IDP Education plummets 48% | Treasury Wine’s major hiccup | McKinsey cuts 10% of its workforce

2025-06-03

IDP Education has warned investors of a major earnings downgrade, which saw its share price tumble 48% in a single day. Treasury Wine Estates, the Aussie winemaker behind Penfolds, has just suffered a major hiccup in its big, bad, bold US strategy. McKinsey, the leading management consulting company, has cut its workforce by over 10%, as it lets AI tools like take the wheel. _ Download the free app (App Store): http://bit.ly/FluxAppStorel Download the free app (Google Play):...

IDP Education has warned investors of a major earnings downgrade, which saw its share price tumble 48% in a single day.

Treasury Wine Estates, the Aussie winemaker behind Penfolds, has just suffered a major hiccup in its big, bad, bold US strategy.

McKinsey, the leading management consulting company, has cut its workforce by over 10%, as it lets AI tools like take the wheel.

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