Next Faces Store Closures After Equal Pay Defeat

Fashion and homeware retailer Next has issued a stark warning of potential store closures following a significant legal defeat in an equal pay case. The company, which saw record profits last year, is facing a potential financial blow if it loses its appeal against a ruling that its pay structure is discriminatory. The retailer’s CEO, Lord Wolfson, has expressed concerns that failure to overturn the ruling could lead to store closures as costs increase. Despite the legal setback, Next remains optimistic about its overall business performance, with strong international sales and an increased annual profit forecast.

Chet Kapoor’s Journey from Steve Jobs’ Intern to CEO of DataStax

Chet Kapoor, CEO of DataStax, credits his early experience as an intern for Steve Jobs at NeXT as a significant factor in his success. Kapoor attributes his focus on understanding Jobs’ thought process, particularly through his questions in meetings, to his career trajectory. He also highlights the product and design-centric culture fostered by Jobs at NeXT, emphasizing the importance of user experience and engineering discipline. Kapoor’s journey serves as an example of how mentorship and early exposure to industry leaders can shape professional growth.

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