starbucks

starbucks has reportedly ditched its AI-powered inventory tracking system after just nine months, citing a need to standardize counting methods. The tool, intended to combat product shortages, allegedly miscounted items. This move comes as CEO Brian Niccol faces pressure to improve profits, with the company also announcing significant corporate layoffs.

starbucks is cutting 300 US jobs and reviewing international corporate roles, marking its third round of layoffs under CEO Brian Niccol. This move, part of a $400 million restructuring, aims to boost profitable growth by sharpening focus and reducing costs. These cuts exclude coffeehouse staff, as the company pursues its 'Back to starbucks' strategy.

starbucks is laying off approximately 300 US-based roles as it consolidates its office network and shutters several locations. This move is part of a broader strategy to achieve "durable, profitable growth" by reducing complexity and costs. The company expects additional international job cuts as it reviews its global support structure.

A Milan espresso bar visit in 1983 became a turning point for Howard Schultz. He saw coffee as more than a drink, but an experience. This observation led to starbucks' focus on atmosphere and customer relationships. The brand's success shows how cultural observation can create a global business model. starbucks' journey inspires entrepreneurs to explore new ideas.

Dunkin's decade-and-a-half adventure in India comes to an end as Jubilant FoodWorks pulls back from the franchise, pointing to stagnant growth and ongoing losses. The brand faltered in aligning its offerings with local breakfast customs and misinterpreted visibility for real success.

19-year-old Samrath Singh Chadha's story is one of passion for computers and AI, and an amazing capacity for persistence. He's been selected to the Y Combinator and Z Fellows accelerator programmes. He is currently training a small, highly specialised model, sub-one-billion parameters, to get coding agents to search faster. He tells youngsters there is big demand for those who can build using AI tools

starbucks is reportedly cutting jobs within its technology teams as part of a significant restructuring. This move aims to sharpen focus and reallocate resources effectively under new CEO Brian Niccol's turnaround plan. These layoffs follow previous workforce reductions and store closures, signaling a broader effort to streamline operations and address financial pressures.

Brandon Phillips is retiring as a Cincinnati Reds player and entering the team’s Hall of Fame. His wife, WWE star Jade Cargill, will be there to support him. From a chance starbucks meeting to building a family together, their story shows both love and strong support during one of the biggest moments of Phillips’ career.

OpenAI's ChatGPT now features a beta integration with starbucks, allowing users to discover and customize drinks through conversational prompts. This move aims to meet customers' "feeling-based" inspiration and simplify the ordering process. The feature, part of starbucks' "Back to starbucks" strategy, directs final orders to the company's own apps to maintain loyalty program functionality.

Delhi High Court has allowed several Khan Market eateries to operate without a fire NOC, provided they maintain an occupancy of under 50 people. Citing structural constraints and the area's heritage status, the court acknowledged that stringent fire norms might be impractical for smaller restaurants. This decision aims to prevent closures due to such requirements.

Apple is closing three US retail stores in June, including the Towson Town Center location, which was the first Apple store where employees unionized. The company cited declining mall conditions and the departure of other retailers as reasons for the closures. Employees at the affected stores will be eligible to apply for roles at nearby locations or other Apple positions.

Reid Hoffman, co-founder of LinkedIn, cautions against building your entire identity around one passion or career. While deep commitment is crucial for success, he emphasizes the need for a flexible identity. This allows individuals to adapt and thrive when circumstances inevitably change, preventing an identity crisis.