Nielsen (NLSN) Announces Broad-Based Optimization Plan To Accelerate Transformation

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Go back to Nielsen (NLSN) Announces Broad-Based Optimization Plan To Accelerate Transformation

Nielsen Announces Broad-Based Optimization Plan To Accelerate Transformation

July 7, 2020 7:30 AM EDT

NEW YORK, July 7, 2020 /PRNewswire/ -- Nielsen Holdings plc (NYSE: NLSN) today announced a broad-based optimization plan to drive permanent cost savings and operational efficiencies, as well as to position the Company for greater profitability and growth. Nielsen is prioritizing resources to focus on key strategic initiatives, higher margin products and services, and greater efficiency. As part of the plan, the Company will exit several smaller, underperforming markets and non-core businesses in the second half of 2020. Nielsen expects the plan to be substantially completed in 2020 and for restructuring actions and other permanent... More