Automation – SRK Analytics

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Block Cuts 40 Percent of Workforce for AI Integration and Shows Strong Financial Gains

Discover how Block reduced its workforce by 40 percent to focus on artificial intelligence, leading to better-than-expected earnings and faster output.

Prasenjit Bhowmik September 3, 2026

Startup

Starbucks Abandons AI Inventory Tool, Leaving Tech Partner Blindsided

Starbucks has quietly shut down an ambitious artificial intelligence initiative designed to streamline store inventory, according to recent media reports.The coffee giant ended its partnership with NomadGo, a Washington-based technology…

Prasenjit Bhowmik July 28, 2026

Economy

High Prices Here to Stay Until 2028 as Inflation and Supply Chain Shocks Persist, Top Economist Warns

American consumers hoping for a swift end to years of inflationary pressures face a prolonged wait, as corporate supply chain strains and global trade disruptions are projected to keep everyday…

Prasenjit Bhowmik July 24, 2026

Economy

Inflation Relief Delayed Until 2028 as CEO Confidence Plummets and Structural Costs Rise

American consumers holding out hope for immediate relief from years of elevated living costs face a prolonged period of high prices, as the Federal Reserve's 2% inflation target is unlikely…

Prasenjit Bhowmik July 24, 2026

Emerging Market

British American Tobacco to Cut 9,000 Jobs in Major AI and Outsourcing Shift

British American Tobacco is cutting 9000 corporate jobs in a major shift toward AI and automation to save over 790 million dollars.

Prasenjit Bhowmik July 17, 2026

Business Insights

Tech Industry Faces Massive Workforce Contraction as AI Integration Accelerates

The global technology sector has shed more than 100,000 jobs in the first half of 2026, as major corporations including Cloudflare, Cisco, and LinkedIn implement sweeping layoffs to restructure operations.…

Prasenjit Bhowmik June 30, 2026