Kenvue Inc. shares rose after the consumer health company announced plans for a roughly 4% reduction in its global workforce, part of an efficiency plan intended to make it more competitive.
Tonya Garcia is the Global Business Editor at Bloomberg. She specializes in retail, e-commerce, finance, trading, and broader business and economic themes, often exploring topics such as activism and real estate. Tonya's insights and analyses have been featured in prominent publications including Winnipeg Sun, BNN Bloomberg, Crain's Cleveland Business, and Yahoo Finance.