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Home > What the Flux > IDP Education plummets 48% | Treasury Wine's major hiccup | McKinsey cuts 10% of its workforce
Podcast: What the Flux
Episode:

IDP Education plummets 48% | Treasury Wine's major hiccup | McKinsey cuts 10% of its workforce
Category: News & Politics
Duration: 00:06:56
Publish Date: 2025-06-03 19:00:00
Description:

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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