 vehicles in Q1 2024, its worst quarterly performance since late 2022, but maintains a confident annual delivery outlook.
Rivian inches closer to profitability but warns 'changes to government policies' could hurt | TechCrunchRivian is approaching profitability but faces uncertainties in 2025 due to potential government policy changes.
Rivian starts a challenging year with a big slip in deliveries | TechCrunchRivian delivered 8,640 vehicles in Q1 2024, its worst quarterly performance since late 2022, but maintains a confident annual delivery outlook.
Nearly 40% of contracts canceled by DOGE are expected to produce no savingsMany canceled contracts by the Trump administration will not save money, as funds are already committed.
Rewriting Social Security will be a train wreckBidding low often compromises quality, leading to poor project outcomes.
Deloitte is the biggest loser in DOGE's consulting crackdownTrump administration reduces federal consultancy spending, significantly impacting major firms.Deloitte faced the most cuts, altering 127 contracts and impacting $371.8 million in taxpayer savings.
Nearly 40% of contracts canceled by DOGE are expected to produce no savingsMany canceled contracts by the Trump administration will not save money, as funds are already committed.
Rewriting Social Security will be a train wreckBidding low often compromises quality, leading to poor project outcomes.
Deloitte is the biggest loser in DOGE's consulting crackdownTrump administration reduces federal consultancy spending, significantly impacting major firms.Deloitte faced the most cuts, altering 127 contracts and impacting $371.8 million in taxpayer savings.
Retailers are tweaking products to cut costs and offset Trump's tariffsConsumer goods companies are adjusting products to avoid price hikes amidst rising tariffs.Shoppers face reduced packaging and more DIY products as companies cut costs.
Calif. toy giant lays off staff after CEO touts business strengthMattel is laying off 120 workers in El Segundo as part of a restructuring effort to reduce costs.The layoffs are aimed at streamlining the company's operations amid rising tariffs.
Retailers are tweaking products to cut costs and offset Trump's tariffsConsumer goods companies are adjusting products to avoid price hikes amidst rising tariffs.Shoppers face reduced packaging and more DIY products as companies cut costs.
Calif. toy giant lays off staff after CEO touts business strengthMattel is laying off 120 workers in El Segundo as part of a restructuring effort to reduce costs.The layoffs are aimed at streamlining the company's operations amid rising tariffs.
Accenture CEO says DOGE's cost-cutting drive is hitting business, as worry spreads among staffAccenture's revenues are impacted by DOGE's cost-cutting efforts, leading to fears among employees.
A Warning for Elon MuskThe Reagan administration exemplifies the dangers of disregarding historical precedents in government cost-cutting efforts.
Walgreens is closing 9 Massachusetts locationsWalgreens is closing nine stores in Massachusetts, including one in Dorchester, to cut costs and improve performance.
Apple's cofounder has some advice for DOGEMass firings by DOGE are criticized as poor business tactics by Steve Wozniak, who advocates for more strategic cost-cutting measures.
Walgreens is closing 9 Massachusetts locationsWalgreens is closing nine stores in Massachusetts, including one in Dorchester, to cut costs and improve performance.
Apple's cofounder has some advice for DOGEMass firings by DOGE are criticized as poor business tactics by Steve Wozniak, who advocates for more strategic cost-cutting measures.
Trump, Musk lavish each other with praise as they defend cost-cutting driveTrump and Musk collaborate to cut costs without harming healthcare or welfare benefits.
USPS to slash 10,000 jobs under new deal with Musk's DOGEUSPS partners with Elon Musk's DOGE to identify operational efficiencies amidst ongoing cost-cutting measures.
See How Elon Musk's Team Inflated, Deleted and Rewrote Its Savings ClaimsThe Department of Government Efficiency's contract listings are marked by numerous errors and fluctuating values, raising concerns over accuracy and accountability.
No US government audits for the last 100 years? Here's why 'Shark Tank' star Kevin O'Leary is wrong - PoynterO'Leary criticizes government inefficiencies, claiming a lack of audits and the need for drastic cuts led by Elon Musk.
Nearly 40% of contracts canceled by Musk's DOGE are expected to produce no savingsNearly 40% of canceled federal contracts by Trump's administration are expected to save no money, according to their own data.
Nearly 40% of Contracts Canceled by DOGE Are Expected to Produce No SavingsA significant portion of canceled federal contracts under Trump yield no monetary savings, contradicting the administration's cost-cutting claims.
Trump, Musk lavish each other with praise as they defend cost-cutting driveTrump and Musk collaborate to cut costs without harming healthcare or welfare benefits.
USPS to slash 10,000 jobs under new deal with Musk's DOGEUSPS partners with Elon Musk's DOGE to identify operational efficiencies amidst ongoing cost-cutting measures.
See How Elon Musk's Team Inflated, Deleted and Rewrote Its Savings ClaimsThe Department of Government Efficiency's contract listings are marked by numerous errors and fluctuating values, raising concerns over accuracy and accountability.
No US government audits for the last 100 years? Here's why 'Shark Tank' star Kevin O'Leary is wrong - PoynterO'Leary criticizes government inefficiencies, claiming a lack of audits and the need for drastic cuts led by Elon Musk.
Nearly 40% of contracts canceled by Musk's DOGE are expected to produce no savingsNearly 40% of canceled federal contracts by Trump's administration are expected to save no money, according to their own data.
Nearly 40% of Contracts Canceled by DOGE Are Expected to Produce No SavingsA significant portion of canceled federal contracts under Trump yield no monetary savings, contradicting the administration's cost-cutting claims.
30,000 jobs could go in Labour's radical overhaul of NHSNHS job cuts are projected to be significantly greater than previously estimated, potentially reaching up to 30,000 due to restructuring and cost-cutting measures.
Deutsche Post to slash 8,000 jobs DW 03/06/2025Deutsche Post plans to cut 8,000 jobs due to high costs despite a slight revenue increase.
Man United to replace hot lunches with fruit at club canteens and slash recruitment staff as part of 200 job cutsManchester United plans to cut around 200 jobs, transitioning to a data-led scouting model and reducing global operational costs.
Sir Jim Ratcliffe believes more Man Utd job cuts will 'help club avoid going bust'Sir Jim Ratcliffe's job cuts aim to prevent Manchester United from going bankrupt amid a dire financial crisis.
30,000 jobs could go in Labour's radical overhaul of NHSNHS job cuts are projected to be significantly greater than previously estimated, potentially reaching up to 30,000 due to restructuring and cost-cutting measures.
Deutsche Post to slash 8,000 jobs DW 03/06/2025Deutsche Post plans to cut 8,000 jobs due to high costs despite a slight revenue increase.
Man United to replace hot lunches with fruit at club canteens and slash recruitment staff as part of 200 job cutsManchester United plans to cut around 200 jobs, transitioning to a data-led scouting model and reducing global operational costs.
Sir Jim Ratcliffe believes more Man Utd job cuts will 'help club avoid going bust'Sir Jim Ratcliffe's job cuts aim to prevent Manchester United from going bankrupt amid a dire financial crisis.
Rolling job cuts by Broadcom have slashed VMware's workforce roughly in halfBroadcom has drastically reduced VMware's workforce by about half post-acquisition to enhance profitability.
Meta (META) and Starbucks (SBUX) Show That Cutting Jobs Leads to BonusesMeta plans to reduce its workforce by 5% while rewarding top executives with bonuses up to 200% of their salaries.Starbucks lays off 1,100 employees, indicating significant workforce adjustments amid rising coffee prices.
Postal Service Reaches Deal With Musk's Department of Government EfficiencyThe U.S. Postal Service is collaborating with Elon Musk's team to identify efficiencies amidst ongoing financial struggles.
Chevron plans to lay off thousands of employees worldwide, company saysChevron will reduce its workforce by 15% to 20%, affecting approximately 9,000 employees worldwide.
Chevron to Lay Off Up to 20% of StaffChevron to lay off up to 20% of workforce to cut costs and streamline operations.
Goldman Sachs to Managers: Move to Dallas, Salt Lake City | EntrepreneurGoldman Sachs is relocating managers to lower-cost cities to save on expenses and nurture talent in emerging markets.
Rolling job cuts by Broadcom have slashed VMware's workforce roughly in halfBroadcom has drastically reduced VMware's workforce by about half post-acquisition to enhance profitability.
Meta (META) and Starbucks (SBUX) Show That Cutting Jobs Leads to BonusesMeta plans to reduce its workforce by 5% while rewarding top executives with bonuses up to 200% of their salaries.Starbucks lays off 1,100 employees, indicating significant workforce adjustments amid rising coffee prices.
Postal Service Reaches Deal With Musk's Department of Government EfficiencyThe U.S. Postal Service is collaborating with Elon Musk's team to identify efficiencies amidst ongoing financial struggles.
Chevron plans to lay off thousands of employees worldwide, company saysChevron will reduce its workforce by 15% to 20%, affecting approximately 9,000 employees worldwide.
Chevron to Lay Off Up to 20% of StaffChevron to lay off up to 20% of workforce to cut costs and streamline operations.
Goldman Sachs to Managers: Move to Dallas, Salt Lake City | EntrepreneurGoldman Sachs is relocating managers to lower-cost cities to save on expenses and nurture talent in emerging markets.
US plans to close European consulates and cut state department workforceThe US State Department plans to reduce its diplomatic footprint in Western Europe amidst significant workforce cutbacks.
Federal buildings in California potentially on chopping block as Trump looks to cut costsThe Trump administration plans to potentially close or sell numerous federal buildings in California, jeopardizing essential services.
If You're Worried About Unelected People Running The Country' CNN's Jennings Takes Shot at Biden While Defending Musk and DOGE on CutsScott Jennings defended Trump and Musk's cost-cutting measures while criticizing Biden during a panel on CNN.
US plans to close European consulates and cut state department workforceThe US State Department plans to reduce its diplomatic footprint in Western Europe amidst significant workforce cutbacks.
Federal buildings in California potentially on chopping block as Trump looks to cut costsThe Trump administration plans to potentially close or sell numerous federal buildings in California, jeopardizing essential services.
If You're Worried About Unelected People Running The Country' CNN's Jennings Takes Shot at Biden While Defending Musk and DOGE on CutsScott Jennings defended Trump and Musk's cost-cutting measures while criticizing Biden during a panel on CNN.
HUD reportedly axes Biden-era green retrofit programThe HUD program aimed at reducing greenhouse gas emissions in low-income communities is reportedly being halted amid federal cost-cutting efforts.
These are the functions of the HUD offices targeted for mass firingsThe White House is reportedly considering cuts of up to 50% to HUD's workforce, impacting essential housing functions during a challenging economic period.
HUD reportedly axes Biden-era green retrofit programThe HUD program aimed at reducing greenhouse gas emissions in low-income communities is reportedly being halted amid federal cost-cutting efforts.
These are the functions of the HUD offices targeted for mass firingsThe White House is reportedly considering cuts of up to 50% to HUD's workforce, impacting essential housing functions during a challenging economic period.
Sir Jim Ratcliffe reveals Manchester United would have gone BUST by Christmas without cost-cutting measuresManchester United faced financial peril, with claims it would have gone bust by Christmas without cost-cutting measures.
Manchester United given huge indicator over club takeover amid latest INEOS announcementINEOS is executing a significant cost-cutting strategy at Manchester United, indicated by substantial job cuts and operational changes.
Man Utd make 200 more staff redundant in cutsManchester United is cutting 200 staff to stabilize finances following over £300 million in losses over three years.
Manchester United could repeat Chesea's little-known trick to help with financial woesManchester United faces significant financial challenges and increased cost-cutting measures to avoid breaching financial regulations.
Ineos seeks early end to Spurs sponsorshipIneos is negotiating an early termination of its sponsorship deal with Tottenham due to cost-cutting measures.
Let them eat fruit: Manchester United close staff canteen in latest cost-cuttingJim Ratcliffe is closing the staff canteen at Old Trafford and replacing free lunches with fruit in a cost-cutting move.
Sir Jim Ratcliffe reveals Manchester United would have gone BUST by Christmas without cost-cutting measuresManchester United faced financial peril, with claims it would have gone bust by Christmas without cost-cutting measures.
Manchester United given huge indicator over club takeover amid latest INEOS announcementINEOS is executing a significant cost-cutting strategy at Manchester United, indicated by substantial job cuts and operational changes.
Man Utd make 200 more staff redundant in cutsManchester United is cutting 200 staff to stabilize finances following over £300 million in losses over three years.
Manchester United could repeat Chesea's little-known trick to help with financial woesManchester United faces significant financial challenges and increased cost-cutting measures to avoid breaching financial regulations.
Ineos seeks early end to Spurs sponsorshipIneos is negotiating an early termination of its sponsorship deal with Tottenham due to cost-cutting measures.
Let them eat fruit: Manchester United close staff canteen in latest cost-cuttingJim Ratcliffe is closing the staff canteen at Old Trafford and replacing free lunches with fruit in a cost-cutting move.
10 consulting firms with government contracts are now in DOGE's sights. Here's the full list.DOGE is focusing on reviews of government consulting contracts as part of cost-cutting measures before the March 7 deadline.
How UK SMEs Can Cut Costs and Stay Competitive in 2025UK small businesses are struggling due to high inflation and rising costs, requiring effective cost-cutting strategies.
Inside 'Project Voyage': Goldman Sachs' grand plan to thin its ranks, cut costsGoldman Sachs is implementing Project Voyage to reduce costs through layoffs and restructuring, starting in Q4 2024.
Southwest Airlines Is Laying Off 15% of Its Workforce | EntrepreneurSouthwest Airlines announced its first mass layoffs, affecting 1,750 corporate employees, as part of a cost-cutting strategy.
HP Is Laying Off Up to 2,000 Employees By October | EntrepreneurHP is laying off up to 2,000 employees as part of a cost-cutting initiative to save $300 million.
Meta to lay off 5% of employees in efficiency drive DW 01/15/2025Meta is laying off 3,600 employees as part of a strategy to raise performance standards and cut costs.
Chevron to lay off up to 20% of its workersChevron will cut 15-20% of its workforce by 2026 to reduce costs and streamline operations.
Why Oil, Gas Giant Chevron Is Laying Off Up to 8,000 Workers | EntrepreneurChevron will lay off 15% to 20% of its workforce, affecting up to 8,000 employees, to cut costs by $3 billion by 2026.
Inside 'Project Voyage': Goldman Sachs' grand plan to thin its ranks, cut costsGoldman Sachs is implementing Project Voyage to reduce costs through layoffs and restructuring, starting in Q4 2024.
Southwest Airlines Is Laying Off 15% of Its Workforce | EntrepreneurSouthwest Airlines announced its first mass layoffs, affecting 1,750 corporate employees, as part of a cost-cutting strategy.
HP Is Laying Off Up to 2,000 Employees By October | EntrepreneurHP is laying off up to 2,000 employees as part of a cost-cutting initiative to save $300 million.
Meta to lay off 5% of employees in efficiency drive DW 01/15/2025Meta is laying off 3,600 employees as part of a strategy to raise performance standards and cut costs.
Chevron to lay off up to 20% of its workersChevron will cut 15-20% of its workforce by 2026 to reduce costs and streamline operations.
Why Oil, Gas Giant Chevron Is Laying Off Up to 8,000 Workers | EntrepreneurChevron will lay off 15% to 20% of its workforce, affecting up to 8,000 employees, to cut costs by $3 billion by 2026.
Why Elon Musk is targeting a free tax-filing softwareMusk's cost-cutting measures may lead to unexpected costs for American taxpayers.
Musk Plan for Retooling Government Takes Shape, but Big Questions LoomElon Musk has taken charge of the federal government's cost-cutting project, focusing on efficiency and technology.
Comparing Elon Musk and Jack Welch as Influential Cost-CuttersElon Musk's impact on business efficiency and cost-cutting mirrors that of Jack Welch, though their approaches and backgrounds differ significantly.
Trump says he could give 20% of DOGE savings back to AmericansPresident Trump proposes using savings from Elon Musk's cost-cutting for cash payouts and debt reduction.Skepticism arises regarding the effectiveness and implications of Musk's cost-cutting initiative.
Who is part of Elon Musk's DOGE and what are they doing?Elon Musk's DOGE initiative aims to reshape federal spending through personnel changes and technology but lacks transparency, causing concern among government workers.
DOGE's Race to the BottomElon Musk's takeover of U.S. government agencies is rapid and disruptive, prioritizing cost-cutting over humanitarian considerations.
Why Elon Musk is targeting a free tax-filing softwareMusk's cost-cutting measures may lead to unexpected costs for American taxpayers.
Musk Plan for Retooling Government Takes Shape, but Big Questions LoomElon Musk has taken charge of the federal government's cost-cutting project, focusing on efficiency and technology.
Comparing Elon Musk and Jack Welch as Influential Cost-CuttersElon Musk's impact on business efficiency and cost-cutting mirrors that of Jack Welch, though their approaches and backgrounds differ significantly.
Trump says he could give 20% of DOGE savings back to AmericansPresident Trump proposes using savings from Elon Musk's cost-cutting for cash payouts and debt reduction.Skepticism arises regarding the effectiveness and implications of Musk's cost-cutting initiative.
Who is part of Elon Musk's DOGE and what are they doing?Elon Musk's DOGE initiative aims to reshape federal spending through personnel changes and technology but lacks transparency, causing concern among government workers.
DOGE's Race to the BottomElon Musk's takeover of U.S. government agencies is rapid and disruptive, prioritizing cost-cutting over humanitarian considerations.
Apple explains why the iPhone 16e doesn't have MagSafeApple claims iPhone 16e doesn't need MagSafe due to user charging habits, stirring debate over consumer need versus cost-cutting.
Apple says its C1 modem isn't to blame for the iPhone 16e's lack of MagSafeThe iPhone 16e lacks MagSafe due to cost-cutting, not because of the C1 modem.
Apple explains why the iPhone 16e doesn't have MagSafeApple claims iPhone 16e doesn't need MagSafe due to user charging habits, stirring debate over consumer need versus cost-cutting.
Apple says its C1 modem isn't to blame for the iPhone 16e's lack of MagSafeThe iPhone 16e lacks MagSafe due to cost-cutting, not because of the C1 modem.
Aston Martin's new chief vows to reverse fortunes as luxury carmaker targets 2025 profitAston Martin aims to achieve profitability by 2025 through cost-cutting and operational improvements, despite ongoing financial challenges.
Southwest Airlines is pressing pause on hiring and staff rallies to cut costsSouthwest Airlines is pausing hiring and summer internships to cut costs amid financial pressures and scrutiny from investors.
Aston Martin's new chief vows to reverse fortunes as luxury carmaker targets 2025 profitAston Martin aims to achieve profitability by 2025 through cost-cutting and operational improvements, despite ongoing financial challenges.
Southwest Airlines is pressing pause on hiring and staff rallies to cut costsSouthwest Airlines is pausing hiring and summer internships to cut costs amid financial pressures and scrutiny from investors.
Facing NIH cuts, colleges restrict grad student admissionsColleges are pausing admissions to graduate programs and cutting class sizes due to federal funding uncertainties.
Amazon's retail CEO tells employees more cost cuts are needed to afford 'big investments in big new businesses'Amazon's retail CEO emphasizes the necessity of cutting costs to fund growth investments.The focus is on improving delivery and shipping efficiencies.
Amazon set to report earnings after the bellAmazon's fourth-quarter earnings report is expected to show significant revenue growth amid ongoing cost-cutting measures.Key metrics to watch include projected earnings of $1.49 per share and revenue of $187.3 billion.
Amazon's retail CEO tells employees more cost cuts are needed to afford 'big investments in big new businesses'Amazon's retail CEO emphasizes the necessity of cutting costs to fund growth investments.The focus is on improving delivery and shipping efficiencies.
Amazon set to report earnings after the bellAmazon's fourth-quarter earnings report is expected to show significant revenue growth amid ongoing cost-cutting measures.Key metrics to watch include projected earnings of $1.49 per share and revenue of $187.3 billion.
HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'HSBC aims to save $300 million this year, part of a broader plan to reduce costs by $1.5 billion by 2026.
What Trump-supporting federal workers think of his blitz of moves to shake up the governmentFederal workers express mixed feelings on Trump's plan to reshape the workforce, supporting waste reduction but concerned about job security.
Trump Says Minting U.S. Pennies Is Wasteful.' Does Making Cents Really Make No Sense?Trump calls for the end of penny production, citing its cost outweighing its value.
What Trump-supporting federal workers think of his blitz of moves to shake up the governmentFederal workers express mixed feelings on Trump's plan to reshape the workforce, supporting waste reduction but concerned about job security.
Trump Says Minting U.S. Pennies Is Wasteful.' Does Making Cents Really Make No Sense?Trump calls for the end of penny production, citing its cost outweighing its value.
Can this maternity ward be saved? Doctors, nurses sound alarm at a Miami-area hospitalPalmetto General's labor and delivery unit faces potential closure, causing concern among staff and expectant mothers.
Bay Area companies Salesforce, Workday are hiring more overseas to save cashSoftware companies are increasingly shifting hiring to lower-cost countries to maintain profits amidst AI investment pressures.
Warner Bros. dropped Dungeons & Dragons and 32 other movies on YouTube for freeWarner Bros. is leveraging YouTube to distribute older films for free while monetizing through ads.The strategy is part of a larger cost-cutting initiative by Warner Bros. Discovery. Issues with corporate restructuring led to this move.
Volkswagen claims it's actually making that $20,000 EV and will show it next monthVolkswagen is launching a new low-cost EV, possibly named ID.1, priced around €20,000 to enhance the affordability of electric vehicles.
Sainsbury's to cut 3,000 head office jobs and close cafes in 1bn cost-cutting driveSainsbury's plans to eliminate over 3,000 head office jobs and close cafés to save £1 billion amid a challenging cost environment.
Google Pixel 10a could take cost cutting to the next levelThe Pixel 10a may launch with a less powerful processor than expected, affecting its competitiveness.Google is considering cost-cutting measures for the Pixel 10a's development.
ASOS shutters US warehouse as part of cost-saving turnaround planAsos will close its US warehouse to cut costs, incurring a large impairment charge but aiming for future profit increases.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify's strategy with AI-generated music prioritizes cost efficiency over user experience or artistic integrity.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify's AI-generated music strategy is driven by cost-cutting and profit maximization rather than enhancing user experience.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify prioritizes cost-cutting through AI-generated music, raising concerns over transparency and artistic integrity for users.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify is prioritizing cost-cutting and profit over transparency in its AI-generated music strategy.AI music offers Spotify endless content generation without the heavy costs of traditional licensing.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify's strategy with AI-generated music prioritizes cost efficiency over user experience or artistic integrity.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify's AI-generated music strategy is driven by cost-cutting and profit maximization rather than enhancing user experience.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify prioritizes cost-cutting through AI-generated music, raising concerns over transparency and artistic integrity for users.
Meta and Spotify's AI takeover: is this the end of human-created content?Spotify is prioritizing cost-cutting and profit over transparency in its AI-generated music strategy.AI music offers Spotify endless content generation without the heavy costs of traditional licensing.
Downtown Brooklyn Macy's to Close Soon, Retailer ConfirmsMacy's is closing 66 stores nationwide, including two in Brooklyn, as part of a cost-cutting strategy to focus on profitable locations.