Pearson’s New CEO Promises Cost Savings After Restructuring
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Pearson Plc’s new chief executive unveiled a strategy that promises to “unlock tens of millions of savings” over time as it adapts to a market being reshaped by artificial intelligence.
While restructuring costs will rise in the meantime, they’ll help the company to invest in growth opportunities further down the line, the UK education specialist said in a half-year earnings report on Monday.