Everything seems to come back to reducing costs rather than improving the business. As a result, the many, many cuts are making it harder for teams to communicate and get anything done. It's all a big joke.
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The only thing Nielsen won't cut?
The salary and bonuses for the C-suite!!
But those millions will come from laying off all experienced workers and replacing them with the cheapest replacements from whatever country is offering the lowest rates!
Cost cutting is all private equity does.
@OP Your question is followed by the answer. Its all about reducing overhead at any cost to the business. This strategy has been in place for years now. You must be a new employee in India?
The result of this strategy is normally an IPO. But as of recent, most IPOs are valued well below the asking price within a year on the market. Understanding Nielsen is not investing in any innovation with product, this IPO is unlikely to be successful with investors. Plus Nielsen is unpopular with the clients.
So Nielsen is an aimless tu-d swirling around towards a drain pipe. The real question is where does the drainpipe go? Nobody knows but it smells awefully bad.