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Ukraine Faces Deepening Power Shortages After Russian Strikes

A resident shows a journalist where a Russian drone struck the roof of an apartment building, depriving its residents of water, heat and electricity, in Kyiv. Ukraine is confronting one of its most severe energy shortfalls since the start of the full‑scale invasion, with the country currently able to supply only about 60% of its electricity needs. A new wave of Russian missile and drone attacks has heavily damaged power plants and transmission infrastructure across multiple regions, pushing the grid to the brink. Officials report that nearly every major power‑generating facility has been hit in recent weeks. Cities such as Kyiv, Kharkiv, Odesa, and Dnipro have experienced rolling blackouts, leaving millions of residents coping with limited heating, lighting, and communications during the winter season. Ukraine’s government has warned that the situation remains extremely challenging. Engineers are working around the clock to repair damaged facilities, but repeated strikes have slowed...
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Starbucks Announces Layoffs Amid Operational Streamlining

 

Starbucks has announced plans to lay off 1,100 corporate employees globally as part of a broader effort to streamline operations under the leadership of new Chairman and CEO Brian Niccol. In a letter to employees released on Monday, Niccol outlined the company's intent to operate more efficiently, increase accountability, reduce complexity, and drive better integration.

The layoffs will affect corporate support employees, but baristas and other store-level staff will not be impacted. Additionally, several hundred open and unfilled positions will be eliminated. Niccol emphasized the need for all work to be overseen by decision-makers to reduce the complexity of Starbucks' structure and eliminate silos that hinder communication.

Niccol, who was hired last fall to address sluggish sales, has also implemented changes to improve service times, particularly during the morning rush, and re-establish Starbucks locations as community gathering places. The company is also cutting items from its menu and experimenting with ordering algorithms to better manage its mix of mobile, drive-thru, and in-store orders.

Despite a 2% decline in global same-store sales during its 2024 fiscal year, Starbucks has seen positive results from recent changes, including the decision to stop charging extra for non-dairy milk and streamlining the menu. These efforts have boosted store traffic and improved service, leading to a modest increase in Starbucks' shares.



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