Starbucks announces plans to cut 900 corporate jobs and close around 200 stores in the U.S. and Canada as part of a turnaround strategy. CEO Brian Niccol aims to revitalize the brand amid declining sales.
Amazon CEO Andy Jassy's announcement about AI reducing the corporate workforce sparked a fierce backlash among employees, who criticized his leadership and raised concerns about job security and the future of work at the tech giant.
Southwest Airlines to cut 1,750 jobs in a significant cost-saving decision affecting corporate staff. CEO Bob Jordan anticipates substantial savings while acknowledging the difficult impact on employees.
