Tag: how it works

P&G’s GenAI model ChatPG enables simplification and communication: Kumar Venkatasubramanian

"ChatPG has become a massive enabler, not just of simplification, but also of effective communication within the organization," Kumar Venkatasubramanian remarked.

P&G India CEO Kumar Venkatasubramanian highlighted the company’s cutting-edge advancements in technology, discussing on ChatPG, AI-driven consumer engagement, and supply chain innovation.

Unilever’s new CEO to receive 1.8 million euros fixed salary; outgoing CEO gets exit package

The transition comes as Hein Schumacher, Unilever's CEO and Board Director, is set to step down on March 1, 2025, and officially leave the company on May 31, 2025. (Left to Right: Fernando Fernandez, Hein Schumacher)

Hein Schumacher, who has been at the helm of the consumer goods giant since July 2023, will continue to receive his current fixed salary of 1.85 million euros until his departure.

Starbucks lays off 1,100 corporate employees amid restructuring

The restructuring affects Starbucks' global corporate support staff, which totals approximately 16,000 employees. However, the layoffs will not impact all positions; roles such as roasting, warehouse operations, and in-store baristas remain unaffected.

Under new CEO Brian Niccol, the Seattle-based coffee giant targets streamlining operations as sluggish sales spur decisive action.