| __timestamp | Thomson Reuters Corporation | XPO Logistics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 9209000000 | 422500000 |
| Thursday, January 1, 2015 | 8810000000 | 1113400000 |
| Friday, January 1, 2016 | 8232000000 | 1651200000 |
| Sunday, January 1, 2017 | 8079000000 | 1656500000 |
| Monday, January 1, 2018 | 4131000000 | 1837000000 |
| Tuesday, January 1, 2019 | 4413000000 | 1845000000 |
| Wednesday, January 1, 2020 | 3999000000 | 2172000000 |
| Friday, January 1, 2021 | 1624000000 | 1322000000 |
| Saturday, January 1, 2022 | 1622000000 | 678000000 |
| Sunday, January 1, 2023 | 64000000 | 167000000 |
| Monday, January 1, 2024 | 134000000 |
Unleashing the power of data
In the competitive world of business, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Thomson Reuters Corporation and XPO Logistics, Inc. have taken different paths in controlling these costs. From 2014 to 2023, Thomson Reuters saw a dramatic reduction in SG&A expenses, plummeting from over $9 billion to just $64 million, a staggering 99% decrease. This reflects a strategic shift towards leaner operations. In contrast, XPO Logistics, Inc. experienced a more modest reduction, with expenses decreasing by 60% from $422 million to $167 million. This suggests a steady, yet less aggressive approach to cost management. The data highlights the importance of strategic financial planning and its impact on a company's bottom line. As businesses navigate economic uncertainties, these insights offer valuable lessons in cost efficiency and operational excellence.
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