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Starbucks to lay off 1,100 corporate employees

Starbucks to lay off 1,100 employees and cut drinks from its menu

Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's driving the changes.

The New York Times · 19h

Starbucks to Lay Off 1,100 Corporate Employees Amid Sluggish Sales

The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.

Hosted on MSN · 18h

Starbucks Unleashes Mass Layoffs

Starbucks announced a major restructuring initiative on Monday that includes the elimination of 1,100 corporate roles across its global support teams. The move, communicated by Starbucks CEO Brian Niccol in a press release,

1don MSN

Starbucks to lay off 1,100 employees this week as CEO aims to deliver on turnaround

Starbucks announced it will eliminate about 7% of corporate jobs as CEO Brian Niccol focuses on the company's turnaround plan ...

21h

Struggling Starbucks announces plans to layoff workers

In a Monday message to employees, Starbucks CEO Brian Niccol announced the Seattle-based coffee giant is planning to lay off 1,100 employees as the company continues to face headwinds amid declining ...

2hon MSN

Starbucks' largest layoffs in company's history. Why is the coffee giant firing 1,100 employees?: 10 point-explainer

Starbucks has planned to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines ...

Starbucks to eliminate more than 1,000 corporate roles

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Retailers’ Risk From DEI Policies Grows After Target And Starbucks Are Hit With Lawsuits

The legal battle against corporate DEI policies has escalated as Florida files suit against Target and Missouri against ...

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