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.
Starbucks corporate layoffs looming in March: CEO
Global coffeehouse chain Starbucks will cut corporate jobs as new CEO Brian Niccol continues to implement changes to bolster lagging sales and improve profitability.
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 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.
Starbucks to Lay Off Some Corporate Employees
Starbucks’ ongoing comeback plan will now include layoffs. CEO Brian Niccol said in a letter Friday that the brand will have “job eliminations and smaller support teams moving forward” as it looks to revitalize the company.
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 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,
'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
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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.