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Starbucks CEO Announces Corporate Layoffs Will Begin Soon
Starbucks plans corporate layoffs as part of turnaround
Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.
'We Will Have Job Eliminations': Starbucks CEO Announces Corporate Layoffs Will Begin Soon
The memo notes the planned layoffs are for corporate workers and won't affect in-store employees "or the investments we are making in-store hours." Starbucks has over 3,000 stores
Starbucks warns of corporate layoffs in March
CEO Brian Niccol framed forthcoming job cuts as a way to increase efficiency and accountability and reduce organizational complexity.
Ticker: Starbucks plans corporate layoffs as part of turnaround; Late-blooming apples key to crop
Starbucks saidit plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.
Starbucks Stock Rises On Planned Layoffs But Retail Mood Sours
Shares of Starbucks ($SBUX) were in the spotlight, rising nearly 0.7% on Friday, as the coffee chain said it would undertake layoffs of an undisclosed number of employees as part of a restructuring of corporate staff,
Starbucks plans to announce corporate layoffs by early March
Niccol noted steps taken in the US and Canada since he took over in September, including the return of the condiment stations, and eliminating the up-charge for alternative milk. It also set a goal to get customers their handcrafted beverage in four minutes or less, and add shifts in over 3,000 stores.
Ticker: Starbucks plans corporate layoffs; Walgreens accused of filling fraud prescriptions
Starbucks said it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. The company also needs to reduce complexity and silos.
Starbucks CEO expects to make corporate cuts this spring
Starbucks CEO Brian Niccol said Friday he expects a round of corporate layoffs will come as soon as this spring, as the company streamlines operations in an effort to turn around performance.
14h
on MSN
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Hosted on MSN
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Roundup: Paris agreement / Starbucks layoffs / TikTok
President Donald Trump on Monday signed an executive order directing the U.S. to again withdraw from the landmark Paris climate agreement, dealing a blow to worldwide efforts to combat global warming ...
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Clarification: Starbucks-Layoffs story
In a story published Jan. 17, 2025, The Associated Press reported that Starbucks has 16,000 corporate employees worldwide.
Restaurant Business
5d
Starbucks to cut some support staff
The coffee shop giant’s CEO said that the company’s “size and structure can slow us down” and there will be job eliminations ...
5d
Starbucks CEO wants stores like this one in S.F. — but it's closing
Starbucks said the closure of a popular San Francisco location is a simple business decision. Neighborhood residents don't ...
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