Just after beating profit estimates for the first quarter of 2024, Kenvue (NYSE:KVUE) has announced plans to reduce its global workforce by 4%. Formerly a division of Johnson & Johnson (NYSE:JNJ ...
(Reuters) -Kenvue will cut 4% of its global workforce amid investments to grow its key brands, the Tylenol and Band-Aid maker said on Tuesday, as it topped beat Wall Street estimates for first ...
Volume fell by 3.1% due to the lapping of one-time retailer inventory re-builds in the first quarter of 2023, as well as the impact of retailer inventory reduction in the first quarter of 2024, which ...
Even after consumer outfit Kenvue split from Johnson & Johnson one year ago, the company has been performing certain services for the pharma and medtech giant as part of a transition process.
Footwear brand Converse will cut jobs as part of parent company Nike's on-going $2 billion cost savings plan, a source ...
German semiconductor manufacturer Infineon confirmed on Wednesday that it would cut hundreds of jobs in the Bavarian city of Regensburg as part of a previously announced cost-cutting programme.
Kenvue Inc.'s stock jumped 2% early Tuesday, after the consumer health business that was spun out of Johnson & Johnson last year posted better-than-expected first-quarter earnings and announced ...