Starbucks CEO Announces Corporate Layoffs Will Begin Soon

Starbucks announces corporate layoffs amid sales slump
The American coffeehouse chain Starbucks has announced a reduction in corporate staff, as communicated by the company's CEO, Brian Niccol, in a letter to the team. According to Reuters, Starbucks CEO Brian Niccol announced that the company intends to execute layoffs due to unsatisfactory sales results for the past year.
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 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.
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 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.
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 announces corporate layoffs amid sales decline
The American coffeehouse chain Starbucks has announced a reduction in corporate staff. The company's CEO, Brian Niccol, informed the team in a letter. According to Reuters, Starbucks CEO Brian Niccol announced that the company intends to carry out layoffs due to unsatisfactory sales results for the past year.
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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Starbucks plans to announce corporate layoffs by early March
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