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Starbucks has cut an additional 224 jobs at its Seattle headquarters, impacting tech and store development roles, as its corporate restructuring nears completion. These cuts bring the total Seattle reductions to 537 this year, part of CEO Brian Niccol's broader turnaround strategy aiming for $2 billion in cost savings.
Verily, Alphabet's life sciences business, rebrands as Verily Health Inc. with a $300M investment, shifting to an AI-focused precision health strategy, and Alphabet taking a minority stake.
