jobs
Starbucks continues cutting corporate staff as CEO Brian Niccol pushes ahead with a sweeping turnaround effort that has already reshaped parts of the coffee giant’s business. Loading audio narration… The company announced on Friday that it is eliminating about 300 US support roles and reviewing its international support organization, a…
Cisco is cutting “fewer than 4,000 jobs” as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published Wednesday. Loading audio narration… The layoffs, which affect less than 5% of Cisco’s workforce, come as the company reported stronger-than-expected…
Anthropic CFO Krishna Rao says AI now writes 90% of the company’s code — and it’s changing what white-collar workers do all day. Loading audio narration… Rao, on an episode of Patrick O’Shaughnessy’s “Invest Like the Best” podcast published Wednesday, described a workplace inside Anthropic where AI systems increasingly handle…
Walmart is cutting or relocating about 1,000 corporate jobs to address redundancies and duplicate roles. Loading audio narration… A spokesperson for the retail giant confirmed the number of roles affected to Business Insider on Tuesday. The Wall Street Journal earlier reported the news.A person familiar with the restructuring said it…
