Leading company executives from various industries have recently stated that they anticipate AI technology will greatly reduce their workforce numbers within the next five years.
Boeing executives continue to face harsh criticism as distribution issues plague the aircraft manufacturer. Despite repeated promises to improve distribution processes, the company has failed to deliver on its commitments, causing delays and frustration among customers.
Helsinki-based sporting goods company, Amer Sports, fell short of expectations as its initial public offering (IPO) failed to meet the mark. Concerns over the impact of the ongoing trade tensions between the United States and China have been cited as one of the major factors behind the disappointing outcome.
Fast-food giant Wendy’s has named Kirk Tanner, a former executive at beverage and snack manufacturer PepsiCo, as its new Chief Executive Officer (CEO). The announcement comes amidst growing pressure from activist investors seeking changes in the company’s business strategy and direction.
**Image source: SpaceX**
In a recent report by The Wall Street Journal, it has been revealed that executives at SpaceX raised concerns about Elon Musk’s behavior during a meeting, describing it as “cringeworthy.” The executives reportedly speculated whether Musk was under the influence of drugs at the time. This incident has sparked discussions about the leadership style and control at Tesla’s sister company, SpaceX.
