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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Starbucks is linking tech worker bonuses to AI adoption as it anticipates $400 million in restructuring charges related to new strategic initiatives. The company is also exploring strategic options for its Japanese operations, including a potential stake sale. Meanwhile, Starbucks Korea has been forced to reduce operating hours following a failed promotion and a customer boycott that impacted overall revenue.