GOOD MORNING, CFO
Friday, September 12, 2025
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HEADLINES & DEADLINES
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Job market cracks widen
U.S. consumers see just a 44.9% chance of landing a new job within 3 months if unemployed, the lowest since 2013 (NY Fed).
BLS revised down 911,000 jobs from 2024–25 totals, cutting earlier growth estimates in half.
Producer prices fell, adding fuel to Fed rate cut expectations.
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CFO churn & moves
Fortune 500/S&P 500 CFO turnover hit 71 in H1, with 72% internal hires.
Dell CFO Yvonne McGill resigned, Yum! promoted Ranjith Roy, Spectrum Brands terminated its CFO, and Sweetgreen hired Jamie McConnell.
Nestlé CEO ousted after a second favoritism probe, CFO confirmed details.
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AI, cyber & compliance risks
Fed says AI-driven job displacement may already be showing up in weak data.
Companies rushing into AI adoption face governance and privacy gaps.
Cyber claims fell 53% in H1, but ransomware losses grew 20%.
Finance’s image problem: only 18% of business partners think finance prioritizes strategic needs.
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Consumer squeeze
Thrift store visits up 39.5% since 2019, far outpacing overall retail, signaling economic strain.
Gas (+3.9%) and food (+5.5%) price expectations are rising.
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Corporate & markets
Tesla CFO sold more shares as Musk pushes a $1T pay package.
Walmart CFO trimmed planned stock sales.
Novo Nordisk cutting 9,000 jobs as it loses weight-loss market share.
FAST FACTS
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911,000 jobs cut from BLS estimates
44.9%: consumer confidence in job search success (12-year low)
$40B: projected AI-driven fraud losses by 2027
9%: employer healthcare cost increase expected in 2026
MORNING HACKS
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Run workforce audits: focus on upskilling early-career hires in problem-solving and initiative.
Tighten AI compliance: map privacy and risk controls before scaling adoption.
Stress-test tariff exposure: model cost, pricing, and supply chain pivots.
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