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4 mins read
Patagonia lays off staff and launches a 'business transformation' to set it up for the next 50 years
Patagonia CEO Ryan Gellert told staff in an internal email that the company was not immune from the…
Polly Thompson
1 min read
Nike's new CEO acknowledges the brand's rough run in his first message to staff
In his first message to employees, Nike's new CEO, Elliot Hill, acknowledged that the company faces…
Tom Carter
2 mins read
China's KFC and Pizza Hut CEO said she spends hours watching her customers eat
Yum China CEO Joey Wat saw Gen Z diners dip fried chicken into mashed potatoes, which gave her the …
Aditi Bharade
4 mins read
A man who's been to nearly 20,000 Starbucks locations describes how the chain could get its 'third-place' status back
Winter has been trying to visit every Starbucks store since 1997, and is about to visit his 20,000t…
Alex Bitter
5 mins read
A fluffy, $85 toy is taking Asia by storm and sparking legions of knockoffs. Inside the meteoric rise of Labubu.
Labubu, a furry plushie with an unsettling grin and serrated teeth, is all the rage in Asia.
Aditi Bharade,Erin Liam
2 mins read
Better catering and nicer bathrooms will help get workers back to the office, says this retail CEO
Stuart Rose, boss of UK supermarket chain Asda, says working from home isn't a "satisfactory" way o…
Polly Thompson
5 mins read
Starbucks and Luckin are in a fight for the global coffee market. I visited both to see how they stack up on price, menu, and vibe.
Starbucks slumped in sales this last quarter. But the Chinese coffee brand, characterized by heavy …
Aditi Bharade
3 mins read
JPMorgan execs call for unity in a memo to staff on Trump's victory
Top JPMorgan executives, including CEO Jamie Dimon, called for Trump to work on "bringing our natio…
Reed Alexander
5 mins read
Intel employees face 'setbacks' as the company slashes staff, pay, and perks
Intel employees faced pay cuts and layoffs, causing uproar over forfeited stock bonuses and shrinki…
Emma Cosgrove,Helen Li
5 mins read
Years of controversy preceded the arrest of the ex-CEO of Abercrombie & Fitch
Before being arrested on charges of sex trafficking, ex-Abercrombie & Fitch CEO Mike Jeffries faced…
Madeline Berg
9 mins read
The end of convenience: What the downfall of Walgreens means for America
Chain pharmacies are flashing warning signs and shuttering stores. 7-Eleven is axing locations. The…
Emily Stewart
2 mins read
Jellysmack is laying off staff as it scales back its creator program
Jellysmack, a prominent creator-economy startup backed by SoftBank, is undergoing a reorganization …
Sydney Bradley,Amanda Perelli…
4 mins read
Patagonia gave 90 staff a choice — relocate across the US or leave the company. They've got 3 days to decide.
One staffer told Business Insider that the company's culture has shifted in recent years, and that …
Polly Thompson
2 mins read
Chief, the networking group for executive women, has laid off staff
Chief laid off staff last week. The company, valued at $1.1 billion in 2022, also laid off employee…
Katie Balevic
1 min read
Peloton's CEO steps down as the company cuts 15% of staff
Peloton CEO Barry McCarthy is stepping down, the fitness company announced on Thursday.
Grace Dean
2 mins read
Ikea was losing 60,000 employees a year. Here's how the retailer worked to fix its staff turnover problem.
Ikea tackled high employee turnover rates by increasing wages and offering workers more flexibility…