{"id":941125,"date":"2025-06-25T07:14:36","date_gmt":"2025-06-25T01:44:36","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=941125"},"modified":"2025-06-25T07:23:27","modified_gmt":"2025-06-25T01:53:27","slug":"lg-rewires-strategy-before-hitting-ipo-switch","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/25\/lg-rewires-strategy-before-hitting-ipo-switch\/","title":{"rendered":"LG rewires strategy before hitting IPO switch"},"content":{"rendered":"<p>Kolkata: Ahead of its public issue planned for the year-end, India&#8217;s largest home appliance manufacturer, LG Electronics, has started tightening its belt in the face of a decline in revenue in the first half of calendar 2025. <\/p>\n<p>Cost-cutting has started, with LG in the process of reducing the number of in-store sales promoters in retail outlets and a message to the sales team to either perform or leave, three industry executives aware of the developments said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: Ahead of its public issue planned for the year-end, India&#8217;s largest home appliance manufacturer, LG Electronics, has started tightening its belt in the face of a decline in revenue in the first half of calendar 2025. Cost-cutting has started, with LG in the process of reducing the number of in-store sales promoters in retail outlets and a message to the sales team to either perform or leave, three industry executives aware of the developments said.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-941125","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/941125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=941125"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/941125\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=941125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=941125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=941125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}