Sources told CNBC that Carlos Tavares was fixated on near-term costs and profits to the detriment of the business as well as the company’s products.
Related Posts
Starbucks barista strike expands to more than 300 stores in 45 states
The strike will affect only about 3% of all locations. A barista workers union is aiming to raise worker pay and highlight alleged unfair labor […]
Macy’s turnaround starts to take shape, but ailing stores weigh on quarterly results
Macy’s is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as it looks to reverse sales […]
Apple launches its ChatGPT integration with Siri
Apple released new versions of its iPhone, iPad, and Mac software on Wednesday that include the long-awaited ChatGPT integration with Siri.